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22/11/2024
Bank
last updated on 2024-02-26 14:28:55
| Rating | |
| Fund name |
GROWTH FUND |
| Membership fee per annum |
0.00 |
| Fund performance 5 year |
6.77% |
| Number of members |
165659 |
| Date fund started |
2007-10-02 |
| Fund type |
Growth |
| Estimated annual fees |
0.7% |
| NZ invested Assets |
46.65% |
| Total value of fund |
$5 476 236 048 |
| Data last updated |
2024-02-22 21:10:31 |
| Cash |
1% |
| Growth Assets |
80% |
| Bonds |
19% |
| Investments |
To provide high total returns allowing for large movements of value up and down. The number of years with negative returns are generally expected to be higher than the Balanced Fund but lower than the Aggressive Fund. We manage asset allocation and currency hedging over the medium to long term relative to the target investment mix. We focus on cost effective management. The Growth Fund invests in income and growth assets with a target investment mix of 20% income assets and 80% growth assets. |
