Summer Conservative Selection
Summer Conservative Selection is a conservative KiwiSaver fund managed by Summer. It has 224 members and holds $10 million. It opened in 2019.
Fees and returns
- Annual fee
- 0.75% of your balance each year
- Return over 1 year
- +4.4% a year
- Return over 3 years
- +4.7% a year
- Return over 5 years
- +2.2% 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 +2.2% a year. The median for mainstream conservative funds over the same period was +2.3% a year, across 29 funds. This fund is behind that median, by 0.1 percentage points.
What it invests in
New zealand fixed interest 35%, international fixed interest 23%, international equities 14%, australasian equities 12%.
Largest holdings
- Hunter Global Fixed Interest Fund 23.03%
- BNZ Transactional Account NZD 2.94%
- New Zealand Government 1.5% 15/05/2031 2.94%
Year by year
| Financial year | Return |
|---|---|
| 2025/26 | +4.4% |
| 2024/25 | +3.2% |
| 2023/24 | +6.6% |
| 2022/23 | −1.4% |
| 2021/22 | −1.6% |
| 2020/21 | +10.3% |
About this fund
The Summer Conservative Selection Fund is an actively managed diversified conservative fund weighted towards cash and fixed interest, with a smaller allocation to shares and property. It is benchmark-relative, aiming to beat a composite benchmark over the long term. Issued by Forsyth Barr Investment Management, it has operated since 2019 and carries an annual fund charge of 0.75%.