Juno Growth Fund

In their own words: "The Fund invests primarily in international equities with a focus on globally-known brands, along with a cash exposure. Members would choose the Growth Fund if they have a longer-term investment horizon and are comfortable with investing."

At a glance:

Not Mindful
Type: Balanced fund
Past Returns: * -- %

Average annual returns over the past 3 years, after fees and taxes. *indicates less than three years of data.

Annual Fees: 0.33%

Annual fees, including membership and % management fee.

More information:

A summary of this fund and it's details.

Number FND10586
Name Juno Growth Fund
Risk profile Balanced fund
Description The Fund invests primarily in international equities with a focus on globally-known brands, along with a cash exposure. Members would choose the Growth Fund if they have a longer-term investment horizon and are comfortable with investing.
Value $84M NZD
Members 3,688
Market index description 10% NZBond Bank Bill Index (NZD)/10% Bloomberg Barclays Global Aggregate Total Return Index Value Unhedged (USD)/ 80% MSCI ACWI IMI Net Total Return Index (USD)
Disclosure Statement Period Tue Dec. 31st 2019
Fund started Wed Aug. 1st 2018
Three-year average return * -- %
Market index past year return 21.93%
Past year return net charges and tax 26.5%
Past year return net of charges gross of tax 27.58%
Market index return since fund started 6.77%
Return since fund started net 13.31%
Total annual fund fees 0.33%
Total performance based fees 0.0%
Manager's basic fee 0.33%
Administration charges 0.0%
Total other charges 0.0
Total other charges currency NZD

This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to 30 September 2019.

The past annual returns for this fund. Please note that higher past returns do not always mean higher future returns.

Year Market Average Fund Annual Return

The market index is the average NZ KiwiSaver return for funds of the same risk category, sourced from the Commission for Financial Capability's Sorted website. The fund information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to 30 September 2019.

Showing the top 10 investments for this fund:

  • Bank Of China Term Deposit
    New Zealand Cash and Equivalents
    5.95%
  • BNZ Call Account - NZD
    New Zealand Cash and Equivalents
    5.29%
  • Ishares Msci United Kingdom Small-Cap ETF
    United Kingdom International Equities
    3.68%
  • ASB Bank Term Deposit A/C
    New Zealand Cash and Equivalents
    3.33%
  • Alibaba Group Holding-Sp Adr
    United States International Equities
    3.09%
  • Bank Of China Term Deposit
    New Zealand Cash and Equivalents
    3.05%
  • Nab Call Account - AUD
    Australia Cash and Equivalents
    3.02%
  • Cybozu Inc
    Japan International Equities
    2.64%
  • Bank Of China Term Deposit
    New Zealand Cash and Equivalents
    2.62%
  • Grifols Sa
    Spain International Equities
    2.46%

This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to 30 September 2019.

How the money in this fund is invested against the fund's targets.

Target

Actual


Type Target Actual
Cash and Cash Equivalents 10.0% 26.27%
New Zealand Fixed Interest 0.0% 0.0%
International Fixed Interest 10.0% 0.0%
Australasian Equities 0.0% 5.74%
International Equities 80.0% 67.45%
Listed Properties 0.0% 0.0%
Unlisted Properties 0.0% 0.0%
Unknown None% 0.0%
Other 0.0% 0.54%
Commodities 0.0% 0.0%

This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to 30 September 2019.

Key Personnel

  • Bianca Fledderus

    Currently: Investment Analyst/Co-Portfolio Manager (2 years, 0 months)
    Previously: Assistant Investment Analyst and Dealer (0 years, 5 months)

  • Mark Devcich

    Currently: Chief Investment Officer (0 years, 9 months)
    Previously: Head of Research and Portfolio Manager (7 years, 6 months)

  • Michael Taylor

    Currently: Executive Director and CEO (12 years, 6 months)
    Previously: Manager at BOS International (2 years, 0 months)

  • Paul Gregory

    Currently: Group Head of Investments (2 years, 1 months)
    Previously: Director, External Communications and Investor Capability at Financial Markets Authority (2 years, 1 months)

  • Roy Knill

    Currently: Independent Non-Executive Director (6 years, 9 months)
    Previously: Director at Albert St Medical Ltd (16 years, 10 months)

  • Victoria Harris

    Currently: Senior Investment Analyst and Portfolio Manager (2 years, 8 months)
    Previously: Co-Portfolio Manager at Milford Asset Management (5 years, 10 months)

This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to 30 September 2019.

Does this fund have a policy to exclude any industries from its investments? The first column shows if the fund has a policy to exclude the issue. The second column shows if there are any current investments (source: Mindful Money research).

The Fund may have investments that are not consistent with their exclusions policy because they are still in the process of implementing their policy.

  • Issue of concern
    Is it excluded?
    Portfolio analysis
  • Adult Entertainment/Pornography:
    0.00%
  • Alcohol:
    0.00%
  • Animal Testing:
    0.00%
  • Fossil Fuels:
    0.84%
  • Gambling:
    0.00%
  • GMOs:
    0.00%
  • Human Rights & Environmental Violations:
    0.00%
  • Palm Oil:
    0.00%
  • Tobacco:
    0.00%
  • Weapons:
    0.00%

This data is compiled by Mindful Money from the fund information and portfolios that each KiwiSaver fund has filed with the Disclose register to 30 September 2019 and Mindful Money analysis of funds within those portfolios. The list of companies of concern has been drawn from ratings agencies and public sources, including the Norwegian Sovereign Fund, NZ Super Fund and research organisations.

Note that the fund’s intended exclusions may not be consistent with the analysis of the portfolio because of timing issues or because there are companies of concern in indirect investments by the fund.

Note that many KiwiSaver funds exclude controversial weapons. However, the category of Weapons used in this analysis is broader in scope, covering all munitions, firearms and military weapons

Specific companies invested in:

Fossil Fuel

Universal Coal Plc 0.84%

Download the fund's disclosure statement and portfolio holdings.

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You should be prudent about your investment.

Investing involves risk. The value of investments can go down, as well as going up. You might lose some of your capital investment. Past returns are not a guide to future returns. The information provided on this website is not a recommendation to buy, sell or hold any financial products. Nothing on this page is financial advice for the purposes of the Financial Advisers Act 2008 and any associated regulations.

Before investing, consider your investment aims, your values and your risk preferences. You should read the Product Disclosure Statement for the investment fund carefully. It contains the fund’s investment objectives, risks, fees and other information which you should know before investing. This website has a list of the advisers that are registered with the Responsible Investment Association of Australasia. You should contact an investment adviser before investing if you have questions or if you are unclear about the implications of your investment decision.