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24/11/2024

BNZ - BNZ KIWISAVER FIRST HOME BUYER FUND

Bank

last updated on 2024-02-26 14:28:54

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Overview

Rating

Fund name

BNZ KIWISAVER FIRST HOME BUYER FUND

Membership fee per annum

0.00

Fund performance 5 year

2.25%

Number of members

20094

Date fund started

2015-09-15

Fund type

Conservative

Estimated annual fees

0.45%

NZ invested Assets

8.39%

Total value of fund

$335 726 110

Data last updated

2024-02-22 21:10:31

Fund investment mix

Cash

60%

Growth Assets

15%

Bonds

25%

Investments

Investments

The First Home Buyer Fund invests mostly in income assets, which generally have lower levels of risk with the potential for lower returns. It also has a small allocation to growth assets, which generally have higher levels of risk and potential returns. It aims to achieve relatively stable returns over the short to medium term.