ANZ Default KiwiSaver Scheme
ANZ Default Balanced Fund
In their own words: "The Balanced Fund invests in similar amounts of income assets (cash and cash equivalents and fixed interest) and growth assets (equities and listed property). The fund may also invest in alternative assets. The fund aims to achieve a positive yearly return (after the fund charge and before tax) that over the long-term is 3.3% over inflation (allowing for a negative return 4.2 years in every 20)."
At a glance:
Average annual returns over the past 3 years, after fees and taxes. *indicates less than three years of data.
Annual fees, including membership and % management fee.
A summary of this fund and it's details.
|Name||ANZ Default Balanced Fund|
|Risk profile||Balanced fund|
|Description||The Balanced Fund invests in similar amounts of income assets (cash and cash equivalents and fixed interest) and growth assets (equities and listed property). The fund may also invest in alternative assets. The fund aims to achieve a positive yearly return (after the fund charge and before tax) that over the long-term is 3.3% over inflation (allowing for a negative return 4.2 years in every 20).|
|Market index description||The market index annual return is calculated using the target investment mix and the indices of each asset class. Additional information about the market index is available in the statement of investment policy and objectives on the offer register.|
|Disclosure Statement Period||Sun Sept. 30th 2018|
|Fund started||Mon Oct. 1st 2007|
|Three-year average return||4.66%|
|Market index past year return||8.43%|
|Past year return net charges and tax||7.12|
|Past year return net of charges gross of tax||7.56|
|Market index return since fund started||7.93%|
|Return since fund started net||6.20%|
|Total annual fund fees||0.98|
|Total performance based fees||0.0|
|Manager's basic fee||0.9|
|Total other charges||24.0|
|Total other charges currency||NZD|
The past annual returns for this fund. Please note that higher past returns do not always mean higher future returns.
|Year||Market Index||Fund Annual Return|
The market index is the average NZ KiwiSaver return for funds of the same risk category, sourced from the Commission for Financial Capability's Sorted website. The fund information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to 30 June 2019.
Showing the top 10 investments for this fund:
NZ Govt Stock 6.0% 2021
New Zealand NZ Fixed Interest AA+1.17%
NZ Govt Stock 5.0% 2019
New Zealand NZ Fixed Interest AA+0.95%
NZ Govt Stock 3.0% 2020
New Zealand NZ Fixed Interest AA+0.92%
NZ Govt Stock 5.5% 2023
New Zealand NZ Fixed Interest AA+0.8%
BNZ Registered Certificate Of Deposit 16/10/18
New Zealand Cash and Equivalents A1+0.77%
Rabobank Registered Certificate Of Deposit 21/12/18
New Zealand Cash and Equivalents A10.75%
Cash Deposit (J.P. Morgan USD)
United States Cash and Equivalents A10.75%
United States International Equities0.73%
Cash Deposit (J.P. Morgan AUD)
Australia Cash and Equivalents A10.69%
Precinct Property NZ Ltd
New Zealand Listed Property0.63%
How the money in this fund is invested.
|Cash and Cash Equivalents||10.0%||11.15%|
|New Zealand Fixed Interest||12.0%||11.0%|
|International Fixed Interest||28.0%||25.69%|
The known proportion of this fund invested in the areas of concern that we track. The Fund may have investments that are not consistent with their exclusions policy because of timing issues or because there are companies of concern in indirect investments.
Human Rights & Environmental Violations:0.65%
This data has been compiled by Mindful Money from the portfolios that each KiwiSaver fund has filed with the Disclose register to 31 March 2019 and Mindful Money analysis of funds within those portfolio. The list of companies of concern has been drawn from ratings agencies and public sources, including the Norwegian Sovereign Fund, NZ Super Fund and research organisations.
Does this fund have a policy to exclude any industries from its investments?
Human Rights & Environmental Violations:
This data is compiled from Mindful Money analysis of Fund websites. Note that the Fund’s intended exclusions may not be consistent with the analysis of the portfolio because of timing issues or because there are companies of concern in indirect investments by the Fund.
Many KiwiSaver funds exclude controversial weapons. However, the category of Weapons used in this analysis is broader in scope, covering all munitions, firearms and military weapons.
Download the fund's disclosure statement and portfolio holdings.