New Zealand Defence Force KiwiSaver Scheme
NZ Defence Force Balanced Fund
In their own words: "Invests in a wide range of assets. May be suitable for investors who want a diversified investment with exposure to shares, real assets, alternative assets, fixed interest and cash, who are comfortable with a higher degree of volatility in returns than can be expected from the Moderate fund and who can invest for the long term."
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, assuming $10,000 investment.
A summary of this fund and it's details.
|Name||NZ Defence Force Balanced Fund|
|Risk profile||Balanced fund|
|Description||Invests in a wide range of assets. May be suitable for investors who want a diversified investment with exposure to shares, real assets, alternative assets, fixed interest and cash, who are comfortable with a higher degree of volatility in returns than can be expected from the Moderate fund and who can invest for the long term.|
|Market index description||The composite index return is the strategic asset allocation weighted benchmark index return, where the benchmark indices are defined in the Statement of Investment Policy and Objectives. Additional information about the composite index is available on the offer register.|
|Disclosure Statement Period||Sun March 31st 2019|
|Fund started||Fri Oct. 9th 2015|
|Three-year average return||6.01%|
|Market index past year return||7.15%|
|Past year return net charges and tax||4.85|
|Past year return net of charges gross of tax||5.77|
|Market index return since fund started||7.16%|
|Return since fund started net||5.60%|
|Total annual fund fees||1.13|
|Total performance based fees||0.0|
|Manager's basic fee||0.68|
|Total other charges||30.0|
|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 31 March 2019.
Showing the top 10 investments for this fund:
AMP Capital Investors NZ Cash Fund
New Zealand Cash and Equivalents NA14.13%
Robeco Global Credit Fund
Australia Int Fixed Interest NA1.95%
New Zealand Government Bond 3% 15/04/2020
New Zealand NZ Fixed Interest AA+1.44%
First State Investments Global Listed Infrastructure Fund
New Zealand Other NA1.38%
Westpac Business Interest Account
New Zealand Cash and Equivalents AA-1.35%
New Zealand Government Bond 6% 15/05/2021
New Zealand NZ Fixed Interest AA+1.33%
BNP Paribas US Dollar Account
United States International Equities NA1.22%
The A2 Milk Company Limited
New Zealand Australasian Equities1.04%
New Zealand Government Bond 5.5% 15/04/2023
New Zealand NZ Fixed Interest AA+0.98%
New Zealand Government Indexed Bond 2% 20/09/2025
New Zealand NZ Fixed Interest AA+0.91%
How the money in this fund is invested.
|Cash and Cash Equivalents||10.0%||15.96%|
|New Zealand Fixed Interest||10.0%||8.98%|
|International Fixed Interest||25.0%||18.33%|
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:0.81%
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.
This information has been sourced from the six monthly data that each KiwiSaver fund has filed with Disclose register to 31 March 2019.