Koura Wealth Limited
Growth Strategy
Koura KiwiSaver SchemeGrowth
What the provider says about this fund
The Growth Strategy aims to replicate the equivalent of 80% growth and 20% income assets by investing in Koura Funds. Our Growth Strategy targets higher-risk and higher-return opportunities, primarily through investments in shares with an allocation to fixed interest assets providing some risk mitigation.
1-year return
11.87%
5-year return p.a.
4.78%
Total annual fee
1.12%
Fund size ($m)
0.5
Members
12
Inception date
15 April 2024
Risk indicator
The official Smart Investor risk indicator uses a scale from 1 to 7.
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Lower riskHigher risk
Investment mix
Growth assets
82.20%
Income assets
17.80%
| Asset class | Actual | Target | Average for Growth funds |
|---|---|---|---|
| Australasian shares | 0.00% | 12.60% | 20.20% |
| International shares | 82.20% | 67.20% | 51.02% |
| New Zealand bonds | 16.58% | 20.20% | 7.35% |
Top 10 holdings
| Rank | Asset | Asset class | Asset type | Country | % of fund |
|---|---|---|---|---|---|
| 1 | JPMorgan Global REI Equity Active UCITS ETF | Shares | International Equities | GB | 82.18% |
| 2 | BNZ NZD Account | Cash | Cash and Cash Equivalents | NZ | 1.20% |
| 3 | NZLGFA 2.25% 15/05/2031 | Bonds | New Zealand Fixed Interest | NZ | 1.07% |
| 4 | MERINZ 5.4% 21/03/2030 | Bonds | New Zealand Fixed Interest | NZ | 0.99% |
| 5 | DCTL 3.22% 27/11/2028 | Bonds | New Zealand Fixed Interest | NZ | 0.77% |
| 6 | MERINZ 5.4% 21/03/2030 | Bonds | New Zealand Fixed Interest | NZ | 0.63% |
| 7 | BZLNZ 5.8720% 01/09/2028 | Bonds | New Zealand Fixed Interest | NZ | 0.61% |
| 8 | NZLGFA 4.5% 15/05/2030 | Bonds | New Zealand Fixed Interest | NZ | 0.55% |
| 9 | NZLGFA 2.25% 15/05/2028 | Bonds | New Zealand Fixed Interest | NZ | 0.52% |
| 10 | DCTL 1.93% 18/04/2028 | Bonds | New Zealand Fixed Interest | NZ | 0.52% |
Fees
1.12% total annual fee
| Fee type | Fee | Cost per year on a $30,000 balance | Average for Growth funds |
|---|---|---|---|
| Management fees | 0.81% | $243 | 0.92% |
| Other fees | 0.21% | $63 | 0.10% |
| Membership fees | 0.10% | $30 | 0.05% |
| Total combined fees | 1.12% | $336 | 1.07% |
Yearly returns
| Year ending | Fund return | Average for Growth funds |
|---|---|---|
| 31 March 2026 | 11.87% | 7.60% |
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 |