Balanced invests in a portfolio balanced between growth assets (e.g. shares) and income assets (e.g. fixed interest).
Benchmark asset allocation
Investment objective
To provide a long-term (10 years plus) return after tax and investment expenses of 3.0% p.a. above inflation. There is a reasonably small risk (approximately 1 in 20 years) of a member losing more than 8% in any year, with a current likelihood of a negative return of 1 year in every 4.
Estimated fund charges
Estimated total annual fund charges (p.a. of net asset value).
Historical returns
Current holdings
Information about asset classes held by Balanced
Download the latest PDF fact sheet
Growth assets
Global equities - unhedged
Russell Investments Global Shares Fund (283 KB)
Global equities - unhedged
Russell Investments Sustainable Global Shares Fund (175 KB)
Global equities - NZD hedged
Russell Investments Global Shares Fund - NZD hedged (265 KB)
Global equities - NZD hedged
Russell Investments Sustainable Global Shares Fund - NZD Hedged (192 KB)
New Zealand equities
Russell Investments NZ Shares Fund (224 KB)
Global listed property
Russell Investments Global Real Estate Securities Fund (1.6 MB)
Global listed infrastructure
Russell Investments Global Listed Infrastructure Fund (576 KB)