Funds

Octagon Listed Property Fund

Companies of Concern

From the Fund Provider

  • About this fund

    About this Fund

    The Listed Property Fund mostly invests in listed financial products issued by entities whose principal business involves the owning or managing of property, property-like assets or real assets. It aims to achieve long-term returns (before fees, taxes and other expenses) greater than the S&P/NZX All Real Estate Gross with Imputation Index.

    Value $58.1M NZD
    Period of data report 31st March 2025
    Fund started 26th June 2008
    Total annual fund fees 1.17%
    Total performance based fees 0.0%
    Manager's basic fee 1.17%
    Other management and administration charges 0.0%
    Total other charges 0.0
    Total other charges currency NZD

    Paul Robertshawe

    Currently: Chief Investment Officer, Octagon Asset Management Limited (3 years, 4 months)
    Previously: Portfolio Manager, Forsyth Barr Limited (0 years, 8 months)

    Craig Alexander

    Currently: Head of Fixed Interest and ESG, Octagon Asset Management Limited (3 years, 4 months)
    Previously: Co-Head of Funds Management, Forsyth Barr Limited (8 years, 5 months)

    Jason Lindsay

    Currently: Head of Equities, Octagon Asset Management Limited (3 years, 4 months)
    Previously: Co-Head of Funds Management, Forsyth Barr Limited (2 years, 2 months)

    Neil Paviour-Smith

    Currently: Director, Forsyth Barr Investment Management Limited (17 years, 1 months)
    Previously: Managing Director at Forsyth Barr Investment Management Limited (current) (24 years, 3 months)

    Christine Smith-Han

    Currently: Equity and Strategy Analyst, Octagon Asset Management Limited (3 years, 4 months)
    Previously: Portfolio Analyst, Forsyth Barr Limited (4 years, 10 months)

    This information has been sourced from the quarterly data that each fund has filed with Disclose register to 31st March 2025.

  • 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
    2025 4.07% -8.14%
    2024 15.78% 3.71%
    2023 -4.85% -16.01%
    2022 3.53% 2.05%
    2021 35.55% 29.94%
    2020 -7.06% -6.05%
    2019 10.17% 16.88%
    2018 7.53% 4.86%
    2017 9.49% 1.53%
    2016 4.71% 14.02%

    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.

  • Investments

    Top 10 Investments

    • Precinct Properties New Zealand Limited

      New Zealand Listed Property

      18.47%
    • Goodman Property Trust

      New Zealand Listed Property

      17.69%
    • Kiwi Property Group Limited

      New Zealand Listed Property

      14.05%
    • Argosy Property Limited

      New Zealand Listed Property

      8.32%
    • Vital Healthcare Property Trust

      New Zealand Listed Property

      7.94%
    • Stride Property Group

      New Zealand Listed Property

      7.48%
    • Property For Industry Limited

      New Zealand Listed Property

      7.47%
    • New Zealand Rural Land Company

      New Zealand Listed Property

      2.73%
    • Investore Property Limited

      New Zealand Listed Property

      2.69%
    • Summerset Group Holdings Limited

      New Zealand Australasian Equities

      1.61%
    Type Target Actual
    Cash and Cash Equivalents 5.0% 1.5%
    New Zealand Fixed Interest 0.0% 0.0%
    International Fixed Interest 0.0% 0.0%
    Australasian Equities 20.0% 5.92%
    International Equities 5.0% 0.0%
    Listed Properties 70.0% 92.59%
    Unlisted Properties 0.0% 0.0%
    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 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.

Issues of Concern

  • 0.0% Animal Cruelty
  • 0.0% Human Rights Violations
  • 0.0% Social Harm
  • 0.0% Fossil Fuels
  • 0.0% Weapons
  • 0.0% Environmental Harm

Companies of Concern

About this Fund

The Listed Property Fund mostly invests in listed financial products issued by entities whose principal business involves the owning or managing of property, property-like assets or real assets. It aims to achieve long-term returns (before fees, taxes and other expenses) greater than the S&P/NZX All Real Estate Gross with Imputation Index.

Value $58.1M NZD
Period of data report 31st March 2025
Fund started 26th June 2008
Total annual fund fees 1.17%
Total performance based fees 0.0%
Manager's basic fee 1.17%
Other management and administration charges 0.0%
Total other charges 0.0
Total other charges currency NZD

Paul Robertshawe

Currently: Chief Investment Officer, Octagon Asset Management Limited (3 years, 4 months)
Previously: Portfolio Manager, Forsyth Barr Limited (0 years, 8 months)

Craig Alexander

Currently: Head of Fixed Interest and ESG, Octagon Asset Management Limited (3 years, 4 months)
Previously: Co-Head of Funds Management, Forsyth Barr Limited (8 years, 5 months)

Jason Lindsay

Currently: Head of Equities, Octagon Asset Management Limited (3 years, 4 months)
Previously: Co-Head of Funds Management, Forsyth Barr Limited (2 years, 2 months)

Neil Paviour-Smith

Currently: Director, Forsyth Barr Investment Management Limited (17 years, 1 months)
Previously: Managing Director at Forsyth Barr Investment Management Limited (current) (24 years, 3 months)

Christine Smith-Han

Currently: Equity and Strategy Analyst, Octagon Asset Management Limited (3 years, 4 months)
Previously: Portfolio Analyst, Forsyth Barr Limited (4 years, 10 months)

This information has been sourced from the quarterly data that each fund has filed with Disclose register to 31st March 2025.

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
2025 4.07% -8.14%
2024 15.78% 3.71%
2023 -4.85% -16.01%
2022 3.53% 2.05%
2021 35.55% 29.94%
2020 -7.06% -6.05%
2019 10.17% 16.88%
2018 7.53% 4.86%
2017 9.49% 1.53%
2016 4.71% 14.02%

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.

Top 10 Investments

  • Precinct Properties New Zealand Limited

    New Zealand Listed Property

    18.47%
  • Goodman Property Trust

    New Zealand Listed Property

    17.69%
  • Kiwi Property Group Limited

    New Zealand Listed Property

    14.05%
  • Argosy Property Limited

    New Zealand Listed Property

    8.32%
  • Vital Healthcare Property Trust

    New Zealand Listed Property

    7.94%
  • Stride Property Group

    New Zealand Listed Property

    7.48%
  • Property For Industry Limited

    New Zealand Listed Property

    7.47%
  • New Zealand Rural Land Company

    New Zealand Listed Property

    2.73%
  • Investore Property Limited

    New Zealand Listed Property

    2.69%
  • Summerset Group Holdings Limited

    New Zealand Australasian Equities

    1.61%
Type Target Actual
Cash and Cash Equivalents 5.0% 1.5%
New Zealand Fixed Interest 0.0% 0.0%
International Fixed Interest 0.0% 0.0%
Australasian Equities 20.0% 5.92%
International Equities 5.0% 0.0%
Listed Properties 70.0% 92.59%
Unlisted Properties 0.0% 0.0%
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 March 2025.