Balanced
Balanced invests in a mix of income assets (e.g. fixed interest) and growth assets (e.g. shares).
Target asset allocation
Investment expectation
To provide medium-level returns, with a moderate level of risk. As a guide to members, Balanced is expected to provide a long-term return after tax and investment expenses of 2.5% p.a. above the inflation rate, with the likelihood of a negative return approximately 1 year in every 4. Minimum suggested investment timeframe: 8 years.
Estimated fund charges
Estimated total annual fund charges (p.a. of net asset value).
Historical returns
Information about asset classes held by Balanced
Income assets
NZ cash and cash equivalents
Mercer Cash Q2 2024 (211 KB)
NZ fixed interest
Mercer NZ Fixed Interest Q2 2024 (212 KB)
International fixed interest - global credit
International Fixed Interest - Global Credit Q2 2024 (272 KB)
International fixed interest - sovereign bonds
International fixed interest - sovereign bonds Q2 2024 (273 KB)
Growth assets
Trans-Tasman equities
Mercer Trans Tasman Shares Q2 2024 (213 KB)
International equities
International equities Q2 2024 (330 KB)
International indexed equities
International indexed equities Q2 2024 (790 KB)
International equities - emerging markets
International equities - emerging markets Q2 2024 (213 KB)
International listed property
Mercer Listed Property Q2 2024 (212 KB)
International listed infrastructure
Mercer Listed Infrastructure Q2 2024 (212 KB)