Using the most recent returns from September 2021, we will examine QuayStreet recent KiwiSaver Performance.
QuayStreet KiwiSaver Scheme is a wholly-owned subsidiary of Craigs Investment Partners Limited and offers a range of diversified and sector-specific investment funds for investors. Their specialists seek to deliver investment returns for clients by actively managing the funds with an investment objective is to provide a return above benchmark returns for the long term.
Compared to the relatively serene and irrepressible year for global equities, September was a turbulent month. Troubling developments in China and a focus on controlling inflation as a primary goal of monetary policy by central banks caused most markets around the world to finish lower, and in turn, affected QuayStreets KiwiSaver funds.
Table of Contents
Performance of QuayStreet KiwiSaver Funds
Performance of QuayStreet KiwiSaver Funds
|
1 month |
1 year |
3 years |
5 years |
Since Inception |
|
|
Conservative |
-0.94% |
3.46% |
4.97% |
5.39% |
5.84% |
|
Balanced |
0.59% |
13.94% |
8.89% |
8.81% |
7.36% |
|
Growth |
1.35% |
18.98% |
10.78% |
10.71% |
8.25% |
Sourced from QuayStreet fund performance report
* These returns are to 31 October 2021 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 the 29th of October 2021.
QuayStreet Conservative Fund
The Quaystreet conservative fund invests in a diversified portfolio emphasising conservative assets such as fixed-interest investments. This fund is aimed at Quaystreet investors with a short term investment or low volatility capacity because the fund’s value is unlikely to fluctuate as much as the Balanced Fund or Growth Fund. The fund had a negative 1-month return(-0.94%) and a lowered 1-year return(3.46%) from the since inception return(5.84%).
*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 28.60% of the fund.
QuayStreet Balanced Fund
The Quaystreet balanced fund aims to create a diversified portfolio balancing fixed interest and growth assets such as shares. This fund’s value is likely to fluctuate more than the Pathfinder KiwiSaver Conservative Fund but less than the Pathfinder KiwiSaver Growth Fund, making The fund a choice for Quaystreet investors with a long investment horizon and low volatility capacity or vice versa. The fund had a small 1-month return(0.59%), and the fund has had a significantly larger 1-year return(13.94%) compared to the lower since inception return(7.36%).
*The following is Sourced from QuayStreet Quarterly Balanced fund update
Returns
Fees
The total annual fees for investors in the QuayStreet Balanced fund are 1.01% per year with a 0.03 performance fee.
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 28.36% of the fund.
QuayStreet Growth Fund
The quay street conservative fund invests in a diversified portfolio with an emphasis on growth assets. The fund value is likely to fluctuate more than the Balanced Fund or Conservative Fund, making the fund more ideal for investors with a long term investment or high volatility capacity than the previously mentioned funds. The fund has had a 1-month return of 1.35%, and there is a considerable 1-year return of 18.98% compared to the since inception return of 8.25%, showing the fund has had a good performance over the long term with small gains in the short-term.
*The following is Sourced from QuayStreet Quarterly Growth fund update
Returns
Fees
The total annual fees for investors in the QuayStreet Growth fund are 1.26% per year with a 0.05% performance fee.
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 27.92% of the fund.
QuayStreet KiwiSaver funds have 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.