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 an associated 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 (172 KB)
NZ fixed interest
Mercer NZ Fixed Interest (157 KB)
International fixed interest - global credit
International Fixed Interest – Global Credit (157 KB)
International fixed interest - sovereign bonds
International fixed interest – sovereign bonds (157 KB)
Growth assets
Trans-Tasman equities
Mercer Trans Tasman Shares (148 KB)
International equities
International equities (149 KB)
International indexed equities
International indexed equities (149 KB)
International equities - emerging markets
International equities – emerging markets (149 KB)
International listed property
Mercer Listed Property (198 KB)
International listed infrastructure
Mercer Listed Infrastructure (198 KB)