AON KiwiSaver Scheme
AON Nikko Balanced Fund

In their own words: "To produce returns In excess of inflation by investing with a higher allocation to growth assets than income assets."

At a glance:

Not Mindful
Type: Growth fund
Past Returns: 6.68%

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

Annual Fees: 1.73%

Annual fees, including membership and % management fee, assuming $10,000 investment.

More information:

A summary of this fund and it's details.

Number FND1175
Name AON Nikko Balanced Fund
Risk profile Growth fund
Description To produce returns In excess of inflation by investing with a higher allocation to growth assets than income assets.
Value $9.6M NZD
Members 501
Market index description The market index return reflects a composite of benchmark index returns, weighted for the fund’s target asset allocation. The benchmark indices used for each asset class are defined in the Statement of Investment Policy and Objectives (SIPO).
Disclosure Statement Period Sun March 31st 2019
Fund started Wed Oct. 31st 2007
Three-year average return 6.68%
Market index past year return 9.81%
Past year return net charges and tax 5.36
Past year return net of charges gross of tax 5.99
Market index return since fund started 10.09%
Return since fund started net 8.00%
Total annual fund fees 1.73
Total performance based fees 0.0
Manager's basic fee 1.57
Administration charges 0.16
Total other charges 49.8
Total other charges currency NZD

This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to 31 March 2019.

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
2019 6.87% 5.36%
2018 7.63% 9.48%
2017 8.87% 5.19%
2016 3.62% 6.9%
2015 13.73% 13.0%
2014 8.43% 7.42%
2013 12.00% 10.13%
2012 -1.50% -0.15%
2011 6.13% 5.85%
2010 23.64% 17.77%

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 31 March 2019.

Showing the top 10 investments for this fund:

  • Nikko AM Wholesale Balanced Fund
    New Zealand Fund
    100.0%

This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to 31 March 2019.

How the money in this fund is invested.

Type Target Actual
Cash and Cash Equivalents 5.0% 5.0%
New Zealand Fixed Interest 18.0% 17.96%
International Fixed Interest 5.0% 5.01%
Australasian Equities 21.0% 21.21%
International Equities 26.0% 26.06%
Listed Properties 5.0% 5.2%
Unlisted Properties 0.0% 0.0%
Unknown None% 0.0%
Other 20.0% 19.56%
Commodities 0.0% 0.0%

This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to 31 March 2019.

Key Personnel

  • Amanda Beeslaar

    Currently: Principal and Head of Retirement Products, Aon New Zealand (1 years, 9 months)
    Previously: Principal and KiwiSaver Sales and Service Manager, Aon New Zealand (9 years, 4 months)

  • Enzo Cutrupi

    Currently: Director, Aon Saver Limited (1 years, 4 months)
    Previously: Principal and Head of Product and Investment, Aon Australia (current position) (6 years, 0 months)

  • Janet Hayden

    Currently: Director, Aon Saver Limited (6 years, 7 months)
    Previously: Director, Superannuation Management Nominees Limited (current position) (8 years, 11 months)

  • Simon Ferry

    Currently: Manager of Retirement & Financial Management, Aon New Zealand (1 years, 11 months)
    Previously: Retirement Business Leader, Mercer Hong Kong (4 years, 0 months)

  • Wesley Wong

    Currently: Director, Aon Saver Limited (0 years, 8 months)
    Previously: Legal Services Manager, Aon Australia (current position) (16 years, 0 months)

This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to 31 March 2019.

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.

  • Adult Entertainment/Pornography:
    0.00%
  • Alcohol:
    0.04%
  • Animal Testing:
    2.81%
  • Fossil Fuels:
    1.37%
  • Gambling:
    1.69%
  • GMOs:
    0.04%
  • Human Rights & Environmental Violations:
    0.03%
  • Palm Oil:
    0.00%
  • Tobacco:
    0.00%
  • Weapons:
    0.00%

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?

  • Adult Entertainment/Pornography:
  • Alcohol:
  • Animal Testing:
  • Fossil Fuels:
  • Gambling:
  • GMOs:
  • Human Rights & Environmental Violations:
  • Palm Oil:
  • Tobacco:
  • Weapons:

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.

This information has been sourced from the six monthly data that each KiwiSaver fund has filed with Disclose register to 31 March 2019.

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Before investing, consider your investment aims, your values and your risk preferences. You should read the Product Disclosure Statement for the investment fund carefully. It contains the fund’s investment objectives, risks, fees and other information which you should know before investing. This website has a list of the advisers that are registered with the Responsible Investment Association of Australasia. You should contact an investment adviser before investing if you have questions or if you are unclear about the implications of your investment decision.