New Zealand Growth Fund

    Investments in your backyard

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    Unit price

    $12.4563

    as at 23/02/2024
    See performance chart
    Unit price
    $12.4563
    as at 23/02/2024
    See performance chart
    Annualised returnSince inception
    11.0%
    as at 31/01/2024 after fees and before tax
    Annualised return5 year
    8.0%
    as at 31/01/2024 after fees and before tax
    If you had invested $10,000 at inception,today it would be worth...
    $142,935.03
    inception date 09/08/1998
    Minimum investment
    $2,000lump sum
    and / or
    $100per month
    Suggested minimum timeframe
    Risk indicator

    Risk indicator for the some strategy name:

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    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.

     
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    About this fund

    Launched in August 1998, The Fisher Funds New Zealand Growth Fund is our flagship fund. It aims to produce long-term growth by investing in a concentrated selection of high-quality New Zealand companies hand-picked by our Investment Team. Typically, the fund will be invested in 15 to 20 companies at any one time. The focus is on companies with wide economic moats, long runways for growth and that are run by exceptional people.   

    Why choose this fund?

    If you are looking for higher potential growth in your investment over the long term and are comfortable with the volatility that comes with a higher risk fund, and also like the idea of investing in well-known, market-leading New Zealand companies, this fund could be a good choice for you.  

    Sector split

    January 2024

    Health Care
    30%
    Industrials
    30%
    Utilities
    20%
    Information technology
    14%
    Consumer staples
    5%
    Cash
    1%

    Portfolio holdings

    as at 31 January 2024

    See a selection of the companies the New Zealand Growth Fund invests in below.

    Significant holdings

    a2 Milk Company

    a2 Milk Company

    Auckland International Airport

    Auckland International Airport

    Contact Energy

    Contact Energy

    Delegat

    Delegat

    Ebos Group

    Ebos Group

    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.

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      • Growth Fund

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

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      • Income Fund

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

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      • Property & Infrastructure Fund

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

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      • 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.

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      • 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