Maritime Balanced Portfolio
Balanced Portfolio is a balanced KiwiSaver fund managed by Maritime. It has 200 members and holds $16 million. It opened in 2016.
Fees and returns
- Annual fee
- 0.71% of your balance each year
- Return over 1 year
- +5.1% a year
- Return over 3 years
- +8.5% a year
- Return over 5 years
- +4.7% 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 +4.7% a year. The median for mainstream balanced funds over the same period was +3.7% a year, across 40 funds. This fund is ahead of that median, by 1.0 percentage points.
What it invests in
International equities 48%, international fixed interest 27%, australasian equities 11%, new zealand fixed interest 10%.
Largest holdings
- Mercer Overseas Shares Index Portfolio 23.97%
- Nikko Wholesale Global Equity Hedged Fund 22.97%
- Hunter Global Fixed Interest Fund 20.72%
Year by year
| Financial year | Return |
|---|---|
| 2025/26 | +5.1% |
| 2024/25 | +5.3% |
| 2023/24 | +15.3% |
| 2022/23 | −2.8% |
| 2021/22 | +1.4% |
| 2020/21 | +23.8% |
| 2019/20 | −3.9% |
| 2018/19 | +4.9% |
| 2017/18 | +5.9% |
About this fund
The Maritime Balanced Portfolio is a diversified balanced fund that invests through a blend of underlying wholesale funds from several New Zealand managers (including Nikko AM, Mercer, Fisher and Salt), combining index and actively managed strategies. It holds about 60% growth assets such as shares and about 40% income assets such as bonds and cash. It is the scheme's default portfolio, has operated since 2016 and carries an annual fund charge of 0.71%.