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ANZ KiwiSaver Scheme Balanced Fund

Fund report as at 30 June 2021

How has the fund performed?

Performance as at 30 June 2021


Funds
3 months 1 year 3 years (pa) 5 years (pa) Since launch
3.84% 15.16% 8.46% 7.99% 6.92%

 

Performance is after the annual fund charge, and before tax and membership fees (if applicable). For more information, see legal information and disclaimers.

What happened this quarter (3 months to 30 June 2021)

  • Global share markets had a particularly good quarter, thanks to some strong company earnings and an easing in inflationary concerns. Shares also benefited as the global vaccination roll-out continued at pace, meaning an easing in lockdown restrictions and subsequent pick-up in growth.
  • Global bond markets also rose, albeit more modestly. This came as central banks in the US and Europe reiterated their view that the current inflationary pressures were likely to be transitory.
  • The fund’s tactical positioning was beneficial as it was overweight to the strong-performing share markets and underweight to weaker-performing bond markets. Favouring international shares over New Zealand shares also helped, as did the overweight to international property – one of the better-performing asset classes this quarter.
  • Strong manager selection within international bond holdings helped, with notable outperformance being delivered by our corporate bond manager.
  • The fund maintains its current positioning of overweight to international shares, Australian equites, listed property and listed infrastructure. We expect these asset classes to deliver stronger returns as more countries reopen for business post COVID-19 lockdowns, and as global growth recovers.

Need more information?

Read our Market Review for more information on investment markets.

How the fund has performed over time

The fund aims to achieve (after the fund charge and before tax) over the long term a moderate yearly return allowing for moderate movements of value up and down including occasional negative yearly returns.

The graph below shows the value of a $1,000 investment made at the time the fund launched.

 

 

 

Performance is after the annual fund charge and before tax and membership fees (if applicable). For more information, see Legal information and disclaimers.

What does the fund invest in?

The fund invests in similar amounts of income assets (cash and cash equivalents and fixed interest) and growth assets (equities and listed property). The fund may also invest in alternative assets.

This chart shows the mix of assets that the fund generally intends to invest in.


See the fund's actual investment mix on page 3 of the Fund update.

See the fund's full portfolio holdings.

ANZ New Zealand Investments Limited is the issuer and manager of the ANZ KiwiSaver Scheme. Important information is available under terms & conditions. Download the guide and product disclosure statement.

This material is for information purposes only. We recommend seeking financial advice about your situation and goals before getting a financial product. To talk to one of our team at ANZ, please call 0800 736 034, or for more information about ANZ’s financial advice service or to view our financial advice provider disclosure statement see anz.co.nz/fapdisclosure

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