The Fund is designed to provide investors with a regular income return generated through exposure to a diversified portfolio of loans secured against registered first mortgages on residential property across New Zealand. Loan exposure is obtained by investing in the Squirrel Wholesale Investment Funds scheme (“Squirrel Wholesale Funds”), whose funds obtain their loan exposure through investing via the Squirrel peer-to-peer (“P2P”) platform operated by Squirrel Money Limited (”Squirrel”). Assets of the Squirrel Wholesale Funds may include exposure to fractional and/or whole loans, as well as cash and cash equivalents.
| Value | $43.9M NZD |
| Period of data report | 31st Dec. 2024 |
| Fund started | 13th Oct. 2021 |
| Total annual fund fees | 2.14% |
| Total performance based fees | 0.0% |
| Manager's basic fee | 2.14% |
| Other management and administration charges | 0.0% |
| Total other charges | 0.0 |
| Total other charges currency | NZD |
|
David Tyrer |
Currently: Chief Operating Officer - Squirrel (5 years, 0 months)
|
|
Tim Bowen |
Currently: Chief Financial Officer - Squirrel (8 years, 6 months)
|
|
Doug Thomson |
Currently: Investor Relations Manager (4 years, 0 months)
|
This information has been sourced from the quarterly data that each fund has filed with Disclose register to 31st Dec. 2024.
Past annual returns for this fund are after fees and taxes. Please note that higher past returns do not always mean higher future returns.
| Year | Market Average | Fund Annual Return |
|---|---|---|
| 2024 | 14.61% | 5.4% |
| 2023 | -4.85% | 4.65% |
The market average is the average return for funds of the same risk category, sourced from the Commission for Financial Capability's Sorted website. The fund information has been sourced from the quarterly data that each fund has filed with Disclose register to 31st Dec. 2024.
Construction Loan Secured By Residential Dwelling (Bay Of Plenty)
New Zealand Other
Construction Loan Secured By Residential Dwelling (Waikato)
New Zealand Other
Cash and Cash Equivalents
New Zealand Cash and Equivalents
Construction Loan Secured By Residential Dwelling (Bay Of Plenty)
New Zealand Other
Construction Loan Secured By Residential Dwelling (Auckland)
New Zealand Other
Construction Loan Secured By Residential Dwelling (Northland)
New Zealand Other
Home Loan Secured By Residential Dwelling (Auckland)
New Zealand Other
Construction Loan Secured By Residential Dwelling (Auckland)
New Zealand Other
Construction Loan Secured By Residential Dwelling (Auckland)
New Zealand Other
Construction Loan Secured By Residential Dwelling (Auckland)
New Zealand Other
| Type | Target | Actual |
|---|---|---|
| Cash and Cash Equivalents | 1.5% | 1.94% |
| New Zealand Fixed Interest | 0.0% | 0.0% |
| International Fixed Interest | 0.0% | 0.0% |
| Australasian Equities | 0.0% | 0.0% |
| International Equities | 0.0% | 0.0% |
| Listed Properties | 0.0% | 0.0% |
| Unlisted Properties | 0.0% | 0.0% |
| Other | 98.5% | 98.06% |
| Commodities | 0.0% | 0.0% |
How the money in this fund is invested by asset type.
This information has been sourced from the quarterly data that each fund has filed with Disclose register to 31st Dec. 2024.
This data is compiled by Mindful Money from the fund information and portfolios
that each
fund has
filed with the Disclose register to 30th Sept. 2024 and Mindful Money
analysis of funds within those portfolios. The list of companies of concern has
been drawn from ratings agencies and public sources, including the Norwegian
Sovereign Fund, NZ Super Fund, Sustainalytics and research organisations.
Please note that companies may breach more than one of these areas of
concern.
The listing of companies of concern is based on definitions used in Mindful Money's
methodology. These definitions may
be different from the exclusions policy and definitions applied by the fund provider.
Mindful Money uses the term Mindful Funds as our standard
for ethical investment and responsible investment. This does not imply that
other funds are unethical or that the fund providers that do not meet these
standards are unethical providers.
The Fund is designed to provide investors with a regular income return generated through exposure to a diversified portfolio of loans secured against registered first mortgages on residential property across New Zealand. Loan exposure is obtained by investing in the Squirrel Wholesale Investment Funds scheme (“Squirrel Wholesale Funds”), whose funds obtain their loan exposure through investing via the Squirrel peer-to-peer (“P2P”) platform operated by Squirrel Money Limited (”Squirrel”). Assets of the Squirrel Wholesale Funds may include exposure to fractional and/or whole loans, as well as cash and cash equivalents.
| Value | $43.9M NZD |
| Period of data report | 31st Dec. 2024 |
| Fund started | 13th Oct. 2021 |
| Total annual fund fees | 2.14% |
| Total performance based fees | 0.0% |
| Manager's basic fee | 2.14% |
| Other management and administration charges | 0.0% |
| Total other charges | 0.0 |
| Total other charges currency | NZD |
|
David Tyrer |
Currently: Chief Operating Officer - Squirrel (5 years, 0 months)
|
|
Tim Bowen |
Currently: Chief Financial Officer - Squirrel (8 years, 6 months)
|
|
Doug Thomson |
Currently: Investor Relations Manager (4 years, 0 months)
|
This information has been sourced from the quarterly data that each fund has filed with Disclose register to 31st Dec. 2024.
Past annual returns for this fund are after fees and taxes. Please note that higher past returns do not always mean higher future returns.
| Year | Market Average | Fund Annual Return |
|---|---|---|
| 2024 | 14.61% | 5.4% |
| 2023 | -4.85% | 4.65% |
The market average is the average return for funds of the same risk category, sourced from the Commission for Financial Capability's Sorted website. The fund information has been sourced from the quarterly data that each fund has filed with Disclose register to 31st Dec. 2024.
Construction Loan Secured By Residential Dwelling (Bay Of Plenty)
New Zealand Other
Construction Loan Secured By Residential Dwelling (Waikato)
New Zealand Other
Cash and Cash Equivalents
New Zealand Cash and Equivalents
Construction Loan Secured By Residential Dwelling (Bay Of Plenty)
New Zealand Other
Construction Loan Secured By Residential Dwelling (Auckland)
New Zealand Other
Construction Loan Secured By Residential Dwelling (Northland)
New Zealand Other
Home Loan Secured By Residential Dwelling (Auckland)
New Zealand Other
Construction Loan Secured By Residential Dwelling (Auckland)
New Zealand Other
Construction Loan Secured By Residential Dwelling (Auckland)
New Zealand Other
Construction Loan Secured By Residential Dwelling (Auckland)
New Zealand Other
| Type | Target | Actual |
|---|---|---|
| Cash and Cash Equivalents | 1.5% | 1.94% |
| New Zealand Fixed Interest | 0.0% | 0.0% |
| International Fixed Interest | 0.0% | 0.0% |
| Australasian Equities | 0.0% | 0.0% |
| International Equities | 0.0% | 0.0% |
| Listed Properties | 0.0% | 0.0% |
| Unlisted Properties | 0.0% | 0.0% |
| Other | 98.5% | 98.06% |
| Commodities | 0.0% | 0.0% |
How the money in this fund is invested by asset type.
This information has been sourced from the quarterly data that each fund has filed with Disclose register to 31st Dec. 2024.
