Generate Australasian Managed Fund

From the Fund Provider

• About this fund

  About this Fund

  Fund type: Aggressive fund

  Past Returns: *11.67%

  Average returns since the fund began, after fees and taxes. This fund does not yet have 3 years of data.

  
  Annual Fees: 1.29%

  Annual fees, including management and administration fees, but not membership fee. Please note that lower fees don’t always mean higher net returns.

  In their own words

  The Australasian Managed Fund aims to provide a higher return over the long term. It invests in an actively managed portfolio of growth assets located predominately in New Zealand and Australia with a very minor allocation of income assets. Volatility is likely to be high. Returns will vary and may be low or negative at times.
  
  Generate is an award-winning KiwiSaver and wealth provider with a track record of strong, long-term performance through responsible investment. Generate was awarded both Investor Choice and Adviser Choice Awards at the Research IP Funds Manager of the year awards 2022 and also received a Consumer NZ People’s Choice Award for KiwiSaver.

  Value	$222k NZD
  Period of data report	31st Dec. 2024
  Fund started	3rd July 2023
  Total annual fund fees	1.29%
  Total performance based fees	0.0%
  Manager's basic fee	1.26%
  Other management and administration charges	0.03%
  Total other charges	0.0
  Total other charges currency	NZD

  Key Personnel

  Sam Goldwater	Currently: Chief Investment Officer/Investment Committee Member/Executive Director (11 years, 9 months) Previously: Led the investment management of a sizeable portfolio of family assets (7 years, 5 months)
  Daniel Frost	Currently: Portolio Manager - Property & Infrastructure, Australasian Equities (6 years, 11 months) Previously: Senior Analyst, Macquarie Bank (5 years, 4 months)
  Andrew Bolland	Currently: Portolio Manager - Property & Infrastructure, Australasian Equities (5 years, 6 months) Previously: Senior Analyst/Associate Portfolio Manager, Salt Funds Management (6 years, 2 months)
  Ayrton Oliver	Currently: Portfolio Manager - Fixed Income (3 years, 9 months) Previously: Vice President, JP Morgan Chief Investment Office, International Rates and FX Portfolio Management (7 years, 0 months)
  Nathan Field	Currently: Portfolio Manager - Global Equities (1 years, 10 months) Previously: Portfolio Manager, Global Thematic Fund, Kiwi Wealth (13 years, 0 months)

  This information has been sourced from the quarterly data that each fund has filed with Disclose register to 31st Dec. 2024.

  • Product Disclosure Statement v
  • Statement of Investment Policy & Objectives v
  • Responsible investing v
  • Portfolio Holdings v

• Past Returns

  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

  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.

• Investments

  Top 10 Investments

  • Fisher & Paykel Healthcare Ltd

    New Zealand Australasian Equities

    12.04%

  • Infratil

    New Zealand Australasian Equities

    10.46%

  • Contact Energy

    New Zealand Australasian Equities

    7.18%

  • Auckland International Airport Ltd

    New Zealand Australasian Equities

    6.55%

  • Spark

    New Zealand Australasian Equities

    5.9%

  • Precinct Properties NZ

    New Zealand Listed Property

    3.75%

  • Chorus

    New Zealand Australasian Equities

    3.75%

  • Ebos Group

    New Zealand Australasian Equities

    3.59%

  • Goodman Property Trust

    New Zealand Listed Property

    3.48%

  • Meridian Energy

    New Zealand Australasian Equities

    3.44%

  Type	Target	Actual
  Cash and Cash Equivalents	2.0%	3.29%
  New Zealand Fixed Interest	0.0%	0.0%
  International Fixed Interest	0.0%	0.0%
  Australasian Equities	49.0%	74.97%
  International Equities	0.0%	0.0%
  Listed Properties	49.0%	20.9%
  Unlisted Properties	0.0%	0.84%
  Other	0.0%	0.0%
  Commodities	0.0%	0.0%

  Investment Mix

  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.