Giving flight to your children’s future
The Fledgling Fund has both investment and educational objectives. It aims to grow investors’ capital by investing in a hand-picked portfolio of quality New Zealand businesses, and at the same time, teach young and first-time investors about personal finance and financial markets. To make investing accessible, the Fledgling Fund accepts minimum investments of just $50 per month, or $500 as a one-off investment, allowing small investors to kick start their investment futures.
Investing in the Fledgling Fund provides a unique way for young children and teenagers to make provision for their own university or tertiary study fees. If a 5-year-old child started investing $50 each month from the day he started primary school, by the time he was old enough to enrol in a tertiary institution, he would have well over $13,000 to assist with enrolment fees (assuming an 8% annual rate of return).
The Fledgling Fund owns many of the same New Zealand companies as the successful New Zealand Growth Fund. The ideal company for the Fledgling Fund will be one that is expected to grow its profits and is in a position to distribute some of those profits to shareholders as an annual dividend. Although capital growth is our primary aim, we also want our investors to receive an annual dividend – sort of a reward for hanging in there each year!
Keen to learn more about this Fund?
- Request an information pack
- To find out more about the Fledgling Fund, please have a look at the Investment Statement.
- Read more about our STEEPP investing philosophy by clicking here.
- Fledgling Fund investors receive their own quarterly newsletter. To read the latest edition click here.
- Talk to one of our Client Services Managers on 0508 FISHER.
Current Unit Price (as at 02 February 2012) $1.1962
Fund Inception December 1999
How has the fund performed as at 31 January 2012
| |
 One Month |
Twelve Months |
Three Years* |
Five Years* |
Since Launch* |
Fledgling
(Average Annual Compound Return) |
+ 0.1% |
+ 4.5% |
+ 12.5% |
- 4.7% |
+ 1.8% |
|
|
|
|
|
|
Benchmark
(90 Day Bank Bill Rate) |
+ 0.2% |
+ 2.9% |
+ 3.0% |
+ 5.2% |
|
|
|
|
|
|
|
* Annualised
Fund Performance as at 31 January 2012
Graph illustrates cumulative increase in unit price (after fees and tax)
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Company Name
|
Web Address
|
Stock Code
|
| Abano Healthcare |
http://www.abanohealthcare.co.nz/ |
ABA |
|
Delegats
|
|
DLG
|
| Fisher & Paykel Healthcare |
www.fphcare.com |
FPH |
|
Freightways
|
|
FRE
|
|
Infratil
|
|
IFT
|
|
Mainfreight
|
|
MFT
|
|
Metlifecare
|
|
MET
|
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Michael Hill
|
|
MHI
|
|
NZ Exchange
|
|
NZX
|
|
Opus International
|
|
OIC
|
|
Pumpkin Patch
|
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PPL
|
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Ryman Healthcare
|
|
RYM
|
| Tower |
http://tower.co.nz/ |
TWR |
|
Wakefield Health
|
|
WFD
|
To find out more about what these companies do and why we like them
click here.
 |
Carmel Fisher, Managing Director
Carmel has more than 20 years’ experience in the New Zealand share market. She spent her early career with two sharebroking firms before moving to Prudential Assurance in 1988. She was responsible for managing several share funds including the top-performing Emerging Companies Trust. Carmel joined Sovereign Assurance in 1994 to head its fund management division and left in August 1998 to set up Fisher Funds. Carmel is responsible for overseeing the New Zealand portfolios. ... [email] |
 |
Murray Brown, Senior Investment Analyst
Murray is predominantly responsible for researching New Zealand companies in the New Zealand portfolios. Murray’s career prior to joining Fisher Funds in March 2008 has predominantly been in sharebroking, most recently with First NZ Capital where he was Director of Research. In the 2006 INFINZ/National Business Review Industry Awards, Murray was also a finalist in the Research Analyst of the Year Award. ... [email]
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For more detail on our investment strategy and application forms, please refer to our investment statement.
Our investment statement is available for download in PDF format. To download a copy click on the button below.
If you do not already have the free Acrobat Reader software you will need to download it from the Adobe website before you can view and print our investment statement.
