NZ Bond Fund

The NZ Bond Fund invests in New Zealand Government bonds and investment grade liquid bonds issued in New Zealand dollars.

Simplicity Fee

0.10%

Market Average

0.67% *

* Market average fee sourced from Sorted Smart Investor based on $10,000 in single sector funds with a similar asset allocation as at 1 November 2024. Simplicity fee as at 1 November 2024.

$614,165,276

Fund size

As at 30/11/2024

Why invest in this fund?

Allows you to support local

This fund invests solely in NZ listed bonds, providing exposure to the local market.

Access to your money at any time

No minimum investment term, and you can set up regular or one-off withdrawals at any time.

Low, low fees

We're focused on keeping fees low. Because the less we take, the more you can make.

Targets lower volatility

With a higher allocation to income assets, this fund suits investors seeking more stable short-term returns.

What this fund invests in

Its benchmark is the Bloomberg NZBond Govt 0+ Yr Index, which measures the performance of the most liquid New Zealand government bonds across all maturities.

 

It is designed to generate a return similar to the performance of the New Zealand government bond market and to be the New Zealand bond component of a diversified investment portfolio.

Target asset allocation

Performance

0.61%

1 Month

4.97%

6 Months

8.04%

1 Year

4.63%

2 Years

0.69%

3 Years

-0.38%

5 Years

* These returns are to 30-11-2024 and are before tax and after fund management fees. Yearly returns are per annum. Past performance is not necessarily an indicator of future performance and return periods may differ.

Risk Profile

The risk indicator reflects how much the value of the Fund’s assets goes up and down (volatility). A higher risk generally means higher potential returns over time, but more ups and downs along the way.

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Lower risk
Higher risk

Note that even the lowest category does not mean a risk-free investment, and there are other risks that are not captured in this rating. This risk indicator is not a guarantee of a fund’s future performance. While risk indicators are usually relatively stable, they do shift from time to time. The risk indicator reflects the most recent quarterly fund update or the PDS if a fund update has not yet been produced and will continue to be updated in future fund updates. See the product disclosure statement (PDS) for more information about the risk indicator and the risks associated with investing in this fund.

Frequently Asked Questions

What does the NZ Bond Fund invest in?

The NZ Bond Fund benchmark is the Bloomberg NZ Bond Government 0+ Index and aligns with our ethical investment policy. To see the top 10 holdings and full holdings for the Fund please use our Where is the World is My Money tool at this link.

Can the NZ Bond Fund decrease in value?

Yes. All investments carry risk. It is possible to see a negative return, particularly  over shorter periods of time and  in a rising interest rate environment.

What are the risks associated with a single-sector fund?

Investors face more concentration risk because of the narrower investment focus of single sector funds (less diversification)lack of diversification. This fund is intended to be a component of a diversified investment portfolio.

Key Documents

Latest Fund Update

This document is produced quarterly and tells you how the fund has performed and what fees were charged and will help you to compare the fund with other funds.

Product Disclosure Statement

This document gives you important information to help you decide whether you want to invest. There is other useful information about this offer on companiesoffice.govt.nz/disclose

Statement of Investment Policy and Objectives (SIPO)

This policy describes Simplicity NZ Limited’s Governing Principles, provides a description of the Scheme, outlines its purpose and philosophy, its investment objectives and policies. It also covers investment performance monitoring and reporting.

Responsible Investment Policy

This policy describes Simplicity NZ Limited’s approach to responsible investment. This policy is to be read alongside our scheme governing documents, including the Statement of Investment Policy and Objectives (“SIPO”), Product Disclosure Statement (“PDS”) and Other Material Information (“OMI”).

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Minutes to join

Grab your IRD number and driver licence or passport, and fill in the form. We’ll do everything else %)