Forsyth Barr Listed Property 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 Listed Property Fund aims to achieve positive long-term returns by investing in selected listed property vehicles, subject to the risks associated with investments in listed property assets.

Risk indicator

 

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            20%
                International equities            5%
                Listed property                    70%

Minimum suggested investment timeframe

Investors should regard this as a medium to long-term investment of at least five years.

Benchmark

There is no benchmark for the Fund.

Currency

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.

Unit pricing

Daily. Your Investment Adviser can provide you with details of the latest unit price for the Fund.

Fees

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 Listed Property 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

If you're new to investing or just have a question please call us: 0800 367 227