Commentary

As of 31 October 2025

Market Overview

  • Broad-based global equity indexes pushed higher as markets weighed the trade-offs between tariffs, labour weakness, and geopolitical uncertainty versus deregulation, tax incentives, and Federal Fund Rate cuts.
  • Relative to the MSCI World Index, the Information Technology, Health Care, and Utilities sectors outperformed on balance in October, while the Materials, Real Estate, and Financial Services sectors lagged.

Fund Highlights

  • The fund returned 7.37% for the month, well ahead of the benchmark return of 0.80%.
  • Key contributors for the month include Advanced Micro Devices (AMD), Teradyne (TER) and Shopify (SHOP).
  • Key detractors for the month include Roblox (RBLX), DraftKings (DKNG) and BitMine Immersion Technologies (BMNR).

Performance

GoalsGetter KiwiSaver Scheme
Open Close

Performance

at 31 October 2025
One month Three months One year Three years (p.a) Five years (p.a)
Fund performance1 3.43% 16.08% 75.29% 31.07% -0.35%
Appropriate Market Index (AMI)2 6.30% 14.95% 36.22% 32.85% 22.66%
  1. Returns are before tax and after the deduction of fees and expenses and including tax credits (if any).
  2. AMI: NASDAQ-100 Notional Net Total Return Index in NZD.

AMI (appropriate market index) is a theoretical portfolio with similar underlying assets as the fund. This allows investors to see a comparison of how the value of those assets have changed in the market relative to the fund.  

Cumulative Returns Since Inception, $10,000 invested

GoalsGetter Amova ARK Disruptive Innovation Fund

Top 10 Holdings

Security Name Percentage
Tesla Motors Inc 8.76%
Robinhood Markets Inc 6.20%
Coinbase Global Inc 5.32%
Palantir Technologies Inc 4.84%
Shopify Inc 4.68%
Roku Inc 4.45%
Tempus Ai Inc 4.23%
Roblox Corp 4.13%
Advanced Micro Devices Inc. 4.07%
Teradyne Inc 3.41%

Fund documents for download

Full Fund Holdings