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Westpac - GROWTH FUND

Bank

last updated on 2024-02-26 14:28:52

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Overview

Rating

Fund name

GROWTH FUND

Membership fee per annum

0.00

Fund performance 5 year

6.11%

Number of members

127949

Date fund started

2007-10-01

Fund type

Growth

Estimated annual fees

0.55%

NZ invested Assets

37.77%

Total value of fund

$2 951 082 158

Data last updated

2024-02-22 21:10:31

Fund investment mix

Cash

3%

Growth Assets

80%

Bonds

17%

Investments

Investments

The Growth Fund aims to provide higher returns over the long term. The fund invests primarily in growth assets but also has an allocation to income assets. Volatility is expected to be the highest of the funds in the Westpac KiwiSaver Scheme.