The Fund targets a portfolio of shares of New Zealand and Australian property trusts, companies and other property-related securities. The Fund may also, at our discretion short sell securities, hold cash, lever its assets and utilise active currency management to generate returns (although generally will be fully hedged). The investment objective is to outperform the S&P/NZX All Real Estate (Industry Group) Gross Index on a rolling three year basis.
| Value | $18.8M NZD |
| Period of data report | 31st March 2025 |
| Fund started | 11th Nov. 2014 |
| Total annual fund fees | 1.02% |
| Total performance based fees | 0.0% |
| Manager's basic fee | 0.87% |
| Other management and administration charges | 0.15% |
| Total other charges | 0.0 |
| Total other charges currency | NZD |
|
Matthew Goodson |
Currently: Managing Director (11 years, 10 months)
|
|
Paul Harrison |
Currently: Managing Director (11 years, 10 months)
|
|
Paul Turnbull |
Currently: Chief Investment Officer (5 years, 10 months)
|
|
Greg Fleming |
Currently: Head of Global Diversified Funds (4 years, 0 months)
|
|
Bevan Graham |
Currently: Economist (4 years, 1 months)
|
This information has been sourced from the quarterly data that each fund has filed with Disclose register to 31st March 2025.
Past annual returns for this fund are after fees and taxes. Please note that higher past returns do not always mean higher future returns.
| Year | Market Average | Fund Annual Return |
|---|---|---|
| 2025 | 4.07% | -5.65% |
| 2024 | 15.78% | 3.28% |
| 2023 | -4.85% | -14.49% |
| 2022 | 3.53% | 2.78% |
| 2021 | 35.55% | 30.74% |
| 2020 | -7.06% | -3.35% |
| 2019 | 10.17% | 20.46% |
| 2018 | 7.53% | 8.53% |
| 2017 | 9.49% | 1.3% |
| 2016 | 4.71% | 15.3% |
The market average is the average 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 fund has filed with Disclose register to 31st March 2025.
Goodman Property Trust
New Zealand Listed Property
Precinct Properties NZ Ltd
New Zealand Listed Property
Kiwi Property Group Ltd
New Zealand Australasian Equities
Property For Industry Ltd
New Zealand Listed Property
Argosy Property Trust
New Zealand Listed Property
Vital Healthcare Property Trust
New Zealand Listed Property
Stride Property Ltd and Stride Invest Mgmt Ltd
New Zealand Listed Property
Gdi Property Group
Australia Australasian Equities
Investore Property Limited
New Zealand Listed Property
Asset Plus Ltd
New Zealand Listed Property
| Type | Target | Actual |
|---|---|---|
| Cash and Cash Equivalents | 5.0% | 2.02% |
| New Zealand Fixed Interest | 0.0% | 0.0% |
| International Fixed Interest | 0.0% | 0.0% |
| Australasian Equities | 0.0% | 0.0% |
| International Equities | 0.0% | 0.0% |
| Listed Properties | 95.0% | 97.98% |
| Unlisted Properties | 0.0% | 0.0% |
| Other | 0.0% | 0.0% |
| Commodities | 0.0% | 0.0% |
How the money in this fund is invested by asset type.
This information has been sourced from the quarterly data that each fund has filed with Disclose register to 31st March 2025.
This data is compiled by Mindful Money from the fund information and portfolios
that each
fund has
filed with the Disclose register to 31st March 2025 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, Sustainalytics and research organisations.
Please note that companies may breach more than one of these areas of
concern.
The listing of companies of concern is based on definitions used in Mindful Money's
methodology. These definitions may
be different from the exclusions policy and definitions applied by the fund provider.
Mindful Money uses the term Mindful Funds as our standard
for ethical investment and responsible investment. This does not imply that
other funds are unethical or that the fund providers that do not meet these
standards are unethical providers.
The Fund targets a portfolio of shares of New Zealand and Australian property trusts, companies and other property-related securities. The Fund may also, at our discretion short sell securities, hold cash, lever its assets and utilise active currency management to generate returns (although generally will be fully hedged). The investment objective is to outperform the S&P/NZX All Real Estate (Industry Group) Gross Index on a rolling three year basis.
| Value | $18.8M NZD |
| Period of data report | 31st March 2025 |
| Fund started | 11th Nov. 2014 |
| Total annual fund fees | 1.02% |
| Total performance based fees | 0.0% |
| Manager's basic fee | 0.87% |
| Other management and administration charges | 0.15% |
| Total other charges | 0.0 |
| Total other charges currency | NZD |
|
Matthew Goodson |
Currently: Managing Director (11 years, 10 months)
|
|
Paul Harrison |
Currently: Managing Director (11 years, 10 months)
|
|
Paul Turnbull |
Currently: Chief Investment Officer (5 years, 10 months)
|
|
Greg Fleming |
Currently: Head of Global Diversified Funds (4 years, 0 months)
|
|
Bevan Graham |
Currently: Economist (4 years, 1 months)
|
This information has been sourced from the quarterly data that each fund has filed with Disclose register to 31st March 2025.
Past annual returns for this fund are after fees and taxes. Please note that higher past returns do not always mean higher future returns.
| Year | Market Average | Fund Annual Return |
|---|---|---|
| 2025 | 4.07% | -5.65% |
| 2024 | 15.78% | 3.28% |
| 2023 | -4.85% | -14.49% |
| 2022 | 3.53% | 2.78% |
| 2021 | 35.55% | 30.74% |
| 2020 | -7.06% | -3.35% |
| 2019 | 10.17% | 20.46% |
| 2018 | 7.53% | 8.53% |
| 2017 | 9.49% | 1.3% |
| 2016 | 4.71% | 15.3% |
The market average is the average 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 fund has filed with Disclose register to 31st March 2025.
Goodman Property Trust
New Zealand Listed Property
Precinct Properties NZ Ltd
New Zealand Listed Property
Kiwi Property Group Ltd
New Zealand Australasian Equities
Property For Industry Ltd
New Zealand Listed Property
Argosy Property Trust
New Zealand Listed Property
Vital Healthcare Property Trust
New Zealand Listed Property
Stride Property Ltd and Stride Invest Mgmt Ltd
New Zealand Listed Property
Gdi Property Group
Australia Australasian Equities
Investore Property Limited
New Zealand Listed Property
Asset Plus Ltd
New Zealand Listed Property
| Type | Target | Actual |
|---|---|---|
| Cash and Cash Equivalents | 5.0% | 2.02% |
| New Zealand Fixed Interest | 0.0% | 0.0% |
| International Fixed Interest | 0.0% | 0.0% |
| Australasian Equities | 0.0% | 0.0% |
| International Equities | 0.0% | 0.0% |
| Listed Properties | 95.0% | 97.98% |
| Unlisted Properties | 0.0% | 0.0% |
| Other | 0.0% | 0.0% |
| Commodities | 0.0% | 0.0% |
How the money in this fund is invested by asset type.
This information has been sourced from the quarterly data that each fund has filed with Disclose register to 31st March 2025.
