Using the most recent returns from March 2022, we will examine Kōura Wealth’s recent KiwiSaver Performance.
Kōura Wealth, founded in 2019, is an all-digital advisory business. They presently manage six KiwiSaver funds, which invest in Blackrock ETFs, for 2,173 KiwiSaver members, with a fund under management of more than NZ$20b. Kōura Wealth states unequivocally that it believes index investing will provide a higher long-term return for the average KiwiSaver member.
In March 2022, investors weighed the implications of the invasion war and the accompanying sanctions on Russia on economic growth, energy prices, and global trade. Overall, this had a significant impact on financial markets throughout the globe.
Table of Contents
Performance of Kōura Wealth KiwiSaver Funds
Kōura Wealth Cash Fund
Kōura Wealth Fixed Interest Fund
Kōura Wealth NZ Equities Fund
Kōura Wealth U.S. Equities Fund
Kōura Wealth Emerging Markets Equities Fund
Kōura Wealth Rest of World Equities Fund
Performance of Kōura Wealth KiwiSaver Funds
|
3 months |
6 months |
1 year |
2 years |
|
|
Cash |
0.21% |
0.34% |
0.45% |
0.33% |
|
Fixed Interest |
-2.75% |
-4.41% |
-5.54% |
-1.46% |
|
NZ Equities |
-5.83% |
-7.90% |
-3.03% |
13.16% |
|
U.S. Equities |
-10.85% |
-2.85% |
6.21% |
23.53% |
|
Emerging Markets Equities |
-6.34% |
-5.29% |
-4.69% |
13.56% |
|
Rest of the World Equities |
-11.39% |
-8.46% |
-2.65% |
12.23% |
Sourced from Kōura Wealth Our Funds.
* These returns are to 31st March 2022 and are before tax and after fund management fees. Past performance is not necessarily an indicator of future performance, and return periods may differ.
Note: The following information is sourced from Kōura Wealth Quarterly Fund updates published on 10 February 2022.
Kōura Wealth Cash Fund
Kōura Wealth Cash Fund invests in New Zealand dollar bank deposits, term deposits, and short-dated money market securities. The Cash Fund has had a 3-month and 1-year return of 0.21% and 0.45%, higher than the 2-year return of 0.33%. This indicates that the fund is generating returns while exceeding its two-year benchmark.
*The following is Sourced from Kōura Wealth Cash Fund Update
Returns
Fees
The total annual fees for investors in the Kōura Wealth Cash fund are 0% per year, but the administration fees are $30 p.a.
Investment mix
The investment mix is 100% cash and cash equivalents due to being a cash fund.
Top ten investments
This table shows Kōura Wealth’s top 10 investments in the Cash KiwiSaver fund, which make up 100% of the fund.
Kōura Wealth Fixed Interest Fund
Kōura Wealth Fixed Interest Fund invests in exposure to New Zealand Government and Corporate bonds, which will be managed directly by Kōura Wealth with the assistance of Kōura’s strategic partner Hobson Wealth Partners. The Fixed Interest Fund has had a 3-months and 1-year return of -2.75% and -4.41%, higher than the 2-years return of -1.46%.
*The following is Sourced from Kōura Wealth Fixed Interest Fund Update
Returns
Fees
The total annual fees for investors in the Kōura Wealth Fixed Interest fund are 0.63% per year, but the administration fees are $30 p.a.
Investment mix
The investment mix shows the type of assets that the fund invests into.
Top ten investments
This table shows Kōura Wealth’s top 10 investments in the Fixed Interest KiwiSaver fund, which make up 42.19% of the fund.
Kōura Wealth NZ Equities Fund
Kōura Wealth NZ Equities Fund invests in exposure to the New Zealand share market, which will be managed directly by kōura with the assistance of kōura’s strategic partner Hobson Wealth Partners. The NZ Equities Fund has had a 3-months and 1-year return of -5.83% and -3.03%, higher than the 2-years return of 13.16%.
*The following is Sourced from Kōura Wealth NZ Equities Fund Update
Returns
Fees
The total annual fees for investors in the Kōura Wealth NZ Equities Fund are 0.63% per year, but the administration fees are $30 p.a.
Investment mix
The investment mix shows the type of assets that the fund invests into.
Top ten investments
This table shows Kōura Wealth’s top 10 investments in the NZ Equities KiwiSaver fund, which make up 60.09% of the fund.
Kōura Wealth U.S. Equities Fund
Kōura Wealth U.S. Equities Fund invests in exposure to the U.S. share market, which will be managed directly by kōura with the assistance of kōura’s strategic partner Hobson Wealth Partners. The U.S. Equities Fund has had a 3-months and 1-year return of -10.85% and 6.21%, higher than the 2-years return of 23.53%. This suggests that the fund is producing returns, but not beating its projected benchmark of 2-years.
*The following is Sourced from Kōura Wealth U.S. Equities Fund Update
Returns
Fees
The total annual fees for investors in the Kōura Wealth U.S. Equities Fund are 0.63% per year, but the administration fees are $30 p.a.
Investment mix
The investment mix shows the type of assets that the fund invests into.
Top ten investments
This table shows Kōura Wealth’s top 10 investments in the U.S. Equities KiwiSaver fund, which make up 100% of the fund.
Kōura Wealth Emerging Markets Equities Fund
Kōura Wealth Emerging Markets Equities Fund invests in exposure to emerging markets including Eastern Europe, the Middle East, South America, Africa and Asia including China. The Emerging Markets Equities Fund has had a 3-months and 1-year return of -6.34% and -4.69%, higher than the 2-years return of 13.56%.
*The following is Sourced from Kōura Wealth Emerging Markets Equities Fund Update
Returns
Fees
The total annual fees for investors in the Kōura Wealth Emerging Markets Equities Fund are 0.63% per year, but the administration fees are $30 p.a.
Investment mix
The investment mix shows the type of assets that the fund invests into.
Top ten investments
This table shows Kōura Wealth’s top 10 investments in the Emerging Markets Equities KiwiSaver fund, which make up 100% of the fund.
Kōura Wealth Rest of World Equities Fund
Kōura Wealth Rest of World Equities Fund invests in exposure to emerging markets including Eastern Europe, the Middle East, South America, Africa and Asia including China. The Rest of World Equities Fund has had a 3-months and 1-year return of -11.39% and -2.65%, higher than the 2-years return of 12.23%.
*The following is Sourced from Kōura Wealth Rest of World Equities Fund Update
Returns
Fees
The total annual fees for investors in the Kōura Wealth Rest of World Equities Fund are 0.63% per year, but the administration fees are $30 p.a.
Investment mix
The investment mix shows the type of assets that the fund invests into.
Top ten investments
This table shows Kōura Wealth’s top 10 investments in the Rest of World Equities KiwiSaver fund, which make up 100% of the fund.
Data for Kōura Wealth KiwiSaver funds have been sourced from Kōura Wealth KiwiSaver Funds. Past performance is not necessarily an indicator of future performance, and return periods may differ.
To see if Kōura Wealth has the appropriate fund that aligns with your values, retirement goals and situation, complete National Capital’s KiwiSaver Healthcheck.