Forsyth Barr Balanced Fund
The fund was established on 11 December 2020, however applications were accepted from 18 December 2020.
The fund aims to achieve positive long-term returns by choosing exposure across asset classes. Investors can expect moderate to high levels of movement up and down in value and to receive longer term returns that are lower than those of the Growth Fund.
AS AT 22 Sep 2021
Month End Unit Price
As at 31 Aug 2021
Foreign currency exposures associated with international fixed interest are hedged to the New Zealand dollar. We actively manage the fund’s currency exposures associated with international and Australian equities, and listed property. As at 31 August 2021, these exposures represented 41.46% of the value of the fund. After allowing for foreign currency hedges in place, approximately 25.63% of the value of the fund was unhedged and exposed to foreign currency risk.
The next Manager’s commentary will be included in the September Performance Summary (available October 2021).
As at 31 Aug 2021
|ANZ transactional bank account||8.81%|
|Fisher & Paykel Healthcare Corporation Limited||1.76%|
|Housing New Zealand 3.36% 12/06/2025||1.20%|
|Visa Inc.- Class A Shares||1.19%|
|New Zealand Local Government Funding Agency Ltd 14/04/2033 3.50%||1.18%|
|Westpac Banking Corporation||1.15%|
|Spark New Zealand Limited||1.14%|
|Major holdings as % of total portfolio||20.11%|
|Total portfolio holdings||1749|
Performance over time
As at 31 Aug 2021
|1 Month||3 Months||1 Year||3 Years||Since commenced operation|
|Net Fund Return||1 Month 1.22%||3 Months 2.91%||1 Year N/A||3 Years N/A||Since commenced operation 4.41%|
|Gross Fund Return||1 Month 1.40%||3 Months 3.30%||1 Year N/A||3 Years N/A||Since commenced operation 5.47%|
|Composite Index||1 Month 1.60%||3 Months 3.87%||1 Year N/A||3 Years N/A||Since commenced operation 6.44%|
Net Fund Returns are calculated after deduction of fund charges, trading expenses and accrued tax for a New Zealand resident paying individual tax at the highest Prescribed Investor Rate (28%). Gross Fund Returns are calculated before the deduction of taxes and fund charges but after the deductions of trading expenses and including imputation credits and foreign tax credits where available.
As at 30 June 2021
This document tells you how the Forsyth Barr Balanced Fund has performed and what fees were charged. The document will help you to compare the fund with other funds.
General Fund Information
Potentially lower returns
Potentially higher returns
The risk indicator is rated from 1 (low) to 7 (high). The rating reflects how much the value of the relevant fund’s assets goes up and down (volatility). A higher risk generally means higher potential returns over time, but more ups and downs along the way. This fund started on 11 December 2020. As the fund has not been in existence for 5 years, we have used market index return data for periods prior to 11 December 2020 and actual fund returns data afterwards. This means that the risk indicator may provide a less reliable indicator of the potential future volatility of the fund. See more information about the risks of investing in the Product Disclosure Statement.
Tactical asset allocation mix (as at 30 April 2021)
|Cash and cash equivalents||6.00%|
|New Zealand fixed interest||21.00%|
|International fixed interest||10.00%|
|New Zealand Equities||15.00%|
Trail commission may be paid to an adviser responsible for your Investment Funds account. Any trail fee is paid by Forsyth Barr Limited and is not a separate charge on your Investment Funds account. Forsyth Barr Investment Management is the manager of the Investment Funds. The comments on this webpage do not take your personal circumstances into account. Before acting on this information, please contact your Forsyth Barr Investment Adviser. Forsyth Barr Limited and its affiliates do not make any representation or warranty (express or implied) that this webpage is accurate, complete, or current and to the maximum extent permitted by law disclaim any liability for loss which may be incurred by any person relying on this webpage. This webpage is not intended to be distributed or made available to any person in any jurisdiction where doing so would constitute a breach of any applicable laws or regulations.
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24 locations around New Zealand
To find out more about our Forsyth Barr Balanced Fund, speak to one of our expert Investment Advisers. They will help you determine the role an Investment Fund can play in helping you achieve your goals.