Summer Global Fixed Interest
Summer Global Fixed Interest is a defensive KiwiSaver fund managed by Summer. It has 100 members and holds $1 million. It opened in 2016.
Fees and returns
- Annual fee
- 0.75% of your balance each year
- Return over 1 year
- +1.3% a year
- Return over 3 years
- +2.5% a year
- Return over 5 years
- +0.2% 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 96%.
Largest holdings
- Hunter Global Fixed Interest Fund 96.47%
- BNZ Transactional Account NZD 3.53%
Year by year
| Financial year | Return |
|---|---|
| 2025/26 | +1.3% |
| 2024/25 | +2.9% |
| 2023/24 | +3.4% |
| 2022/23 | −3.2% |
| 2021/22 | −3.0% |
| 2020/21 | +3.9% |
| 2019/20 | +2.2% |
| 2018/19 | +2.6% |
| 2017/18 | +1.9% |
About this fund
The Summer Global Fixed Interest Fund invests in international fixed interest, largely through the underlying Hunter Global Fixed Interest Fund, aiming to beat the Bloomberg Global Aggregate index hedged to New Zealand dollars. As global bond exposure its value moves with interest rates. It has operated since 2016 and carries an annual fund charge of 0.75%.