ANZ New Zealand Investments Limited
Balanced Growth Fund
ANZ KiwiSaver SchemeGrowth
What the provider says about this fund
The Balanced Growth Fund invests mainly in growth assets (equities, listed property and listed infrastructure), with some exposure to income assets (cash and cash equivalents and fixed interest). The fund may also invest in alternative assets. The Balanced Growth Fund aims to achieve (after the fund charge and before tax) over the long term moderate to high returns, allowing for moderate to large ups and downs in value.
1-year return
8.04%
5-year return p.a.
3.71%
Total annual fee
0.92%
Fund size ($m)
3870.4
Members
97,175
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
65.58%
Income assets
34.42%
| Asset class | Actual | Target | Average for Growth funds |
|---|---|---|---|
| Australasian shares | 13.23% | 18.30% | 20.20% |
| Cash and equivalents | 3.07% | 6.50% | 6.14% |
| International bonds | 23.44% | 19.20% | 8.75% |
| International shares | 45.69% | 44.70% | 51.02% |
| New Zealand bonds | 7.91% | 11.30% | 7.35% |
| Unknown | 0.00% | 0.00% | 0.00% |
Top 10 holdings
| Rank | Asset | Asset class | Asset type | Country | % of fund |
|---|---|---|---|---|---|
| 1 | Nvidia Corporation | Shares | International Equities | US | 1.66% |
| 2 | Apple Inc | Shares | International Equities | US | 1.48% |
| 3 | Fisher and Paykel Healthcare | Shares | Australasian Equities | NZ | 1.46% |
| 4 | FNMA 30Yr Conventional 150534 0.00 TBA | Bonds | International Fixed Interest | US | 1.05% |
| 5 | Microsoft Corporation | Shares | International Equities | US | 0.93% |
| 6 | Bank Deposit (USD BNP) | Cash | Cash and Cash Equivalents | US | 0.90% |
| 7 | Infratil Ltd | Shares | Australasian Equities | NZ | 0.83% |
| 8 | Auckland International Airport | Shares | Australasian Equities | NZ | 0.82% |
| 9 | Contact Energy Ltd | Shares | Australasian Equities | NZ | 0.77% |
| 10 | Amazon Com Inc | Shares | International Equities | US | 0.72% |
Fees
0.92% total annual fee
| Fee type | Fee | Cost per year on a $30,000 balance | Average for Growth funds |
|---|---|---|---|
| Management fees | 0.88% | $264 | 0.92% |
| Other fees | 0.04% | $12 | 0.10% |
| Membership fees | 0.00% | $0 | 0.05% |
| Total combined fees | 0.92% | $276 | 1.07% |
Yearly returns
| Year ending | Fund return | Average for Growth funds |
|---|---|---|
| 31 March 2017 | 6.55% | 8.61% |
| 31 March 2018 | 6.39% | 7.38% |
| 31 March 2019 | 6.72% | 7.03% |
| 31 March 2020 | -3.26% | -3.37% |
| 31 March 2021 | 23.61% | 28.64% |
| 31 March 2022 | 3.18% | 2.17% |
| 31 March 2023 | -3.71% | -3.69% |
| 31 March 2024 | 9.01% | 14.25% |
| 31 March 2025 | 2.53% | 3.98% |
| 31 March 2026 | 8.04% | 7.60% |
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 |