Trans-Tasman Fund

The Castle Point Trans-Tasman Fund can invest in New Zealand and Australian Listed Companies.

How to Invest

To invest in this fund, click here to download the latest Product Disclosure Statement. Complete the application form inside and send it to us.  If you need any assistance e-mail us or call us on +64 (0) 9 300 6060.  We look forward to helping you with your investments.

Performance Objective

The Fund invests in New Zealand and Australian Listed Companies and is benchmarked to the S&P/NZX 50 Index (incl Imputation Credits).

The performance objective of the Fund is to outperform the benchmark over rolling three-year periods after all fees (and other expenses) but before tax.

Investment Strategy

The Fund primarily invests into a portfolio of New Zealand and Australian listed equities. While the Fund is expected to be fully invested into equities, it can hold some cash or cash equivalents. The following investment limits apply:

  • 75–100% – New Zealand equities
  • 0–25% – Australian equities
  • 0–10% – Cash and cash equivalents

The Fund is actively managed, which means that holdings and returns are likely to differ materially from the benchmark. We believe that superior returns can be generated by investing with a long-term perspective. This is because financial market investors are generally, in our opinion, biased towards short term performance resulting in the inefficient pricing of some assets.

Details

Fund Type NZ managed investment scheme. The fund is a Portfolio Investment Entity (“PIE”)
Supervisor Public Trust
Auditor Deloitte
Administration MMC
Establishment Date 20th November 2018
Objective S&P/NZX 50 Index (incl Imputation Credits)
Minimum Investment $10,000
Entry/Exit Fees Nil
Buy/Sell Spread 0.30% of each investment/withdrawal
Management Fee 1.05% per annum, plus any applicable GST, which covers our management fee and normal operating expenses of the Fund
Performance Fee Nil

Investment Ranges

  Range
New Zealand Equities 75-100%
Australian Equities 0-25%
Cash 0-10%

Independent Research Report

The Trans-Tasman Fund is rated AA by FundSource.  To view the research report please click here.

Please contact us if you would like more information.

 

Further Information

For further information on the Trans-Tasman Fund and to invest please download the latest Product Disclosure Statement lodged with the Registrar here.

Units in the Trans-Tasman Fund are issued by Castle Point Funds Management Limited.