New Zealand Equity Fund Software

Product Information

Specifications

• Fund Name: QuayStreet New Zealand Equity
  Fund

• Launch Date: 30-Nov-10

• Management Fee: 1.25%

• Unit Price: $3.6741

• Fund Net Asset Value: $157,736,656

• Monthly Fund Return: 2.55%

• Benchmark: 3.10%

• Asset Allocation:

  • Growth Assets: 91.4%
  • Defensive Assets: 8.6%

Product Usage Instructions

Asset Allocation

The fund predominantly allocates its assets as follows:

• Growth Assets: 70-100%
• Defensive Assets: 0-30%

Sector Allocation

The fund’s sector allocation is distributed as follows:

• Energy: 0.6%
• Property: 1.4%

Fund Returns

The fund’s historical returns are as follows:

Frequently Asked Questions (FAQ)

1. How can I obtain the latest product disclosure

statement?

You can access the latest product disclosure statement on the
official website at quaystreet.com or by contacting the QuayStreet
Service Team at 0800 782 900.

2. What is the fund’s performance benchmark?

The fund’s performance benchmark is the S&P/NZX 50 Gross
Index, with a weight of 100%.

QuayStreet New Zealand Equity Fund

31 March 2024

FUND DESCRIPTION
The QuayStreet New Zealand Equity Fund invests predominately in companies that are in the NZX 50 index. The investment objective is to provide a level of return above the fund’s benchmark over the long term. Investment returns may vary substantially from year to year and may be negative.

ASSET ALLOCATION
Growth Assets Defensive Assets

Current 91.4% 8.6%

Range 70-100%
0-30%

FUND FACTS

Launch Date

30-Nov-10

Management Fee*

1.25%

Unit Price

$3.6741

Fund Net Asset Value

$157,736,656

Monthly Fund Return

2.55%

Benchmark

3.10%

*There may be additional expenses that are not included in the fixed management fee. For an estimate of the total annual fund charges, please refer to section 5 of the latest product disclosure statement available at quaystreet.com.

PERFORMANCE BENCHMARK S&P/NZX 50 Gross Index

WEIGHT 100%

Australasian Equity Listed Property Cash

90.0% 1.4% 8.6%

0-100% 0-100%
0-30%

SECTOR ALLOCATION

Energy Property
Banks Consumer Disc.
Materials Consumer Staples
Aged Care Airports and Ports
Financials Cash
Industrials Communication Services
Health Care Utilities

0.6% 1.4% 2.2%
2.2% 3.3% 3.9% 4.7% 6.3% 6.5% 8.6% 9.9% 12.8% 18.2% 19.3%

FUND RETURNS (before fees and tax) New Zealand Equity Fund

Benchmark

1 Month

2.5% 3.1%

3 Months

3.4% 2.8%

1 Year

3.2% 1.9%

3 Years (pa)

-1.2%

2.0%

5 Years (pa)

6.9% 4.2%

Inception (pa)

12.8% 10.2%

TOP 10 EQUITY SECURITIES 1. Fisher & Paykel Healthcare 2. Spark New Zealand 3. Contact Energy 4. Mainfreight 5. Meridian Energy

12.4% 6. Auckland International Airport 9.2% 7. Infratil 7.5% 8. Ebos Group 6.5% 9. Mercury NZ 6.4% 10. Chorus

6.3% 6.2% 5.8% 4.9% 3.6%

FURTHER INFORMATION? Contact the QuayStreet Service Team 0800 782 900 info@quaystreet.com

QuayStreet New Zealand Equity Fund

31 March 2024

FUND RETURNS
Returns before fees and tax New Zealand Equity Fund1 Benchmark Return2 Returns after fees and tax 3 Highest PIR Tax Rate (28%) Medium PIR Tax Rate (17.5%)

1 Month 3 Months 6 Months

1 Year

3 Year (pa) 5 Year (pa)

Inception (pa)

2.55% 3.10%

3.42% 2.84%

8.10% 7.16%

3.16% 1.86%

2.00% -1.22%

6.88% 4.22%

12.77% 10.18%

2.19% 2.28%

2.80% 2.90%

7.07% 7.19%

1.05% 1.35%

0.01% 0.27%

4.90% 5.13%

10.39% 10.75%

Low PIR Tax Rate (10.5%)

2.35%

2.99%

7.29%

1.56%

0.44%

5.29%

10.99%

Zero PIR Tax Rate

2.44%

3.09%

7.42%

1.86%

0.70%

5.52%

11.34%

1. Includes Imputation Credits where applicable 2. Historic performance includes benchmark that was applicable at the time. Information on the Benchmark indices are available in the Other Material Information document available at quaystreet.com or on the offer register; business.govt.nz/disclose 3. Includes Fees and Tax deducted at the Fund level but not advisory or any other third party expenses.

Cumulative returns since inception (before fees and tax)

$5.25 $5.00 $4.75 $4.50 $4.25 $4.00 $3.75 $3.50 $3.25 $3.00 $2.75 $2.50 $2.25 $2.00 $1.75 $1.50 $1.25 $1.00

New Zealand Equity Fund Benchmark NZ OCR

Currency Hedging The fund’s foreign currency exposure is actively managed in a manner consistent with the investment objectives and the performance benchmark of the fund. The fund’s current (after hedging) exposure to foreign currencies is 1% compared to the benchmark foreign currency exposure of 0%
Smartshares Limited (Smartshares) is the manager and issuer of the QuayStreet Funds. A Product Disclosure Statement (PDS) is available by contacting the QuayStreet Client Services team on 0800 782 900 or visiting www.quaystreet.com
This information is intended to provide a general overview of the fund and whilst the information is believed to be accurate and complete at the time of issue no guarantee or warranty is given nor responsibility accepted in this respect. Asset allocations can be changed from time to time and may be different because of factors such as market conditions and our ability to buy or sell assets at that time. Investments are subject to risks, the values can go down as well as up and investors may not get back the full amount invested.
Past performance is not a reliable guide to future performance. Returns or performance are not guaranteed by Smartshares, The New Zealand Guardian Trust Company Limited (as supervisor of the QuayStreet Funds), any related companies or any other person. This information is not a substitute for professional advice and does not take into account the investment objectives, financial situation or particular needs of any particular person. We recommend you read the PDS and seek professional assistance from a licensed financial advice provider.
The funds or securities referred to herein are not sponsored, endorsed, or promoted by MSCI, and MSCI bears no liability with respect to any such funds or securities. Please refer to www.msci.com/legal for further details.
This report refers to indices that are products of S&P Dow Jones Indices LLC and are licenced for use by Smartshares. A full disclaimer for the use of these products can be found at www.quaystreet.com/Termsand-Conditions.aspx
FURTHER INFORMATION? Contact the QuayStreet Service Team 0800 782 900 info@quaystreet.com

References

• Terms of use - MSCI

Read User Manual Online (PDF format)

Read User Manual Online (PDF format)  >>

Download This Manual (PDF format)

Download this manual  >>