Fisher Funds Management Limited
Glidepath Age 25
Fisher Funds KiwiSaver PlanGrowth
What the provider says about this fund
GlidePath Age 25 is a representation of the GlidePath life cycle. This investment option is fully invested in the Aggressive Fund.
1-year return
1.65%
5-year return p.a.
4.78%
Total annual fee
1.23%
Fund size ($m)
0.0
Members
0
Inception date
26 March 2025
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
87.49%
Income assets
12.51%
| Asset class | Actual | Target | Average for Growth funds |
|---|---|---|---|
| Australasian shares | 26.58% | 28.00% | 20.20% |
| Cash and equivalents | 12.45% | 5.00% | 6.14% |
| International shares | 58.46% | 63.00% | 51.02% |
| Listed property | 0.49% | 2.00% | 3.65% |
| Unlisted property | 1.96% | 2.00% | 0.70% |
Top 10 holdings
| Rank | Asset | Asset class | Asset type | Country | % of fund |
|---|---|---|---|---|---|
| 1 | ANZ 10 A/C - Current Accounts | Cash | Cash and Cash Equivalents | NZ | 5.93% |
| 2 | Cash at Bank | Cash | Cash and Cash Equivalents | NZ | 5.21% |
| 3 | Fisher & Paykel Healthcare Corp Ltd | Shares | Australasian Equities | NZ | 2.41% |
| 4 | Fishers Institutional Glb Prvt Eqty USD | Shares | International Equities | US | 2.27% |
| 5 | Microsoft Corporation | Shares | International Equities | US | 2.03% |
| 6 | Infratil Limited | Shares | Australasian Equities | NZ | 1.84% |
| 7 | E-Mini S&P 500 Futures 18/06/2026 | Shares | International Equities | US | 1.68% |
| 8 | Amazon.Com Inc | Shares | International Equities | US | 1.41% |
| 9 | BHP Group Limited | Shares | Australasian Equities | AU | 1.20% |
| 10 | Auckland International Airport Limited | Shares | Australasian Equities | NZ | 1.13% |
Fees
1.23% total annual fee
| Fee type | Fee | Cost per year on a $30,000 balance | Average for Growth funds |
|---|---|---|---|
| Management fees | 1.06% | $318 | 0.92% |
| Other fees | 0.17% | $51 | 0.10% |
| Membership fees | 0.00% | $0 | 0.05% |
| Total combined fees | 1.23% | $369 | 1.07% |
Yearly returns
| Year ending | Fund return | Average for Growth funds |
|---|---|---|
| 31 March 2026 | 1.65% | 7.60% |
Documents
- Full portfolio holdings (spreadsheet)
- Latest fund update
- Other material information
- Other material information
- Other material information
- Other material information
- Other material information
- Other material information
- Other material information
- Other material information
- Product disclosure statement
- Statement of investment policy and objectives
- Statement of investment policy and objectives
Key personnel
| Name | Position | Time in role |
|---|---|---|
| Ashley Gardyne | Chief Investment Officer | 4 years, 9 months |
| Mark Brighouse | Chief Investment Strategist | 8 years, 8 months |
| Matt Peek | Portfolio Manager, NZ Equities | 3 years, 6 months |
| Robbie Urquhart | Senior Portfolio Manager, Australian Equities | 7 years, 10 months |
| Sam Dickie | Senior Portfolio Manager, International Equities and Property & Infrastructure | 3 years, 6 months |