Funds

ANZ Growth Fund

Total Ethical Concerns: 8.48%

The average total concerns of all managed growth funds is 5.45%.

Companies of Concern

  • Animal Cruelty 1.38%

    • Shell
      0.26%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.26%
    • Koninklijke Ahold Delhaize Nv
      0.20%
      0.20%
    • Orica Ltd.
      0.10%
      0.10%
    • Air Liquide
      0.09%
      0.09%
    • Dcc PLC
      0.09%
      0.09%
    • The Clorox Co.
      0.09%
      0.09%
    • L'Oréal SA
      0.08%
      0.08%
    • Hermès International Sca
      0.06%
      0.06%
    • 3M
      0.04%
      0.04%
    • Givaudan SA
      0.03%
      0.03%
    • Adeka Corp.
      0.02%
      0.02%
    • Eastman Chemical Co.
      0.02%
      0.02%
    • Ecolab, Inc.
      0.02%
      0.02%
    • Mitsubishi Gas Chemical Co., Inc.
      0.02%
      0.02%
    • Syensqo Nv
      0.02%
      0.02%
    • The Mosaic Co.
      0.02%
      0.02%
    • Henkel AG & Co. Kgaa
      0.01%
      0.01%
    • PPG Industries, Inc.
      0.01%
      0.01%
  • Human Rights Violations 1.28%

    • 0.42%
    • Wells Fargo
      0.23%
      0.23%
    • Rio Tinto
      0.19%
      0.19%
    • 0.14%
    • General Motors
      0.07%
      0.07%
    • Ubs
      0.05%
      0.05%
    • Ck Hutchison
      0.03%
      0.03%
  • Social Harm 0.61%

  • Fossil Fuels 5.02%

    • Contact Energy Ltd.
      0.97%
      1.5°C
      This company is on a 1.5°C pathway
      0.97%
    • BHP
      0.39%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.39%
    • Shell
      0.26%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.26%
    • Equinor Asa
      0.25%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.25%
    • 0.21%
    • Rio Tinto
      0.19%
      0.19%
    • National Grid PLC
      0.16%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.16%
    • Cheniere Energy, Inc.
      0.15%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.15%
    • Santos Ltd.
      0.15%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.15%
    • Ameren Corp.
      0.14%
      0.14%
    • Dominion Energy, Inc.
      0.14%
      0.14%
    • Edp-Energias De Portugal SA
      0.12%
      1.5°C
      This company is on a 1.5°C pathway
      0.12%
    • Entergy Corp.
      0.11%
      0.11%
    • Totalenergies Se
      0.11%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.11%
    • Orica Ltd.
      0.10%
      0.10%
    • American Electric Power Co., Inc.
      0.09%
      0.09%
    • Enbridge, Inc.
      0.09%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.09%
    • Galp Energia Sgps SA
      0.09%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.09%
    • Sempra Energy
      0.09%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.09%
    • Duke Energy Corp
      0.08%
      0.08%
    • Nisource, Inc.
      0.08%
      0.08%
    • Kinder Morgan, Inc.
      0.07%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.07%
    • Marathon Petroleum Corp.
      0.07%
      0.07%
    • Royal Vopak Nv
      0.07%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.07%
    • Evergy, Inc.
      0.06%
      0.06%
    • Enel
      0.05%
      1.5°C
      This company is on a 1.5°C pathway
      0.05%
    • Nrg Energy, Inc.
      0.05%
      0.05%
    • Centrica PLC
      0.04%
      0.04%
    • Consolidated Edison, Inc.
      0.04%
      0.04%
    • Pacificorp.
      0.04%
      0.04%
    • Ck Hutchison
      0.03%
      0.03%
    • Delta Air Lines, Inc.
      0.03%
      0.03%
    • Halliburton Co.
      0.03%
      0.03%
    • Hf Sinclair Corp
      0.03%
      0.03%
    • Inpex Corp.
      0.03%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.03%
    • Jefferies
      0.03%
      0.03%
    • Marubeni Corp.
      0.03%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.03%
    • Mitsui & Co., Ltd.
      0.03%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.03%
    • OMV AG
      0.03%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.03%
    • Repsol
      0.03%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.03%
    • Sojitz Corp.
      0.03%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.03%
    • Valero Energy Corp.
      0.03%
      0.03%
    • Viva Energy Group Ltd.
      0.03%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.03%
    • Altagas Ltd.
      0.02%
      0.02%
    • Enterprise Products Partners Lp
      0.02%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.02%
    • Oneok, Inc.
      0.02%
      0.02%
    • Osaka Gas
      0.02%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.02%
    • Phillips 66
      0.02%
      0.02%
    • Scorpio Tankers, Inc.
      0.02%
      0.02%
    • Cassa Depositi E Prestiti Spa
      0.01%
      0.01%
  • Weapons 0.1%

    • Sojitz Corp.
      0.03%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.03%
    • Canadian Tire Corp. Ltd.
      0.02%
      0.02%
    • Mueller Industries, Inc.
      0.02%
      0.02%
  • Environmental Harm 1.52%

    • BHP
      0.39%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.39%
    • Coca-Cola
      0.29%
      0.29%
    • Shell
      0.26%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.26%
    • Fonterra
      0.18%
      0.18%
    • Pepsico
      0.09%
      0.09%
    • Duke Energy Corp
      0.08%
      0.08%
    • 0.07%
    • 3M
      0.04%
      0.04%
    • Archer-Daniels Midland
      0.03%
      0.03%
    • Wh Group
      0.03%
      0.03%
    • Adeka Corp.
      0.02%
      0.02%
    • Agc Inc
      0.01%
      0.01%

Fund Provider Response

At ANZ, our approach to responsible investment includes ESG integration, stewardship, and exclusions. We integrate ESG considerations in our evaluation of companies and selection of external investment managers. We demonstrate stewardship through direct engagement and proxy voting and indirectly through the expectations we have of our external managers. We also exclude some companies and industries based on their involvement in specified activities, or for breaching global norms. Please see our website for further information on our approach to responsible investment: https://www.anz.co.nz/personal/investing-kiwisaver/about-anz-investments/responsible-investing/

From the Fund Provider

  • About this fund

    About this Fund

    The Growth Fund invests mainly in growth assets (equities, listed property and listed infrastructure), with a small exposure to income assets (cash and cash equivalents and fixed interest). The fund may also invest in alternative assets.The Growth Fund aims to achieve (after the fund charge and before tax) over the long term high returns, allowing for large ups and downs in value.

    Value $333M NZD
    Period of data report 31st March 2025
    Fund started 15th April 2010
    Total annual fund fees 1.04%
    Total performance based fees 0.0%
    Manager's basic fee 0.94%
    Other management and administration charges 0.1%
    Total other charges 0.0
    Total other charges currency NZD

    George Crosby

    Currently: Chief Investment Officer (1 years, 1 months)
    Previously: General Manager Portfolio Completion, New Zealand Superannuation Fund (2 years, 9 months)

    Mathew Young

    Currently: Deputy Chief Investment Officer (1 years, 0 months)
    Previously: Head of FX Strategy and Implementation, ANZ Bank New Zealand Limited (5 years, 1 months)

    Qing Ding

    Currently: Head of Asset Allocation (0 years, 7 months)
    Previously: Portfolio Manager, New Zealand Superannuation Fund (2 years, 2 months)

    Paul Gregory

    Currently: Head of Investment Partnerships (1 years, 0 months)
    Previously: Executive Director, Response and Enforcement, Financial Markets Authority (3 years, 4 months)

    This information has been sourced from the quarterly data that each fund has filed with Disclose register to 31st March 2025.

  • Past Returns

    Past Returns

    Past annual returns for this fund are after fees and taxes. Please note that higher past returns do not always mean higher future returns.

    Year Market Average Fund Annual Return
    2025 3.04% 2.4%
    2024 12.48% 10.57%
    2023 -4.05% -4.06%
    2022 1.38% 4.31%
    2021 27.68% 29.56%
    2020 -4.45% -5.4%
    2019 6.12% 7.28%
    2018 8.66% 7.36%
    2017 7.20% 7.69%
    2016 5.40% 3.7%

    The market average is the average 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 fund has filed with Disclose register to 31st March 2025.

  • Investments

    Top 10 Investments

    • Tba Umbs Single Family 30Yr 6.5 06/25

      United States Int Fixed Interest

      1.78%
    • Fisher and Paykel Healthcare Industries Ltd

      New Zealand Australasian Equities

      1.63%
    • Tba Umbs Single Family 30Yr 6.0 06/25

      United States Int Fixed Interest

      1.21%
    • Apple Inc

      United States International Equities

      1.15%
    • Auckland International Airport

      New Zealand Australasian Equities

      1.06%
    • Infratil Ltd

      New Zealand Australasian Equities

      0.92%
    • Jpm NZD Bank Account

      New Zealand Cash and Equivalents A-1

      0.91%
    • Contact Energy Ltd

      New Zealand Australasian Equities

      0.91%
    • Bank Deposit (USD Jpm )

      United States Cash and Equivalents A-1

      0.89%
    • Nvidia Corporation

      United States International Equities

      0.81%
    Type Target Actual
    Cash and Cash Equivalents 3.0% 1.83%
    New Zealand Fixed Interest 4.2% 5.41%
    International Fixed Interest 12.8% 12.25%
    Australasian Equities 16.0% 16.06%
    International Equities 54.8% 54.86%
    Listed Properties 6.2% 6.48%
    Unlisted Properties 0.0% 0.0%
    Other 3.0% 3.13%
    Commodities 0.0% 0.0%

    Investment Mix

    How the money in this fund is invested by asset type.

    This information has been sourced from the quarterly data that each fund has filed with Disclose register to 31st March 2025.

This data is compiled by Mindful Money from the fund information and portfolios that each fund has filed with the Disclose register to 31st March 2025 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, Sustainalytics and research organisations.

Please note that companies may breach more than one of these areas of concern.

The listing of companies of concern is based on definitions used in Mindful Money's methodology. These definitions may be different from the exclusions policy and definitions applied by the fund provider.

Mindful Money uses the term Mindful Funds as our standard for ethical investment and responsible investment. This does not imply that other funds are unethical or that the fund providers that do not meet these standards are unethical providers.

Issues of Concern

  • 1.38% Animal Cruelty
  • 1.28% Human Rights Violations
  • 0.61% Social Harm
  • 5.02% Fossil Fuels
  • 0.1% Weapons
  • 1.52% Environmental Harm

Companies of Concern

  • Animal Cruelty

    • Shell
      0.26%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.26%
    • Koninklijke Ahold Delhaize Nv
      0.20%
      0.20%
    • Orica Ltd.
      0.10%
      0.10%
    • Air Liquide
      0.09%
      0.09%
    • Dcc PLC
      0.09%
      0.09%
    • The Clorox Co.
      0.09%
      0.09%
    • L'Oréal SA
      0.08%
      0.08%
    • Hermès International Sca
      0.06%
      0.06%
    • 3M
      0.04%
      0.04%
    • Givaudan SA
      0.03%
      0.03%
    • Adeka Corp.
      0.02%
      0.02%
    • Eastman Chemical Co.
      0.02%
      0.02%
    • Ecolab, Inc.
      0.02%
      0.02%
    • Mitsubishi Gas Chemical Co., Inc.
      0.02%
      0.02%
    • Syensqo Nv
      0.02%
      0.02%
    • The Mosaic Co.
      0.02%
      0.02%
    • Henkel AG & Co. Kgaa
      0.01%
      0.01%
    • PPG Industries, Inc.
      0.01%
      0.01%
  • Human Rights Violations

    • 0.42%
    • Wells Fargo
      0.23%
      0.23%
    • Rio Tinto
      0.19%
      0.19%
    • 0.14%
    • General Motors
      0.07%
      0.07%
    • Ubs
      0.05%
      0.05%
    • Ck Hutchison
      0.03%
      0.03%
  • Fossil Fuels

    • Contact Energy Ltd.
      0.97%
      1.5°C
      This company is on a 1.5°C pathway
      0.97%
    • BHP
      0.39%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.39%
    • Shell
      0.26%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.26%
    • Equinor Asa
      0.25%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.25%
    • 0.21%
    • Rio Tinto
      0.19%
      0.19%
    • National Grid PLC
      0.16%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.16%
    • Cheniere Energy, Inc.
      0.15%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.15%
    • Santos Ltd.
      0.15%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.15%
    • Ameren Corp.
      0.14%
      0.14%
    • Dominion Energy, Inc.
      0.14%
      0.14%
    • Edp-Energias De Portugal SA
      0.12%
      1.5°C
      This company is on a 1.5°C pathway
      0.12%
    • Entergy Corp.
      0.11%
      0.11%
    • Totalenergies Se
      0.11%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.11%
    • Orica Ltd.
      0.10%
      0.10%
    • American Electric Power Co., Inc.
      0.09%
      0.09%
    • Enbridge, Inc.
      0.09%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.09%
    • Galp Energia Sgps SA
      0.09%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.09%
    • Sempra Energy
      0.09%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.09%
    • Duke Energy Corp
      0.08%
      0.08%
    • Nisource, Inc.
      0.08%
      0.08%
    • Kinder Morgan, Inc.
      0.07%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.07%
    • Marathon Petroleum Corp.
      0.07%
      0.07%
    • Royal Vopak Nv
      0.07%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.07%
    • Evergy, Inc.
      0.06%
      0.06%
    • Enel
      0.05%
      1.5°C
      This company is on a 1.5°C pathway
      0.05%
    • Nrg Energy, Inc.
      0.05%
      0.05%
    • Centrica PLC
      0.04%
      0.04%
    • Consolidated Edison, Inc.
      0.04%
      0.04%
    • Pacificorp.
      0.04%
      0.04%
    • Ck Hutchison
      0.03%
      0.03%
    • Delta Air Lines, Inc.
      0.03%
      0.03%
    • Halliburton Co.
      0.03%
      0.03%
    • Hf Sinclair Corp
      0.03%
      0.03%
    • Inpex Corp.
      0.03%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.03%
    • Jefferies
      0.03%
      0.03%
    • Marubeni Corp.
      0.03%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.03%
    • Mitsui & Co., Ltd.
      0.03%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.03%
    • OMV AG
      0.03%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.03%
    • Repsol
      0.03%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.03%
    • Sojitz Corp.
      0.03%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.03%
    • Valero Energy Corp.
      0.03%
      0.03%
    • Viva Energy Group Ltd.
      0.03%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.03%
    • Altagas Ltd.
      0.02%
      0.02%
    • Enterprise Products Partners Lp
      0.02%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.02%
    • Oneok, Inc.
      0.02%
      0.02%
    • Osaka Gas
      0.02%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.02%
    • Phillips 66
      0.02%
      0.02%
    • Scorpio Tankers, Inc.
      0.02%
      0.02%
    • Cassa Depositi E Prestiti Spa
      0.01%
      0.01%
  • Weapons

    • Sojitz Corp.
      0.03%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.03%
    • Canadian Tire Corp. Ltd.
      0.02%
      0.02%
    • Mueller Industries, Inc.
      0.02%
      0.02%
  • Environmental Harm

    • BHP
      0.39%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.39%
    • Coca-Cola
      0.29%
      0.29%
    • Shell
      0.26%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.26%
    • Fonterra
      0.18%
      0.18%
    • Pepsico
      0.09%
      0.09%
    • Duke Energy Corp
      0.08%
      0.08%
    • 0.07%
    • 3M
      0.04%
      0.04%
    • Archer-Daniels Midland
      0.03%
      0.03%
    • Wh Group
      0.03%
      0.03%
    • Adeka Corp.
      0.02%
      0.02%
    • Agc Inc
      0.01%
      0.01%

Fund Provider Response

At ANZ, our approach to responsible investment includes ESG integration, stewardship, and exclusions. We integrate ESG considerations in our evaluation of companies and selection of external investment managers. We demonstrate stewardship through direct engagement and proxy voting and indirectly through the expectations we have of our external managers. We also exclude some companies and industries based on their involvement in specified activities, or for breaching global norms. Please see our website for further information on our approach to responsible investment: https://www.anz.co.nz/personal/investing-kiwisaver/about-anz-investments/responsible-investing/

About this Fund

The Growth Fund invests mainly in growth assets (equities, listed property and listed infrastructure), with a small exposure to income assets (cash and cash equivalents and fixed interest). The fund may also invest in alternative assets.The Growth Fund aims to achieve (after the fund charge and before tax) over the long term high returns, allowing for large ups and downs in value.

Value $333M NZD
Period of data report 31st March 2025
Fund started 15th April 2010
Total annual fund fees 1.04%
Total performance based fees 0.0%
Manager's basic fee 0.94%
Other management and administration charges 0.1%
Total other charges 0.0
Total other charges currency NZD

George Crosby

Currently: Chief Investment Officer (1 years, 1 months)
Previously: General Manager Portfolio Completion, New Zealand Superannuation Fund (2 years, 9 months)

Mathew Young

Currently: Deputy Chief Investment Officer (1 years, 0 months)
Previously: Head of FX Strategy and Implementation, ANZ Bank New Zealand Limited (5 years, 1 months)

Qing Ding

Currently: Head of Asset Allocation (0 years, 7 months)
Previously: Portfolio Manager, New Zealand Superannuation Fund (2 years, 2 months)

Paul Gregory

Currently: Head of Investment Partnerships (1 years, 0 months)
Previously: Executive Director, Response and Enforcement, Financial Markets Authority (3 years, 4 months)

This information has been sourced from the quarterly data that each fund has filed with Disclose register to 31st March 2025.

Past Returns

Past annual returns for this fund are after fees and taxes. Please note that higher past returns do not always mean higher future returns.

Year Market Average Fund Annual Return
2025 3.04% 2.4%
2024 12.48% 10.57%
2023 -4.05% -4.06%
2022 1.38% 4.31%
2021 27.68% 29.56%
2020 -4.45% -5.4%
2019 6.12% 7.28%
2018 8.66% 7.36%
2017 7.20% 7.69%
2016 5.40% 3.7%

The market average is the average 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 fund has filed with Disclose register to 31st March 2025.

Top 10 Investments

  • Tba Umbs Single Family 30Yr 6.5 06/25

    United States Int Fixed Interest

    1.78%
  • Fisher and Paykel Healthcare Industries Ltd

    New Zealand Australasian Equities

    1.63%
  • Tba Umbs Single Family 30Yr 6.0 06/25

    United States Int Fixed Interest

    1.21%
  • Apple Inc

    United States International Equities

    1.15%
  • Auckland International Airport

    New Zealand Australasian Equities

    1.06%
  • Infratil Ltd

    New Zealand Australasian Equities

    0.92%
  • Jpm NZD Bank Account

    New Zealand Cash and Equivalents A-1

    0.91%
  • Contact Energy Ltd

    New Zealand Australasian Equities

    0.91%
  • Bank Deposit (USD Jpm )

    United States Cash and Equivalents A-1

    0.89%
  • Nvidia Corporation

    United States International Equities

    0.81%
Type Target Actual
Cash and Cash Equivalents 3.0% 1.83%
New Zealand Fixed Interest 4.2% 5.41%
International Fixed Interest 12.8% 12.25%
Australasian Equities 16.0% 16.06%
International Equities 54.8% 54.86%
Listed Properties 6.2% 6.48%
Unlisted Properties 0.0% 0.0%
Other 3.0% 3.13%
Commodities 0.0% 0.0%

Investment Mix

How the money in this fund is invested by asset type.

This information has been sourced from the quarterly data that each fund has filed with Disclose register to 31st March 2025.