The Property Fund provides diversified exposure to directly held commercial properties located in New Zealand. The objective of the Fund is to provide a diversified exposure to directly held commercial properties located in New Zealand. The Fund invests directly in a broad range of commercial properties and locations to generate income and capital gains and to limit and diversify risk. The Fund applies certain ethical investment criteria on the acquisition and management of properties.
| Value | $314M NZD |
| Period of data report | 31st Dec. 2024 |
| Fund started | 1st April 2020 |
| Total annual fund fees | 0.86% |
| Total performance based fees | 0.0% |
| Manager's basic fee | 0.75% |
| Other management and administration charges | 0.11% |
| Total other charges | 0.0 |
| Total other charges currency | NZD |
|
Matthew Goldsack |
Currently: General Manager Investments (4 years, 10 months)
|
|
Rachael Mcdonald |
Currently: Chief Executive (2 years, 4 months)
|
|
Garry Anderson |
Currently: Head of Property (0 years, 9 months)
|
|
Felicity Berry |
Currently: Property Asset Manager (8 years, 6 months)
|
|
Thomas Sneddon |
Currently: National Property Services Manager (8 years, 0 months)
|
This information has been sourced from the quarterly data that each fund has filed with Disclose register to 31st Dec. 2024.
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 |
|---|---|---|
| 2024 | 14.61% | -3.3% |
| 2023 | -4.85% | -5.2% |
| 2022 | 3.53% | 10.5% |
| 2021 | 35.55% | 13.0% |
| 2020 | -7.06% | 0.0% |
| 2019 | 10.17% | 0.0% |
| 2018 | 7.53% | 0.0% |
| 2017 | 9.49% | 0.0% |
| 2016 | 4.71% | 0.0% |
| 2015 | 14.67% | 0.0% |
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 Dec. 2024.
13 Quentin Drive, Hamilton
New Zealand Unlisted Property
Izone Drive, Rolleston
New Zealand Unlisted Property
105 Wiri Station Road, Auckland
New Zealand Unlisted Property
168 Roscommon Road, Auckland
New Zealand Unlisted Property
25 Taurikura Drive, Tauranga
New Zealand Unlisted Property
8 Eagle Way, Auckland
New Zealand Unlisted Property
104-140 Neilson St, Auckland
New Zealand Unlisted Property
9 Stonehill Drive, Auckland
New Zealand Unlisted Property
17 Chappie Place, Hornby
New Zealand Unlisted Property
439 East Tamaki Road, Auckland
New Zealand Unlisted Property
| Type | Target | Actual |
|---|---|---|
| Cash and Cash Equivalents | 0.0% | 1.21% |
| 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 | 0.0% | 0.0% |
| Unlisted Properties | 100.0% | 98.79% |
| 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 Dec. 2024.
This data is compiled by Mindful Money from the fund information and portfolios
that each
fund has
filed with the Disclose register to 30th Sept. 2024 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 Property Fund provides diversified exposure to directly held commercial properties located in New Zealand. The objective of the Fund is to provide a diversified exposure to directly held commercial properties located in New Zealand. The Fund invests directly in a broad range of commercial properties and locations to generate income and capital gains and to limit and diversify risk. The Fund applies certain ethical investment criteria on the acquisition and management of properties.
| Value | $314M NZD |
| Period of data report | 31st Dec. 2024 |
| Fund started | 1st April 2020 |
| Total annual fund fees | 0.86% |
| Total performance based fees | 0.0% |
| Manager's basic fee | 0.75% |
| Other management and administration charges | 0.11% |
| Total other charges | 0.0 |
| Total other charges currency | NZD |
|
Matthew Goldsack |
Currently: General Manager Investments (4 years, 10 months)
|
|
Rachael Mcdonald |
Currently: Chief Executive (2 years, 4 months)
|
|
Garry Anderson |
Currently: Head of Property (0 years, 9 months)
|
|
Felicity Berry |
Currently: Property Asset Manager (8 years, 6 months)
|
|
Thomas Sneddon |
Currently: National Property Services Manager (8 years, 0 months)
|
This information has been sourced from the quarterly data that each fund has filed with Disclose register to 31st Dec. 2024.
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 |
|---|---|---|
| 2024 | 14.61% | -3.3% |
| 2023 | -4.85% | -5.2% |
| 2022 | 3.53% | 10.5% |
| 2021 | 35.55% | 13.0% |
| 2020 | -7.06% | 0.0% |
| 2019 | 10.17% | 0.0% |
| 2018 | 7.53% | 0.0% |
| 2017 | 9.49% | 0.0% |
| 2016 | 4.71% | 0.0% |
| 2015 | 14.67% | 0.0% |
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 Dec. 2024.
13 Quentin Drive, Hamilton
New Zealand Unlisted Property
Izone Drive, Rolleston
New Zealand Unlisted Property
105 Wiri Station Road, Auckland
New Zealand Unlisted Property
168 Roscommon Road, Auckland
New Zealand Unlisted Property
25 Taurikura Drive, Tauranga
New Zealand Unlisted Property
8 Eagle Way, Auckland
New Zealand Unlisted Property
104-140 Neilson St, Auckland
New Zealand Unlisted Property
9 Stonehill Drive, Auckland
New Zealand Unlisted Property
17 Chappie Place, Hornby
New Zealand Unlisted Property
439 East Tamaki Road, Auckland
New Zealand Unlisted Property
| Type | Target | Actual |
|---|---|---|
| Cash and Cash Equivalents | 0.0% | 1.21% |
| 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 | 0.0% | 0.0% |
| Unlisted Properties | 100.0% | 98.79% |
| 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 Dec. 2024.
