Simplicity Balanced Fund
Balanced Fund is a balanced KiwiSaver fund managed by Simplicity. It has 14,373 members and holds $802 million. It opened in 2016.
Fees and returns
- Annual fee
- 0.25% of your balance each year
- Return over 1 year
- +7.8% a year
- Return over 3 years
- +8.3% a year
- Return over 5 years
- +4.4% 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 +4.4% 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 0.7 percentage points.
What it invests in
International equities 42%, international fixed interest 15%, cash and cash equivalents 14%, new zealand fixed interest 13%.
Largest holdings
- Simplicity Living Ltd Ordinary Shares 4.98%
- Cash at Bank 4.91%
- NVIDIA Corp 2.83%
Year by year
| Financial year | Return |
|---|---|
| 2025/26 | +7.8% |
| 2024/25 | +4.9% |
| 2023/24 | +12.2% |
| 2022/23 | −3.7% |
| 2021/22 | +1.2% |
| 2020/21 | +19.4% |
| 2019/20 | −0.5% |
| 2018/19 | +6.7% |
| 2017/18 | +5.9% |
About this fund
The Simplicity Balanced Fund is a passively managed, index-tracking balanced fund invested in a broad mix of shares, fixed interest, cash and unlisted property (Simplicity Living), with a growth-leaning tilt. It is highly diversified and ethically screened. Suggested for a minimum timeframe of six years, it has operated since 2016 and carries an annual fund charge of 0.25%.