The fund aims to pay distributions, while maintaining the fund’s capital value over the long-term, by selecting a mix of cash, fixed interest, equity and property investments. Investors can expect moderate to high levels of movement up and down in value, and to receive longer-term returns that are generally higher than term deposit rates of domestic major banks (but with more risk) and are lower than those of the Growth Fund (but with less risk).
The unit prices shown do not take into account any adjustment for any accrued PIE tax that individual investors may need to pay on withdrawal. Buy/sell spreads may apply when transacting - there are currently none.
| Company name | % of fund |
|---|---|
| Hunter Global Fixed interest Fund | 21.15% |
| ANZ transactional bank account | 3.58% |
| Vital Healthcare Property Trust | 2.54% |
| Goodman Property Trust | 2.10% |
| APA Group Limited | 1.90% |
| Infratil Limited | 1.87% |
| Genesis Energy Limited | 1.78% |
| Tourism Holdings Limited | 1.61% |
| Precinct Properties New Zealand Limited | 1.59% |
| New Zealand Government 3% 20/04/2029 | 1.46% |
| Major holdings as % of total portfolio | 39.57% |
| 1 Month | 3 Months | 1 Year | *3 Years | *Since commenced operation | |
|---|---|---|---|---|---|
| Net Fund Return | 1 Month 2.89% | 3 Months 1.46% | 1 Year 6.18% | *3 Years 2.29% | *Since commenced operation 2.02% |
| Gross Fund Return | 1 Month 2.87% | 3 Months 1.55% | 1 Year 6.66% | *3 Years 2.82% | *Since commenced operation 2.55% |
| Composite Index | 1 Month 2.55% | 3 Months 1.95% | 1 Year 6.30% | *3 Years 1.07% | *Since commenced operation 0.81% |
*Annualised
Net Fund Returns are calculated before deduction of taxes but after deduction of fund charges and trading expenses and including imputation credits where available. Prior to October 2022 Net Fund Returns were calculated after deduction of fund charges, trading expenses and accrued tax for a New Zealand resident paying individual tax at the highest Prescribed Investor Rate (28%). Gross Fund Returns are calculated before deduction of taxes and fund charges but after deduction of trading expenses and including imputation credits where applicable. Market index returns do not have any deductions for fund charges, trading expenses or tax.
The Income Fund aims to make regular distributions on a quarterly basis in April, July, October and January. You can elect to have distributions re-invested in the fund or paid into your bank account.
| Date | Cents per unit NZD |
| July 2022 | 0.750 |
| October 2022 | 0.875 |
| January 2023 | 1.000 |
| April 2023 | 1.000 |
| July 2023 | 1.000 |
| October 2023 | 1.000 |
| January 2024 | 1.000 |
| April 2024 | 1.000 |
The risk indicator is rated from 1 (low) to 7 (high). The rating reflects how much the value of the relevant 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.
This fund started on 11 December 2020 and as at 31 December 2023 we calculated the risk indicator using market index returns data for periods before that date, and actual fund returns data afterwards. Using market index return data may make the risk indicator a less reliable indicator of how much fund values might go up and down in the future. See more information about the risks of investing in the Product Disclosure Statement.
| Cash and cash equivalents | 3.00% |
| New Zealand fixed interest | 23.00% |
| International fixed interest | 21.00% |
| Australasian equities | 40.00% |
| International equities | 0.00% |
| Listed property | 13.00% |
View the Product Disclosure Statement for detailed information about this Fund and Octagon Investment Funds Scheme.
Forsyth Barr Investment Management Limited is the issuer and Octagon Asset Management Limited the investment manager of the Octagon Investment Funds. The comments on this webpage do not take your personal circumstances into account. Before acting on any information on this webpage, we recommend you seek financial advice. Past performance is not a reliable guide to future performance. Forsyth Barr Investment Management Limited, Octagon Asset Management Limited and their affiliates do not make any representation or warranty (express or implied) that this webpage is accurate, complete, or current and to the maximum extent permitted by law disclaim any liability for loss which may be incurred by any person relying on this webpage. This webpage is not intended to be distributed or made available to any person in any jurisdiction where doing so would constitute a breach of any applicable laws or regulations.
