koura Strategic High Growth

Nearly 98 percent of this fund sits in a single holding: the JPMorgan Global REI Equity Active UCITS ETF, a UK-domiciled international shares fund. That concentration is the story here, a deliberate choice to outsource almost all active management to JPMorgan's global equity team rather than build a diversified portfolio in-house.

The fund finished 5th in the Aggressive category over one year with a return of 14.4 percent. At $16.6 million in assets under management, it remains small, and the total fee of 1.1 percent—comprising a 0.85 percent management fee, 0.25 percent in other costs, and a 0.1 percent performance fee—sits at the higher end of the scale. The remaining assets are mostly cash, with a sliver of New Zealand bonds rounding out the portfolio.

This is a high-growth fund built for long time horizons, with 93 percent in growth assets and almost no exposure to Australasian shares. The structure is straightforward: one core international equity fund doing the heavy lifting, with minimal diversification beyond that. The track record is short, so there is no three- or five-year data yet to assess consistency.

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