The ACI Growth Fund aims to achieve a rate of return (net of fees but before tax) of at least 4.5% per annum above inflation (as measured by Statistics New Zealand’s Consumer Price Index) over the longer term. The Fund invests predominantly in growth assets such as New Zealand, Australian, international shares and property but includes some income assets. The long-term returns from the ACI Growth Fund are likely to be higher and less stable than those of the ACI Balanced Strategy.
Stewart Group Asset Management (Stewart Group) is the investment manager and distributor of the fund. As an investment manager, Stewart Group will be responsible for making decisions about what the fund invests in, in accordance with the Statement of Investment Policy and Objectives ("SIPO").
Further information can be obtained here
