Amova Asset Management New Zealand Limited

GoalsGetter Generate Focused Growth Fund

GoalsGetter KiwiSaver SchemeAggressive

What the provider says about this fund

The fund aims to provide a higher return over the long term by investing in an actively managed diversified portfolio made up predominantly of growth assets with a minor allocation of income assets. Aims to generate a return while minimising potential losses.

1-year return

5.85%

5-year return p.a.

5.59%

Total annual fee

1.61%

Fund size ($m)

10.9

Members

292

Inception date

9 May 2024

Risk indicator

The official Smart Investor risk indicator uses a scale from 1 to 7.

1
2
3
4
5
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7
Lower riskHigher risk

Investment mix

Growth assets

97.57%

Income assets

2.43%

Asset classActualTargetAverage for Aggressive funds
Australasian shares25.53%27.00%28.28%
Cash and equivalents2.42%5.00%1.31%
Commodities0.00%0.00%0.09%
International bonds0.00%0.00%0.17%
International shares65.92%65.00%59.89%
Listed property5.81%3.00%8.08%
New Zealand bonds0.01%0.00%0.17%
Unlisted property0.31%0.00%0.17%

Top 10 holdings

RankAssetAsset classAsset typeCountry% of fund
1Generate Focused Growth Managed FundFundFundNZ99.15%
2Cash and cash equivalentsCashCash and Cash EquivalentsNZ0.85%

Fees

1.61% total annual fee

Fee typeFeeCost per year on a $30,000 balanceAverage for Aggressive funds
Management fees1.31%$3930.71%
Other fees0.20%$600.08%
Performance fees0.00%$00.00%
Membership fees0.10%$300.05%
Total combined fees1.61%$4830.85%

Yearly returns

Year endingFund returnAverage for Aggressive funds
31 March 20265.85%12.72%

Key personnel

NamePositionTime in role
James RogersChief Operating Officer and member of the Investment Committee9 years
Sam BrydenHead of Distribution and member of the Investment Committee3 years
Stuart WilliamsManaging Director and Chair of Investment Committee3 years