Rangatira Investments - Company Overview 2021-2022 - Flipbook - Page 4
OUR
HERITAGE
Rangatira has a rich and productive history of investing in
leading New Zealand companies. With a permanent asset
base, we invest for the long-term alongside business
owners to build superior companies and brands.
Our aim is to partner with the best business leaders
to grow New Zealand companies to generate dividend
income and asset growth for our partners and
shareholders.
Rangatira Investments was founded in 1937 by Sir John
Nelson Fisheries
Limited
Robert (JR) McKenzie. Its initial holding was a majority
interest in the McKenzie department store chain, which
he founded in 1909. JR set up Rangatira in a way to enable
its shares to be gifted to a series of charitable trusts, who
now form the majority of the shareholders. He divided the
management and creation of capital to Rangatira, and the
allocation of the funds to the trustees - a model that still
carries on today.
Throughout its history, Rangatira has been a key investor
during the formative stages of many iconic New Zealand
companies, including:
Below is a track record of our investment returns
as at September 2020
Period
Total shareholder
return p.a.
YTD
11.4%
1 year
3.9%
5 years
10.3%
10 years
13.8%