NZ Share Fund

The NZ Share Fund invests in shares listed on the New Zealand stock exchange (NZX).

Simplicity Fee

0.10%

Market Average

0.93% *

* Market average fee sourced from Sorted Smart Investor based on $10,000 in single sector funds with a similar asset allocation as at 1 February 2024. Simplicity fee as at 1 February 2024.

What this fund invests in

Its benchmark is the Morningstar New Zealand Index, which measures the performance of the top 97% of shares listed on the NZX by float-adjusted market capitalisation.

 

It is designed to generate a return similar to the performance of the New Zealand share market and to be the New Zealand share component of a diversified investment portfolio.

Target asset allocation

Performance

0.88%

1 Month

10.67%

3 Months

0.27%

1 Year

0.97%

2 Years

-2.60%

3 Years

6.35%

5 Years

* These returns are to 31-01-2024 and are before tax and after fund management fees. Yearly returns are per annum. Past performance is not necessarily an indicator of future performance and return periods may differ.

Risk Profile

The risk indicator reflects how much the value of the 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.

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Lower risk
Higher risk

Note that even the lowest category does not mean a risk-free investment, and there are other risks that are not captured in this rating. This risk indicator is not a guarantee of a fund’s future performance. While risk indicators are usually relatively stable, they do shift from time to time. The risk indicator reflects the most recent quarterly fund update or the PDS if a fund update has not yet been produced and will continue to be updated in future fund updates. See the product disclosure statement (PDS) for more information about the risk indicator and the risks associated with investing in this fund.

Frequently Asked Questions

Which index does the NZ Share Fund track?

The NZ Share Fund benchmark is the Morningstar NZ index, less the companies screened out under our Responsible Investing Policy.

To see the top 10 holdings and full holdings for the Fund please use our Where is the World is My Money tool at this link.

Is this Fund the same as an NZX50 fund?

No. The Simplicity NZ Share Fund does not hold some smaller companies represented in the NZX50 and a few companies that are excluded under our Responsible Investment Policy. 

What are the risks associated with a single-sector fund?

 Investors face a more concentration risk because of the narrower investment focus of single sector funds (less diversification). This fund is intended to be a component of a diversified investment portfolio.

Key Documents

Latest Fund Update

This document is produced quarterly and tells you how the fund has performed and what fees were charged and will help you to compare the fund with other funds.

Product Disclosure Statement

This document gives you important information to help you decide whether you want to invest. There is other useful information about this offer on companiesoffice.govt.nz/disclose

Statement of Investment Policy and Objectives (SIPO)

This policy describes Simplicity NZ Limited’s Governing Principles, provides a description of the Scheme, outlines its purpose and philosophy, its investment objectives and policies. It also covers investment performance monitoring and reporting.

Responsible Investment Policy

This policy describes Simplicity NZ Limited’s approach to responsible investment. This policy is to be read alongside our scheme governing documents, including the Statement of Investment Policy and Objectives (“SIPO”), Product Disclosure Statement (“PDS”) and Other Material Information (“OMI”).

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Minutes to join

Grab your IRD number and driver licence or passport, and fill in the form. We’ll do everything else %)