Bank
last updated on 2024-02-26 14:28:52
| Rating | |
| Fund name |
BALANCED FUND |
| Membership fee per annum |
0.00 |
| Fund performance 5 year |
5.02% |
| Number of members |
89413 |
| Date fund started |
2007-10-01 |
| Fund type |
Balanced |
| Estimated annual fees |
0.5% |
| NZ invested Assets |
37.87% |
| Total value of fund |
$2 072 105 647 |
| Data last updated |
2024-02-22 21:10:31 |
| Cash |
4% |
| Growth Assets |
60% |
| Bonds |
36% |
| Investments |
The Balanced Fund aims to provide medium returns over the medium to long term. The fund has a higher target allocation to growth assets than to income assets. Volatility is expected to be higher than the Default Balanced Fund but lower than the Growth Fund in the Westpac KiwiSaver Scheme. |
