Name: INVESTNOW RUSSELL INVESTMENTS GLOBAL SHARES FUND
Brand: FUNDROCK NZ LIMITED

There are some aspects of this fund which may require extra consideration before deciding to invest.

Single asset class

Single-class funds, also called "single-sector", hold only one kind of investment (e.g. just shares or just bonds).

See the mix for this investment

Mix data not available

There may be no data yet, or the data has issues. So this fund can't yet be compared to others, or to an average.

Mix

Fees

Fees shown here (in purple) are based on what you would pay over a year if you had $10,000 in this fund. Compare with the average fees for KiwiSaver funds (in grey).

Fees

Returns

Returns (in green) show how much this fund has grown in value in five years up to 30 September 2024 – after fees and taxes. Compare with the average KiwiSaver fund (in grey).

Returns

Compare with other KiwiSaver funds Product disclosure statement

Key facts

Here is what the provider says about this managed fund

“ Provides exposure to an international shares fund that is actively managed using a multi-manager approach ”

Provider website: fundrock.com
Fund start date: 05 October 2020

When can you get your money out?

This is a KiwiSaver fund, which means generally you can withdraw only to purchase a first home, after the age of 65 or in cases of financial hardship.

Mix

Mix not yet available – there may be no data yet, or the data has issues. So this fund can't yet be compared to others, or to an average.

Different mix, different result

As you invest, your mix (often called "asset allocation") is the most significant factor that will determine the results you get, including the ups and downs in value you experience. It's important to get right.

Choosing a specific mix is a way of dialling your risk up or down, depending on the amount of growth assets you take on board. The more risk you take on, the higher your returns are likely to be, although this is no sure thing. That's what risk is all about.

For the most appropriate mix for you and your situation (often called your "risk profile"), see Sorted's investor kickstarter for managed funds, or answer these three questions for KiwiSaver funds.

Top 10 investments

These assets make up 30.26% of this fund.

Asset	Asset class	Type	Country	% of Fund
S&P 500 EMINI 2412 F	Shares	International equities	US	15.71%
MICROSOFT CORP	Shares	International equities	US	2.93%
APPLE INC	Shares	International equities	US	2.07%
TAIWAN SEMICONDUCT MANUFACTURING USD	Shares	International equities	TW	2.04%
META PLATFORMS INC	Shares	International equities	US	1.77%
NVIDIA CORP	Shares	International equities	US	1.26%
ALPHABET INC CAP CL C	Shares	International equities	US	1.26%
AMAZON COM INC	Shares	International equities	US	1.09%
ALPHABET INC CAP STK CL A	Shares	International equities	US	1.08%
TAIWAN SEMICON MANUFACTURING CO LTD	Shares	International equities	TW	1.05%

Full list of investments this fund holds

INVESTNOW RUSSELL INVESTMENTS GLOBAL SHARES FUND (FND20547) Full portfolio holdings 30 Sep 2024.csv

A complete list of the fund's holdings

csv, 37 KB

Fees

Fees shown here (in purple) are based on what you would pay over a year if you had $10,000 in this fund. You can compare these with fees for the average KiwiSaver fund (in grey).

A comparison of averages is not available for this fund. See Mix details for more information.

Fees breakdown

Here's a breakdown of the different charges in this fund (in purple), compared to the average KiwiSaver fund (in grey).

Fee Type	% Over a Year	Amount Paid on a 10K Balance
Management This fee is charged to you by the fund manager on the fund or an underlying fund, and is based on a percentage of your balance.	0.73%	$73.00
Other This is a summary of other potential costs not covered in the categories displayed.	0.18%	$18.00
Performance-based These fees are based on the performance of the fund or underlying fund. When the fund performs well, these will be higher.	None	$0.00
Membership You pay this membership charge (a flat fee) each year, regardless of your balance or the fund's performance.	0.00%	$0.00
Total combined fees These are a total of management and administration charges and performance-based fees over a year. They do not necessarily include fees for activities like transferring or withdrawing.	0.91%	$91.00

Returns

For the past five years, this fund returned this average each year to investors (in green). This was after fees and taxes (28% PIR) were taken out. To compare, you can see the average return over the same time for all KiwiSaver funds (in grey).

A comparison of averages is not available for this fund. See Mix details for more information.

Yearly returns

These annual returns (in green) were for the 12 months up to 31 March 2024. You can compare them to the average KiwiSaver fund (in grey).

Risks

Specific risks for this fund

Chasing higher returns while investing always increases risks. Several kinds of risks, actually. It is important to evaluate whether the returns are worth it, whether you can cope, and whether this investment will in fact help you achieve your goals. Also, since the way an investment is structured can make it riskier, it's important to understand how it works.

You'll find the specific risks in the Risk section of the PDS, and here's more about understanding risk.

InvestNow KiwiSaver Scheme Diversified Funds #1 PDS - 29 November 2024.pdf

How this investment works, including about the provider, risks, costs and potential returns

pdf, 770 KB

Risk indicator

This is a gauge of how volatile this investment has been – how much it has gone up and down in value. It has been calculated based on the fund's five-year performance (or an appropriate market index if it has not been around that long).

The left side of this range of numbers indicates a Lower risk

The right side of this range of numbers indicates a Higher risk

The left side of this range of numbers indicates Potentially
lower returns

The right side of this range numbers indicates Potentially
higher returns

Key documents

These are the most important documents that a provider is required to file about this investment.

Product disclosure statement

Before you invest in a product like a fund, you are given a PDS which has essential details about it and the company providing it. Here's more on how to read a PDS.

InvestNow KiwiSaver Scheme Diversified Funds #1 PDS - 29 November 2024.pdf

How this investment works, including about the provider, risks, costs and potential returns

pdf, 770 KB

Fund update (most recent)

This update from the provider lets you see much of the same information shown here in Smart Investor: how this fund is performing, what it costs and the investments it currently holds.

20240930 - INKS - Russell Investments Global Shares - QFU.pdf

The quarterly update published by the provider

pdf, 556 KB

Complete asset portfolio

Browse through the complete list of investments held by this fund.

INVESTNOW RUSSELL INVESTMENTS GLOBAL SHARES FUND (FND20547) Full portfolio holdings 30 Sep 2024.csv

Name	Current position	Time in role
MIKE HEATH	Investment Committee Member	4 years, 6 months
ANTHONY EDMONDS	Investment Committee Member	4 years, 6 months
ANTHONY SOWERBY	Investment Committee Member	4 years, 6 months
JASON CHOY	Investment Committee Member	2 years, 2 months

INVESTNOW RUSSELL INVESTMENTS GLOBAL SHARES FUND

INVESTNOW KIWISAVER SCHEME

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Single asset class

Mix data not available

Mix

Fees

Returns

Key facts

Here is what the provider says about this managed fund

When can you get your money out?

Mix

Top 10 investments

Full list of investments this fund holds

INVESTNOW RUSSELL INVESTMENTS GLOBAL SHARES FUND (FND20547) Full portfolio holdings 30 Sep 2024.csv

Fees

Fees breakdown

Management

Other

Performance-based

Membership

Total combined fees

Returns

Yearly returns

Risks

Specific risks for this fund

InvestNow KiwiSaver Scheme Diversified Funds #1 PDS - 29 November 2024.pdf

Risk indicator

Key documents

Product disclosure statement

InvestNow KiwiSaver Scheme Diversified Funds #1 PDS - 29 November 2024.pdf

Fund update (most recent)

20240930 - INKS - Russell Investments Global Shares - QFU.pdf

Complete asset portfolio

INVESTNOW RUSSELL INVESTMENTS GLOBAL SHARES FUND (FND20547) Full portfolio holdings 30 Sep 2024.csv

Additional disclosure documents

InvestNow_KiwiSaver_Scheme_Australasian_Shares_Funds_PDS_06102020.pdf

InvestNow_KiwiSaver_Scheme_Cash_NZ_Fixed_Interest_Funds_PDS_06102020.pdf

InvestNow_KiwiSaver_Scheme_Diversified_Funds_#2_PDS_06102020.pdf

InvestNow_KiwiSaver_Scheme_Global_Fixed_Interest_Funds_PDS_06102020.pdf

InvestNow_KiwiSaver_Scheme_Global_Shares_Funds_PDS_06102020.pdf

InvestNow_KiwiSaver_Scheme_Property_Funds_PDS_06102020.pdf

InvestNow KiwiSaver Scheme OMI_05102020_Final.pdf

InvestNow_KiwiSaver_Scheme_Australasian_Shares_Funds_PDS_18_March_2021.pdf

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InvestNow_KiwiSaver_Scheme_Australasian_Shares_Funds_PDS_FINAL_19_April_2021.pdf

InvestNow_KiwiSaver_Scheme_Cash_NZ_Fixed_Interest_Funds_PDS_FINAL_19_April_2021.pdf

InvestNow_KiwiSaver_Scheme_Diversified_Funds_#2_FINAL_PDS_19_April_2021.pdf

InvestNow_KiwiSaver_Scheme_Global_Fixed_Interest_Funds_PDS_FINAL_19_April_2021.pdf

InvestNow_KiwiSaver_Scheme_Global_Shares_Funds_PDS_FINAL_19_April_2021.pdf

InvestNow_KiwiSaver_Scheme_Property_Funds_PDS_FINAL_19_April_2021.pdf

InvestNow_KiwiSaver_Scheme_Diversified_Funds_#3_FINAL_PDS_19_April_2021.pdf

InvestNow_KiwiSaver_Scheme_Diversified_Funds_#2_FINAL_21 June 2021.pdf

InvestNow_KiwiSaver_Scheme_Global_Fixed_Interest_Funds_FINAL_21 June 2021.pdf

InvestNow KiwiSaver Scheme OMI_21062021_Final.pdf

InvestNow_KiwiSaver_Scheme_Australasian_Shares_Funds_PDS_5_July_2021.pdf

InvestNow_KiwiSaver_Scheme_Cash_NZ_Fixed_Interest_Funds_PDS_5_July_2021.pdf

InvestNow_KiwiSaver_Scheme_Diversified_Funds_#2_PDS_5_July_2021.pdf

InvestNow_KiwiSaver_Scheme_Global_Fixed_Interest_Funds_PDS_5_July_2021.pdf

InvestNow_KiwiSaver_Scheme_Global_Shares_Funds_PDS_5_July_2021.pdf

InvestNow_KiwiSaver_Scheme_Property_Funds_PDS_5_July_2021.pdf

InvestNow_KiwiSaver_Scheme_Diversified_Funds_#3_PDS_5_July_2021.pdf

InvestNow_KiwiSaver_Scheme_Diversified_Funds_#4_PDS_5_July_2021.pdf

InvestNow KiwiSaver Scheme OMI_05072021.pdf

InvestNow_KiwiSaver_Scheme_Australasian_Shares_Funds_PDS_21_July_2021.pdf

InvestNow_KiwiSaver_Scheme_Cash_NZ_Fixed_Interest_Funds_PDS_21_July_2021.pdf

InvestNow_KiwiSaver_Scheme_Diversified_Funds_#2_PDS_21_July_2021.pdf

InvestNow_KiwiSaver_Scheme_Global_Fixed_Interest_Funds_PDS_21_July_2021.pdf

InvestNow_KiwiSaver_Scheme_Global_Shares_Funds_PDS_21_July_2021.pdf

InvestNow_KiwiSaver_Scheme_Property_Funds_PDS_21_July_2021.pdf

InvestNow_KiwiSaver_Scheme_Diversified_Funds_#3_PDS_1_September_2021.pdf

InvestNow_KiwiSaver_Scheme_Diversified_Funds_#4_PDS_21_July_2021.pdf

InvestNow KiwiSaver Scheme OMI_21072021.pdf

InvestNow_KiwiSaver_Scheme_Diversified_Funds_#2_PDS_17_September_2021.pdf

InvestNow_KiwiSaver_Scheme_Diversified_Funds_#4_PDS_17_September_2021.pdf

InvestNow_KiwiSaver_Scheme_Australasian_Shares_Funds_PDS_20_September_2021.pdf