Smartshares Limited
Quaystreet International Equity Fund
Quaystreet KiwiSaver SchemeAggressive
What the provider says about this fund
The QuayStreet International Equity Fund invests in a portfolio of shares from the international market, diversifying investors away from the New Zealand dollar. The investment objective is to provide a level of return above the fund’s benchmark over the long term.
1-year return
16.73%
5-year return p.a.
13.72%
Total annual fee
1.27%
Fund size ($m)
36.9
Members
649
Inception date
31 October 2009
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
97.30%
Income assets
2.70%
| Asset class | Actual | Target | Average for Aggressive funds |
|---|---|---|---|
| Australasian shares | 1.39% | 0.00% | 28.28% |
| Cash and equivalents | 2.69% | 0.00% | 1.31% |
| Commodities | 0.00% | 0.00% | 0.09% |
| International bonds | 0.00% | 0.00% | 0.17% |
| International shares | 95.91% | 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 | Alphabet | Shares | International Equities | US | 6.12% |
| 2 | NVIDIA | Shares | International Equities | US | 4.97% |
| 3 | Apple | Shares | International Equities | US | 4.18% |
| 4 | Microsoft | Shares | International Equities | US | 3.56% |
| 5 | Amazon.Com | Shares | International Equities | US | 2.31% |
| 6 | Broadcom | Shares | International Equities | US | 2.28% |
| 7 | Meta Platforms | Shares | International Equities | US | 2.13% |
| 8 | Mitsui & Co | Shares | International Equities | JP | 2.06% |
| 9 | Johnson & Johnson | Shares | International Equities | US | 1.79% |
| 10 | Goldman Sachs | Shares | International Equities | US | 1.78% |
Fees
1.27% total annual fee
| Fee type | Fee | Cost per year on a $30,000 balance | Average for Aggressive funds |
|---|---|---|---|
| Management fees | 1.09% | $327 | 0.71% |
| Other fees | 0.08% | $24 | 0.08% |
| Membership fees | 0.10% | $30 | 0.05% |
| Total combined fees | 1.27% | $381 | 0.85% |
Yearly returns
| Year ending | Fund return | Average for Aggressive funds |
|---|---|---|
| 31 March 2017 | 9.59% | 11.18% |
| 31 March 2018 | 6.91% | 6.93% |
| 31 March 2019 | 6.31% | 9.96% |
| 31 March 2020 | 3.17% | -6.59% |
| 31 March 2021 | 20.74% | 35.19% |
| 31 March 2022 | 9.31% | 3.36% |
| 31 March 2023 | 2.84% | -4.50% |
| 31 March 2024 | 29.85% | 16.43% |
| 31 March 2025 | 11.63% | 4.58% |
| 31 March 2026 | 16.73% | 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 |