The above net asset value (NAV) is unaudited and net of fees and tax.
The NAV per share is calculated after deducting treasury stock (shares acquired under the Kingfish buyback programme)
currently nil. A performance fee payable to the Manager, relating to the previous financial year, is currently being accrued in the NAV.
The five largest portfolio holdings at 14 April 2021 are approximately as follows:
Mainfreight
18%
Fisher & Paykel Healthcare
16%
Infratil
14%
Summerset
8%
Auckland International Airport
7%
BACKGROUND
Kingfish is a listed investment company that invests in growing New Zealand companies. The Kingfish portfolio is managed by Fisher Funds, a specialist investment manager with a track record of successfully investing in growth company shares. The aim of Kingfish is to offer investors competitive returns through capital growth and dividends, and access to a diversified portfolio of investments through a single tax-efficient investment vehicle. Kingfish listed on NZX Main Board on 31 March 2004 and may invest in companies that are listed on a New Zealand stock exchange or unlisted companies.
Contact
Corporate Manager
Kingfish Limited
Tel +64 9 4840352
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Disclaimer
Kingfish Limited published this content on 15 April 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 15 April 2021 03:26:07 UTC.
Kingfish Limited is a New Zealand-based investment company. The Companyâs investment objectives is to achieve a high real rate of return, comprising both income and capital growth, within risk parameters acceptable to the directors, and provide access to a diversified portfolio of New Zealand quality growth stocks through a single tax-efficient investment vehicle. It invests as a medium to long-term investor, exiting only on the basis of a fundamental change in the original investment case. It invests in companies that have a proven track record of growing profitability and also constructs a diversified portfolio of investments based on the STEEPP investment criteria. It invests in various sectors, such as healthcare, industrials, utilities, consumer staples, financials and information technology. The Companyâs investment manager is Fisher Funds Management Limited.