BT Funds Management (NZ) Limited
High Growth Fund
Westpac KiwiSaver SchemeAggressive
What the provider says about this fund
The High Growth Fund aims to provide the highest long-term returns of any of the funds. It invests solely in growth assets. Volatility is expected to be the highest of the funds in the Westpac KiwiSaver Scheme.
1-year return
13.11%
5-year return p.a.
5.59%
Total annual fee
0.70%
Fund size ($m)
934.2
Members
35,808
Inception date
25 September 2024
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
99.25%
Income assets
0.75%
| Asset class | Actual | Target | Average for Aggressive funds |
|---|---|---|---|
| Australasian shares | 25.89% | 26.00% | 28.28% |
| Cash and equivalents | 0.75% | 0.00% | 1.31% |
| Commodities | 0.00% | 0.00% | 0.09% |
| International bonds | 0.00% | 0.00% | 0.17% |
| International shares | 67.89% | 68.00% | 59.89% |
| Listed property | 5.47% | 6.00% | 8.08% |
| New Zealand bonds | 0.00% | 0.00% | 0.17% |
| Unlisted property | 0.00% | 0.00% | 0.17% |
Top 10 holdings
| Rank | Asset | Asset class | Asset type | Country | % of fund |
|---|---|---|---|---|---|
| 1 | NVIDIA Corporation | Shares | International Equities | US | 3.63% |
| 2 | Fisher & Paykel Healthcare Ltd | Shares | Australasian Equities | NZ | 3.08% |
| 3 | Apple Inc. | Shares | International Equities | US | 2.67% |
| 4 | S&P500 E-Mini Future | Shares | International Equities | US | 2.16% |
| 5 | Microsoft Corporation | Shares | International Equities | US | 2.11% |
| 6 | Infratil Ltd | Shares | Australasian Equities | NZ | 2.03% |
| 7 | Alphabet Inc. Class A | Shares | International Equities | US | 1.79% |
| 8 | Auckland International Airport Ltd | Shares | Australasian Equities | NZ | 1.62% |
| 9 | Taiwan Semiconductor Manufacturing Co., Ltd. | Shares | International Equities | TW | 1.57% |
| 10 | Contact Energy Ltd | Shares | Australasian Equities | NZ | 1.39% |
Fees
0.70% total annual fee
| Fee type | Fee | Cost per year on a $30,000 balance | Average for Aggressive funds |
|---|---|---|---|
| Management fees | 0.70% | $210 | 0.71% |
| Other fees | 0.00% | $0 | 0.08% |
| Membership fees | 0.00% | $0 | 0.05% |
| Total combined fees | 0.70% | $210 | 0.85% |
Yearly returns
| Year ending | Fund return | Average for Aggressive funds |
|---|---|---|
| 31 March 2026 | 13.11% | 12.72% |
Documents
- Full portfolio holdings (spreadsheet)
- Latest fund update
- Other material information
- Other material information
- Other material information
- Other material information
- Product disclosure statement
- Statement of investment policy and objectives
- Statement of investment policy and objectives
- Statement of investment policy and objectives
Key personnel
| Name | Position | Time in role |
|---|---|---|
| Andrew Twidle | Chief Executive Officer � BT Funds Management (NZ) Limited | 4 months |
| Andrew Winter | Portfolio Manager Diversified Funds | 2 years, 2 months |
| Angelika Sansom | Investment Analytics Manager | 24 years, 7 months |
| Philip Houghton-Brown | Head of Investment Solutions | 5 years, 6 months |
| Stephen Hong | Senior Portfolio Manager | 13 years, 6 months |