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22/11/2024
Bank
last updated on 2024-02-26 14:28:55
| Rating | |
| Fund name |
MODERATE FUND |
| Membership fee per annum |
0.00 |
| Fund performance 5 year |
3.32% |
| Number of members |
81410 |
| Date fund started |
2007-10-02 |
| Fund type |
No data |
| Estimated annual fees |
0.6% |
| NZ invested Assets |
56.15% |
| Total value of fund |
$2 548 585 181 |
| Data last updated |
2024-02-22 21:10:31 |
| Cash |
8% |
| Growth Assets |
40% |
| Bonds |
52% |
| Investments |
To provide moderate total returns allowing for moderate movements of value up and down. The number of years with negative returns are generally expected to be higher than the Conservative Fund but lower than the Balanced Fund in the ASB KiwiSaver Scheme. 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 Moderate Fund invests in income and growth assets with a target investment mix of 60% income assets and 40% growth assets. |
