GoalsGetter Amova Growth

One in every seven dollars in this fund sits inside a single Australian-managed global share fund, with Nvidia and Amazon appearing again among the direct holdings alongside a tight cluster of New Zealand infrastructure and energy stocks.

ANZ Investments runs this 80 percent growth allocation with a distinctly concentrated approach. International shares account for 48 percent of the portfolio, Australasian shares another 23 percent, with the balance in bonds, listed property and cash. The top holding, Life Cycle Concentrated Global Share Fund, carries 15 percent of the fund on its own. Infratil, Fisher & Paykel Healthcare, Contact Energy, Meridian and Spark form the core of the domestic equity exposure. The fund sits at 22nd in its category over one year with an 8.2 percent return, 19th over three years at 12.0 percent annually, and 24th over five years at 4.3 percent. At 12.5 million dollars in total assets, this is a small fund. The total fee is 1.29 percent, which includes a 0.1 percent performance fee component.

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