NZ Funds Balanced Fund
Balanced Fund is a balanced KiwiSaver fund managed by NZ Funds. It has 462 members and holds $16 million. It opened in 2021.
Fees and returns
- Annual fee
- 0.00% of your balance each year
- Return over 1 year
- +5.4% a year
- Return over 3 years
- +5.0% a year
Figures are after fees and tax, as at Q3 2026, sourced from the FMA Disclose Register.
What it invests in
International fixed interest 34%, australasian equities 24%, international equities 21%, new zealand fixed interest 11%.
Largest holdings
- Westpac Cash 27.37%
- United States Treasury Bond 4.25% 15/05/2035 19.62%
- New Zealand Government 1.5% 15/05/2031 10.92%
Year by year
| Financial year | Return |
|---|---|
| 2025/26 | +5.4% |
| 2024/25 | +2.9% |
| 2023/24 | +6.8% |
| 2022/23 | −1.3% |
About this fund
The NZ Funds Balanced Fund is a passively managed entry-level option that seeks a balanced mix of income and growth assets. It uses futures contracts to replicate global sharemarket returns alongside directly held New Zealand shares, and holds New Zealand and international bonds directly. Because it avoids active investment decisions, its running costs are kept to a minimum. It began in 2021. *(Fee to confirm — store shows 0.00%; omitted here pending a real figure.)*