Our investment fund options
The BNZ KiwiSaver Scheme has a range of 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.
Cash Fund
No minimum suggested investment timeframe
Aims to achieve stable returns over the short term.
Investment asset mix
100% Income
100% | Cash & cash equivalents |
First Home Buyer Fund
Minimum suggested investment timeframe: 3 years
Aims to achieve relatively stable returns over the short to medium term.
Investment asset mix
85% Income / 15% Growth
60% | Cash & cash equivalents |
|
19% | International fixed interest | |
10% | International equities | |
6% | New Zealand fixed interest |
|
5% | Australasian equities |
Conservative Fund
Minimum suggested investment timeframe: 3 years
Aims to achieve relatively stable returns over the short to medium term.
Investment asset mix
80% Income / 20% Growth
41% | International fixed interest | |
25% | Cash & cash equivalents | |
14% | New Zealand fixed interest | |
13% | International equities |
|
7% | Australasian equities |
Moderate Fund
Minimum suggested investment timeframe: 5 years
Aims to achieve moderate returns over the medium term.
Investment asset mix
60% Income / 40% Growth
34% | International fixed interest | |
27% | International equities | |
15% | Cash & cash equivalents |
|
13% | Australasian equities |
|
11% | New Zealand fixed interest |
Default Fund^
Minimum suggested investment timeframe: 7 years
Aims to achieve a medium level of return over the medium to long term.
Investment asset mix
40% Income / 60% Growth
40% | International equities | |
26% | International fixed interest | |
20% | Australasian equities |
|
9% | New Zealand fixed interest |
|
5% | Cash & cash equivalents |
Balanced Fund^
Minimum suggested investment timeframe: 7 years
Aims to achieve a medium level of return over the medium to long term.
Investment asset mix
40% Income / 60% Growth
40% | International equities | |
26% | International fixed interest | |
20% | Australasian equities |
|
9% | New Zealand fixed interest |
|
5% | Cash & cash equivalents |
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 BNZ KiwiSaver Scheme Statement of Investment Policies and Objectives (SIPO) PDF 374KB