JMI Wealth Growth Fund
Growth Fund is a growth KiwiSaver fund managed by JMI Wealth. It has 138 members and holds $11 million. It opened in 2020.
Fees and returns
- Annual fee
- 1.29% of your balance each year
- Return over 1 year
- +7.1% a year
- Return over 3 years
- +8.4% a year
- Return over 5 years
- +5.0% a year
Figures are after fees and tax, as at Q3 2026, sourced from the FMA Disclose Register.
How it compares
Over the last five years this fund returned +5.0% a year. The median for mainstream growth funds over the same period was +5.1% a year, across 28 funds. This fund is behind that median, by 0.1 percentage points.
What it invests in
International equities 46%, australasian equities 30%, international fixed interest 8%, cash and cash equivalents 8%.
Largest holdings
- Schroder Sustainable Global Core PIE Fund Hedged 11.57%
- NZD Cash Account (ANZ Bank) 8.0%
- Capital International Fund - Capital Group New Perspective Fund Lux 6.68%
Year by year
| Financial year | Return |
|---|---|
| 2025/26 | +7.1% |
| 2024/25 | +3.8% |
| 2023/24 | +14.8% |
| 2022/23 | −4.1% |
| 2021/22 | +4.1% |
About this fund
The JMI Wealth Growth Fund is a growth fund that invests through a selection of underlying managers rather than holding assets directly. It is weighted towards growth assets — mainly international and Australasian shares — with a modest allocation to income assets such as fixed interest and cash. It is designed for an investment horizon of at least seven years and carries an annual fund charge of 1.29%.