Funds for use by former-SuperLife UK Pension Transfer Scheme (SLUK) members only.

The NZD Balanced Fund No. 2 is a New Zealand Dollar denominated fund providing exposure to a mix of growth and income assets. The fund invests 100% into the Simplicity Balanced Fund. For more information on the Simplicity Balanced Fund, please visit simplicity.kiwi

 

Investment Objectives

To minimise negative returns over the medium term through investment in income assets, such as bonds, while providing an opportunity for positive real returns over the longer term by investing a reasonable proportion in growth assets such as equities and property.

Investment Managers

The table below sets out the target asset allocation and underlying investment for the Fund.

For more information you can access the Funds Statement of Investment Objectives and Policy (SIPO).

Asset class Benchmark asset allocation
Cash and cash equivalents 10%
New Zealand fixed Interest 16.5%
International fixed interest 14.5%
Total income assets 41%
New Zealand equities 9.25%
International equities 43.5%
Unlisted NZ property 6.25%
Total growth assets 59%
Total assets 100%

 

1 The Benchmark Asset Allocation, Maximum, Currency Hedging and Operating ranges are set out in the SIPO.

 

Fund Performance

As the NZD Balanced Fund No.2 is recently established, performance information will be made available once sufficient performance history is available.