Invests in underlying funds that will attempt to replicate the performance of the New Zealand Stock market by investing in a range of New Zealand shares.
Company | Industry | % Of Fund |
---|---|---|
FISHER & PAYKEL HEALTHCARE LTD | Health Care Equipment & Suppli | 8.38% |
MERIDIAN ENERGY LIMITED | 7.48% | |
CONTACT ENERGY LTD | Electric Utilities | 7.42% |
INFRATIL LTD | Transportation Infrastructure | 7.33% |
MAINFREIGHT LTD | Air Freight & Logistics | 7.30% |
AUCKLAND INTERNATIONAL AIRPORT LTD | Transportation Infrastructure | 7.12% |
EBOS GROUP LTD | Health Care Equipment & Suppli | 6.87% |
SPARK NEW ZEALAND LTD | Diversified Telecommunication | 6.67% |
A2 MILK COMPANY LTD | Food Products | 5.69% |
MERCURY NZ LIMITED | 5.32% |
A growth fund is a higher risk, higher return fund invested in shares and other equities. These funds are intended to provide good long term growth, but may experience periods of significant volatility.