Funds

Simplicity Homes and Income Investment Fund

Fund type: Conservative fund

Past Returns: *2.97%
Returns are the average of the latest 3 years of data reported, after fees and taxes. This fund does not yet have 3 years of data.
Annual Fees: 0.25%
Annual fees, including management and administration fees, but not membership fee. Please note that lower fees don’t always mean higher net returns.

Companies of Concern

This fund has no investments in issues of concern.

From the Fund Provider

  • About this fund

    About this Fund

    Fund type: Conservative fund

    Past Returns: *2.97%
    Returns are the average of the latest 3 years of data reported, after fees and taxes. This fund does not yet have 3 years of data.
    Annual Fees: 0.25%
    Annual fees, including management and administration fees, but not membership fee. Please note that lower fees don’t always mean higher net returns.

    In their own words

    The Homes and Income Investment Fund provides investors with an exposure to a mix of growth and income assets, with a focus on residential property.

    Value $44.9M NZD
    Period of data report 30th Sept. 2025
    Fund started 27th Oct. 2023
    Total annual fund fees 0.25%
    Total performance based fees 0.0%
    Manager's basic fee 0.25%
    Other management and administration charges 0.0%
    Total other charges 0.0
    Total other charges currency NZD

    Key Personnel

    Sam Stubbs

    Currently: Managing Director, Simplicity (9 years, 6 months)
    Previously: Chief Executive Officer, TOWER Investments (5 years, 1 months)

    Rob Everett

    Currently: Director, Simplicity (0 years, 3 months)
    Previously: Head of Advisory Committee, Revolut NZ (current) (0 years, 1 months)

    Andrew Lance

    Currently: Chief Investment Officer, Simplicity (1 years, 7 months)
    Previously: Chief Operating Officer, Simplicity (7 years, 8 months)

    Matthew Houtman

    Currently: Head of Private Capital, Simplicity (4 years, 10 months)
    Previously: Co-Managing Director, Pioneer Capital Management (16 years, 0 months)

    Shamubeel Eaqub

    Currently: Chief Economist, Simplicity (1 years, 0 months)
    Previously: Economist, Eaqub & Eaqub Limited (Current) (1 years, 10 months)

    This information has been sourced from the quarterly data that each fund has filed with Disclose register to 30th Sept. 2025.

  • Past Returns

    Past Returns

    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
    2025 3.79% 3.99%

    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 30th Sept. 2025.

  • Investments

    Top 10 Investments

    • Simplicity Living Ltd Ordinary Shares

      New Zealand Unlisted Property

      13.05%

    • Cash At Bank

      New Zealand Cash and Equivalents

      12.71%

    • Kiwibank Floating Rate Note 13 June 2028

      New Zealand Cash and Equivalents AA-

      10.05%

    • Westpac NZ Floating Rate Note 6 July 2026

      New Zealand Cash and Equivalents AA-

      4.87%

    • NZ Tax Traders 26 November 2025

      New Zealand Cash and Equivalents P-1

      3.22%

    • NZ Tax Traders 22 December 2025

      New Zealand Cash and Equivalents P-1

      3.21%

    • Rabobank NZ Floating Rate Note 19 June 2028

      New Zealand Cash and Equivalents AA-

      3.04%

    • Transpower Floating Rate Note 31 July 2028

      New Zealand Cash and Equivalents AA

      2.77%

    • Hamilton City Council 03/11/2025

      New Zealand Cash and Equivalents A1

      2.42%

    • Auckland City Council 05/12/2025

      New Zealand Cash and Equivalents A1+

      2.41%
    Type Target Actual
    Cash and Cash Equivalents 40.0% 76.77%
    New Zealand Fixed Interest 35.0% 10.18%
    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 25.0% 13.05%
    Other 0.0% 0.0%
    Commodities 0.0% 0.0%

    Investment Mix

    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 30th Sept. 2025.

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. 2025 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.

Issues of Concern

  • 0.0% Environmental Harm
  • 0.0% Fossil Fuels
  • 0.0% Animal Cruelty
  • 0.0% Human Rights Violations
  • 0.0% Social Harm
  • 0.0% Weapons

Companies of Concern

This fund has no investments in issues of concern.

About this Fund

Fund type: Conservative fund

Past Returns: *2.97%
Returns are the average of the latest 3 years of data reported, after fees and taxes. This fund does not yet have 3 years of data.
Annual Fees: 0.25%
Annual fees, including management and administration fees, but not membership fee. Please note that lower fees don’t always mean higher net returns.

In their own words

The Homes and Income Investment Fund provides investors with an exposure to a mix of growth and income assets, with a focus on residential property.

Value $44.9M NZD
Period of data report 30th Sept. 2025
Fund started 27th Oct. 2023
Total annual fund fees 0.25%
Total performance based fees 0.0%
Manager's basic fee 0.25%
Other management and administration charges 0.0%
Total other charges 0.0
Total other charges currency NZD

Key Personnel

Sam Stubbs

Currently: Managing Director, Simplicity (9 years, 6 months)
Previously: Chief Executive Officer, TOWER Investments (5 years, 1 months)

Rob Everett

Currently: Director, Simplicity (0 years, 3 months)
Previously: Head of Advisory Committee, Revolut NZ (current) (0 years, 1 months)

Andrew Lance

Currently: Chief Investment Officer, Simplicity (1 years, 7 months)
Previously: Chief Operating Officer, Simplicity (7 years, 8 months)

Matthew Houtman

Currently: Head of Private Capital, Simplicity (4 years, 10 months)
Previously: Co-Managing Director, Pioneer Capital Management (16 years, 0 months)

Shamubeel Eaqub

Currently: Chief Economist, Simplicity (1 years, 0 months)
Previously: Economist, Eaqub & Eaqub Limited (Current) (1 years, 10 months)

This information has been sourced from the quarterly data that each fund has filed with Disclose register to 30th Sept. 2025.

Past Returns

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
2025 3.79% 3.99%

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 30th Sept. 2025.

Top 10 Investments

  • Simplicity Living Ltd Ordinary Shares

    New Zealand Unlisted Property

    13.05%

  • Cash At Bank

    New Zealand Cash and Equivalents

    12.71%

  • Kiwibank Floating Rate Note 13 June 2028

    New Zealand Cash and Equivalents AA-

    10.05%

  • Westpac NZ Floating Rate Note 6 July 2026

    New Zealand Cash and Equivalents AA-

    4.87%

  • NZ Tax Traders 26 November 2025

    New Zealand Cash and Equivalents P-1

    3.22%

  • NZ Tax Traders 22 December 2025

    New Zealand Cash and Equivalents P-1

    3.21%

  • Rabobank NZ Floating Rate Note 19 June 2028

    New Zealand Cash and Equivalents AA-

    3.04%

  • Transpower Floating Rate Note 31 July 2028

    New Zealand Cash and Equivalents AA

    2.77%

  • Hamilton City Council 03/11/2025

    New Zealand Cash and Equivalents A1

    2.42%

  • Auckland City Council 05/12/2025

    New Zealand Cash and Equivalents A1+

    2.41%
Type Target Actual
Cash and Cash Equivalents 40.0% 76.77%
New Zealand Fixed Interest 35.0% 10.18%
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 25.0% 13.05%
Other 0.0% 0.0%
Commodities 0.0% 0.0%

Investment Mix

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 30th Sept. 2025.

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. 2025 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.