Generate Investment Management Limited
Global Fund
Generate KiwiSaver SchemeAggressive
What the provider says about this fund
The Global Fund aims to provide a higher return over the long term. It invests in an actively managed portfolio of growth assets predominantly made up of mid to large cap international equities with a very minor allocation of income assets. Volatility is likely to be high. Returns will vary and may be low or negative at times.
5-year return p.a.
5.59%
Total annual fee
1.30%
Fund size ($m)
31.3
Members
1,573
Inception date
30 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
97.93%
Income assets
2.07%
| Asset class | Actual | Target | Average for Aggressive funds |
|---|---|---|---|
| Cash and equivalents | 2.07% | 2.00% | 1.31% |
| International shares | 97.93% | 98.00% | 59.89% |
Top 10 holdings
| Rank | Asset | Asset class | Asset type | Country | % of fund |
|---|---|---|---|---|---|
| 1 | Nvidia | Shares | International Equities | US | 9.25% |
| 2 | Microsoft Corp | Shares | International Equities | US | 6.55% |
| 3 | Meta Platforms Inc | Shares | International Equities | US | 6.07% |
| 4 | Amazon.Com Inc | Shares | International Equities | US | 5.53% |
| 5 | Constellation Software Inc | Shares | International Equities | CA | 5.42% |
| 6 | Micron Technology Inc | Shares | International Equities | US | 4.48% |
| 7 | Broadcom Inc | Shares | International Equities | US | 4.11% |
| 8 | BNP US Dollar Cash Account | Cash | Cash and Cash Equivalents | US | 4.00% |
| 9 | Taiwan Semiconductor | Shares | International Equities | TW | 3.59% |
| 10 | Oracle Corp | Shares | International Equities | US | 3.58% |
Fees
1.30% total annual fee
| Fee type | Fee | Cost per year on a $30,000 balance | Average for Aggressive funds |
|---|---|---|---|
| Management fees | 1.15% | $345 | 0.71% |
| Other fees | 0.03% | $9 | 0.08% |
| Membership fees | 0.12% | $36 | 0.05% |
| Total combined fees | 1.30% | $390 | 0.85% |
Key personnel
| Name | Position | Time in role |
|---|---|---|
| Andrew Bolland | Portfolio Manager - Property & Infrastructure, Australasian Equities | 6 years, 9 months |
| Ayrton Oliver | Portfolio Manager - Fixed Income | 5 years |
| Daniel Frost | Portfolio Manager - Property & Infrastructure, Australasian Equities | 8 years, 2 months |
| Nathan Field | Portfolio Manager - Global Equities | 3 years, 1 month |
| Sam Goldwater | Chief Investment Officer/Investment Committee Member/Executive Director | 13 years |