SBS Wealth Limited
SBS Wealth Focused Growth Fund
SBS Wealth KiwiSaver SchemeAggressive
What the provider says about this fund
The fund aims to provide investors with a higher risk investment option that achieves capital growth over the long term. The Fund invests in a concentrated selection of international equities, with a small amount in cash.
5-year return p.a.
5.59%
Total annual fee
1.20%
Fund size ($m)
23.8
Members
6,512
Inception date
28 April 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
100.82%
Income assets
0.82%
| Asset class | Actual | Target | Average for Aggressive funds |
|---|---|---|---|
| Australasian shares | 0.00% | 0.00% | 28.28% |
| Cash and equivalents | -0.82% | 2.00% | 1.31% |
| Commodities | 0.00% | 0.00% | 0.09% |
| International bonds | 0.00% | 0.00% | 0.17% |
| International shares | 100.82% | 98.00% | 59.89% |
| Listed property | 0.00% | 0.00% | 8.08% |
| New Zealand bonds | 0.00% | 0.00% | 0.17% |
| Unknown | 0.00% | 0.00% | 0.00% |
| Unlisted property | 0.00% | 0.00% | 0.17% |
Top 10 holdings
| Rank | Asset | Asset class | Asset type | Country | % of fund |
|---|---|---|---|---|---|
| 1 | Alphabet Inc Class A | Shares | International Equities | US | 8.03% |
| 2 | Taiwan Semiconductor-SP ADR | Shares | International Equities | TW | 7.97% |
| 3 | JPMorgan Chase & Co | Shares | International Equities | US | 7.46% |
| 4 | Wal-Mart Stores Inc | Shares | International Equities | US | 7.02% |
| 5 | Microsoft Corporation | Shares | International Equities | US | 6.84% |
| 6 | NVIDIA Corp | Shares | International Equities | US | 6.72% |
| 7 | Schneider Electric SE | Shares | International Equities | FR | 6.53% |
| 8 | Visa Inc-Class A Shares | Shares | International Equities | US | 6.23% |
| 9 | Eli Lilly and Company | Shares | International Equities | US | 5.96% |
| 10 | Apple Inc | Shares | International Equities | US | 5.89% |
Fees
1.20% total annual fee
| Fee type | Fee | Cost per year on a $30,000 balance | Average for Aggressive funds |
|---|---|---|---|
| Management fees | 1.00% | $300 | 0.71% |
| Other fees | 0.20% | $60 | 0.08% |
| Membership fees | 0.00% | $0 | 0.05% |
| Total combined fees | 1.20% | $360 | 0.85% |
Key personnel
| Name | Position | Time in role |
|---|---|---|
| Anthony Halls | Non-executive Director / Investment Committee chairperson | 5 months |
| Derek Young | Chief Operating Officer | 2 years, 8 months |
| Martin Pike | Chief Investment Officer | 10 years, 6 months |
| Morne Redgard | Chief Executive Officer | 2 years, 10 months |
| Phil Ellison | Non-executive Director / Investment Committee member | 3 years, 8 months |