Compare Summer funds

The fund invests in cash, cash equivalents and short-term New Zealand fixed interest assets.

We aim to provide a return above the Official Cash Rate (OCR) over a rolling 12 month period.

65% Cash and cash equivalents
35% New Zealand Fixed Interest 

The fund invests in New Zealand fixed interest assets.

We aim to achieve long-term returns (before fees, taxes and other expenses) greater than the Bloomberg NZBond Composite 0+ Yr Index.

5% Cash and cash equivalents
95% New Zealand fixed interest

The fund invests in international fixed interest assets.

We aim to achieve long-term returns (before fees, taxes and other expenses) greater than the Bloomberg Global Aggregate Total Return Index (hedged to New Zealand dollars).

5% Cash and cash equivalents
95% International fixed interest

The fund invests mostly in New Zealand shares, and can invest in Australian listed shares where the company has meaningful operations in New Zealand.

We aim to achieve long-term returns (before fees, taxes and other expenses) greater than the S&P/NZX50 Gross with Imputation Index.

5% Cash and cash equivalents
85% Australasian equities
10% Listed property

The fund invests mostly in Australian shares, and can invest in New Zealand listed shares where the company has meaningful operations in Australia.

We aim to achieve long-term returns (before fees, taxes and other expenses) greater than the S&P/ASX 200 Accumulation Index, 50% hedged to the New Zealand dollar.

5% Cash and cash equivalents
85% Australasian equities
10% Listed property

The fund invests in listed financial products issued by entities whose principal business involves the owning or managing of property, property-like assets or real assets.

We aim to achieve long-term returns (before fees, taxes and other expenses) greater than the S&P/NZX All Real Estate Gross with Imputation Index.

5% Cash and cash equivalents
20% Australasian equities
5% International equities
70% Listed property

The fund invests in international shares.

We aim to achieve long-term returns (before fees, taxes and other expenses) greater than the MSCI ACWI Net Total Return Index, 50% hedged to the New Zealand dollar.

10% Cash and cash equivalents
90% International equities

We aim to achieve long-term returns (before fees, taxes and other expenses) greater than a composite benchmark.*

Investors can expect:

• moderate levels of movement up and down in value
• longer-term returns that are lower than those of the Summer Balanced Selection (but with less risk).

15% Cash and cash equivalents
31% New Zealand fixed interest
24% International fixed interest
11% Australasian equities
15% International equities
4% Listed property

We aim to achieve long-term returns (before fees, taxes and other expenses) greater than a composite benchmark.*

Investors can expect:

• moderate to high levels of movement up and down in value
• longer-term returns that are higher than those of the Summer Conservative Selection (but with more risk), and lower than those of the Summer Growth Selection (but with less risk).

7% Cash and cash equivalents
19% New Zealand fixed interest
19% International fixed interest
20% Australasian equities
30% International equities
5% Listed property

We aim to achieve long-term returns (before fees, taxes and other expenses) greater than a composite benchmark.*

Investors can expect:

• moderate levels of movement up and down in value
• longer-term returns that are higher than those of the Summer Balanced Selection (but with more risk).

4% Cash and cash equivalents
10% New Zealand fixed interest
6% International fixed interest
29% Australasian equities
45% International equities
6% Listed property