ANZ New Zealand Investments Limited
Balanced Fund
Oneanswer KiwiSaver SchemeBalanced
What the provider says about this fund
The Balanced Fund invests in similar amounts of income assets (cash and cash equivalents and fixed interest) and growth assets (equities, listed property and listed infrastructure). The fund may also invest in alternative assets. The Balanced Fund aims to achieve (after the fund charge and before tax) over the long term moderate returns, allowing for moderate ups and downs in value.
1-year return
6.53%
5-year return p.a.
2.98%
Total annual fee
0.88%
Fund size ($m)
601.6
Members
7,928
Inception date
1 October 2007
Risk indicator
The official Smart Investor risk indicator uses a scale from 1 to 7.
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7
Lower riskHigher risk
Investment mix
Growth assets
50.41%
Income assets
49.59%
| Asset class | Actual | Target | Average for Balanced funds |
|---|---|---|---|
| Australasian shares | 10.07% | 13.50% | 13.93% |
| Cash and equivalents | 8.52% | 14.00% | 7.91% |
| International bonds | 28.87% | 22.50% | 19.39% |
| International shares | 35.12% | 34.50% | 35.53% |
| New Zealand bonds | 12.20% | 15.50% | 18.91% |
Top 10 holdings
| Rank | Asset | Asset class | Asset type | Country | % of fund |
|---|---|---|---|---|---|
| 1 | Nvidia Corporation | Shares | International Equities | US | 1.28% |
| 2 | FNMA 30Yr Conventional 150534 0.00 TBA | Bonds | International Fixed Interest | US | 1.25% |
| 3 | Apple Inc | Shares | International Equities | US | 1.14% |
| 4 | Fisher and Paykel Healthcare | Shares | Australasian Equities | NZ | 1.10% |
| 5 | Bank Deposit (USD BNP) | Cash | Cash and Cash Equivalents | US | 0.74% |
| 6 | NZ Government Stock 15/05/2035 4.50 | Bonds | New Zealand Fixed Interest | NZ | 0.73% |
| 7 | Microsoft Corporation | Shares | International Equities | US | 0.72% |
| 8 | Westpac Banking NZ Floating Rate Note 06/07/2026 | Bonds | New Zealand Fixed Interest | NZ | 0.64% |
| 9 | NZ Government Bond 15/05/2036 4.25 | Bonds | New Zealand Fixed Interest | NZ | 0.63% |
| 10 | Infratil Ltd | Shares | Australasian Equities | NZ | 0.62% |
Fees
0.88% total annual fee
| Fee type | Fee | Cost per year on a $30,000 balance | Average for Balanced funds |
|---|---|---|---|
| Management fees | 0.84% | $252 | 0.77% |
| Other fees | 0.04% | $12 | 0.09% |
| Membership fees | 0.00% | $0 | 0.05% |
| Total combined fees | 0.88% | $264 | 0.91% |
Yearly returns
| Year ending | Fund return | Average for Balanced funds |
|---|---|---|
| 31 March 2017 | 5.11% | 6.00% |
| 31 March 2018 | 5.28% | 5.23% |
| 31 March 2019 | 5.90% | 5.82% |
| 31 March 2020 | -1.52% | -1.40% |
| 31 March 2021 | 18.02% | 18.18% |
| 31 March 2022 | 1.92% | 0.77% |
| 31 March 2023 | -3.40% | -2.77% |
| 31 March 2024 | 7.52% | 10.89% |
| 31 March 2025 | 2.72% | 4.36% |
| 31 March 2026 | 6.53% | 6.36% |
Documents
- Full portfolio holdings (spreadsheet)
- Latest fund update
- Other material information
- Other material information
- Other material information
- Other material information
- Product disclosure statement
- Product disclosure statement
- Statement of investment policy and objectives
- Statement of investment policy and objectives
Key personnel
| Name | Position | Time in role |
|---|---|---|
| George Crosby | Chief Investment Officer | 2 years, 1 month |
| Matthew Mobbs | Head of Fixed Interest and Cash | 2 months |
| Max Lesser | Head of Equities | 2 years, 10 months |
| Paul Gregory | Head of Investment Partnerships | 2 years |