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Managed Funds

Generate Managed Funds

Generate Managed Funds make investing simple and stress-free.

Smart, easy investing

Explore our funds

Managed Funds work in a similar way to KiwiSaver funds, but you get to control how much and how often you want to invest, and when you want to withdraw your funds. Individuals only need $1,000¹ to get started, and from there our team of expert fund managers will actively manage your investment, making all the tough decisions about when and what to invest in.

Conservative Managed Fund

A modest return over the short term. It invests in an actively managed portfolio made up largely of income assets with a small allocation of growth assets.

The target investments for this fund are

80%

Income assets

20%

Growth assets

Fund performance¹

—

5 year return

Risk indicator²

1

2

3

4

5

6

7

Low

Risk / return

High

Timeframe and fund charges

Minimum investment timeframe

2 years

Recommended

Estimated annual fund charge⁴

1.19%

Balanced Managed Fund

A medium return over the medium term. It invests in an actively managed portfolio made up of slightly more growth assets than income assets.

The target investments for this fund are

40%

Income assets

60%

Growth assets

Fund performance¹

—

5 year return

Risk indicator²

1

2

3

4

5

6

7

Low

Risk / return

High

Timeframe and fund charges

Minimum investment timeframe

5 years

Recommended

Estimated annual fund charge⁴

1.35%

Focused Growth Managed Fund

A higher return over the long term. It invests in an actively managed portfolio made up predominately of growth assets with a minor allocation of income assets.

The target investments for this fund are

5%

Income assets

95%

Growth assets

Fund performance¹

—

5 year return

Risk indicator²

1

2

3

4

5

6

7

Low

Risk / return

High

Timeframe and fund charges

Minimum investment timeframe

8 years

Recommended

Estimated annual fund charge⁴

1.41%

Thematic Managed Fund

A higher return over the long term. It invests in an actively managed portfolio of growth assets predominately made up of mid-large cap international equities with a very minor allocation of income assets.

The target investments for this fund are

2%

Income assets

98%

Growth assets

Fund performance¹

—

5 year return

Risk indicator²

1

2

3

4

5

6

7

Low

Risk / return

High

Timeframe and fund charges

Minimum investment timeframe

10 years

Recommended

Estimated annual fund charge⁴

1.29%

Australasian Managed Fund

A higher return over the long term. It invests in an actively managed portfolio of growth assets located predominately in New Zealand and Australia with a very minor allocation of income assets.

The target investments for this fund are

2%

Income assets

98%

Growth assets

Fund performance¹

—

5 year return

Risk indicator²

1

2

3

4

5

6

7

Low

Risk / return

High

Timeframe and fund charges

Minimum investment timeframe

10 years

Recommended

Estimated annual fund charge⁴

1.29%

Conservative Managed Fund

The Conservative Managed Fund aims to provide a modest return over the short term. It invests in an actively managed portfolio made up largely of income assets with a small allocation of growth assets. Volatility is likely to be low to medium. Returns will vary and may below or negative at times.

This fund is invested in

80%

Income assets

These investments generate income in the form of interest payments e.g., cash, term deposits and bonds.

20%

Growth assets

These investments generate a return from both capital growth and dividends e.g. shares, property and infrastructure.

Fund performance¹

—

5 year return

Timeframe and fund charges

Minimum investment timeframe

2 years

Recommended

Estimated annual fund charge⁴

1.19%

Target investment mix²

This shows the ‘target’ amount of funds we plan to invest in different kinds of income or growth assets.

Cash 5%

Fixed income 75%

Property & Infrastructure⁵ 6.75%

Australasian equities 6.75%

International equities 6.5%

Risk indicator³

The risk category is calculated based on the volatility of past returns over five years.

1

2

3

4

5

6

7

Low

Risk / return

High

Disclaimers:

5 year returns are not available for these funds as they launched within the last 5 years.

The actual investment mix may vary from the target asset allocation as we pursue tactical investment opportunities, or as we seek to protect asset values in periods of market volatility. For further information about the funds’ investment activities see the Statement of Investment Policy and Objectives (SIPO).

As the Funds have not been in existence for 5 years the risk indicators have been calculated using a combination of actual returns and market index returns, and/or market index returns only. Market index returns have been used from 31 March 2019 to 30 November 2019 for the Focused Growth Managed Fund, from 31 March 2019 to 16 May 2022 for the Conservative and Balanced Managed Funds, and from 31 March 2019 to 21 July 2023 for the Australasian and Thematic Managed Funds. As a result, the risk indicators may provide a less reliable indicator of the potential future volatility of the Funds. See the PDS for more information.

Estimate for the year ahead. Annual fund charges for the fund are made up of: the base management fee; any third party underlying fund fees, and contains estimates For details
regarding the actual fund charges, see the latest fund update here.

See the Scheme’s Statement of Investment Policy and Objectives (SIPO).

Balanced Managed Fund

The Balanced Managed Fund aims to provide a medium return over the medium term. It
invests in an actively managed portfolio made up of slightly more growth assets than income
assets. Volatility is likely to be medium to high. Returns will vary and may be low or negative at times.

This fund is invested in

40%

Income assets

These investments generate income in the form of interest payments e.g., cash, term deposits and bonds.

60%

Growth assets

These investments generate a return from both capital growth and dividends e.g. shares, property and infrastructure.

Fund performance¹

—

5 year return

Timeframe and fund charges

Minimum investment timeframe

5 years

Recommended

Estimated annual fund charge⁴

1.35%

Target investment mix²

This shows the ‘target’ amount of funds we plan to invest in different kinds of income or growth assets.

Cash 5%

Fixed income 35%

Property & Infrastructure⁵ 15%

Australasian equities 15%

International equities 30%

Risk indicator³

The risk category is calculated based on the volatility of past returns over five years.

1

2

3

4

5

6

7

Low

Risk / return

High

Disclaimers:

5 year returns are not available for these funds as they launched within the last 5 years.

The actual investment mix may vary from the target asset allocation as we pursue tactical investment opportunities, or as we seek to protect asset values in periods of market volatility. For further information about the funds’ investment activities see the Statement of Investment Policy and Objectives (SIPO).

As the Funds have not been in existence for 5 years the risk indicators have been calculated using a combination of actual returns and market index returns, and/or market index returns only. Market index returns have been used from 31 March 2019 to 30 November 2019 for the Focused Growth Managed Fund, from 31 March 2019 to 16 May 2022 for the Conservative and Balanced Managed Funds, and from 31 March 2019 to 21 July 2023 for the Australasian and Thematic Managed Funds. As a result, the risk indicators may provide a less reliable indicator of the potential future volatility of the Funds. See the PDS for more information.

Estimate for the year ahead. Annual fund charges for the fund are made up of: the base management fee; any third party underlying fund fees, and contains estimates For details
regarding the actual fund charges, see the latest fund update here.

See the Scheme’s Statement of Investment Policy and Objectives (SIPO).

Focused Growth Managed Fund

The Focused Growth Managed Fund aims to provide a higher return over the long term. It
invests in an actively managed portfolio made up predominately of growth assets with a minor
allocation of income assets. Volatility is likely to be high. Returns will vary and may be low or
negative at times.

This fund is invested in

5%

Income assets

These investments generate income in the form of interest payments e.g., cash, term deposits and bonds.

95%

Growth assets

These investments generate a return from both capital growth and dividends e.g. shares, property and infrastructure.

Fund performance¹

—

5 year return

Timeframe and fund charges

Minimum investment timeframe

8 years

Recommended

Estimated annual fund charge⁴

1.41%

Target investment mix²

This shows the ‘target’ amount of funds we plan to invest in different kinds of income or growth assets.

Cash 5%

Property & Infrastructure⁵ 15%

Australasian equities 15%

International equities 65%

Risk indicator³

The risk category is calculated based on the volatility of past returns over five years.

1

2

3

4

5

6

7

Low

Risk / return

High

Disclaimers:

5 year returns are not available for these funds as they launched within the last 5 years.

The actual investment mix may vary from the target asset allocation as we pursue tactical investment opportunities, or as we seek to protect asset values in periods of market volatility. For further information about the funds’ investment activities see the Statement of Investment Policy and Objectives (SIPO).

As the Funds have not been in existence for 5 years the risk indicators have been calculated using a combination of actual returns and market index returns, and/or market index returns only. Market index returns have been used from 31 March 2019 to 30 November 2019 for the Focused Growth Managed Fund, from 31 March 2019 to 16 May 2022 for the Conservative and Balanced Managed Funds, and from 31 March 2019 to 21 July 2023 for the Australasian and Thematic Managed Funds. As a result, the risk indicators may provide a less reliable indicator of the potential future volatility of the Funds. See the PDS for more information.

Estimate for the year ahead. Annual fund charges for the fund are made up of: the base management fee; any third party underlying fund fees, and contains estimates For details
regarding the actual fund charges, see the latest fund update here.

See the Scheme’s Statement of Investment Policy and Objectives (SIPO).

Thematic Managed Fund

The Thematic Managed Fund aims to provide a higher return over the long term. It invests in an actively managed portfolio of growth assets predominately made up of mid-large cap international equities with a very minor allocation of income assets. Volatility is likely to be very high. Returns will vary and may be low or negative at times.

This fund is invested in

2%

Income assets

These investments generate income in the form of interest payments e.g., cash, term deposits and bonds.

98%

Growth assets

These investments generate a return from both capital growth and dividends e.g. shares, property and infrastructure.

Fund performance¹

—

5 year return

Timeframe and fund charges

Minimum investment timeframe

10 years

Recommended

Estimated annual fund charge⁴

1.29%

Target investment mix²

This shows the ‘target’ amount of funds we plan to invest in different kinds of income or growth assets.

Cash 2%

International Equities 98%

Risk indicator³

The risk category is calculated based on the volatility of past returns over five years.

1

2

3

4

5

6

7

Low

Risk / return

High

Disclaimers:

5 year returns are not available for these funds as they launched within the last 5 years.

The actual investment mix may vary from the target asset allocation as we pursue tactical investment opportunities, or as we seek to protect asset values in periods of market volatility. For further information about the funds’ investment activities see the Statement of Investment Policy and Objectives (SIPO).

As the Funds have not been in existence for 5 years the risk indicators have been calculated using a combination of actual returns and market index returns, and/or market index returns only. Market index returns have been used from 31 March 2019 to 30 November 2019 for the Focused Growth Managed Fund, from 31 March 2019 to 16 May 2022 for the Conservative and Balanced Managed Funds, and from 31 March 2019 to 21 July 2023 for the Australasian and Thematic Managed Funds. As a result, the risk indicators may provide a less reliable indicator of the potential future volatility of the Funds. See the PDS for more information.

Estimate for the year ahead. Annual fund charges for the fund are made up of: the base management fee; any third party underlying fund fees, and contains estimates For details
regarding the actual fund charges, see the latest fund update here.

See the Scheme’s Statement of Investment Policy and Objectives (SIPO).

Australasian Managed Fund

The Australasian Managed Fund aims to provide a higher return over the long term. It invests in an actively managed portfolio of growth assets located predominately in New Zealand and Australia with a very minor allocation of income assets. Volatility is likely to be high. Returns will vary and may be low or negative at times.

This fund is invested in

2%

Income assets

These investments generate income in the form of interest payments e.g., cash, term deposits and bonds.

98%

Growth assets

These investments generate a return from both capital growth and dividends e.g. shares, property and infrastructure.

Fund performance¹

—

5 year return

Timeframe and fund charges

Minimum investment timeframe

10 years

Recommended

Estimated annual fund charge⁴

1.29%

Target investment mix²

This shows the ‘target’ amount of funds we plan to invest in different kinds of income or growth assets.

Cash 2%

Property & Infrastructure⁵ 49%

Australasian Equities 49%

Risk indicator³

The risk category is calculated based on the volatility of past returns over five years.

1

2

3

4

5

6

7

Low

Risk / return

High

Disclaimers:

5 year returns are not available for these funds as they launched within the last 5 years.

The actual investment mix may vary from the target asset allocation as we pursue tactical investment opportunities, or as we seek to protect asset values in periods of market volatility. For further information about the funds’ investment activities see the Statement of Investment Policy and Objectives (SIPO).

As the Funds have not been in existence for 5 years the risk indicators have been calculated using a combination of actual returns and market index returns, and/or market index returns only. Market index returns have been used from 31 March 2019 to 30 November 2019 for the Focused Growth Managed Fund, from 31 March 2019 to 16 May 2022 for the Conservative and Balanced Managed Funds, and from 31 March 2019 to 21 July 2023 for the Australasian and Thematic Managed Funds. As a result, the risk indicators may provide a less reliable indicator of the potential future volatility of the Funds. See the PDS for more information.

Estimate for the year ahead. Annual fund charges for the fund are made up of: the base management fee; any third party underlying fund fees, and contains estimates For details
regarding the actual fund charges, see the latest fund update here.

See the Scheme’s Statement of Investment Policy and Objectives (SIPO).