Fisher Funds KiwiSaver Scheme
Fisher Funds GlidePath Age 60
In their own words: "GlidePath age 60 is a representation of the GlidePath life cycle. This investment option invests 43% in the Growth Fund and 57% in the Conservative Fund."
At a glance:
Average annual returns over the past 3 years, after fees and taxes. *indicates less than three years of data.
Annual fees, including membership and % management fee, assuming $10,000 investment.
A summary of this fund and it's details.
|Name||Fisher Funds GlidePath Age 60|
|Risk profile||Balanced fund|
|Description||GlidePath age 60 is a representation of the GlidePath life cycle. This investment option invests 43% in the Growth Fund and 57% in the Conservative Fund.|
|Market index description||The market index return is made up of 43% Growth Fund market index return and 57% Conservative Fund market index return|
|Disclosure Statement Period||Sun March 31st 2019|
|Fund started||Tue Oct. 31st 2017|
|Three-year average return||*6.89%|
|Market index past year return||8.69%|
|Past year return net charges and tax||6.89|
|Past year return net of charges gross of tax||8.01|
|Market index return since fund started||7.63%|
|Return since fund started net||5.36%|
|Total annual fund fees||1.19|
|Total performance based fees||0.17|
|Manager's basic fee||0.89|
|Total other charges||36.0|
|Total other charges currency||NZD|
The past annual returns for this fund. Please note that higher past returns do not always mean higher future returns.
|Year||Market Index||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 31 March 2019.
Showing the top 10 investments for this fund:
ANZ 10 A/C - Current Accounts 28/03/2019
New Zealand Cash and Equivalents NA3.88%
New Zealand Unlisted Property NA2.48%
Tax Traders Limited 21/06/2019 20/06/2019
New Zealand Cash and Equivalents NA1.38%
A2 Milk Company Ltd.
New Zealand Australasian Equities NA1.33%
Government Of New Zealand 4.5% 15-Apr-2027
New Zealand NZ Fixed Interest AAA1.24%
Fisher & Paykel Healthcare Corporation Limited
New Zealand Australasian Equities NA1.22%
Government Of New Zealand 3.5% 14-Apr-2033
New Zealand NZ Fixed Interest AAA1.21%
Government Of New Zealand 2.0% 20-Sep-2025
New Zealand NZ Fixed Interest AAA1.2%
Government Of New Zealand 2.75% 15-Apr-2037
New Zealand NZ Fixed Interest AAA1.15%
Government Of New Zealand 2.5% 20-Sep-2040
New Zealand NZ Fixed Interest AA+1.08%
How the money in this fund is invested.
|Cash and Cash Equivalents||13.0%||11.25%|
|New Zealand Fixed Interest||13.0%||32.46%|
|International Fixed Interest||24.0%||10.8%|
Currently: Senior Portfolio Manager, International Equities (2 years, 11 months)
Previously: Senior Investment Analyst, International Equities, Fisher Funds Management Limited (2 years, 11 months)
Currently: Senior Portfolio Manager, Fixed Interest (8 years, 0 months)
Previously: Executive Director, Goldman Sachs International, London (3 years, 0 months)
Currently: Chief Investment Officer (1 years, 8 months)
Previously: Director, Fisher Funds Management Limited (12 years, 4 months)
Currently: Chief Investment Strategist (1 years, 8 months)
Previously: Chief Investment Officer, Fisher Funds Management Limited (5 years, 9 months)
Currently: Senior Portfolio Manager, NZ Equities (2 years, 1 months)
Previously: Portfolio Manager, Moore Capital Asia Limited (5 years, 10 months)
The known proportion of this fund invested in the areas of concern that we track. The Fund may have investments that are not consistent with their exclusions policy because of timing issues or because there are companies of concern in indirect investments.
Human Rights & Environmental Violations:0.65%
This data has been compiled by Mindful Money from the portfolios that each KiwiSaver fund has filed with the Disclose register to 31 March 2019 and Mindful Money analysis of funds within those portfolio. 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.
Does this fund have a policy to exclude any industries from its investments?
Human Rights & Environmental Violations:
This data is compiled from Mindful Money analysis of Fund websites. 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.
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.
Download the fund's disclosure statement and portfolio holdings.
This information has been sourced from the six monthly data that each KiwiSaver fund has filed with Disclose register to 31 March 2019.