The objective of the NZ/Australia Share Fund is to achieve capital growth through a diversified portfolio of New Zealand and Australian Equities. Income generation is an important secondary objective.
The fund is managed on a "fully invested" basis predominantly, but not exclusively, in larger New Zealand (NZX50) and Australian (S&P/ASX200) listed companies.
The investment strategy is based on a conservative "buy and hold" philosophy, with low turnover of holdings. Investments are selected on the basis of long-term fundamentals, rather than in relation to index weightings. The fund is diversified across around twenty companies, with the maximum holding limited to 10% of the portfolio.
Cash holdings are held at or around the minimum level necessary to facilitate the fund's investment transactions and cash flow requirements.
For more information on the NZ/Australia Share Fund, including minimum investment, current statistics, fees and taxation.
If you would like to complete an application, please download the investment statement and print the document. Alternatively you can call us on 0800 PERPETUAL (0800 737 738) and we will send one to you.