Simplicity NZ Limited
Balanced Fund
Simplicity KiwiSaver SchemeBalanced
What the provider says about this fund
The Balanced Fund provides investors with an exposure to a mix of growth and income assets.
1-year return
7.80%
5-year return p.a.
4.35%
Total annual fee
0.25%
Fund size ($m)
801.7
Members
14,373
Inception date
1 September 2016
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
58.80%
Income assets
41.20%
| Asset class | Actual | Target | Average for Balanced funds |
|---|---|---|---|
| Australasian shares | 11.39% | 10.00% | 13.93% |
| Cash and equivalents | 13.96% | 10.00% | 7.91% |
| International bonds | 14.59% | 14.50% | 19.39% |
| International shares | 42.43% | 42.75% | 35.53% |
| New Zealand bonds | 12.65% | 16.50% | 18.91% |
| Unlisted property | 4.98% | 6.25% | 0.46% |
Top 10 holdings
| Rank | Asset | Asset class | Asset type | Country | % of fund |
|---|---|---|---|---|---|
| 1 | Simplicity Living Ltd Ordinary Shares | Property | Unlisted Property | NZ | 4.98% |
| 2 | Cash at Bank | Cash | Cash and Cash Equivalents | NZ | 3.52% |
| 3 | NVIDIA Corp | Shares | International Equities | US | 2.83% |
| 4 | Apple Inc | Shares | International Equities | US | 2.55% |
| 5 | Fisher & Paykel Healthcare Ltd | Shares | Australasian Equities | NZ | 1.92% |
| 6 | Microsoft Corporation | Shares | International Equities | US | 1.91% |
| 7 | Amazon.Com Inc | Shares | International Equities | US | 1.40% |
| 8 | Westpac NZ FRN 6 July 2026 | Cash | Cash and Cash Equivalents | NZ | 1.30% |
| 9 | Alphabet Inc Class A | Shares | International Equities | US | 1.15% |
| 10 | Auckland International Airport Ltd | Shares | Australasian Equities | NZ | 1.13% |
Fees
0.25% total annual fee
| Fee type | Fee | Cost per year on a $30,000 balance | Average for Balanced funds |
|---|---|---|---|
| Management fees | 0.25% | $75 | 0.77% |
| Other fees | 0.00% | $0 | 0.09% |
| Membership fees | 0.00% | $0 | 0.05% |
| Total combined fees | 0.25% | $75 | 0.91% |
Yearly returns
| Year ending | Fund return | Average for Balanced funds |
|---|---|---|
| 31 March 2018 | 5.89% | 5.23% |
| 31 March 2019 | 6.71% | 5.82% |
| 31 March 2020 | -0.48% | -1.40% |
| 31 March 2021 | 19.40% | 18.18% |
| 31 March 2022 | 1.24% | 0.77% |
| 31 March 2023 | -3.66% | -2.77% |
| 31 March 2024 | 12.20% | 10.89% |
| 31 March 2025 | 4.88% | 4.36% |
| 31 March 2026 | 7.80% | 6.36% |
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 |