Your Benefits


Craigs Investment Partners Defined Portfolios unit trusts are all PIEs and offer a convenient way to invest in professionally managed diversified portfolios.

The portfolios, managed by Craigs Investment Partners Investment Management Limited, are constructed based on our extensive in-house research, and provide a range of portfolios across a range of risk profiles.
 

Product Feature Benefit to You

Diversification

By investing in a pooled fund, investors gain exposure to investment opportunities that may not be possible on an individual level. Investors don’t have to invest large sums of capital to enjoy the diversification offered by our Defined Portfolios. Investors into one of our Defined Portfolios can contribute as little as $100 per month through a regular savings option.

Investing made Easy

PIEs make investing simple for investors, reducing the administration often associated with investing directly. Portfolios are priced daily and investors can withdraw their investments at any stage.

Tax Efficient

Individual investors in PIEs are taxed at their personal tax rate capped at 30%. In addition, income from a PIE is ‘tax paid’ and does not generally need to be included in personal tax returns.

Investment Approach

A consistent investment approach will be applied across all portfolios. It is intended that the individual investments held by the six portfolios will be the same – with asset allocation being the main differentiating factor between each. 

The portfolios will be modelled on the Craigs Investment Partners Core Portfolios, which are constructed by the Craigs Investment Partners Research Team and overseen by the Craigs Investment Partners Investment Committee. In line with our ‘buy and hold’ philosophy, it is intended that portfolio turnover will be kept to a minimum.

Range of Portfolio Options

Craigs Investment Partners and Craigs Investment Partners Investment Management Limited currently offer six diversified portfolios:

Fixed Interest Fund

The objective of the Fixed Interest Fund is to preserve capital while generating an income stream. The Fund will generally hold a diversified portfolio predominantly made up of New Zealand fixed interest and cash, including NZ Government stock, local authority stock, corporate bonds, term deposits, interest rate swaps, floating rate notes and forward rate agreements. The fund may also hold global fixed interest either directly, through exchange traded funds or approved managed funds. All global investments will be fully hedged to New Zealand dollars.

Conservative Fund

The objective of the Conservative Fund is to preserve capital while generating an income stream that is automatically re-invested. The Fund will generally hold a diversified range of investments predominantly made up of cash, bank bills, fixed interest, and corporate debt securities. These income assets serve to reduce the downside risk of the investment markets. Equities may also be held to provide a growth component to the Fund. Investments in managed funds may be included if deemed appropriate. 

Balanced Fund

The objective of the Balanced Fund is to grow the value of capital, by providing a mix of both capital growth and income. The Fund will generally hold a diversified range of investments made up of equities, New Zealand and international fixed interest based investments and cash. The income assets are included to restrict the downside risks of market falls. Investments in managed funds may be included if deemed appropriate.

Balanced SRI Fund

The objective of the Balanced Fund is to grow the value of capital, by providing a mix of both capital growth and income. The Fund will be restricted to companies and funds that are deemed to be Socially Responsible. On this basis, the Manager will invest in companies that it believes make a positive social or environmental contribution or that are endeavouring to operate in an environmentally and socially sustainable way.

Growth Fund

The objective of the Growth Fund is to grow the value of capital. The Fund will generally hold a diversified range of investments made up predominantly of equities. The Fund will also hold New Zealand and international fixed interest based investments and cash. Investments in managed funds may be included if deemed appropriate.

Equity Fund

The objective of the Equity Fund is to grow the value of capital. The fund will hold a diversified portfolio of listed equity investments. Securities will be chosen by the Manager rather than being those included in any particular index. The fund will invest predominantly in ‘large cap’ equities in recognized markets around the world. Listed funds, exchange traded funds and hedge funds may be included if deemed appropriate.

To understand more about the investment options available, click here to view our Defined Portfolios Investment Statement
 

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