KiwiWrap Balanced Fund
Balanced Fund is a balanced KiwiSaver fund managed by KiwiWrap. It has 45 members and holds $4 million. It opened in 2025.
Fees and returns
- Annual fee
- 0.70% of your balance each year
Figures are after fees and tax, as at Q3 2026, sourced from the FMA Disclose Register.
What it invests in
International equities 40%, international fixed interest 30%, australasian equities 20%, new zealand fixed interest 9%.
Largest holdings
- Dimensional Global Bond Sustainability Trust NZD Class 17.99%
- Dimensional Two-Year Sustainability Fixed Interest PIE Fund 12.09%
- Kernel Global ESG (NZD Hedged) Fund 9.82%
About this fund
The Balanced Fund is a diversified balanced fund that invests through underlying funds rather than holding assets directly — mainly Dimensional sustainability trusts, with some Kernel ESG exposure — reflecting the scheme's evidence-based (research-driven) approach and a sustainability screen. It holds roughly 60% growth assets (international and Australasian shares) and 40% income assets (international and New Zealand fixed interest), spread across many countries and industries. It is designed for an investment horizon of at least seven years and carries an annual fund charge of 0.7%.