Commonwealth International Series Trust - Commonwealth Australia/New Zealand Fund

Overview

The Commonwealth Australia/New Zealand Fund is a mutual fund that focuses on investments in Australian and New Zealand markets. It aims to provide long-term capital appreciation and current income by investing primarily in equity and debt securities from issuers based in these countries. Under normal market conditions, the fund allocates at least 80% of its net assets to these markets, offering investors exposure to diverse sectors such as resources, technology, financial services, agriculture, specialty manufacturing, and tourism. The fund's investment strategy involves selecting quality companies with strong valuations across various industries. It is managed by a team of investment experts who conduct thorough assessments and analyses of economies, markets, sectors, and securities to define clear objectives and investment strategies. The fund's portfolio includes holdings in companies like South Port New Zealand Limited, Infratil Limited, Freightways Group Limited, Mainfreight Limited, and Brambles Limited. Investors should be aware that the fund has a gross expense ratio of 2.86% and a net expense ratio of 2.86%. The minimum investment required is $200. As of March 31, 2026, the fund's one-year return was 17.44%, and its three-year return was 1.07%. The fund's inception date was November 25, 1991. Investors can access more information and manage their investments through the fund's official website.

Portfolio Companies