- Provider website
- Fund start date
20 August 2021
There are some aspects of this fund which may require extra consideration before deciding to invest.
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).
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).
Key facts
Here is what the provider says about this managed fund
“ Diversified fund aiming to provide capital growth over the long-term. It invests mainly in growth assets, but also includes some income assets. The underlying portfolio is actively managed and includes cash, fixed interest, infrastructure, Australasian equities, and international equities. Environmental, Social and Governance (ESG) and sustainability considerations are integrated into portfolio decision-making. ”
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.
Top 10 investments
These assets make up 45.41% of this fund.
| Asset | Asset class | Type | Country | % of Fund |
|---|---|---|---|---|
| MINT AUSTRALASIAN EQUITY FUND | Shares | Australasian equities | NZ | 12.75% |
| AFFIRMATIVE GLOBAL IMPACT BOND FUND - CLASS A | Bonds | International fixed interest | AU | 8.89% |
| KERNEL NZ 50 ESG TILTED FUND | Shares | Australasian equities | NZ | 8.49% |
| MERCER MACQUARIE NZ FIXED INTEREST PIE | Bonds | New Zealand fixed interest | NZ | 7.89% |
| MERCER MACQUARIE NZ CASH FUND | Cash | Cash and equivalents | NZ | 4.78% |
| PCG DIVERSIFIED NEW ZEALAND PRIVATE DEBT FUND | Bonds | New Zealand fixed interest | NZ | 2.61% |
Full list of investments this fund holds
AURORA GROWTH FUND (FND23936) Full portfolio holdings 30 Sep 2024.csv
A complete list of the fund's holdings
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 |
|---|---|---|
ManagementThis 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. |
1.50%
|
$150.00
|
OtherThis is a summary of other potential costs not covered in the categories displayed. |
0.00%
|
$0.00
|
Performance-basedThese fees are based on the performance of the fund or underlying fund. When the fund performs well, these will be higher. |
None
|
$0.00
|
MembershipYou pay this membership charge (a flat fee) each year, regardless of your balance or the fund's performance. |
0.36%
|
$36.00
|
Total combined feesThese 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. |
1.86%
|
$186.00
|
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.
Aurora Kiwisaver PDS - 16 Aug 24.pdf
How this investment works, including about the provider, risks, costs and potential returns
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
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- 2
- 3
- 4
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- 7
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.
Aurora Kiwisaver PDS - 16 Aug 24.pdf
How this investment works, including about the provider, risks, costs and potential returns
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 - Aurora - Growth - QFU.pdf
The quarterly update published by the provider
Complete asset portfolio
Browse through the complete list of investments held by this fund.
AURORA GROWTH FUND (FND23936) Full portfolio holdings 30 Sep 2024.csv
A complete list of the fund's holdings
Additional disclosure documents
These are more documents from the provider that can contain interesting information.
Aurora_KiwiSaver_Scheme_OMI_FINAL_1 July 2021.pdf
Aurora_KiwiSaver_Scheme_OMI_FINAL_1 September 2021.pdf
Aurora SRI Policy v1.0.pdf
Aurora MSM Policy v1.0.pdf
Aurora_SRI_Investment_Sept21.pdf
Aurora_Manager_Selection_Monitoring_Poilcy_Sept21.pdf
Aurora_Kiwisaver_Scheme_PDS_2_13_May2022.pdf
Aurora_Kiwisaver_Scheme_OMI_13_May2022.pdf
Aurora_KiwiSaver_Scheme_PDS_2 - 13 April 2023.pdf
Aurora_KiwiSaver_Scheme_OMI - 13 April 2023.pdf
Aurora_KiwiSaver Scheme_OMI - 21 August 2023.pdf
Aurora_KiwiSaver_OMI_Feb24.pdf
Aurora_Capital_Investment_Manager_Selection_Monitoring_Policy_Feb24.pdf
Aurora_Responsible_Investment_Feb24.pdf
Aurora Kiwisaver OMI - 16 Aug 24.pdf
Statement of investment policy and objectives (SIPO)
A SIPO tells you where the fund managers are coming from. It sets out the governance and management framework, philosophy, strategies and objectives for this investment.
Aurora KiwiSaver SIPO- 14 Aug 24.pdf
Strategies and objectives for this investment
Key personnel
These are the directors and employees who have the most influence on investment decisions for this fund.
| Name | Current position | Time in role |
|---|---|---|
| SEAN HENAGHAN | CIO & Director, Aurora Capital | 3 years, 5 months |
| IAN COATES | General Manager, Aurora Capital | 2 years, 7 months |
| THOMAS MCROBIE | Investment Analyst, Aurora Capital | 3 years, 5 months |
| GEORGE STEELE | Operations Lead | 2 years, 6 months |
Additional details
Manager details
Name
FUNDROCK NZ LIMITED
Type
NZ Limited Company
Website
NZBN
9429031398602
FSP Number
Supervisor
Name
PUBLIC TRUST
Fund details
Asset liquidity ratio
100.00%
Total value of fund
$222,524,770.00
Debt ratio
0.10%
Continuous issue
Yes
Default KiwiSaver
No
Lifecycle option
No
Multi-fund option
No
Schedule 1 exemption
No
FMA exemption
No
Number of members
8,699
Reference numbers
Fund
FND23936: AURORA GROWTH FUND
Offer
OFR13132: AURORA KIWISAVER SCHEME
Scheme
SCH13055: AURORA KIWISAVER SCHEME
Next steps
Want to know more about this investment or how it compares to others? Have a look at its peers.
Product disclosure statement
Take a deeper dive into the PDS, which has essential details about this offer and the company providing it. Here's more on how to read a PDS.
Fund update (most recent)
These are provided to members of the fund (usually once each quarter) to update them on its performance.
Getting investment advice
Good advice is gold. Everyone can benefit from expert advice, provided the adviser has your interests at heart. Here's how to find one and key questions to ask.
Interested in investing in this offer? Visit the provider's website. fundrock.com