Forsyth Barr Global Equities Fund
The fund aims to achieve positive long-term returns by investing in selected international shares, subject to the risks associated with investments in international share markets.
AS AT 10 Jul 2020
Month End Unit Price
As at 31 May 2020
We actively manage the fund’s foreign currency exposures. As at 31 May 2020, these exposures represented 98.49% of the value of the fund. After allowing for foreign currency hedges in place, 63.44% of the value of the fund was unhedged and exposed to foreign currency risk.
The next Manager’s commentary will be included in the June Performance Summary (available July 2020).
As at 31 May 2020
|JP Morgan Chase & Co. USD Cash Deposit||6.18%|
|Alphabet Inc Class A||5.56%|
|Visa Inc.- Class A Shares||4.28%|
|Comcast Corp Class A||4.02%|
|Alibaba Group Holding-Sp Adr||3.71%|
|Baxter International Inc.||3.64%|
|Major holdings as % of total portfolio||44.30%|
|Total portfolio holdings||41|
As at 31 May 2020
|1 Month||3 Months||1 Year||3 Years*||Since commenced operation*|
|Net Fund Return||1 Month 5.11%||3 Months 4.14%||1 Year 19.22%||3 Years* 10.46%||Since commenced operation* 3.04%|
|Gross Fund Return||1 Month 5.35%||3 Months 4.60%||1 Year 21.61%||3 Years* 12.98%||Since commenced operation* 4.67%|
|MSCI ACWI Net TR Index (0% hedged to the NZD)||1 Month 3.96%||3 Months 0.09%||1 Year 10.98%||3 Years* 10.08%||Since commenced operation* 7.01%|
|MSCI ACWI Net TR Index (50% hedged to the NZD)||1 Month 4.11%||3 Months 0.35%||1 Year 8.75%||3 Years* 8.29%||Since commenced operation* 8.02%|
|MSCI ACWI Net TR Index (100% hedged to the NZD)||1 Month 4.26%||3 Months 0.54%||1 Year 6.31%||3 Years* 6.31%||Since commenced operation* 8.68%|
The unit prices shown do not take into account any adjustment for PIE tax.
Net Fund Returns are calculated after deduction of fund charges, trading expenses and accrued tax for a New Zealand resident paying individual tax at the highest Prescribed Investor Rate (28%). Gross Fund Returns are calculated before deduction of taxes and fund charges but after deduction of trading expenses. Market index returns do not have any deductions for fund charges, trading expenses or tax.
As at 31 March 2020
This document tells you how the Forsyth Barr Global Equities Fund has performed and what fees were charged. The document will help you to compare the fund with other funds.
General Fund Information
Potentially lower returns
Potentially higher returns
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 downs along the way. The risk indicator is based on the returns data for the five years to 31 December 2019. See more information about the risks of investing in the Product Disclosure Statement.
Target investment mix
|Cash and cash equivalents||10.00%|
|New Zealand fixed interest||0.00%|
|International fixed interest||0.00%|
Forsyth Barr Investment Management is the manager of the Investment Funds. The comments on this webpage do not take your personal circumstances into account. Before acting on this information, please contact your Forsyth Barr Authorised Financial Adviser. His or her disclosure statement is available on request and free of charge. Forsyth Barr Limited and its affiliates do not make any representation or warranty (express or implied) that this webpage is accurate, complete, or current and to the maximum extent permitted by law disclaim any liability for loss which may be incurred by any person relying on this webpage. This webpage is not intended to be distributed or made available to any person in any jurisdiction where doing so would constitute a breach of any applicable laws or regulations.
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22 locations around New Zealand
To find out more about our Global Equities Fund, speak to one of our Investment Advisers. They will help you determine the role an Investment Fund can play in helping you achieve your goals.