Bank
last updated on 2023-12-12 12:33:43
| Rating | |
| Fund name |
DEFAULT BALANCED FUND |
| Membership fee per annum |
0.00 |
| Fund performance 5 year |
- |
| Number of members |
70261 |
| Date fund started |
2021-12-01 |
| Fund type |
Balanced |
| Estimated annual fees |
0.4% |
| NZ invested Assets |
- |
| Total value of fund |
$717 563 528 |
| Data last updated |
2024-02-22 21:10:31 |
| Cash |
6% |
| Growth Assets |
50% |
| Bonds |
44% |
| Investments |
The Default Balanced Fund aims to provide moderate to medium returns over the medium to long term. The fund has an equal target allocation to growth assets and income assets. Volatility is expected to be higher than the Moderate Fund but lower than the Balanced Fund in the Westpac KiwiSaver Scheme. |
