Amova Asset Management New Zealand Limited
GoalsGetter Generate Balanced Fund
GoalsGetter KiwiSaver SchemeBalanced
What the provider says about this fund
The fund aims to provide a medium return over the medium term by investing in an actively managed portfolio made up of slightly more growth assets than income assets.
1-year return
3.68%
5-year return p.a.
3.77%
Total annual fee
1.59%
Fund size ($m)
1.8
Members
52
Inception date
9 May 2024
Risk indicator
The official Smart Investor risk indicator uses a scale from 1 to 7.
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Lower riskHigher risk
Investment mix
Growth assets
62.21%
Income assets
37.79%
| Asset class | Actual | Target | Average for Balanced funds |
|---|---|---|---|
| Australasian shares | 16.79% | 18.00% | 13.93% |
| Cash and equivalents | 4.73% | 5.00% | 7.91% |
| Commodities | 0.00% | 0.00% | 0.17% |
| International bonds | 6.98% | 12.25% | 19.39% |
| International shares | 41.36% | 40.00% | 35.53% |
| Listed property | 3.85% | 0.00% | 2.24% |
| New Zealand bonds | 26.08% | 22.75% | 18.91% |
| Unlisted property | 0.21% | 2.00% | 0.46% |
Top 10 holdings
| Rank | Asset | Asset class | Asset type | Country | % of fund |
|---|---|---|---|---|---|
| 1 | Generate Balanced Managed Fund | Fund | Fund | NZ | 99.67% |
| 2 | Cash and cash equivalents | Cash | Cash and Cash Equivalents | NZ | 0.33% |
Fees
1.59% total annual fee
| Fee type | Fee | Cost per year on a $30,000 balance | Average for Balanced funds |
|---|---|---|---|
| Management fees | 1.29% | $387 | 0.77% |
| Other fees | 0.20% | $60 | 0.09% |
| Performance fees | 0.00% | $0 | 0.00% |
| Membership fees | 0.10% | $30 | 0.05% |
| Total combined fees | 1.59% | $477 | 0.91% |
Yearly returns
| Year ending | Fund return | Average for Balanced funds |
|---|---|---|
| 31 March 2026 | 3.68% | 6.36% |
Documents
- Full portfolio holdings (spreadsheet)
- Latest fund update
- Other material information
- Other material information
- Other material information
- Other material information
- Other material information
- Product disclosure statement
- Product disclosure statement
- Product disclosure statement
- Product disclosure statement
- Product disclosure statement
- Statement of investment policy and objectives
Key personnel
| Name | Position | Time in role |
|---|---|---|
| James Rogers | Chief Operating Officer and member of the Investment Committee | 9 years |
| Sam Bryden | Head of Distribution and member of the Investment Committee | 3 years |
| Stuart Williams | Managing Director and Chair of Investment Committee | 3 years |