BNZ Investment Services Limited
BNZ KiwiSaver High Growth Fund
BNZ KiwiSaver SchemeAggressive
What the provider says about this fund
The High Growth Fund invests primarily in growth assets, which generally have higher levels of risk with the potential for higher returns. It may also allocate investment to income assets, which generally have lower levels of risk and potential returns. It aims to achieve the highest returns of the Funds in the BNZ KiwiSaver Scheme over the long term.
1-year return
11.42%
5-year return p.a.
5.59%
Total annual fee
0.45%
Fund size ($m)
477.8
Members
15,490
Inception date
28 November 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
99.57%
Income assets
0.43%
| Asset class | Actual | Target | Average for Aggressive funds |
|---|---|---|---|
| Australasian shares | 32.94% | 33.00% | 28.28% |
| International shares | 66.63% | 67.00% | 59.89% |
Top 10 holdings
| Rank | Asset | Asset class | Asset type | Country | % of fund |
|---|---|---|---|---|---|
| 1 | Fisher & Paykel Healthcare Ltd | Shares | Australasian Equities | NZ | 5.33% |
| 2 | Infratil Ltd | Shares | Australasian Equities | NZ | 3.25% |
| 3 | NVIDIA Corp | Shares | International Equities | US | 3.23% |
| 4 | Apple Inc | Shares | International Equities | US | 2.89% |
| 5 | Auckland International Airport Ltd | Shares | Australasian Equities | NZ | 2.85% |
| 6 | Contact Energy Ltd | Shares | Australasian Equities | NZ | 2.51% |
| 7 | A2 Milk Company Ltd | Shares | Australasian Equities | NZ | 2.24% |
| 8 | Microsoft Corporation | Shares | International Equities | US | 2.17% |
| 9 | Mainfreight Ltd | Shares | Australasian Equities | NZ | 1.90% |
| 10 | Amazon.Com Inc | Shares | International Equities | US | 1.58% |
Fees
0.45% total annual fee
| Fee type | Fee | Cost per year on a $30,000 balance | Average for Aggressive funds |
|---|---|---|---|
| Management fees | 0.45% | $135 | 0.71% |
| Other fees | 0.00% | $0 | 0.08% |
| Membership fees | 0.00% | $0 | 0.05% |
| Total combined fees | 0.45% | $135 | 0.85% |
Yearly returns
| Year ending | Fund return | Average for Aggressive funds |
|---|---|---|
| 31 March 2025 | 6.66% | 4.58% |
| 31 March 2026 | 11.42% | 12.72% |
Key personnel
| Name | Position | Time in role |
|---|---|---|
| Andrew Bascand | Chair, Investment Committee | 1 year, 1 month |
| Hamish Pepper | Member, Investment Committee | 7 months |
| Murray Brown | Member, Investment Committee | 1 year, 1 month |
| Richard Ansell | Member, Investment Committee | 1 year, 1 month |