Nz Funds Kiwisaver Scheme
Inflation Strategy
The Smiths take
Inflation Strategy Smiths Rating B
Smiths' editorial rating, our internal opinion based on 10-year returns, fees, and risk band fit. Not a formal credit rating or regulated star rating.
Smiths reviews this fund against every other aggressive option in NZ on net-of-fees returns, total fees, and band fit. The full Sorted snapshot is below.
General information only · Past performance is not a reliable indicator of future performance · For personal advice please contact us.
At a glance
This fund is for investors seeking
Three quick reads for whether the Inflation Strategy fits your situation.
A 10+ years timeframe
This is a aggressive KiwiSaver fund. The provider's recommended minimum holding period sits in the 10+ years range.
A higher-risk investment
Sorted's risk indicator places this at 5 on a 1–7 scale. Bigger swings, potentially higher long-term returns.
Mostly growth assets
98% growth assets (shares, property) and 2% income assets (bonds, cash). Spread across multiple asset classes.
Snapshot
The headline numbers
Mix
97.68% / 2.32%
Growth / Income · avg 98.25% / 1.75%
Fees
1.52%
$456 on $30k · avg 1.95%
5-yr return
3.90%
Annualised, after fees & 28% PIR
What the provider says
In their own words
“The objective of the Inflation Strategy is to mitigate the impact of inflation on your investment over the medium and/or long term. The fund is anticipated to mainly own and trade New Zealand, Australian and international shares over the minimum suggested timeframe.”
- Fund start date
- 1 November 2010
- Withdrawal rules
- This is a KiwiSaver fund. generally you can withdraw only to purchase a first home, after the age of 65, or in cases of significant financial hardship.
Asset mix
What this fund actually holds
Growth assets are 97.68% of the fund, income assets the rest. The mix is the latest snapshot from Sorted, with the average for this risk band's KiwiSaver funds shown alongside.
- Sharesthis fundavg
63.11%
avg 87.94%
- Propertythis fundavg
34.57%
avg 8.38%
- Otherthis fundavg
0.00%
avg 1.93%
- Bondsthis fundavg
0.01%
avg 0.38%
- Cashthis fundavg
2.31%
avg 1.37%
What it owns
Top 10 holdings. 24.26% of the fund
The rest is spread across hundreds of other positions. Full holdings live in the provider's portfolio file.
Westpac Cash
Cash
Cash and Cash EquivalentsNZ4.18%Goldman Sachs Otc Derivatives
Cash
Cash and Cash EquivalentsNZ3.44%Mercury Nz Ltd
Shares
Australasian EquitiesNZ2.34%Meridian Energy Ltd
Shares
Australasian EquitiesNZ2.34%Telstra Corp Ltd
Shares
Australasian EquitiesAU2.34%Chorus Ltd
Shares
Australasian EquitiesNZ2.30%Contact Energy Ltd
Shares
Australasian EquitiesNZ2.29%Summerset Group Holdings Ltd
Shares
Australasian EquitiesNZ1.71%Ryman Healthcare Ltd
Shares
Australasian EquitiesNZ1.67%Precinct Properties Group
Property
Listed PropertyNZ1.65%
Fees breakdown
What you actually pay
Modelled on a $30,000 balance held for one full year. Each line shows this fund's % and dollar cost vs. the average for funds in the same risk band.
Management
Charged by the fund manager, % of your balance.
1.05%
avg 0.73%
$315
avg $219
+0.32%Other
Other potential costs not in the categories below.
63.11%
avg 87.94%
-
avg -
−24.83%Performance-based
Higher when the fund (or underlying fund) performs well.
0.00%
avg -
$0
avg -
Membership
A flat annual fee, regardless of balance or performance.
0.10%
avg 0.05%
$30
avg $16
+0.05%
Total combined fees
Doesn't include fees for one-off activities like transferring or withdrawing.
1.52%
avg 1.95%
$456
avg $585
Yearly returns
3.90% per year over 5 years
Each bar is the 12-month return ending in March, after fees and 28% PIR. Past performance is not a reliable indicator of future performance.
Returns: living in the past
Seeking returns is the point of investing, but the ones shown above are already gone. they won't continue. Pick a fund based on the right mix for your situation and reasonable fees, not on past returns.
Risk indicator
Sorted risk rating: 5 of 7
The Sorted risk indicator is calculated from the last 5 years of price volatility. Higher = more ups and downs but typically higher long-term returns.
Fund details
The unsexy stats that matter
- Total fund value
- $214,128,632
- Members
- 21,989
- Asset liquidity ratio
- 99.99%
- Debt ratio
- 0.18%
- Default KiwiSaver fund
- No
- Fund reference
- FND1581
Manager
Nz Funds Kiwisaver Scheme
Licensed with the Financial Markets Authority.
- NZBN
- 9429039444158
- FSP number
- FSP27062
Smiths Health Check
Is the Inflation Strategy actually the right fund for you?
Take the 90-second Health Check. We'll grade your current setup, tell you what it's costing you, and recommend the best fit from our advised panel, benchmarked against every fund in the directory, not just nz.
Our directory covers every NZ KiwiSaver fund. Our advice panel is five schemes (ANZ, Booster, Fisher Funds, Generate, Milford); recommendations land on four funds across Milford and Booster — how we're paid →