QuayStreet Growth

QuayStreet Growth has led its category over both three and five years, a standout run that places it first among Growth funds on both measures. Over the past year it ranked 11th, with an 11.5 percent return, while its three-year return hit 16.4 percent and its five-year figure came in at 11.2 percent. The fund holds $400.5 million in assets and charges a total fee of 1.26 percent, comprising a 1.2 percent management fee, 0.07 percent in other fees, and a 0.1 percent performance fee.

The allocation tilts heavily toward international shares at 57.73 percent, with Australasian equities making up 18.12 percent and New Zealand bonds at 10.88 percent. Cash sits at 8.94 percent. The top holdings reveal a pronounced bet on US technology: Alphabet leads at 4.05 percent, followed by NVIDIA at 2.76 percent, Apple at 2.32 percent, and Microsoft at 2.24 percent. Amazon, Broadcom, and Meta also feature in the top ten, alongside BHP Billiton and Dutch semiconductor equipment maker ASML Holding. Growth assets account for 72 percent of the portfolio, a relatively moderate figure for a fund in this category.

The fund's structure reflects a concentrated approach to large-cap technology, with a performance fee tied to outcomes. Its long-term track record distinguishes it within the Growth category.

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