QuayStreet Growth Fund

In their own words: "A diversified mix of growth assets, targeting a return above the Fund’s benchmark return."

At a glance:

Not Mindful
Type: Growth fund
Past Returns: 6.42%

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

Annual Fees: 1.29%

Annual fees, including membership and % management fee.

More information:

A summary of this fund and it's details.

Number FND826
Name QuayStreet Growth Fund
Risk profile Growth fund
Description A diversified mix of growth assets, targeting a return above the Fund’s benchmark return.
Value $82M NZD
Members 3,533
Market index description Market Index weighted 55% MSCI World Index (NZD), 12.5% S&P/NZX 50 Index, 12.5% S&P/ASX 200 Index, 15% S&P/NZX Investment Grade Corporate Bond Index and 5% NZX 90 day Bank Bill Index.
Disclosure Statement Period Tue Dec. 31st 2019
Fund started Tue Oct. 23rd 2007
Three-year average return 6.42%
Market index past year return 22.21%
Past year return net charges and tax 15.42%
Past year return net of charges gross of tax 17.31%
Market index return since fund started 9.21%
Return since fund started net 6.33%
Total annual fund fees 1.29%
Total performance based fees 0.0%
Manager's basic fee 1.17%
Administration charges 0.12%
Total other charges 40.04
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
2019 6.87% 4.91%
2018 7.63% 6.88%
2017 8.87% 7.48%
2016 3.62% 4.62%
2015 13.73% 11.34%
2014 8.43% 3.53%
2013 12.00% 12.04%
2012 -1.50% -3.38%
2011 6.13% 5.93%
2010 23.64% 14.11%

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:

  • Ishares Core S&P 500 ETF
    United States International Equities
    23.31%
  • Msci Eafe Incl Canada Trs
    United States International Equities
    16.8%
  • Cash ANZNZ (NZD)
    New Zealand Cash and Equivalents
    12.24%
  • Cash Citibank (USD)
    New Zealand Cash and Equivalents
    5.25%
  • ANZ New Zealand Term Deposit 2.14% 24/04/2020
    New Zealand Cash and Equivalents
    4.88%
  • Cash Westpac NZ (NZD)
    New Zealand Cash and Equivalents
    4.16%
  • ASB Term Deposit 2.32% 24/7/2020
    New Zealand Cash and Equivalents
    3.65%
  • A2 Milk Company
    New Zealand Australasian Equities
    2.03%
  • Fisher & Paykel Healthcare
    New Zealand Australasian Equities
    1.44%
  • Cash Db Margin (USD)
    Germany Cash and Equivalents
    1.4%

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 5.0% 20.27%
New Zealand Fixed Interest 15.0% 8.05%
International Fixed Interest 0.0% 3.6%
Australasian Equities 25.0% 19.45%
International Equities 55.0% 47.99%
Listed Properties 0.0% 0.64%
Unlisted Properties 0.0% 0.0%
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 30 September 2019.

Key Personnel

  • Andrew South

    Currently: Investment Manager Australasian Equities (5 years, 6 months)
    Previously: Chief Investment Officer, Brook Asset Management Limited (4 years, 1 months)

  • James Ring

    Currently: Investment Manager International Equities (5 years, 6 months)
    Previously: Investment Manager, Rank Group Limited (1 years, 0 months)

  • Roy Cross

    Currently: Senior Analyst (5 years, 6 months)
    Previously: Senior Analyst, Brook Asset Management Limited (8 years, 7 months)

  • Stefan Stevanovic

    Currently: Senior Analyst (5 years, 6 months)
    Previously: Research Analyst, Brook Asset Management Limited (6 years, 7 months)

  • Xavier Waterstone

    Currently: Senior Analyst (1 years, 4 months)
    Previously: Senior Analyst, Diogenes Research Pty Limited (1 years, 6 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:
    0.33%
  • Animal Testing:
    2.07%
  • Fossil Fuels:
    3.12%
  • Gambling:
    0.66%
  • GMOs:
    0.26%
  • Human Rights & Environmental Violations:
    1.34%
  • Palm Oil:
    0.00%
  • Tobacco:
    0.21%
  • Weapons:
    0.79%

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

Santos 0.70%
BHP Billiton Ltd 0.39%
South32 0.32%
Apt Pipelines (March 2025) 0.11%
Whitehaven Coal 0.06%
Apt Pipelines (Oct 2022) 0.05%
Caltex Australia 0.05%
Exxon Mobil Corp 0.28%
Chevron Corp 0.23%
Nextera Energy Inc 0.11%
Dominion Energy Inc 0.07%
Conocophillips 0.06%
Phillips 0.05%
Marathon Petroleum Corp 0.04%
Eog Resources Inc 0.04%
Valero Energy Corp 0.04%
Kinder Morgan Inc 0.04%
Occidental Petroleum Corp 0.03%
Oneok Inc 0.03%
Williams Inc 0.03%
Lyondellbasell Industries Nv Class 0.03%
Pioneer Natural Resource 0.02%
Hess Corp 0.02%
Concho Resources Inc 0.02%
Diamondback Energy Inc 0.01%
Noble Energy Inc 0.01%
Marathon Oil Corp 0.01%
Reliance Industries Ltd 0.17%
Bharat Petroleum Ltd 0.01%
Vedanta Ltd 0.01%
Indian Oil Corp Ltd 0.01%

Weapons

Boeing 0.19%
Honeywell International Inc 0.13%
United Technologies Corp 0.12%
Lockheed Martin Corp 0.10%
Raytheon 0.06%
Northrop Grumman Corp 0.06%
General Dynamics Corp 0.04%
Transdigm Group Inc 0.03%
Jacobs Engineering Group Inc 0.01%
Leidos Holdings Inc 0.01%
Textron Inc 0.01%
Huntington Ingalls Industries Inc 0.01%
Larsen and Toubro Ltd 0.03%

Tobacco

Philip Morris International Inc 0.12%
Altria Group Inc 0.08%

Gambling

Aristocrat Leisure 0.54%
Crown Resorts 0.07%
Las Vegas Sands Corp 0.02%
Mgm Resorts International 0.02%
Wynn Resorts Ltd 0.01%

Alcohol

Delegat'S Group 0.12%
Graincorp 0.06%
Altria Group Inc 0.09%
Constellation Brands Inc Class A 0.03%
Brown Forman Corp Class B 0.01%
Molson Coors Brewing Class B 0.01%

GMOs

Nutrien Ltd 0.21%
Dupont De Nemours Inc 0.05%

Human Rights & Environmental Violations

BHP Billiton Ltd 0.39%
Nutrien Ltd 0.21%
Johnson & Johnson 0.34%
Chevron Corp 0.23%
Duke Energy Corp 0.06%
Sempra Energy 0.04%
Archer Daniels Midland 0.02%
Freeport Mcmoran Inc 0.02%
Nestle India Ltd 0.01%

Animal Testing

Johnson & Johnson 0.338%
Procter & Gamble 0.295%
Chevron Corp 0.227%
Coca-Cola 0.199%
Pepsico Inc 0.181%
Philip Morris International Inc 0.126%
Honeywell International Inc 0.126%
Altria Group Inc 0.086%
Colgate-Palmolive 0.055%
Air Products and Chemicals Inc 0.050%
Ecolab Inc 0.048%
Kimberly Clark Corp 0.045%
Estee Lauder Inc Class A 0.040%
General Mills Inc 0.030%
Ppg Industries Inc 0.030%
Archer Daniels Midland 0.023%
Kraft Heinz 0.018%
Clorox 0.018%
Church and Dwight Inc 0.015%
International Flavors & Fragrances 0.015%
Fmc Corp 0.013%
Hindustan Unilever Ltd 0.056%
Nestle India Ltd 0.014%

Download the fund's disclosure statement and portfolio holdings.

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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.