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Westpac - CPP FUND NO. 2

Bank

last updated on 2023-12-12 12:33:41

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Overview

Rating

Fund name

CPP FUND NO. 2

Membership fee per annum

$27

Fund performance 5 year

10.57%

Number of members

1636

Date fund started

2009-10-30

Fund type

Aggressive

Estimated annual fees

1.59%

NZ invested Assets

-

Total value of fund

$10 273 142

Data last updated

2023-11-14 03:38:20

Fund investment mix

Cash

0.00

Growth Assets

100%

Bonds

0.00

Investments

Investments

The CPP Fund No. 2 aims to protect each member's initial invested capital on the maturity of the fund. The assets of the fund are dynamically allocated between growth assets and zero coupon bonds or deposits according to prescribed asset allocation rules. The fund matured on 30 September 2019 and members' investments were transferred to the Conservative Fund within the Westpac KiwiSaver Scheme.