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.
Active management
By actively managing the fund, we are able to take advantage of growth and mispriced opportunities on behalf of investors.
Diversification
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 30 June 2017
| Code |
AIF E |
| Type of fund |
Managed fund. This fund is a Portfolio Investment Entity (PIE). |
| Performance objective |
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. |
| Investment approach |
A diversified portfolio of predominately New Zealand shares which is constructed to outperform the S&P/NZX 50 Index. |
| Net fund size |
$479.3 million |
| Establishment date |
16 May 1995 |
| Minimum suggested timeframe |
Long term (minimum five years) |
| Distribution frequency |
Six monthly (March and September) |
| Benchmark |
S&P/NZX 50 Gross Index |
| Platform access |
Direct with AMP Capital, Aegis, FNZ.
|
Risk indicators
| Risk profile |
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How to invest
Individual investors
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:
Invest Online
Advisers
To find out more, read the application process document, contact a business development manager or call us on 0800 400 499
Institutional investors
To invest, call us on 0800 400 499 or contact a relationship manager.
Product Disclosure Statements (PDSs) dated 4 August 2017 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. Nothing on this page is financial advice for the purposes of the Financial Advisers Act 2008 and any associated regulations. You can seek advice from a financial advisor to help you make an investment decision. The Manager and the Issuer of the Fund is AMP Investment Management (NZ) Limited, Ground Floor, 113 - 119 The Terrace, Wellington.