Generate Investment Management Limited
Thematic Fund
Generate KiwiSaver SchemeAggressive
What the provider says about this fund
The Thematic 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 based on investment themes that are considered to have high growth potential 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)
68.0
Members
2,793
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
97.00%
Income assets
3.00%
| Asset class | Actual | Target | Average for Aggressive funds |
|---|---|---|---|
| Cash and equivalents | 3.00% | 2.00% | 1.31% |
| International shares | 97.00% | 98.00% | 59.89% |
Top 10 holdings
| Rank | Asset | Asset class | Asset type | Country | % of fund |
|---|---|---|---|---|---|
| 1 | Nvidia | Shares | International Equities | US | 9.76% |
| 2 | Apple Inc | Shares | International Equities | US | 8.60% |
| 3 | Microsoft Corp | Shares | International Equities | US | 8.44% |
| 4 | Amazon.Com Inc | Shares | International Equities | US | 8.13% |
| 5 | Alphabet Inc Class A | Shares | International Equities | US | 7.13% |
| 6 | Meta Platforms Inc | Shares | International Equities | US | 4.39% |
| 7 | Netflix Inc | Shares | International Equities | US | 3.13% |
| 8 | ASB NZ Dollar Cash Account | Cash | Cash and Cash Equivalents | NZ | 2.73% |
| 9 | Siemens | Shares | International Equities | DE | 2.57% |
| 10 | Broadcom Inc | Shares | International Equities | US | 2.54% |
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 |