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24/11/2024

Westpac - MODERATE FUND

Bank

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

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Overview

Rating

Fund name

MODERATE FUND

Membership fee per annum

0.00

Fund performance 5 year

3.68%

Number of members

39137

Date fund started

2014-07-02

Fund type

No data

Estimated annual fees

0.4%

NZ invested Assets

38.27%

Total value of fund

$805 646 409

Data last updated

2024-02-22 21:10:31

Fund investment mix

Cash

8%

Growth Assets

40%

Bonds

52%

Investments

Investments

The Moderate Fund aims to provide moderate returns over the medium term. The fund has a higher target allocation to income assets than to growth assets. Volatility is expected to be higher than the Conservative Fund but lower than the Default Balanced Fund in the Westpac KiwiSaver Scheme.