Koura Wealth Limited
Balanced Strategy
Koura KiwiSaver SchemeBalanced
What the provider says about this fund
The Balanced Strategy aims to replicate the equivalent of 60% growth and 40% income assets by investing in Koura Funds. The Balanced Strategy aims to provide steady long-term growth and is suitable for investors who can accept some variability in returns, balancing risk with potential gains.
1-year return
9.44%
5-year return p.a.
3.77%
Total annual fee
1.03%
Fund size ($m)
0.1
Members
44
Inception date
15 April 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
61.65%
Income assets
38.35%
| Asset class | Actual | Target | Average for Balanced funds |
|---|---|---|---|
| Australasian shares | 0.00% | 9.45% | 13.93% |
| Cash and equivalents | 11.34% | 10.00% | 7.91% |
| International bonds | 0.00% | 0.00% | 19.39% |
| International shares | 61.65% | 50.40% | 35.53% |
| New Zealand bonds | 27.01% | 30.15% | 18.91% |
Top 10 holdings
| Rank | Asset | Asset class | Asset type | Country | % of fund |
|---|---|---|---|---|---|
| 1 | JPMorgan Global REI Equity Active UCITS ETF | Shares | International Equities | GB | 61.63% |
| 2 | BNZ NZD Account | Cash | Cash and Cash Equivalents | NZ | 9.28% |
| 3 | NZLGFA 2.25% 15/05/2031 | Bonds | New Zealand Fixed Interest | NZ | 1.80% |
| 4 | DCTL 3.22% 27/11/2028 | Bonds | New Zealand Fixed Interest | NZ | 1.30% |
| 5 | MERINZ 5.4% 21/03/2030 | Bonds | New Zealand Fixed Interest | NZ | 1.06% |
| 6 | BZLNZ 5.8720% 01/09/2028 | Bonds | New Zealand Fixed Interest | NZ | 1.02% |
| 7 | NZLGFA 4.5% 15/05/2030 | Bonds | New Zealand Fixed Interest | NZ | 0.93% |
| 8 | DCTL 1.93% 18/04/2028 | Bonds | New Zealand Fixed Interest | NZ | 0.89% |
| 9 | NZLGFA 2.25% 15/05/2028 | Bonds | New Zealand Fixed Interest | NZ | 0.88% |
| 10 | KIWI 5.737% 19/10/2027 | Bonds | New Zealand Fixed Interest | NZ | 0.86% |
Fees
1.03% total annual fee
| Fee type | Fee | Cost per year on a $30,000 balance | Average for Balanced funds |
|---|---|---|---|
| Management fees | 0.77% | $231 | 0.77% |
| Other fees | 0.16% | $48 | 0.09% |
| Membership fees | 0.10% | $30 | 0.05% |
| Total combined fees | 1.03% | $309 | 0.91% |
Yearly returns
| Year ending | Fund return | Average for Balanced funds |
|---|---|---|
| 31 March 2026 | 9.44% | 6.36% |
Key personnel
| Name | Position | Time in role |
|---|---|---|
| David Moore | Investment Committee Member | 6 years, 11 months |
| Nigel Scott | Director, Investment Committee Member | 5 years, 4 months |
| Rupert Carlyon | Managing Director , Investment Committee Member | 7 years, 7 months |
| Warren Couillault | Chairman, Investment Committee Member | 6 years, 11 months |