Devon Trans-Tasman Fund

Click here to download the Devon Trans Tasman Fund Fact Sheet


The Trans-Tasman Fund invests in a high conviction portfolio of 25-35 well researched shares which are primarily New Zealand and Australian listed companies. The Fund is actively managed, which means the holdings may differ considerably from its composite 50:50 NZX50 and ASX200 index. While the Fund tends to be fully invested, when there are few compelling investment opportunities, the Fund may hold up to 50% cash or cash equivalent securities.

Investment Objective

The Fund aims to generate capital growth over the long term by actively managing your New Zealand and Australian equity investments.

Investment Approach

Investments in companies will tend to be in ones that operate in areas of the economy where we believe there is strong growth and the company has a sustainable competitive advantage over its competition. In addition, we will also seek out short-term investment opportunities.

Investment Limits

0 – 100% New Zealand shares

0 – 100% Australian shares

0 –  50% Cash

Suitability

Suitable for New Zealand investors who want an actively managed, concentrated, exposure to the New Zealand and Australian stock markets. Given the nature of this investment, we recommend a minimum investment period of at least five years.


The Lonsec Limited (“Lonsec”) ABN 56 061 751 102 rating (assigned July 2013) presented in this document is a “class service” (as defined in the Financial Advisers Act 2008 (NZ)) and based solely on consideration of the investment merits of the financial product(s). It is not a “personalised service” (as defined in the Financial Advisers Act 2008 (NZ)) and does not constitute a recommendation to purchase, sell or hold the relevant product(s), and you should seek independent financial advice before investing in this product(s). The rating is subject to change without notice and Lonsec assumes no obligation to update this document following publication. Lonsec may receive a fee from the fund manager for rating the product(s) using comprehensive and objective criteria.

A prospectus for the Devon Trans-Tasman Fund was registered with the Registrar of Financial Service Providers on 10 September 2013. A copy of the prospectus can be obtained (at no charge) by contacting Devon using the “Contact Us” tab. Alternatively the prospectus can be viewed online on the Companies Office website at www.business.govt.nz/companies under the file for Devon Funds Management Limited