Defined Portfolios
There are six Defined Portfolio Investment Options
The funds range from lower-risk investments heavily weighted towards income assets to more growth-orientated investments. Each fund has been carefully structured with the aim of delivering the best possible return for the relevant risk profile.
The Defined Portfolios funds are invested in the Defined Portfolios unit trusts which are unitised Portfolio Investment Entities (PIEs) and are established as unit trusts. Craigs Investment Partners Investment Management Limited, a wholly owned subsidiary of Craigs Investment Partners, manages the Defined Portfolios unit trusts.
You can build your START® account from one or, with the approval of the Manager more than one of our Defined Portfolios funds. However you cannot change the underlying securities of a fund. The list of securities within each Defined Portfolios fund is available on request.
A monthly fact sheet for each of the funds can be viewed on our Funds Management page.
Lower Risk
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Medium Risk
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| FIXED INTEREST FUND |
CONSERVATIVE FUND |
BALANCED FUND |
Investment Objective
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.
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Investment Objective
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. |
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Investment Objective
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 aim to restrict the downside risk of market falls. Investments in managed funds may be included if deemed appropriate.
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Higher Risk
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| BALANCED SRI FUND |
GROWTH FUND |
EQUITY FUND |
Investment Objective
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.
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Investment Objective
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.
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Investment Objective
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 that being those included in a particular index. The fund will invest predominantly in 'large cap' equities in recognised markets around the world. Listed funds, exchange traded funds and hedge funds may be included if deemed appropriate. |
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| Asset Class Key: |
| Income Asset: |
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Cash & Fixed Interest |
Growth Asset: |
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Property |
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NZ/Aust Equities |
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Global Equities |
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| Portfolio compositions may change from time to time at the discretion of Craigs Investment Partners Investment Management Limited |
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