Opens in a new tab
Salt
·
Australasian shares, Shares

Salt NZ Dividend Appreciation Fund

The Fund’s strategy is to invest in a portfolio of shares listed on the New Zealand share market that have high and sustainable dividend yields.

Risk indicator
5 out of 7

Higher numbers mean bigger ups and downs in value.

Estimated fund charge
1.09% p.a.

Set by the fund manager. No InvestNow account fees.

Minimum investment
$250

Or $50 per fund with a Regular Investment Plan.

Unit price
–

Buy/sell spread 0.20% / 0.20%.

About this fund

The Fund’s strategy is to invest in a portfolio of shares listed on the New Zealand share market that have high and sustainable dividend yields. Research suggests that companies that pay strong and sustainable dividends tend to have strong free cashflow generation that can be returned to shareholders or reinvested in their business. Such companies tend to outperform their index benchmarks in most timeframes excluding strong bull markets.

Before investing, read the Product Disclosure Statement and latest fund update.

Fund facts

Investment manager
Salt
Fund type
Managed fund (PIE)
Asset class
Australasian shares, Shares
Management style
Active
Inception date
30/06/2015
Fund size
$119.50M
Distributions
Semi-annually
Regular Investment Plan
Not available
InvestNow KiwiSaver
Available

Fund performance

Returns are shown after fund fees and before tax. Periods longer than one year are annualised.

Growth of $10,000

A growth chart isn't available for this fund yet.

 
1 month
3 months
1 year
3 years
5 years
10 years
Since inception
Salt NZ Dividend Appreciation Fund
-0.86%
1.29%
6.08%
11.45%
4.69%
8.25%
–

Past performance is not a guarantee of future returns. Returns exclude buy/sell spreads and transaction fees.

Fees and costs

InvestNow doesn’t charge account or administration fees. The fees below are set by the fund manager and are the same as investing with them directly.

Fee
Amount
What it means
Estimated annual fund charge
1.09% p.a.
Includes management and administration fees, deducted from the fund.
Performance fee
None
This fund doesn’t charge a performance fee.
Buy/sell spread
0.20% / 0.20%
A cost applied when you buy or sell units.
InvestNow account fees
None
No account or administration fees.

Fund documents

Read the Product Disclosure Statement and other fund information before you invest.

Product Disclosure Statement
PDF
Download
Salt logo
About the manager

Salt

Salt Funds Management has three managed funds on the InvestNow platform — including a listed property fund and two Australasian equity funds.

Learn more about Salt Funds Management, their investment options available to InvestNow customers plus access their latest news and updates.

View Salt
Man smiling at his phone beside a laptop

Ready to invest in Salt NZ Dividend Appreciation Fund?

Read the Product Disclosure Statement, then invest from $250, or from $50 per fund with a Regular Investment Plan.