To follow is the monthly performance update for the month of November for CINSF member investments. For past monthly comparisons refer to the Fund Performance Tab at the top of the Website.
The results include the new investment options for the Conservative, Balanced, and Growth Funds. The third month performance of the two new funds shows another positive result, and this is largely due to gains made during the recent volatility in Global and New Zealand Markets. For members that have selected the new funds we would like to reinforce our guidelines that these funds are for long term investors that have completed their risk profiles and understand that markets rise and fall but take the long term approach to investing for their retirement.
Cook Islands National Superannuation Fund
| Cook Islands National Superannuation Fund1 | Conservative (Default)2 | Balanced | Growth |
| Growth Assets | $32,437,216 | $108,508 | $110,083 |
| Global Equities | $21,482,578 | $71,965 | $74,033 |
| New Zealand Equities | $10,954,638 | $36,543 | $36,050 |
| Income Assets | $72,124,158 | $70,078 | $26,995 |
| Global Fixed Interest | $57,780,456 | $56,079 | $21,594 |
| New Zealand Fixed Interest | $14,343,702 | $13,999 | $5,400 |
| Cash | $0 | $0 | $0 |
| Total Account | $104,561,374 | $178,586 | $137,078 |
1 The market values are net of all fees and expenses.
2 On 31 August 2015 the first applications were made into the new member investment choice options. The legacy fund was renamed the Conservative (Default) fund and the Balanced and Growth funds were created.
| Gross Returns in NZD1 | One Month | 3 Months | Fiscal YTD | 1 Year | 2 Years p.a | 3 Years p.a | Since Inception (September 2015) 2 | Since Inception (July 2010)3 |
| Conservative (Default) | 0.57% | 2.39% | 5.75% | 6.25% | 9.31% | 10.04% | n.a. | 10.30% |
| Balanced | 1.00% | 4.10% | n.a. | n.a. | n.a. | n.a. | 4.10% | n.a. |
| Growth | 1.27% | 5.17% | n.a. | n.a. | n.a. | n.a. | 5.17% | n.a. |
1 Historic performance returns prior to October 2012 have been calculated using performance reports produced by Onepath/ANZ Retail.
2 On 31 August 2015 the first applications were made into the new member investment choice options. The legacy fund was renamed the Conservative (Default) fund and the Balanced and Growth funds were created.
3 Inception date into the direct mandate with Russell Investments is 3 October 2012. Prior to this it was with Onepath/ANZ Retail.
| Gross Returns in NZD | One Month | 3 Months | Fiscal YTD | 1 Year | 2 Years p.a | 3 Years p.a | Since Inception (July 2010) |
| Global Equities1 | 1.02% | 5.37% | 8.03% | 7.41% | 11.53% | 18.23% | 15.25% |
| New Zealand Equities | 2.67% | 8.03% | 10.70% | 12.97% | 14.72% | n.a. | n.a. |
| Global Fixed Interest2 | 0.19% | 1.05% | 4.12% | 4.71% | 7.91% | 6.42% | 8.09% |
| New Zealand Fixed Interest | (0.11%) | 0.33% | 6.17% | 7.15% | 7.24% | n.a. | n.a. |
1 On 23 April 2013, CINSF transitioned its growth assets from the Russell World Equity Strategies Fund (WESF) to the Russell Global Opportunities Fund (RGOF) and to the Russell Investments Australasian Shares Fund (RIASF). Performance includes the returns for the WESF Fund to 23 April 2013 and for the RGOF and RIASF from 23 April 2013 to 30 April 2013. Effective 1 December 2014, the Russell Investments Australasian Shares Fund was renamed the Russell Investments NZ Shares Fund.
2 On 22 April 2013, CINSF transitioned its income assets from the Russell World Bond Fund to the Russell Global Bond Fund (RGBF) and Russell Investments NZ Fixed Interest Fund (RINZF). Performance includes the returns for the WBF to 22 April 2013 and for the RGBF and RINZF from 22 April 2013 to 30 April 2013.
Past performance is not necessarily indicative of future performance.
