Funds

NZ Funds New Zealand Property and Retirement Villages

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Issues of concern

The graph below shows the percentage of the fund invested in each of the worst issues of concern to New Zealanders. Below the graph are listed all the companies this fund invests in, by issue of concern.

This fund has no investments in issues of concern

Key:

  • Human Rights Violations
  • Environmental Harm
  • Animal Cruelty
  • Weapons
  • Fossil Fuels
  • Social Harm

Companies of concern

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.

About this fund

In their own words

The objective of the New Zealand Property and Retirement Villages fund is to mitigate the impact of inflation on your investment over the medium and/or long term with active management. The fund is anticipated to mainly own and trade New Zealand property and retirement village shares with downside mitigation.

Value $47.2M NZD
Period of data report 30th Sept. 2024
Fund started 17th March 2023
Total annual fund fees 3.25%
Total performance based fees 0.29%
Manager's basic fee 2.81%
Other management and administration charges 0.15%
Total other charges 0.0
Total other charges currency NZD

Key Personnel

John Cobb

Currently: Chair of the Investment Governance Committee and a Director (1 years, 10 months)
Previously: Chief Executive Officer, JBWere NZ (1 years, 11 months)

Michael Lang

Currently: Chief Executive and a Director (6 years, 0 months)
Previously: Chief Investment Officer, New Zealand Funds Management Limited (10 years, 1 months)

Mark Brooks

Currently: Chief Investment Officer and a Principal (0 years, 7 months)
Previously: Head of Income, New Zealand Funds Management Limited (16 years, 3 months)

Paul Van Wetering

Currently: Head of Investment Operations and Responsible Investing (4 years, 9 months)
Previously: Investment Analyst, New Zealand Funds Management Limited (6 years, 10 months)

Casey Keiper

Currently: Portfolio Manager and Head of Research (0 years, 3 months)
Previously: Senior Equity Analyst, New Zealand Funds Management Limited (1 years, 9 months)

This information has been sourced from the quarterly data that each fund has filed with Disclose register to 30th Sept. 2024.

Past Returns

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 12.57% 1.98%

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 30th Sept. 2024.

Top 10 Investments

  • Summerset Group Holdings Ltd
    New Zealand Australasian Equities
    12.3%
  • Goodman Property Trust
    New Zealand Listed Property
    11.59%
  • Precinct Properties Group
    New Zealand Australasian Equities
    11.54%
  • Ryman Healthcare Ltd
    New Zealand Australasian Equities
    10.95%
  • Arvida Group Ltd
    New Zealand Australasian Equities
    5.94%
  • Kiwi Property Group Ltd
    New Zealand Australasian Equities
    5.85%
  • Property For Industry Ltd
    New Zealand Listed Property
    5.66%
  • Stride Property Group
    New Zealand Listed Property
    3.0%
  • Vital Healthcare Property Trust
    New Zealand Australasian Equities
    2.88%
  • Investore Property Ltd
    New Zealand Listed Property
    2.88%
Type Target Actual
Cash and Cash Equivalents 2.0% 10.35%
New Zealand Fixed Interest 12.0% 0.0%
International Fixed Interest 13.0% 0.0%
Australasian Equities 30.0% 31.89%
International Equities 0.0% 0.0%
Listed Properties 40.0% 57.76%
Unlisted Properties 0.0% 0.0%
Other 3.0% 0.0%
Commodities 0.0% 0.0%

Investment Mix

How the money in this fund is invested against the fund's targets.

Target

Actual

This information has been sourced from the quarterly data that each fund has filed with Disclose register to 30th Sept. 2024.