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:

Not Mindful
Type: Balanced fund
Past Returns: *6.89%

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

Annual Fees: 1.19%

Annual fees, including membership and % management fee, assuming $10,000 investment.

More information:

A summary of this fund and it's details.

Number FND7911
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.
Value $2.0M NZD
Members 55
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
Administration charges 0.13
Total other charges 36.0
Total other charges currency NZD

This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to 31 March 2019.

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
2019 5.68% 6.89%

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 NA
    3.88%
  • Bayfair Mall
    New Zealand Unlisted Property NA
    2.48%
  • Tax Traders Limited 21/06/2019 20/06/2019
    New Zealand Cash and Equivalents NA
    1.38%
  • A2 Milk Company Ltd.
    New Zealand Australasian Equities NA
    1.33%
  • Government Of New Zealand 4.5% 15-Apr-2027
    New Zealand NZ Fixed Interest AAA
    1.24%
  • Fisher & Paykel Healthcare Corporation Limited
    New Zealand Australasian Equities NA
    1.22%
  • Government Of New Zealand 3.5% 14-Apr-2033
    New Zealand NZ Fixed Interest AAA
    1.21%
  • Government Of New Zealand 2.0% 20-Sep-2025
    New Zealand NZ Fixed Interest AAA
    1.2%
  • Government Of New Zealand 2.75% 15-Apr-2037
    New Zealand NZ Fixed Interest AAA
    1.15%
  • Government Of New Zealand 2.5% 20-Sep-2040
    New Zealand NZ Fixed Interest AA+
    1.08%

This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to 31 March 2019.

How the money in this fund is invested.

Type Target Actual
Cash and Cash Equivalents 13.0% 11.25%
New Zealand Fixed Interest 13.0% 32.46%
International Fixed Interest 24.0% 10.8%
Australasian Equities 15.0% 16.91%
International Equities 25.0% 22.64%
Listed Properties 5.0% 0.8%
Unlisted Properties 5.0% 5.14%
Unknown None% 0.0%
Other 0.0% 0.0%
Commodities 0.0% 0.0%

This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to 31 March 2019.

Key Personnel

  • Ashley Gardyne

    Currently: Senior Portfolio Manager, International Equities (2 years, 11 months)
    Previously: Senior Investment Analyst, International Equities, Fisher Funds Management Limited (2 years, 11 months)

  • David Mcleish

    Currently: Senior Portfolio Manager, Fixed Interest (8 years, 0 months)
    Previously: Executive Director, Goldman Sachs International, London (3 years, 0 months)

  • Frank Jasper

    Currently: Chief Investment Officer (1 years, 8 months)
    Previously: Director, Fisher Funds Management Limited (12 years, 4 months)

  • Mark Brighouse

    Currently: Chief Investment Strategist (1 years, 8 months)
    Previously: Chief Investment Officer, Fisher Funds Management Limited (5 years, 9 months)

  • Sam Dickie

    Currently: Senior Portfolio Manager, NZ Equities (2 years, 1 months)
    Previously: Portfolio Manager, Moore Capital Asia Limited (5 years, 10 months)

This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to 31 March 2019.

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.

  • Adult Entertainment/Pornography:
    0.00%
  • Alcohol:
    0.49%
  • Animal Testing:
    1.14%
  • Fossil Fuels:
    0.92%
  • Gambling:
    0.16%
  • GMOs:
    0.07%
  • Human Rights & Environmental Violations:
    0.65%
  • Palm Oil:
    0.00%
  • Tobacco:
    0.00%
  • Weapons:
    0.56%

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?

  • Adult Entertainment/Pornography:
  • Alcohol:
  • Animal Testing:
  • Fossil Fuels:
  • Gambling:
  • GMOs:
  • Human Rights & Environmental Violations:
  • Palm Oil:
  • Tobacco:
  • Weapons:

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.

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