Koura Wealth Limited
Conservative Strategy
Koura KiwiSaver SchemeConservative
What the provider says about this fund
The Conservative Strategy aims to replicate the equivalent of 25% growth and 75% income assets by investing in Koura Funds. Our Conservative Strategy primarily focuses on safeguarding your money while aiming for modest capital growth.
1-year return
5.22%
5-year return p.a.
2.32%
Total annual fee
0.85%
Fund size ($m)
0.0
Members
0
Inception date
15 April 2024
Risk indicator
The official Smart Investor risk indicator uses a scale from 1 to 7.
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Investment mix
Growth assets
25.44%
Income assets
74.56%
| Asset class | Actual | Target | Average for Conservative funds |
|---|---|---|---|
| Australasian shares | 0.00% | 3.90% | 5.79% |
| Cash and equivalents | 20.78% | 19.00% | 20.22% |
| International shares | 25.44% | 20.80% | 14.45% |
| New Zealand bonds | 53.78% | 56.30% | 29.28% |
Top 10 holdings
| Rank | Asset | Asset class | Asset type | Country | % of fund |
|---|---|---|---|---|---|
| 1 | JPMorgan Global REI Equity Active UCITS ETF | Shares | International Equities | GB | 25.44% |
| 2 | BNZ NZD Account | Cash | Cash and Cash Equivalents | NZ | 16.90% |
| 3 | NZLGFA 2.25% 15/05/2031 | Bonds | New Zealand Fixed Interest | NZ | 3.67% |
| 4 | DCTL 3.22% 27/11/2028 | Bonds | New Zealand Fixed Interest | NZ | 2.66% |
| 5 | MERINZ 5.4% 21/03/2030 | Bonds | New Zealand Fixed Interest | NZ | 2.16% |
| 6 | BZLNZ 5.8720% 01/09/2028 | Bonds | New Zealand Fixed Interest | NZ | 2.09% |
| 7 | NZLGFA 4.5% 15/05/2030 | Bonds | New Zealand Fixed Interest | NZ | 1.89% |
| 8 | DCTL 1.93% 18/04/2028 | Bonds | New Zealand Fixed Interest | NZ | 1.80% |
| 9 | NZLGFA 2.25% 15/05/2028 | Bonds | New Zealand Fixed Interest | NZ | 1.80% |
| 10 | KIWI 5.737% 19/10/2027 | Bonds | New Zealand Fixed Interest | NZ | 1.74% |
Fees
0.85% total annual fee
| Fee type | Fee | Cost per year on a $30,000 balance | Average for Conservative funds |
|---|---|---|---|
| Management fees | 0.69% | $207 | 0.70% |
| Other fees | 0.06% | $18 | 0.11% |
| Membership fees | 0.10% | $30 | 0.05% |
| Total combined fees | 0.85% | $255 | 0.86% |
Yearly returns
| Year ending | Fund return | Average for Conservative funds |
|---|---|---|
| 31 March 2026 | 5.22% | 3.96% |
Key personnel
| Name | Position | Time in role |
|---|---|---|
| David Moore | Investment Committee Member | 6 years, 11 months |
| Nigel Scott | Director, Investment Committee Member | 5 years, 4 months |
| Rupert Carlyon | Managing Director , Investment Committee Member | 7 years, 7 months |
| Warren Couillault | Chairman, Investment Committee Member | 6 years, 11 months |