Smartshares Limited
Quaystreet Australian Equity Fund
Quaystreet KiwiSaver SchemeAggressive
What the provider says about this fund
The QuayStreet Australian Equity Fund invests predominantly in companies that are in the ASX 200 Index. The investment objective is to provide a level of return above the fund’s benchmark over the long term.
1-year return
9.55%
5-year return p.a.
7.14%
Total annual fee
1.37%
Fund size ($m)
3.1
Members
148
Inception date
30 November 2010
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
97.52%
Income assets
2.48%
| Asset class | Actual | Target | Average for Aggressive funds |
|---|---|---|---|
| Australasian shares | 94.09% | 100.00% | 28.28% |
| Cash and equivalents | 2.49% | 0.00% | 1.31% |
| Commodities | 0.00% | 0.00% | 0.09% |
| International bonds | 0.00% | 0.00% | 0.17% |
| International shares | 0.00% | 0.00% | 59.89% |
| Listed property | 3.43% | 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 | BHP Billiton | Shares | Australasian Equities | AU | 11.21% |
| 2 | Commonwealth Bank of Australia | Shares | Australasian Equities | AU | 8.65% |
| 3 | Westpac Banking Corp | Shares | Australasian Equities | AU | 6.81% |
| 4 | ANZ Group | Shares | Australasian Equities | AU | 5.79% |
| 5 | Macquarie Group | Shares | Australasian Equities | AU | 4.56% |
| 6 | CSL | Shares | Australasian Equities | AU | 3.61% |
| 7 | Newmont Corp | Shares | Australasian Equities | US | 2.95% |
| 8 | Wesfarmers | Shares | Australasian Equities | AU | 2.32% |
| 9 | Brambles | Shares | Australasian Equities | AU | 2.29% |
| 10 | Coles Group | Shares | Australasian Equities | AU | 2.15% |
Fees
1.37% total annual fee
| Fee type | Fee | Cost per year on a $30,000 balance | Average for Aggressive funds |
|---|---|---|---|
| Management fees | 1.16% | $348 | 0.71% |
| Other fees | 0.11% | $33 | 0.08% |
| Membership fees | 0.10% | $30 | 0.05% |
| Total combined fees | 1.37% | $411 | 0.85% |
Yearly returns
| Year ending | Fund return | Average for Aggressive funds |
|---|---|---|
| 31 March 2017 | 12.89% | 11.18% |
| 31 March 2018 | 2.56% | 6.93% |
| 31 March 2019 | 2.30% | 9.96% |
| 31 March 2020 | -14.91% | -6.59% |
| 31 March 2021 | 32.92% | 35.19% |
| 31 March 2022 | 13.23% | 3.36% |
| 31 March 2023 | -2.03% | -4.50% |
| 31 March 2024 | 12.82% | 16.43% |
| 31 March 2025 | 3.00% | 4.58% |
| 31 March 2026 | 9.55% | 12.72% |
Key personnel
| Name | Position | Time in role |
|---|---|---|
| Alister John Williams | Director - Smart | 10 years, 4 months |
| Craig Smith | Portfolio Manager, Fixed Interest - QuayStreet | 1 year, 11 months |
| Jon Raby | Director - Smart | 5 months |
| Roy Cross | Head of Australasian Equities - QuayStreet | 1 month |
| Stefan Stevanovic | Head of International Equities - QuayStreet | 3 years, 1 month |