Simplicity NZ Limited
Growth Fund
Simplicity KiwiSaver SchemeGrowth
What the provider says about this fund
The Growth Fund provides investors with a limited exposure to income assets, but most of its investments are in growth assets.
1-year return
10.06%
5-year return p.a.
6.01%
Total annual fee
0.25%
Fund size ($m)
2754.8
Members
44,370
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
79.80%
Income assets
20.20%
| Asset class | Actual | Target | Average for Growth funds |
|---|---|---|---|
| Australasian shares | 15.31% | 13.40% | 20.20% |
| Cash and equivalents | 6.80% | 4.00% | 6.14% |
| International bonds | 6.34% | 6.25% | 8.75% |
| International shares | 57.47% | 58.00% | 51.02% |
| New Zealand bonds | 7.06% | 9.75% | 7.35% |
| Unlisted property | 7.02% | 8.60% | 0.70% |
Top 10 holdings
| Rank | Asset | Asset class | Asset type | Country | % of fund |
|---|---|---|---|---|---|
| 1 | Simplicity Living Ltd Ordinary Shares | Property | Unlisted Property | NZ | 7.02% |
| 2 | NVIDIA Corp | Shares | International Equities | US | 3.83% |
| 3 | Apple Inc | Shares | International Equities | US | 3.45% |
| 4 | Microsoft Corporation | Shares | International Equities | US | 2.58% |
| 5 | Fisher & Paykel Healthcare Ltd | Shares | Australasian Equities | NZ | 2.27% |
| 6 | Amazon.Com Inc | Shares | International Equities | US | 1.89% |
| 7 | Alphabet Inc Class A | Shares | International Equities | US | 1.56% |
| 8 | Cash at Bank | Cash | Cash and Cash Equivalents | NZ | 1.45% |
| 9 | Broadcom Inc | Shares | International Equities | US | 1.35% |
| 10 | Auckland International Airport Ltd | Shares | Australasian Equities | NZ | 1.33% |
Fees
0.25% total annual fee
| Fee type | Fee | Cost per year on a $30,000 balance | Average for Growth funds |
|---|---|---|---|
| Management fees | 0.25% | $75 | 0.92% |
| Other fees | 0.00% | $0 | 0.10% |
| Membership fees | 0.00% | $0 | 0.05% |
| Total combined fees | 0.25% | $75 | 1.07% |
Yearly returns
| Year ending | Fund return | Average for Growth funds |
|---|---|---|
| 31 March 2018 | 8.19% | 7.38% |
| 31 March 2019 | 7.81% | 7.03% |
| 31 March 2020 | -2.59% | -3.37% |
| 31 March 2021 | 27.41% | 28.64% |
| 31 March 2022 | 3.22% | 2.17% |
| 31 March 2023 | -4.05% | -3.69% |
| 31 March 2024 | 16.04% | 14.25% |
| 31 March 2025 | 5.83% | 3.98% |
| 31 March 2026 | 10.06% | 7.60% |
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 |