Kiwisaver Strategy

[iceman]

I think the concern Snoopy was that the Simplicity Growth and High Growth funds feature holdings of Simplicity Living in the top 5.
Growth it's number 2 and High Growth it's number 4.

Shane Brealey and Sam Stubbs are people who get things done. They make it very clear they want to do good things and that doesn't have to involve not making money for investors.

That's exactly right. Before I pulled out, my growth fund had these as the 10 biggest holdings from highest to lowest: Apple, Microsoft, Simplicity Living Ltd, Fisher & Paykel, Simplicity Home Mortgages, NVIDIA , Spark, Infratil, Meridian.
So it only held more Apple & Microsoft than Simplicity Living Ltd, which combined with Simplicity Home Mortgages was a bigger holding than F&P, Spark, Infratil and Meridian combined.
That is not a responsibly managed Kiwisaver growth fund in my view. I agree with posts on here that this is good work and some very well qualified people involved, but it has no place in my growth Kiwisaver fund.

[thegreatestben]

Shane has the right idea and was getting a lot done for Kainga Ora and Kiwibuild but he clearly got the ****s with those programmes being a handbrake.
Pairing up with Simplicity has allowed him to crack on, I've listened to and read alot about what they do and how they do it.

Both are very active and vocal on linked in if you don't already follow:

https://www.linkedin.com/in/shane-brealey-635373297/
https://www.linkedin.com/in/sam-stubbs-2783181a/

Shane and Anna are already very very rich and successful, originally I thought they were cashing out when they announced NZ living was becoming Simplicity Living. I had it all wrong and was letting my pessimism of the average housing developer influence my view. They are bringing the overseas model of BTR to NZ, if they fail it's because they won't be allowed to succeed rather than doing anything wrong.

[Snoopy]

Shane has the right idea and was getting a lot done for Kainga Ora and Kiwibuild but he clearly got the ****s with those programmes being a handbrake.
Pairing up with Simplicity has allowed him to crack on, I've listened to and read alot about what they do and how they do it.

Both are very active and vocal on linked in if you don't already follow:

https://www.linkedin.com/in/shane-brealey-635373297/
https://www.linkedin.com/in/sam-stubbs-2783181a/

I must say when I heard about Simplicity getting into 'Build to Rent', I thought "Do these guys really know what they are doing?" It is one thing to have an image about 'doing the right thing'. But it is quite another to bring such a project to successful fruition. It sounds like Sam Stubbs has teamed up with a pair who indeed 'do know what they are doing.' Reassurance I think for Simplicity customers 'who did not know'.

SNOOPY