Using the most recent returns and fund update reports from December 2021, we will examine QuayStreet’s recent KiwiSaver Performance.
QuayStreet funds are currently complying with Socially Responsible Investment Policy and screening process to find a balance between the financial and social responsibility performances for an investment. Their investment approaches are sustainable business models, concentrated investments, and active approach.
The global equity markets have made strong gains as of December 2021 with many regional indices pushing to new record highs. By contrast, it has been a tough year for New Zealand bond market investors with rising interest rates being a consistent headwind for local companies throughout the year.
Table of Contents
Performance of QuayStreet KiwiSaver Funds
QuayStreet Socially Responsible Investment Fund
Performance of QuayStreet KiwiSaver Funds
|
1 month |
1 year |
3 years |
5 years |
Since Inception |
|
|
Income |
-0.32% |
2.06% |
4.31% |
4.99% |
5.64% |
|
Conservative |
-0.86% |
1.97% |
4.39% |
5.04% |
5.69% |
|
Balanced |
-2.47% |
9.20% |
8.42% |
8.07% |
7.16% |
|
Socially Responsible Investment |
-2.84% |
7.06% |
7.75% |
7.41% |
7.13% |
|
Growth |
-3.42% |
12.55% |
10.37% |
9.70% |
8.01% |
Sourced from QuayStreet fund performance report
*These returns are to 28 February 2022 and are before tax and 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 QuayStreet Quarterly Fund updates published on 14th February 2022.
QuayStreet Income Fund
The QuayStreet Income Fund invests in a diversified portfolio with a strong focus on income-producing assets like New Zealand and International fixed interest investments and derivatives. This fund may also include an allocation to growth assets such as listed property and equity securities. This fund had a negative 1-month return of -0.32% and a lower 1-year return of 2.06% compared to the since inception return of 5.64%
*The following is Sourced from QuayStreet Income Fund Update
Returns
Fees
The total annual fees for investors in the QuayStreet Income Fund are 0.77% per year.
Investment mix
The investment mix shows the type of assets that the fund invests into.
Top ten investments
This table shows QuayStreet’s top 10 investments in the Income KiwiSaver Fund, which make up 32.95% of the fund.
QuayStreet Conservative Fund
The QuayStreet Conservative Fund invests in a diversified portfolio that emphasises conservative assets such as fixed-interest investments. This fund is typically chosen by investors with a short investment horizon and low volatility tolerance, as it is not unlikely for the value to fluctuate as much as the Balanced Fund or Growth Fund. The fund also had a negative 1-month return (-0.86%) and the 1-year return (1.97%) is also lower than the since inception return (5.69%).
*The following is Sourced from QuayStreet Conservative Fund Update
Returns
Fees
The total annual fees for investors in the QuayStreet Conservative Fund are 0.76% per year.
Investment mix
The investment mix shows the type of assets that the fund invests into.
Top ten investments
This table shows QuayStreet’s top 10 investments in the Conservative KiwiSaver Fund, which make up 30.59% of the fund.
QuayStreet Balanced Fund
The QuayStreet Balanced Fund is a diversified portfolio with an equal mix of fixed interest and growth assets like shares. The Balanced Fund is likely to have higher volatility than Conservative Fund but not as volatile as Growth Fund. This fund might be suitable for investors with a long investment horizon but low volatility tolerance, or vice versa. Despite having had a negative 1-month return of -2.47%, it has a higher 1-year return of 9.20% compared to the since inception return of 7.16%.
*The following is Sourced from QuayStreet Balanced Fund Update
Returns
Fees
The total annual fees for investors in the QuayStreet Balanced Fund are 1.04% per year with a performance fee of 0.03%.
Investment mix
The investment mix shows the type of assets that the fund invests into.
Top ten investments
This table shows QuayStreet’s top 10 investments in the Balanced KiwiSaver Fund, which make up 29.34% of the fund.
QuayStreet Socially Responsible Investment Fund
The QuayStreet Socially Responsible Investment (SRI) Fund aims to have an environmentally and socially responsible diversified investment portfolio. QuayStreet SRI Fund invests in both income and growth assets in accordance with their SRI Policy. This fund can also vary between a growth and a balanced investment strategy. This fund had a 1-year return of 7.06% which is slightly lower than the since inception return of 7.13%.
*The following is Sourced from QuayStreet Socially Responsible Investment Fund Update
Returns
Fees
The total annual fees for investors in the QuayStreet Socially Responsible Investment Fund are 1.03% per year.
Investment mix
The investment mix shows the type of assets that the fund invests into.
Top ten investments
This table shows QuayStreet’s top 10 investments in the Socially Responsible Investment KiwiSaver Fund, which make up 33.82% of the fund.
QuayStreet Growth Fund
The QuayStreet Growth Fund invests in a diversified portfolio emphasising growth assets like shares. This fund is likely to have high volatility, therefore it is typically chosen by investors with longer investment horizon or those with higher volatility tolerance. Despite having the highest negative 1-month return compared to the other funds (-3.42%), the 1-year return of this fund (12.55%) is significantly higher than the since inception return (8.01%).
*The following is Sourced from QuayStreet Growth Fund Update
Returns
Fees
The total annual fees for investors in the QuayStreet Growth Fund are 1.31% per year with a performance fee of 0.05%.
Investment mix
The investment mix shows the type of assets that the fund invests into.
Top ten investments
This table shows QuayStreet’s top 10 investments in the Growth KiwiSaver Fund, which make up 29.52% of the fund.
Data for QuayStreet KiwiSaver funds has been sourced from QuayStreet KiwiSaver Funds. Past performance is not necessarily an indicator of future performance, and return periods may differ.
To see if QuayStreet has the appropriate fund that aligns with your values, retirement goals and situation, complete National Capital’s KiwiSaver Healthcheck.