KiwiSaver
High Growth Fund

This fund invests mostly in growth assets.

The minimum suggested investment timeframe is 10 years.

Simplicity Fee

0.29%

Market Average

1.04% *

* Market average fee sourced from Sorted Smart Investor based on $10,000 in diversified funds with a similar growth / income asset allocation during the 12 months that ended on 31 March 2022. Simplicity fee as at 1 May 2023.

What this fund invests in

Over 4,000 investments in more than 20 countries.

The target asset allocations are 98% in growth assets (73% International shares, 15% New Zealand shares, and 10% unlisted property), and 2% in income assets (2% cash and cash equivalents).

 

The returns and volatility from the fund is likely to be higher over the longer term (10 years or more) than the other Funds.

 

This option suits members seeking long term growth and able to tolerate greater volatility of returns.

Target asset allocation

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’s the difference between your Growth Fund and High Growth Fund?

The High Growth Fund has a higher allocation to growth assets, including international shares and unlisted property investments.  

The Growth Fund has a target asset allocation of 80% to growth assets, compared to 98% for the High Growth Fund.

Is the High Growth Fund similar to an aggressive fund?

Yes. Funds using the word ‘aggressive’ or ‘high growth’ in their name would usually be expected to hold a significant majority of their value in growth assets, with less than 10% of their value to be income assets.

Who is managing the Funds’ international share and bond investments?

From 28 April 2023 we changed the manager of our international investment portfolios from Vanguard to DWS International GmbH (DWS).

Key Documents

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”).

Other funds you may be interested in..

Growth

This fund invests mostly in growth assets, with a limited exposure to income assets.

Balanced

This fund is invested in a mix of growth and income assets.

Conservative

This fund is mostly invested in income assets, with a limited exposure to growth assets.

Default

This fund is invested in a mix of growth and income assets.

Defensive

This fund is mostly invested in income assets, with very limited exposure to growth assets.

Minutes to join

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