Summer Balanced Selection
Summer Balanced Selection is a balanced KiwiSaver fund managed by Summer. It has 2,019 members and holds $125 million. It opened in 2016.
Fees and returns
- Annual fee
- 0.90% of your balance each year
- Return over 1 year
- +6.6% a year
- Return over 3 years
- +6.5% a year
- Return over 5 years
- +3.4% 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 +3.4% a year. The median for mainstream balanced funds over the same period was +3.8% a year, across 40 funds. This fund is behind that median, by 0.4 percentage points.
What it invests in
International equities 30%, new zealand fixed interest 21%, australasian equities 19%, international fixed interest 18%.
Largest holdings
- Hunter Global Fixed Interest Fund 18.09%
- Vanguard ESG US Stock ETF 1.89%
- Fisher & Paykel Healthcare Corporation Limited 1.87%
Year by year
| Financial year | Return |
|---|---|
| 2025/26 | +6.6% |
| 2024/25 | +3.1% |
| 2023/24 | +9.8% |
| 2022/23 | −2.2% |
| 2021/22 | −0.1% |
| 2020/21 | +16.8% |
| 2019/20 | −0.6% |
| 2018/19 | +7.2% |
| 2017/18 | +6.4% |
About this fund
The Summer Balanced Selection Fund is an actively managed diversified balanced fund with a mix of international and Australasian shares, fixed interest, cash and property — growth assets leading, with a meaningful income allocation. It is benchmark-relative over the long term. Issued by Forsyth Barr Investment Management, it has operated since 2016 and carries an annual fund charge of 0.9%.