Summer Australian Equities
Summer Australian Equities is an aggressive KiwiSaver fund managed by Summer. It has 720 members and holds $17 million. It opened in 2016.
Fees and returns
- Annual fee
- 0.90% of your balance each year
- Return over 1 year
- +12.2% a year
- Return over 3 years
- +9.1% a year
- Return over 5 years
- +8.0% a year
Figures are after fees and tax, as at Q3 2026, sourced from the FMA Disclose Register.
What it invests in
Australasian equities 92%.
Largest holdings
- BHP Group Limited 9.69%
- Commonwealth Bank of Australia Limited 7.1%
- Westpac Banking Corporation 4.68%
Year by year
| Financial year | Return |
|---|---|
| 2025/26 | +12.2% |
| 2024/25 | −0.4% |
| 2023/24 | +16.1% |
| 2022/23 | −0.4% |
| 2021/22 | +13.8% |
| 2020/21 | +37.3% |
| 2019/20 | −17.0% |
| 2018/19 | +5.9% |
| 2017/18 | +0.5% |
About this fund
The Summer Australian Equities Fund is an actively managed fund investing mostly in Australian shares (and New Zealand-listed companies with meaningful Australian operations), aiming to beat the S&P/ASX 200 Accumulation Index. As a single-country share fund it is more concentrated than global equities. It has operated since 2016 and carries an annual fund charge of 0.9%.