How the Fund works
The New Zealand Shares Fund is a diversified portfolio of predominantly New Zealand shares constructed with the aim of outperforming the S&P/NZX 50 Index. The fund will generally be overexposed to companies which have sustainable competitive advantage, good growth outlooks, the ability to grow earnings faster than revenue and which can grow without a strong reliance on raising additional capital.
The fund may also invest in Australian shares. This flexibility affords a wider investment universe and allows the portfolio to benefit from insights the research team derives on Australian stocks.
Salt Funds Management Limited is the investment manager of the Fund.
How does the Fund meet your needs?
Potential for high returns over the long term
The fund’s investments are focused towards companies with stable or growing earnings, which we believe are undervalued in relation to their projected earnings potential.
By actively managing the fund, we are able to take advantage of growth and mispriced opportunities on behalf of investors.
Because the fund invests in a variety of industries and sectors, you will benefit from access to more investment opportunities that offer the potential for growth.
Fund facts as at 31 December 2016
|Type of fund
||Managed fund. This fund is a Portfolio Investment Entity (PIE).
||To provide a gross return above the return of the S&P/NZX 50 Index (on a gross basis including imputation credits) over a rolling three year period.
||A diversified portfolio of predominately New Zealand shares which is constructed to outperform the S&P/NZX 50 Index.
|Net fund size
||16 May 1995
|Minimum suggested timeframe
||Long term (minimum five years)
Six monthly (March and September)
S&P/NZX 50 Gross Index
Aegis, FNZ, Apteryx.
How to invest
Contact your financial adviser about investing in AMP Capital funds. Advisers can access our products through a number of platforms and wrap services.
Or, you can invest with us direct online:
To find out more, read the application process document, contact a business development manager or call us on 0800 400 499
To invest, call us on 0800 400 499 or contact a relationship manager.
Product Disclosure Statements (PDSs) dated 30 October 2016 for the offer of the AMP Capital Investment Funds have been lodged with the Registrar of Financial Service Providers. The New Zealand and Australian Shares Funds PDS can be obtained from our website and from the Disclose website www.business.govt.nz/disclose. The Manager and the Issuer of the Fund is AMP Investment Management (NZ) Limited, Ground Floor, 113 - 119 The Terrace, Wellington.