Using the most recent returns from September 2021, we will examine Kōura Wealth’s recent KiwiSaver Performance.
Kōura Wealth is an all-digital advisory firm, established in October 2019. They manage six KiwiSaver Funds and have 2,173 KiwiSaver Members and over $20 million in Funds Under Management. Kōura Wealth has a 0.63% fee in addition to a $30 annual fee for members over the age of 18.
During September, the share market and Kōura Wealth’s KiwiSaver Funds had a drop in returns. This could be because of Covid restrictions, the market settling down after last year’s significant returns or other external factors. However, KiwiSaver investors shouldn’t worry as it’s natural for the market to fluctuate and doesn’t always indicate the performance of these funds long term.
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 US Equities Fund
Kōura Wealth Emerging Markets Equities Fund
Kōura Wealth Rest of World Equities Fund
Performance of Kōura Wealth KiwiSaver Funds
|
1 month |
6 months |
1 year |
2 years |
|
|
Cash |
0.09% |
0.15% |
0.25% |
0.22% |
|
Fixed Interest |
-2.65% |
-3.28% |
-4.87% |
-0.65% |
|
NZ Equities Fund |
-4.52% |
2.30% |
-0.72% |
18.4% |
|
US Equities Fund |
0.85% |
10.06% |
27.77% |
10.51% |
|
Emerging Markets Equities Fund |
-1.58% |
1.24% |
13.77% |
6.14% |
|
Rest of the World Equities Fund |
-1.47% |
3.82% |
16.49% |
6.47% |
Sourced from Kōura Wealth Our Funds.
* These returns are to 30 November 2021 and are Historical returns per annum. 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 the 30th of September.
Kōura Wealth Cash Fund
The Fund provides a high degree of liquidity to investors close to buying a house and is not expected to deliver a negative return. The Fund invests in New Zealand dollar bank deposits, term deposits and short-dated money market securities. The fund has had a small positive 1-month return of 0.09% that almost matches the fund’s 2-year return of 0.22%.
*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.
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
The Fund provides exposure to New Zealand Government and Corporate bonds. The Fund will invest in underlying funds which provide exposure to New Zealand Government and Corporate Bonds or underlying securities, which will be managed directly by Kōura Wealth Wealth with the assistance of Kōura Wealth’s strategic partner Hobson Wealth Partners. The fund has a negative 1-month return of -2.65% along with a negative 2-year return of -0.65%.
*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.
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 44.12% of the fund.
Kōura Wealth NZ Equities Fund
The Fund provides investors exposure to the New Zealand share market. The Fund achieves this by investing in underlying funds in the New Zealand share market or underlying securities. The fund has a negative 1-month return of -4.52% and a 2-year return of 18.4%.
*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.
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 60.54% of the fund.
Kōura Wealth US Equities Fund
The Fund provides investors exposure to the US share market. The Fund invests in underlying funds to provide this exposure. The fund has had a positive 1-month return of 0.85% and has a 2-year return of 10.51%.
*The following is Sourced from Kōura Wealth US Equities Fund Update
Returns
Fees
The total annual fees for investors in the Kōura Wealth US Equities Fund are 0.63% per year.
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 US Equities KiwiSaver fund, which make up 100% of the fund.
Kōura Wealth Emerging Markets Equities Fund
This Fund provides exposure to emerging markets including Eastern Europe, the Middle East, South America, Africa and Asia, including China. The Fund will invest underlying funds to provide this desired exposure. The fund has had a 1-month return of -1.58% and a 2-year return of 6.14%.
*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.
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
This Fund provides exposure to the share markets of Europe, Australasia, Singapore, Hong Kong, Japan and Israel. The Fund will invest in underlying funds to give this desired exposure. The Fund has had a 1-month return of 1.47% with a 2-year return of 6.47%.
*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.
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.