Compare YouWealth funds

YouWealth has a choice of five funds to invest in, each offering a different level of potential return depending on the types of assets the funds are invested in, and the amount of risk you’re willing to take. 

Growth assets^ will typically experience larger movements in value compared to income assets^, so they have the potential to achieve higher investment returns over the longer term, however you need to be willing to accept more risk.

Growth Fund

Minimum suggested investment timeframe
10 years

The Growth Fund aims to achieve higher returns over the long term.

Target investment mix
Income assets 20% / Growth assets 80%

Growth Fund

1% Cash and cash equivalents Cash & cash equivalents
5% nz first fixed interest2 New Zealand fixed interest
14% International fixed interest International fixed interest
27% Australian equities Australasian equities
53% International equities International equities

Balanced Growth Fund

Minimum suggested investment timeframe
10 years

The Balanced Growth Fund aims to achieve medium to high levels of return over the long term.

Target investment mix
Income assets 35% / Growth assets 65%

Balanced Growth Fund

5% Cash and cash equivalents Cash & cash equivalents
8% nz first fixed interest2 New Zealand fixed interest
22% International fixed interest International fixed interest
21% Australian equities Australasian equities
44% International equities International equities

Balanced Fund

Minimum suggested investment timeframe
7 years

The Balanced Fund aims to achieve a medium level of return over the medium to long term.

Target investment mix
Income assets 40% / Growth assets 60%

Balanced Fund

5% Cash and cash equivalents Cash & cash equivalents
9% nz first fixed interest2 New Zealand fixed interest
26% International fixed interest International fixed interest
20% Australian equities Australasian equities
40% International equities International equities

Moderate Fund

Minimum suggested investment timeframe
5 years

The Moderate Fund aims to achieve moderate returns over the medium term.                      

Target investment mix
Income assets 60% / Growth assets 40%

Moderate Fund

15% Cash and cash equivalents Cash & cash equivalents
11% nz first fixed interest2 New Zealand fixed interest
34% International fixed interest International fixed interest
13% Australian equities Australasian equities
27% International equities International equities

Conservative Fund^

Minimum suggested investment timeframe
3 years

The Conservative Fund aims to achieve relatively stable returns over the short to medium term.

Target investment mix
Income assets 80% / Growth assets 20%

Conservative Fund

25% Cash and cash equivalents Cash & cash equivalents
14% nz first fixed interest2 New Zealand fixed interest
41% International fixed interest International fixed interest
7% Australian equities Australasian equities
13% International equities International equities

About the mix of our investments

  • The actual investment mixes may vary, depending on market movements and other factors, within allowable investment ranges.

  • The fund objectives, target investment mixes, and allowable investment ranges may change from time to time without prior notice to you. The objectives, target investment mixes and allowable investment ranges are set out in the current YouWealth Statement of Investment Policy and Objectives (SIPO) pdf 241kb 

Management fee

The management fee is used to pay for the management of each fund’s assets, including underlying investment costs, the Supervisor’s fee and administration costs of the funds (such as audit fees, registry services and unit pricing and accounting services).

The fee is calculated as a percentage of the net asset value of each fund, and is already deducted from your investment, so returns will be reduced. You don’t need to pay this separately and it doesn’t appear as a transaction on your account.

Fund Management fee
Conservative Fund 0.45% p.a.
Moderate Fund 0.45% p.a.
Balanced Fund 0.45% p.a.
Balanced Growth Fund 0.45% p.a.
Growth Fund 0.45% p.a.

 

Returns on YouWealth managed funds

BNZ YouWealth fund performance to 31 October 2021^.

Returns are calculated after deducting management fees and before deducting tax.

  CONSERVATIVE Fund MODERATE Fund BALANCED Fund BALANCED GROWTH Fund Growth Fund
1 month -0.17% 0.28% 0.62% 0.77% 1.06%
3 months -0.77% 0.02% 0.79% 1.01% 1.71%
1 year 1.83% 6.62% 11.30% 13.02% 16.76%
3 years (per annum) 4.91% 7.11% 9.22% 10.40% 12.00%
5 years (per annum) N/A N/A N/A N/A N/A
Since inception (per annum)
 4.31% 6.18% 7.81% 9.18% 10.15%

The inception date of the YouWealth funds was 21 May 2018. Five-year returns for the funds will be reported from June 2023 onwards.

Unit prices

When you invest in a YouWealth fund, you’ll be issued ‘units’. Any investment into a fund will use the ‘buy price’, withdrawals from a fund will use the ‘sell price’. View the latest unit prices