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).
Current holdings
Information about asset classes held by Balanced
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Growth assets
Global equities - unhedged
Russell Investments Global Shares Fund (242 KB)
Global equities - unhedged
Russell Investments Sustainable Global Shares Fund (159 KB)
Global equities - NZD hedged
Russell Investments Global Shares Fund - NZD hedged (243 KB)
Global equities - NZD hedged
Russell Investments Sustainable Global Shares Fund - NZD Hedged (157 KB)
New Zealand equities
Russell Investments NZ Shares Fund (218 KB)
Global listed property
Russell Investments Global Real Estate Securities Fund (126 KB)
Global listed infrastructure
Russell Investments Global Listed Infrastructure Fund (514 KB)