Devon Funds Limited is an independent investment management business that specialises in building investment portfolios for our clients. Our highly qualified and experienced investment team is committed to helping investors achieve their desired investment results.

We believe our advantage lies in our people – a dedicated team of investment professionals with over 100 years combined experience in the investment industry. We’ve worked hard to assemble the right talent with the necessary skills to manage our client’s portfolios.

We take pride in the fact that Devon is independent and are not aligned to any other financial institution, being wholly owned by its employee. Our staff have personal holdings in the funds, ensuring our investment team’s decisions and our clients’ interests are aligned at all times. We manage in excess of $1 billion on behalf of a diverse range of leading New Zealand clients, including the New Zealand Superannuation Fund, Community Trusts, iwi, charities, KiwiSaver schemes, corporates pension schemes and individual investors.

devonfunds.co.nz

Devon Asset Management on InvestNow

Alpha

Objectives – The Fund aims to generate capital growth over the long term, and currency exposure is actively managed.

Strategy – The Fund invests in a concentrated portfolio of approximately 10-15 select companies listed on the New Zealand and Australian share markets. The Alpha Fund does not follow an equity index and is actively managed, which means that we make our own investment decisions rather than have the Alpha Fund passively follow an index. When appropriate investment opportunities cannot be identified, the Alpha Fund may hold cash or cash equivalent securities. The Alpha Fund aims to generate capital growth over the long term. The Fund is able to hold shares listed outside of Australasia and to short-sell shares (sell shares without owning them, on the expectation that prices will fall and could be purchased later for a lesser price).

Australian Fund

Objective – The Fund aims to generate capital growth over the long term by actively managing your Australian equity investments.

Strategy – The Fund invests in a select portfolio of approximately 25-35 companies which are primarily Australian listed companies. The Australian market offers exposure to a number of sectors that are not available in New Zealand. The Australian Fund is actively managed, which means the holdings and investment returns may differ considerably from its benchmark. While the Fund tends to be fully invested in shares, it may hold some cash or cash equivalent securities.

Dividend Yield Fund

Objective – The Fund invests in a well-researched portfolio of shares with the objective of generating an above market average dividend yield while providing some growth to maintain capital values in real terms.

Strategy – The Fund invests in a select portfolio of approximately 25-35 New Zealand and Australian listed equity securities chosen for their attractive dividend yields, with some growth prospects to maintain the dividend yield and capital value in real terms. The Dividend Yield Fund is actively managed, which means the holdings and investment returns may differ considerably from its benchmark.

Trans-Tasman Fund
Objective – The Trans-Tasman Fund aims to generate capital growth over the long term by actively managing your New Zealand and Australian equity investments.

Strategy – The Fund invests in a select portfolio of approximately 25-35 well researched companies which are primarily New Zealand and Australian listed companies. The Trans-Tasman Fund is actively managed, which means the holdings and returns may differ considerably from its benchmark. While the Trans-Tasman Fund tends to be fully invested in shares, when there are few compelling investment opportunities the Fund may hold some cash or cash equivalent securities.