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22/11/2024

ASB - AGGRESSIVE FUND

Bank

last updated on 2024-02-26 14:29:12

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Overview

Rating

Fund name

AGGRESSIVE FUND

Membership fee per annum

0.00

Fund performance 5 year

-

Number of members

3140

Date fund started

2023-11-22

Fund type

Aggressive

Estimated annual fees

0.75%

NZ invested Assets

-

Total value of fund

$113 165 627

Data last updated

2024-02-22 21:10:31

Fund investment mix

Cash

0.00

Growth Assets

95%

Bonds

5%

Investments

Investments

To provide the highest total returns of the Funds allowing for the largest movements of value up and down. The number of years with negative returns are generally expected to be the highest of the funds in the ASB KiwiSaver Scheme. We manage asset allocation and currency hedging over the medium to long term relative to the target investment mix. We focus on cost effective management. The Aggressive Fund invests in income and growth assets with a target investment mix of 5% income assets and 95% growth assets.