ANZ New Zealand Investments Limited
New Zealand Fixed Interest Fund
Oneanswer KiwiSaver SchemeDefensive
What the provider says about this fund
The New Zealand Fixed Interest Fund invests mainly in New Zealand fixed interest assets. Investments may include fixed interest assets in New Zealand dollars, or issued by New Zealand located or incorporated entities and hedged back to New Zealand dollars, and cash and cash equivalents. The New Zealand Fixed Interest Fund aims to achieve a return (after the fund charge and before tax) that over the long-term is broadly in line with the relevant market index.
1-year return
2.48%
5-year return p.a.
0.72%
Total annual fee
0.34%
Fund size ($m)
8.7
Members
273
Inception date
1 October 2007
Risk indicator
The official Smart Investor risk indicator uses a scale from 1 to 7.
Investment mix
Growth assets
0.00%
Income assets
100.00%
| Asset class | Actual | Target | Average for Defensive funds |
|---|---|---|---|
| New Zealand bonds | 100.00% | 100.00% | 28.46% |
| Unknown | 0.00% | 0.00% | 0.00% |
Top 10 holdings
| Rank | Asset | Asset class | Asset type | Country | % of fund |
|---|---|---|---|---|---|
| 1 | NZ Government Stock 15/05/2035 4.50 | Bonds | New Zealand Fixed Interest | NZ | 5.93% |
| 2 | NZ Government Bond 15/05/2036 4.25 | Bonds | New Zealand Fixed Interest | NZ | 5.16% |
| 3 | NZ Government Bond 14/04/2033 3.50 | Bonds | New Zealand Fixed Interest | NZ | 4.94% |
| 4 | NZ Government Bond 15/05/2034 4.25 | Bonds | New Zealand Fixed Interest | NZ | 4.74% |
| 5 | NZ Government Bond 15/05/2032 2 | Bonds | New Zealand Fixed Interest | NZ | 4.04% |
| 6 | Housing New Zealand Limited 18/10/28 | Bonds | New Zealand Fixed Interest | NZ | 3.47% |
| 7 | NZ Local Govt Funding Agency 15/04/26 1.50 | Bonds | New Zealand Fixed Interest | NZ | 2.99% |
| 8 | NZ Government Bond 15/05/2041 1.75 | Bonds | New Zealand Fixed Interest | NZ | 2.78% |
| 9 | ASB Bank Ltd 02/09/2030 4.10 | Bonds | New Zealand Fixed Interest | NZ | 2.61% |
| 10 | Westpac Banking NZ 19/11/2030 3.868 | Bonds | New Zealand Fixed Interest | NZ | 2.54% |
Fees
0.34% total annual fee
| Fee type | Fee | Cost per year on a $30,000 balance | Average for Defensive funds |
|---|---|---|---|
| Management fees | 0.30% | $90 | 0.46% |
| Other fees | 0.04% | $12 | 0.06% |
| Membership fees | 0.00% | $0 | 0.05% |
| Total combined fees | 0.34% | $102 | 0.57% |
Yearly returns
| Year ending | Fund return | Average for Defensive funds |
|---|---|---|
| 31 March 2017 | 0.90% | 1.52% |
| 31 March 2018 | 3.01% | 2.07% |
| 31 March 2019 | 4.32% | 2.39% |
| 31 March 2020 | 3.47% | 1.67% |
| 31 March 2021 | 1.00% | 1.64% |
| 31 March 2022 | -4.62% | -1.81% |
| 31 March 2023 | -1.06% | -0.19% |
| 31 March 2024 | 2.79% | 3.49% |
| 31 March 2025 | 4.29% | 3.79% |
| 31 March 2026 | 2.48% | 2.09% |
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 |
| Paul Gregory | Head of Investment Partnerships | 2 years |
| Scott Johnson | Assistant Fund Manager, Fixed Interest and Cash | 2 years, 11 months |
| Varun Khanna | Fund Manager Fixed Interest | 3 years, 1 month |