Forsyth Barr Australian Equities Fund
Some information about this Fund is set out below. Please see the Product Disclosure Statement for more information. For more detailed information about the investment policies and objectives for the Fund, please see the SIPO.
View the latest Fund Update here.
Brief description of fund and investment objective
The Forsyth Barr Australian Equities Fund aims to achieve positive long-term returns by investing in selected Australian shares, subject to the risks associated with investments in international share markets.
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 down along the way. See section 4 of the PDS ‘What are the risks of investing?’ for more information.
Target investment mix
We aim to invest in...
Cash and cash equivalents 5%
New Zealand fixed interest 0%
International fixed interest 0%
Australasian equities 85%
International equities 0%
Listed property 10%
Minimum suggested investment timeframe
Investors should regard this as a medium to long-term investment of at least five years.
There is no benchmark for the Fund.
The Fund will be priced in New Zealand dollars. All applications and redemptions will be in New Zealand dollars. The Fund is permitted to hedge its Australian dollar exposure. Any currency hedging is at our discretion.
Daily. Your Investment Adviser can provide you with details of the latest unit price for the Fund.
There are annual fund charges, and entry fees.
Annual fund charges are currently 1.30% of the net asset value of the fund (estimated), made up of our management fee (1.25%) and other annual fund charges (0.05%, estimated).
An entry fee of 1% of each contribution also applies (including for switches).
All fees and charges are quoted exclusive of GST.
See section 5 of the PDS ‘What are the fees?’ for more information.
Examples of how fees apply to an investor
Kim invests $10,000 in the Forsyth Barr Australian Equities Fund. She is charged an entry fee of $100 (1% of $10,000).
This brings the starting value of her investment to $9,900.
She is also charged annual fund charges, which work out to about $129 (1.30% of $9,900). These fees might be more or less if her account balance has increased or decreased over the year.
Estimated total fees for the first year:
Entry fees $100
Fund charges $129