Forsyth Barr Growth 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 selecting 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 higher than those of the Balanced Fund.
AS AT 14 Oct 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 53.25% of the value of the fund. After allowing for foreign currency hedges in place, approximately 32.86% 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||8.18%|
|Fisher & Paykel Healthcare Corporation Limited||2.12%|
|Visa Inc.- Class A Shares||1.63%|
|Spark New Zealand Limited||1.37%|
|Westpac Banking Corporation||1.33%|
|Fletcher Building Limited||1.12%|
|Major holdings as % of total portfolio||21.82%|
|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 1.65%||3 Months 3.87%||1 Year N/A||3 Years N/A||Since commenced operation 6.20%|
|Gross Fund Return||1 Month 1.88%||3 Months 4.30%||1 Year N/A||3 Years N/A||Since commenced operation 7.45%|
|Composite Index||1 Month 2.25%||3 Months 5.18%||1 Year N/A||3 Years N/A||Since commenced operation 9.43%|
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 Growth Fund has performed and what fees were charged. The document will help you to compare the fund with other funds.
General Fund Information
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Potentially higher returns
* These funds started on 11 December 2020. We’ve calculated the risk indicator using market index returns data for periods before that date, and actual fund returns data afterwards. Using market index return data may make the risk indicator a less reliable indicator of how much fund values might go up and down in the future.
Tactical asset allocation mix (as at 30 April 2021)
|Cash and cash equivalents||3.00%|
|New Zealand fixed interest||10.00%|
|International fixed interest||4.00%|
|New Zealand Equities||19.00%|
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
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