Performance

Income Strategy

Performance

Performance since inception (31 October 2010) to 31 October 2019
KiwiSaver Income Strategy Chart KiwiSaver Income Strategy Performance Table

NZ Funds KiwiSaver Scheme Income Strategy

  • Returns are stated after Strategy fees and expenses, but before any advisory fees or investor tax. Past performance is not necessarily an indication of future returns.
  • Cumulative returns.

Maximum Decline and Risk

  • Returns should be looked at in conjunction with the level of risk associated with an investment. "Maximum decline" is a measure of risk. It represents the largest decline in value experienced during the last 12 months.
  • This is the annualised standard deviation calculated from weekly returns of the Strategy over the 5 years ending 30 September 2019. For more details on the Strategy’s Maximum Decline and Volatility please contact NZ Funds.

Note: Rounding may affect some numbers.

Portfolios

NZ Funds KiwiSaver Scheme Income Strategy

Complete Strategy as at 21 October 2019
KiwiSaver Income Strategy Portfolio Table

1. The yield calculation represents an estimate of the yield on the Strategy, calculated using the most recent information provided by the external investment managers involved in managing the Strategy, hedged back to New Zealand dollars where appropriate. It is not calculated 'as at' any particular date as different external investment managers provide data at varying dates. As a result, in some instances the yields may lag the date of this Strategy summary. The yield is not the actual return on the Strategy, nor is it a projection or forecast. The Strategy's return could be less than the Strategy's yield. Details of the yield calculation are available on request from NZ Funds.
2. Total economic exposure represents the total economic value of a Strategy, which is the net asset value of the Strategy adjusted for the effect of direct derivative positions taken by the Strategy and indirect derivative positions taken other than via a fund including hedge funds. For more details on economic exposure, see the Other Material Information document on the Offer Register at www.companiesoffice.govt.nz/disclose.
Note: Rounding may affect any subtotals and totals.

Overview

Objective To provide exposure to income assets.
Risk & volatility Please see the NZ Funds KiwiSaver Scheme Product Disclosure Statement (PDS) or the latest Fund Update for information on risk.
LifeCycle allocation The LifeCycle Process allocates 5% of a member’s funds to this Strategy until the member reaches age 58, from when their allocation will gradually increase.
Minimum suggested investment timeframe 2 years +
Investment strategy summary It is anticipated that the Strategy will mainly hold cash and cash equivalents, and Australasian and international bonds. It may also invest in other permitted assets.
Further information The NZ Funds KiwiSaver Scheme, which incorporates the Income Strategy, is issued by New Zealand Funds Management Limited. Further information is contained in the NZ Funds KiwiSaver Scheme Product Disclosure Statement

Inflation Strategy

Performance

Performance since inception (31 October 2010) to 31 October 2019
KiwiSaver Inflation Strategy Chart KiwiSaver Inflation Strategy Performance Table

NZ Funds KiwiSaver Scheme Inflation Strategy

  • Returns are stated after Strategy fees and expenses, but before any advisory fees or investor tax. Past performance is not necessarily an indication of future returns.
  • Cumulative returns.

Maximum Decline and Risk

  • Returns should be looked at in conjunction with the level of risk associated with an investment. "Maximum decline" is a measure of risk. It represents the largest decline in value experienced during the last 12 months.
  • This is the annualised standard deviation calculated from weekly returns of the Strategy over the 5 years ending 30 September 2019. For more details on the Strategy’s Maximum Decline and Volatility please contact NZ Funds.

Note: Rounding may affect some numbers.

Portfolios

NZ Funds KiwiSaver Scheme Inflation Strategy

Complete Strategy as at 21 October 2019
KiwiSaver Inflation Strategy Portfolios Table

1. Where a strategy is shown, the asset class reflects the predominant assets in the strategy. The strategy may include other assets including cash.
2. The yield calculation represents an estimate of the yield on the Strategy, calculated using the most recent information provided by the external investment managers involved in managing the Strategy, hedged back to New Zealand dollars where appropriate. It is not calculated 'as at' any particular date as different external investment managers provide data at varying dates. As a result, in some instances the yields may lag the date of this Strategy summary. The yield is not the actual return on the Strategy, nor is it a projection or forecast. The Strategy's return could be less than the Strategy's yield. Details of the yield calculation are available on request from NZ Funds.
3. Inflation swaps notional value is currently $7,592,025.
4. Total economic exposure represents the total economic value of a Strategy, which is the net asset value of the Strategy adjusted for the effect of direct derivative positions taken by the Strategy and indirect derivative positions taken other than via a fund including hedge funds. For more details on economic exposure, see the Other Material Information document on the Offer Register at www.companiesoffice.govt.nz/disclose.
Note: Rounding may affect any subtotals and totals.

Overview

Objective To mitigate the impact of inflation on your investment over the medium and/or long term by investing in income and growth assets.
Risk & volatility Please see the NZ Funds KiwiSaver Scheme Product Disclosure Statement (PDS) or the latest Fund Update for information on risk.
LifeCycle allocation The LifeCycle Process allocates 10% of a member's funds to this Strategy until the member reaches age 55, from when their allocation will gradually increase to 34% by age 65.
Minimum suggested investment timeframe 5 years +
Investment strategy summary It is anticipated that the Strategy will mainly hold inflation-sensitive assets including cash and cash equivalents, Australasian and international bonds, and Australasian and international shares. It may also invest in other permitted assets.
Further information The NZ Funds KiwiSaver Scheme, which incorporates the Inflation Strategy, is issued by New Zealand Funds Management Limited. Further information is contained in the NZ Funds KiwiSaver Scheme Product Disclosure Statement

Growth Strategy

Performance

Performance since inception (31 October 2010) to 31 October 2019
KiwiSaver Growth Strategy Chart KiwiSaver Inflation Strategy Performance Table

NZ Funds KiwiSaver Scheme Growth Strategy

  • Returns are stated after Strategy fees and expenses, but before any advisory fees or investor tax. Past performance is not necessarily an indication of future returns.
  • Cumulative returns.

Maximum Decline and Risk

  • Returns should be looked at in conjunction with the level of risk associated with an investment. "Maximum decline" is a measure of risk. It represents the largest decline in value experienced during the last 12 months.
  • This is the annualised standard deviation calculated from weekly returns of the Strategy over the 5 years ending 30 September 2019. For more details on the Strategy’s Maximum Decline and Volatility please contact NZ Funds.

Note: Rounding may affect some numbers.

Portfolios

NZ Funds KiwiSaver Scheme Growth Strategy

Complete Strategy as at 21 October 2019
KiwiSaver Growth Strategy Portfolio Table

1. Where a strategy is shown, the asset class reflects the predominant assets in the strategy. The strategy may include other assets including cash.
2. The yield calculation represents an estimate of the yield on the Strategy, calculated using the most recent information provided by the external investment managers involved in managing the Strategy, hedged back to New Zealand dollars where appropriate. It is not calculated 'as at' any particular date as different external investment managers provide data at varying dates. As a result, in some instances the yields may lag the date of this Strategy summary. The yield is not the actual return on the Strategy, nor is it a projection or forecast. The Strategy's return could be less than the Strategy's yield. Details of the yield calculation are available on request from NZ Funds.
3. Total economic exposure represents the total economic value of a Strategy, which is the net asset value of the Strategy adjusted for the effect of direct derivative positions taken by the Strategy and indirect derivative positions taken other than via a fund including hedge funds. For more details on economic exposure, see the Other Material Information document on the Offer Register at www.companiesoffice.govt.nz/disclose.
Note: Rounding may affect any subtotals and totals.

Overview

Objective To grow your investment over the long term by investing in income and growth assets.
Risk & volatility Please see the NZ Funds KiwiSaver Scheme Product Disclosure Statement (PDS) or the latest Fund Update for information on risk.
LifeCycle allocation The LifeCycle Process allocates 85% of a member’s funds to this Strategy until the member reaches age 55, from when their allocation will gradually decrease.
Minimum suggested investment timeframe 10 years +
Investment strategy summary It is anticipated that the Strategy will mainly hold Australasian and international shares, and/or hedge funds. It may also invest in other permitted assets.
Further information The NZ Funds KiwiSaver Scheme, which incorporates the Growth Strategy, is issued by New Zealand Funds Management Limited. Further information is contained in the NZ Funds KiwiSaver Scheme Product Disclosure Statement