Fisher Funds Two KiwiSaver Scheme
Fisher Funds Two Preservation Fund
In their own words: "The fund aims to protect your savings and provide a return that is better than 90-day bank bills. Invested in New Zealand cash and New Zealand short term fixed interest assets"
At a glance:
Average annual returns over the past 3 years, after fees and taxes. *indicates less than three years of data.
Annual fees, including membership and % management fee.
More information:
A summary of this fund and it's details.
| Number | FND1080 |
| Name | Fisher Funds Two Preservation Fund |
| Risk profile | Defensive fund |
| Description | The fund aims to protect your savings and provide a return that is better than 90-day bank bills. Invested in New Zealand cash and New Zealand short term fixed interest assets |
| Value | $27M NZD |
| Members | 1,579 |
| Market index description | S&P/NZX 90 Day Bank Bill Index |
| Disclosure Statement Period | Sun June 30th 2019 |
| Fund started | Mon Oct. 1st 2007 |
| Three-year average return | 1.66% |
| Market index past year return | 1.97% |
| Past year return net charges and tax | 1.68% |
| Past year return net of charges gross of tax | 2.34% |
| Market index return since fund started | 2.69% |
| Return since fund started net | 2.08% |
| Total annual fund fees | 0.63% |
| Total performance based fees | 0.0% |
| Manager's basic fee | 0.48% |
| Administration charges | 0.15% |
| Total other charges | 28.44 |
| Total other charges currency | NZD |
This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to 30 June 2019.
The past annual returns for this fund. Please note that higher past returns do not always mean higher future returns.
| Year | Market Index | Fund Annual Return |
|---|---|---|
| 2019 | 2.26% | 1.69% |
| 2018 | 2.15% | 1.66% |
| 2017 | 1.38% | 1.63% |
| 2016 | 2.64% | 2.27% |
| 2015 | 4.66% | 2.59% |
| 2014 | 2.00% | 2.22% |
| 2013 | 3.15% | 2.52% |
| 2012 | 3.62% | 1.99% |
| 2011 | 3.17% | 2.26% |
| 2010 | 3.39% | 2.23% |
The market index is the average NZ KiwiSaver 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 KiwiSaver fund has filed with Disclose register to 30 June 2019.
Showing the top 10 investments for this fund:
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ANZ 10 A/C - Current Accounts 28/06/2019
New Zealand Cash and Equivalents NA3.79% -
International Finance Corporation 3.625% 20-May-2020
New Zealand NZ Fixed Interest AAA3.75% -
Kfw Bankengruppe 3.75% 29-May-2020
New Zealand NZ Fixed Interest AAA3.74% -
Bank Of New Zealand Limited Frn 15-May-2020
New Zealand NZ Fixed Interest AA-3.65% -
Rabobank Nederland Frn 22-Mar-2021
New Zealand NZ Fixed Interest AA33.59% -
ASB Bank Ltd. Frn 22-Feb-2022
New Zealand NZ Fixed Interest AA-3.58% -
Auckland International Airport Limited Frn 11-Apr-2020
New Zealand NZ Fixed Interest A-3.52% -
ASB Bank Ltd. Frn 19-Jan-2021
New Zealand NZ Fixed Interest AA-3.28% -
Westpac New Zealand Ltd. Frn 14-Feb-2022
New Zealand NZ Fixed Interest AA-3.22% -
Bank Of New Zealand Limited Frn 14-Sep-2020
New Zealand NZ Fixed Interest AA-2.81%
This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to 30 June 2019.
How the money in this fund is invested.
| Type | Target | Actual |
|---|---|---|
| Cash and Cash Equivalents | 50.0% | 17.42% |
| New Zealand Fixed Interest | 50.0% | 82.58% |
| International Fixed Interest | 0.0% | 0.0% |
| Australasian Equities | 0.0% | 0.0% |
| International Equities | 0.0% | 0.0% |
| Listed Properties | 0.0% | 0.0% |
| Unlisted Properties | 0.0% | 0.0% |
| Unknown | None% | 0.0% |
| Other | 0.0% | 0.0% |
| Commodities | 0.0% | 0.0% |
This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to 30 June 2019.
Key Personnel
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Robbie Urquhart
Currently: Senior Portfolio Manager, Australian Equities (1 years, 1 months)
Previously: Portfolio Manager / Principal, Trafalgar Copley Limited (11 years, 0 months)
This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to 30 June 2019.
The known proportion of this fund invested in the areas of concern that we track. The Fund may have investments that are not consistent with their exclusions policy because of timing issues or because there are companies of concern in indirect investments.
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Adult Entertainment/Pornography:0.00%
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Alcohol:0.00%
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Animal Testing:0.00%
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Fossil Fuels:0.00%
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Gambling:0.00%
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GMOs:0.00%
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Human Rights & Environmental Violations:0.00%
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Palm Oil:0.00%
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Tobacco:0.00%
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Weapons:0.00%
This data has been compiled by Mindful Money from the portfolios that each KiwiSaver fund has filed with the Disclose register to 31 March 2019 and Mindful Money analysis of funds within those portfolio. The list of companies of concern has been drawn from ratings agencies and public sources, including the Norwegian Sovereign Fund, NZ Super Fund and research organisations.
Does this fund have a policy to exclude any industries from its investments?
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Adult Entertainment/Pornography:
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Alcohol:
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Animal Testing:
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Fossil Fuels:
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Gambling:
-
GMOs:
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Human Rights & Environmental Violations:
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Palm Oil:
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Tobacco:
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Weapons:
This data is compiled from Mindful Money analysis of Fund websites. Note that the Fund’s intended exclusions may not be consistent with the analysis of the portfolio because of timing issues or because there are companies of concern in indirect investments by the Fund.
Many KiwiSaver funds exclude controversial weapons. However, the category of Weapons used in this analysis is broader in scope, covering all munitions, firearms and military weapons.
Download the fund's disclosure statement and portfolio holdings.
