Simplicity NZ Limited
High Growth Fund
Simplicity KiwiSaver SchemeAggressive
What the provider says about this fund
The High Growth Fund provides investors with exposure to mostly growth assets (shares & property). There is a very limited exposure to income assets (cash).
1-year return
11.74%
5-year return p.a.
5.59%
Total annual fee
0.25%
Fund size ($m)
1522.6
Members
31,183
Inception date
28 April 2023
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
97.40%
Income assets
2.60%
| Asset class | Actual | Target | Average for Aggressive funds |
|---|---|---|---|
| Australasian shares | 19.19% | 16.30% | 28.28% |
| Cash and equivalents | 2.60% | 2.00% | 1.31% |
| International shares | 70.88% | 71.70% | 59.89% |
| Unknown | 0.00% | 0.00% | 0.00% |
| Unlisted property | 7.33% | 10.00% | 0.17% |
Top 10 holdings
| Rank | Asset | Asset class | Asset type | Country | % of fund |
|---|---|---|---|---|---|
| 1 | Simplicity Living Ltd Ordinary Shares | Property | Unlisted Property | NZ | 7.33% |
| 2 | NVIDIA Corp | Shares | International Equities | US | 4.73% |
| 3 | Apple Inc | Shares | International Equities | US | 4.25% |
| 4 | Microsoft Corporation | Shares | International Equities | US | 3.19% |
| 5 | Fisher & Paykel Healthcare Ltd | Shares | Australasian Equities | NZ | 2.97% |
| 6 | Amazon.Com Inc | Shares | International Equities | US | 2.33% |
| 7 | Alphabet Inc Class A | Shares | International Equities | US | 1.93% |
| 8 | Auckland International Airport Ltd | Shares | Australasian Equities | NZ | 1.75% |
| 9 | Broadcom Inc | Shares | International Equities | US | 1.67% |
| 10 | Infratil Ltd | Shares | Australasian Equities | NZ | 1.63% |
Fees
0.25% total annual fee
| Fee type | Fee | Cost per year on a $30,000 balance | Average for Aggressive funds |
|---|---|---|---|
| Management fees | 0.25% | $75 | 0.71% |
| Other fees | 0.00% | $0 | 0.08% |
| Membership fees | 0.00% | $0 | 0.05% |
| Total combined fees | 0.25% | $75 | 0.85% |
Yearly returns
| Year ending | Fund return | Average for Aggressive funds |
|---|---|---|
| 31 March 2025 | 6.45% | 4.58% |
| 31 March 2026 | 11.74% | 12.72% |
Documents
- Full portfolio holdings (spreadsheet)
- Latest fund update
- Latest fund update
- Other material information
- Other material information
- Other material information
- Other material information
- Other material information
- Other material information
- Product disclosure statement
- Statement of investment policy and objectives
Key personnel
| Name | Position | Time in role |
|---|---|---|
| Andrew Lance | Chief Investment Officer, Simplicity | 2 years, 1 month |
| Rob Everett | Director, Simplicity | 9 months |
| Sam Stubbs | Managing Director, Simplicity | 10 years |
| Shamubeel Eaqub | Chief Economist, Simplicity | 1 year, 6 months |