Tax Treatment of Scholarship Benefit Payments

This update applies to Members of The Education Fund (New Zealand) and the Supplementary Education Program (New Zealand) only.

• Tax Treatment of Scholarship Benefit Payments in New Zealand

Statements of Investment Policy & Objectives (SIPOs)

Current SIPOs can be accessed on the Disclose Register under the relevant scheme’s governing documents at the following link. The SIPOs were last updated on 24 February 2021.

Quarterly Fund Updates

These documents tell you how each fund has performed and what fees were charged. The documents will help you to compare the Funds with other funds. Futurity Investment Group Limited (‘ASG’) prepared these updates in accordance with the Financial Markets Conduct Act 2013. This information is not audited and may be updated.

Quarterly Fund Updates for the last 2 years can be found below. Updates for earlier periods can be accessed on the Disclose Register under the relevant scheme’s governing documents at the following link.

30 September 2020

• The Education Fund (New Zealand)
• Supplementary Education Program (New Zealand)
• Pathway Education Fund (New Zealand)
• Lifelong Education Fund (New Zealand)
• Children’s Bursary Fund No.1 (New Zealand)
• Children’s Bursary Fund No.2 (New Zealand)
• Children’s Scholarship Fund No.1 (New Zealand)
• Children’s Scholarship Fund No.2 (New Zealand)
• Scholarship Benefit Fund (New Zealand)
• Student’s Education Fund No.1 (New Zealand)
• Student’s Education Fund No.2 (New Zealand)
• Secondary Scholarship Benefit Fund (New Zealand)
• Tertiary Education Cost Saver Fund (New Zealand)

30 June 2020

• The Education Fund (New Zealand)
• Supplementary Education Program (New Zealand)
• Pathway Education Fund (New Zealand)
• Lifelong Education Fund (New Zealand)
• Children’s Bursary Fund No.1 (New Zealand)
• Children’s Bursary Fund No.2 (New Zealand)
• Children’s Scholarship Fund No.1 (New Zealand)
• Children’s Scholarship Fund No.2 (New Zealand)
• Scholarship Benefit Fund (New Zealand)
• Student’s Education Fund No.1 (New Zealand)
• Student’s Education Fund No.2 (New Zealand)
• Secondary Scholarship Benefit Fund (New Zealand)
• Tertiary Education Cost Saver Fund (New Zealand)

31 March 2020

• The Education Fund (New Zealand)
• Supplementary Education Program (New Zealand)
• Pathway Education Fund (New Zealand) 
• Lifelong Education Fund (New Zealand)
• Children’s Bursary Fund No.1 (New Zealand)
• Children’s Bursary Fund No. 2 (New Zealand)
• Children’s Scholarship Fund No.1 (New Zealand)
• Children’s Scholarship Fund No.2 (New Zealand)
• Scholarship Benefit Fund (New Zealand)
• Student’s Education Fund No.1 (New Zealand)
• Student’s Education Fund No.2 (New Zealand)
• Secondary Scholarship Benefit Fund (New Zealand)
• Tertiary Education Cost Saver Fund (New Zealand)

31 December 2019

• The Education Fund (New Zealand)
• Supplementary Education Program (New Zealand)
• Pathway Education Fund (New Zealand) 
• Lifelong Education Fund (New Zealand)
• Children’s Bursary Fund No.1 (New Zealand)
• Children’s Bursary Fund No. 2 (New Zealand)
• Children’s Scholarship Fund No.1 (New Zealand)
• Children’s Scholarship Fund No.2 (New Zealand)
• Scholarship Benefit Fund (New Zealand)
• Student’s Education Fund No.1 (New Zealand)
• Student’s Education Fund No.2 (New Zealand)
• Secondary Scholarship Benefit Fund (New Zealand)
• Tertiary Education Cost Saver Fund (New Zealand)

30 September 2019

• The Education Fund (New Zealand)
• Supplementary Education Program (New Zealand)
• Pathway Education Fund (New Zealand) 
• Lifelong Education Fund (New Zealand)
• Children’s Bursary Fund No.1 (New Zealand)
• Children’s Bursary Fund No. 2 (New Zealand)
• Children’s Scholarship Fund No.1 (New Zealand)
• Children’s Scholarship Fund No.2 (New Zealand)
• Scholarship Benefit Fund (New Zealand)
• Student’s Education Fund No.1 (New Zealand)
• Student’s Education Fund No.2 (New Zealand)
• Secondary Scholarship Benefit Fund (New Zealand)
• Tertiary Education Cost Saver Fund (New Zealand)

30 June 2019

• The Education Fund (New Zealand)
• Supplementary Education Program (New Zealand)
• Pathway Education Fund (New Zealand) 
• Lifelong Education Fund (New Zealand)
• Children’s Bursary Fund No.1 (New Zealand)
• Children’s Bursary Fund No. 2 (New Zealand)
• Children’s Scholarship Fund No.1 (New Zealand)
• Children’s Scholarship Fund No.2 (New Zealand)
• Scholarship Benefit Fund (New Zealand)
• Student’s Education Fund No.1 (New Zealand)
• Student’s Education Fund No.2 (New Zealand)
• Secondary Scholarship Benefit Fund (New Zealand)
• Tertiary Education Cost Saver Fund (New Zealand)

31 March 2019

• The Education Fund (New Zealand)
• Supplementary Education Program (New Zealand)
• Pathway Education Fund (New Zealand)
• Lifelong Education Fund (New Zealand)
• Children’s Bursary Fund No.1 (New Zealand)
• Children’s Bursary Fund No. 2 (New Zealand)
• Children’s Scholarship Fund No.1 (New Zealand)
• Children’s Scholarship Fund No.2 (New Zealand)
• Scholarship Benefit Fund (New Zealand)
• Student’s Education Fund No.1 (New Zealand)
• Student’s Education Fund No.2 (New Zealand)
• Secondary Scholarship Benefit Fund (New Zealand)
• Tertiary Education Cost Saver Fund (New Zealand)

31 December 2018

• The Education Fund (New Zealand)
• Supplementary Education Program (New Zealand)
• Pathway Education Fund (New Zealand)
• Lifelong Education Fund (New Zealand)
• Children’s Bursary Fund No.1 (New Zealand)
• Children’s Bursary Fund No. 2 (New Zealand)
• Children’s Scholarship Fund No.1 (New Zealand)
• Children’s Scholarship Fund No.2 (New Zealand)
• Scholarship Benefit Fund (New Zealand)
• Student’s Education Fund No.1 (New Zealand)
• Student’s Education Fund No.2 (New Zealand)
• Secondary Scholarship Benefit Fund (New Zealand)
• Tertiary Education Cost Saver Fund (New Zealand)

Annual Reports

As at 30 June 2020

• The Education Fund (New Zealand)
• Supplementary Education Program (New Zealand)
• Children’s Bursary Fund (New Zealand)
• Children’s Scholarship Fund (New Zealand)
• Scholarship Benefit Fund (New Zealand)
• Student’s Education Fund (New Zealand)
• Secondary Scholarship Benefit Fund (New Zealand)
• Tertiary Education Cost Saver Fund (New Zealand)
• Pathway Education Fund (New Zealand)

As at 30 June 2019

• The Education Fund (New Zealand)
• Supplementary Education Program (New Zealand)
• Children’s Bursary Fund (New Zealand)
• Children’s Scholarship Fund (New Zealand)
• Scholarship Benefit Fund (New Zealand)
• Student’s Education Fund (New Zealand)
• Secondary Scholarship Benefit Fund (New Zealand)
• Tertiary Education Cost Saver Fund (New Zealand)
• Pathway Education Fund (New Zealand)