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BNZ - BNZ KIWISAVER DEFAULT FUND

Bank

last updated on 2023-12-12 12:33:43

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Overview

Rating

Fund name

BNZ KIWISAVER DEFAULT FUND

Membership fee per annum

0.00

Fund performance 5 year

-

Number of members

64897

Date fund started

2021-12-01

Fund type

Balanced

Estimated annual fees

0.35%

NZ invested Assets

-

Total value of fund

$613 940 919

Data last updated

2024-02-22 21:10:31

Fund investment mix

Cash

5%

Growth Assets

60%

Bonds

35%

Investments

Investments

The Default Fund invests largely in growth assets, which generally have higher levels of risk with the potential for higher returns. It also has a sizeable allocation to income assets, which generally have lower levels of risk and potential returns. It aims to achieve a medium level of return over the medium to long term.