Unhedged Global Share Fund

This fund invests in shares across developed markets.

 

The minimum suggested investment timeframe is 10 years.

Simplicity Fee

0.15%

Market Average

1.02% *

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

$1,471,510,015

Fund size

As at 30/11/2024

Why invest in this fund?

Designed for high long-term returns

This fund is suitable for investors seeking higher long-term growth, but able to tolerate higher volatility and risk.

Unhedged to the NZ dollar

This fund is unhedged, with investors getting the benefits and risks of currency fluctuations.

Low, low fees

We're focused on keeping fees low. Because the less we take, the more you can make.

Access to your money at any time

No minimum investment term, and you can set up regular or one-off withdrawals at any time.

What this fund invests in

Over 1,000 investments in more than 20 countries.

 

It tracks the Bloomberg DM ex NZ ESG Screened Index and is designed to be the unhedged global share component of a diversified investment portfolio.

Target asset allocation

Performance

5.50%

1 Month

16.67%

6 Months

34.34%

1 Year

2 Years

3 Years

5 Years

* These returns are to 30-11-2024 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

What is the difference between the Hedged Global Share Fund and the Unhedged Global Share Fund?

Both Funds hold the same shares, but the Unhedged Global Share Fund keeps the shares it holds in each share’s currency whereas the Hedged Global Share Fund converts each share’s currency to New Zealand dollars.

This means the Hedged Global Share Fund will benefit versus the Unhedged Global Share Fund when the value of the New Zealand dollar rises against foreign currencies, whereas the Unhedged Global Share Fund will benefit when the value of the New Zealand dollar falls.

Can I invest in both the Hedged Global Share Fund and the Unhedged Global Share Fund?

Yes. Investors can invest in both the Hedged Global Share Fund and the Unhedged Global Share Fund. The minimum investment is $1,000 per fund.

Can I self-select my investments?

No, we don’t provide individually customised securities portfolios. 

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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Hedged Global Share

This fund invests in listed company shares in developed markets and is designed to be part of a diversified investment portfolio.

NZ Share

This fund invests in shares listed on the New Zealand Stock Exchange.

NZ Bond

This fund invests in New Zealand government and investment grade bonds issued in New Zealand dollars.

Hedged Global Bond

This fund invests in investment grade bonds in developed markets and is designed to be part of a diversified investment portfolio.

NZ Cash

This fund invests in a portfolio of cash, short term bonds and other debt securities.

Minutes to join

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