ANZ Balanced Growth Fund

In their own words: "The Balanced Growth Fund invests mainly in growth assets (equities, listed property and listed infrastructure), with some exposure to income assets (cash and cash equivalents and fixed interest). 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 4.0% over inflation (allowing for a negative return 4.7 years in every 20)."

Not Mindful
Type: Growth fund
Past Returns: 6.55%

Average annual returns over the past 3 years, after fees and taxes. *indicates less than three years of data.

Annual Fees: 1.01%

Annual fees, including membership and % management fee.

A summary of this fund and it's details.

Number FND2185
Name ANZ Balanced Growth Fund
Risk profile Growth fund
Description The Balanced Growth Fund invests mainly in growth assets (equities, listed property and listed infrastructure), with some exposure to income assets (cash and cash equivalents and fixed interest). 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 4.0% over inflation (allowing for a negative return 4.7 years in every 20).
Value $2.3B NZD
Members 93,905
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 Tue Dec. 31st 2019
Fund started Mon Oct. 1st 2007
Three-year average return 6.55%
Market index past year return 18.83%
Past year return net charges and tax 18.08%
Past year return net of charges gross of tax 19.78%
Market index return since fund started 9.47%
Return since fund started net 8.06%
Total annual fund fees 1.01%
Total performance based fees 0.0%
Manager's basic fee 0.95%
Administration charges 0.06%
Total other charges 24.0
Total other charges currency NZD

This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to 30 September 2019.

The past annual returns for this fund. Please note that higher past returns do not always mean higher future returns.

Year Market Average Fund Annual Return
2019 6.87% 6.72%
2018 7.63% 6.39%
2017 8.87% 6.55%
2016 3.62% 3.89%
2015 13.73% 14.81%
2014 8.43% 9.05%
2013 12.00% 13.57%
2012 -1.50% 2.33%
2011 6.13% 6.18%
2010 23.64% 21.35%

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 September 2019.

Showing the top 10 investments for this fund:

  • Cash Deposit (J.P. Morgan USD)
    United States Cash and Equivalents A-1
    1.62%
  • Cash Deposit (ANZ Bank)
    New Zealand Cash and Equivalents A-1+
    1.39%
  • Visa Inc
    United States International Equities
    1.02%
  • Fisher and Paykel Healthcare
    New Zealand Australasian Equities
    0.86%
  • A2 Corp Limited
    New Zealand Australasian Equities
    0.83%
  • Medtronic Plc
    United States International Equities
    0.71%
  • Precinct Property NZ Ltd
    New Zealand Listed Property
    0.66%
  • Nestle Sa
    Switzerland International Equities
    0.64%
  • ASB Registered Certificate Of Deposit 09/03/20
    New Zealand Cash and Equivalents A-1+
    0.61%
  • Comcast Corp - Cls A
    United States International Equities
    0.61%

This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to 30 September 2019.

How the money in this fund is invested against the fund's targets.

Target

Actual


Type Target Actual
Cash and Cash Equivalents 6.0% 9.8%
New Zealand Fixed Interest 9.0% 7.13%
International Fixed Interest 20.0% 16.85%
Australasian Equities 14.0% 13.91%
International Equities 41.0% 41.98%
Listed Properties 8.0% 8.4%
Unlisted Properties 0.0% 0.0%
Unknown None% 0.0%
Other 3.0% 1.93%
Commodities 0.0% 0.0%

This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to 30 September 2019.

Key Personnel

This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to 30 September 2019.

Does this fund have a policy to exclude any industries from its investments? The first column shows if the fund has a policy to exclude the issue. The second column shows if there are any current investments (source: Mindful Money research).

The Fund may have investments that are not consistent with their exclusions policy because they are still in the process of implementing their policy.

  • Issue of concern
    Is it excluded?
    Portfolio analysis
  • Adult Entertainment/Pornography:
    0.00%
  • Alcohol:
    1.78%
  • Animal Testing:
    4.81%
  • Fossil Fuels:
    1.44%
  • Gambling:
    0.52%
  • GMOs:
    0.44%
  • Human Rights & Environmental Violations:
    1.73%
  • Palm Oil:
    0.00%
  • Tobacco:
    0.00%
  • Weapons:
    0.61%

This data is compiled by Mindful Money from the fund information and portfolios that each KiwiSaver fund has filed with the Disclose register to 30 September 2019 and Mindful Money analysis of funds within those portfolios. 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.

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.

Note that 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

Specific companies invested in:

Fossil Fuel

Oil Search Limited 0.21%
BHP Billiton Ltd 0.21%
Origin Energy Ltd 0.18%
Enbridge Inc 0.10%
Kinder Morgan Inc 0.09%
Viva Energy Group 0.09%
Koninklijke Vopak Nv 0.08%
Royal Dutch Shell 0.05%
Bp Plc 0.05%
Phillips 66 0.05%
Total Sa 0.04%
Valero Energy Corp 0.04%
Repsol Sa 0.04%
Chevron Corp 0.03%
Anglo American Plc 0.03%
Omv Ag 0.03%
Lukoil Pjsc-Spon Adr 0.03%
Pjsc Tatneft Adr 0.03%
China Petroleum 0.02%
Marubeni Corp 0.02%
Equinor Asa 0.02%
Motor Oil Sa 0.01%

Weapons

Safran Sa 0.24%
United Technologies 0.19%
Bae Systems Plc 0.04%
Textron Inc 0.03%
Raytheon Co 0.03%
Oshkosh Corp 0.03%
Leonardo Spa 0.02%
Rheinmetall Ag 0.02%

Gambling

Aristocrat Leisure 0.27%
Sky City Entertainment Group 0.19%
Sands China Limited 0.03%
Wynn Resorts Ltd 0.03%

Alcohol

Lvmh Moet Hennessy 0.46%
Diageo Plc 0.38%
Pernod-Ricard Sa 0.31%
Heineken Nv 0.17%
Anheuser-Busch 0.14%
Carlsberg As - B Shs 0.12%
Ambev Sa-Adr 0.06%
Ambev Sa 0.06%
Treasury Wine Est 0.05%
Molson Coors Brewing 0.02%

GMOs

Bayer Ag 0.32%
Nufarm Limited 0.12%

Human Rights & Environmental Violations

Nestle Sa 0.71%
Essity Aktiebolag-B 0.38%
Johnson & Johnson 0.25%
BHP Billiton Ltd 0.21%
Sempra Energy 0.06%
Royal Dutch Shell 0.05%
Chevron Corp 0.03%
Leonardo Spa 0.02%
Archer Daniels 0.02%

Animal Testing

Nestle Sa 0.710%
Lvmh Moet Hennessy 0.460%
Reckitt Benckiser 0.420%
Essity Aktiebolag-B 0.380%
Danone 0.330%
Bayer Ag 0.320%
Johnson & Johnson 0.250%
Unilever Nv Ord 0.240%
Akzo Nobel N.V 0.230%
Ppg Industries Inc 0.220%
Colgate Palmolive 0.210%
Koninklijke Dsm Nv 0.200%
Air Liquide 0.190%
Coca Cola Co 0.140%
Pepsico Inc 0.130%
Burberry Group Plc 0.100%
Royal Dutch Shell 0.050%
Glaxosmithkline Plc 0.050%
Walgreens Boots Alli 0.040%
Chevron Corp 0.030%
Solvay Sa 0.020%
Archer Daniels 0.020%
Bayer Motoren Werk 0.020%
Mitsubishi Gas Chem 0.020%
Sainsbury (J) Plc 0.010%

Download the fund's disclosure statement and portfolio holdings.

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