Koura NZ Property Fund
NZ Property Fund is an aggressive KiwiSaver fund managed by Koura. It has 2,523 members and holds $3 million. It opened in 2022.
Fees and returns
- Annual fee
- 1.10% of your balance each year
- Return over 1 year
- −1.7% a year
- Return over 3 years
- −2.5% a year
Figures are after fees and tax, as at Q3 2026, sourced from the FMA Disclose Register.
What it invests in
Australasian equities 99%.
Largest holdings
- Summerset Group Holdings Ltd 14.3%
- Ryman Healthcare Ltd 13.65%
- Precinct Properties NZ Ltd 13.35%
Year by year
| Financial year | Return |
|---|---|
| 2025/26 | −1.7% |
| 2024/25 | −8.9% |
| 2023/24 | +3.4% |
About this fund
The Koura NZ Property Fund is a specialist fund that invests in the New Zealand listed-property market — listed real estate investment trusts and retirement-village operators — rather than the broad sharemarket. As a single-sector fund it can behave differently from general shares. Koura caps it at 10% of a member's KiwiSaver. It began in 2022 and carries an annual fund charge of 1.1%.