FundRock NZ Limited
InvestNow Foundation Series US Dividend Equity Fund
InvestNow KiwiSaver SchemeAggressive
What the provider says about this fund
Provides exposure to an underlying fund that invests into an ETF that in turn invests in high dividend yielding shares issued by companies in the United States that have a record of consistently paying dividends
5-year return p.a.
5.59%
Total annual fee
0.06%
Fund size ($m)
1.1
Members
91
Inception date
15 July 2025
Risk indicator
The official Smart Investor risk indicator uses a scale from 1 to 7.
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7
Lower riskHigher risk
Investment mix
Growth assets
99.75%
Income assets
0.25%
| Asset class | Actual | Target | Average for Aggressive funds |
|---|---|---|---|
| Australasian shares | 0.00% | 0.00% | 28.28% |
| Cash and equivalents | 0.25% | 0.00% | 1.31% |
| Commodities | 0.00% | 0.00% | 0.09% |
| International bonds | 0.00% | 0.00% | 0.17% |
| International shares | 99.75% | 100.00% | 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 | Schwab U.S. Dividend Equity ETF | Shares | International Equities | US | 99.75% |
| 2 | Cash at Bank (BNZ) | Cash | Cash and Cash Equivalents | NZ | 0.24% |
Fees
0.06% total annual fee
| Fee type | Fee | Cost per year on a $30,000 balance | Average for Aggressive funds |
|---|---|---|---|
| Management fees | 0.00% | $0 | 0.71% |
| Other fees | 0.06% | $18 | 0.08% |
| Membership fees | 0.00% | $0 | 0.05% |
| Total combined fees | 0.06% | $18 | 0.85% |
Documents
- Latest fund update
- Other material information
- Other material information
- Product disclosure statement
- Product disclosure statement
- Product disclosure statement
- Product disclosure statement
- Product disclosure statement
- Product disclosure statement
- Product disclosure statement
- Product disclosure statement
- Product disclosure statement
- Product disclosure statement
- Product disclosure statement
- Product disclosure statement
- Product disclosure statement
- Product disclosure statement
- Statement of investment policy and objectives
Key personnel
| Name | Position | Time in role |
|---|---|---|
| Anthony Sowerby | Investment Committee Member | 6 years |
| Jason Choy | Investment Committee Member | 3 years, 8 months |
| Kimi David | Investment Committee Member | 1 year, 1 month |
| Mike Heath | Investment Committee Member | 6 years |