Income Fund

    A conservative investment option

    Open an account
    Unit price

    $1.1470

    as at 22/02/2024
    See performance chart
    Unit price
    $1.1470
    as at 22/02/2024
    See performance chart
    Annualised returnSince inception
    3.7%
    as at 31/01/2024 after fees and before tax
    Annualised return5 year
    2.2%
    as at 31/01/2024 after fees and before tax
    If you had invested $10,000 at inception,today it would be worth...
    $15,825.92
    inception date 17/04/2011
    Minimum investment
    $2,000lump sum
    and / or
    $100per month
    Suggested minimum timeframe
    Risk indicator

    Risk indicator for the some strategy name:

    Lower risk

    Higher risk

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    Potential lower returns

    Potential higher returns

    The risk indicator is rated from 1 (low) to 7 (high). The rating reflects how much the value of the 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.

     
    1
    7
    3

    About this fund

    The Income Fund aims to provide stable returns over the long term through access to a diverse range of fixed interest investments from around the world. To achieve this, our Investment Team carefully select investments issued by both government and non-government borrowers, with the aim of generating a steady stream of income over time. 

    Why choose this fund?

    If you’re a naturally cautious investor or prefer lower volatility of returns, or if you need to make withdrawals from your investment in the short to medium term, this fund could be a good choice for you.  

    Sector split

    November 2023

    Financials
    47%
    Asset backed securities
    14%
    Consumer non-cyclical
    10%
    Communications
    8%
    Other
    6%
    Mortgage securities
    5%
    Consumer cyclical
    5%
    Cash
    5%
    Government
    0%

    Portfolio holdings

    as at 31 January 2024

    See a selection of the different investments the Income Fund invests in below.

    ANZ Bank NZ Ltd

    ANZ Bank NZ Ltd

    Avanti Finance

    Avanti Finance

     Barclays Bank PLC

    Barclays Bank PLC

    BNP Paribas

    BNP Paribas

    Cco Holdings Llc

    Cco Holdings Llc

    Portfolio Team

      Our Managed Funds

      • Conservative Fund

        Aims to provide stable returns over the long term by investing mainly in income assets with a modest allocation to growth assets.

        Learn more
      • Growth Fund

        Aims to grow your investment over the long term by investing mainly in growth assets.

        Learn more
      • Income Fund

        Aims to provide stable returns over the long term by investing in New Zealand and international fixed interest assets.

        Learn more
      • Property & Infrastructure Fund

        Focuses on growth of your investment over the long term by investing in New Zealand and international property and infrastructure assets.

        Learn more
      • New Zealand Growth Fund

        Focuses on growth of your investment over the long term by investing in quality New Zealand companies which can consistently produce increasing earnings.

        Learn more
      • Australian Growth Fund

        Focuses on growth of your investment over the long term by investing in quality Australian companies which can consistently produce increasing earnings.

        Learn more
      • International Growth Fund

        Focuses on growth of your investment over the long term by investing in quality international companies which can consistently produce increasing earnings.

        Learn more