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23/11/2024
Bank
last updated on 2024-02-26 14:28:44
| Rating | |
| Fund name |
GROWTH FUND |
| Membership fee per annum |
0.00 |
| Fund performance 5 year |
7.4% |
| Number of members |
257520 |
| Date fund started |
2007-10-01 |
| Fund type |
Growth |
| Estimated annual fees |
1.05% |
| NZ invested Assets |
23.8% |
| Total value of fund |
$4 802 189 975 |
| Data last updated |
2024-02-22 21:10:31 |
| Cash |
4% |
| Growth Assets |
80% |
| Bonds |
16% |
| Investments |
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. |
