Fisher Funds Plan Growth

Fisher Funds Plan Growth charges 1.2% in total fees and ranks 29th for one-year returns in its category, though it has climbed to 12th over five years. This is a substantial fund, holding just over $3 billion in member assets.

The allocation tilts heavily toward international shares at 56%, with Australasian shares making up a further 17%. The top holdings reveal a fund leaning into US technology and New Zealand infrastructure: Nvidia leads at 2%, followed by Apple, then Fisher & Paykel Healthcare. Infratil, Contact Energy and Auckland Airport all feature in the top ten, giving the portfolio a distinct local flavour alongside the Silicon Valley giants. Bonds account for around 18% of the fund, split between international and New Zealand fixed income, with a small allocation to listed property and minimal cash.

The growth asset allocation sits at 79%, consistent with the fund's high-risk mandate. Performance over three years places it 17th in the Growth category, with annualised returns of 12.1%. The five-year track record shows 7% per year, positioning the fund in the top half of its peer group over the longer term.

General information only, not financial advice. Past performance is not a reliable indicator of future results.