Compare Summer funds

 

Fund Brief description of fund and investment objective Target investment mix Risk indicator Minimum suggested investment timeframe Annual fund charges
Summer New Zealand Cash*

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

We aim to achieve competitive returns compared to money held on call.

NZ Cash3

75% Cash and cash equivalents
25% New Zealand Fixed Interest 

 RiskGauge14

 

None 0.9% p.a.
Summer New Zealand Fixed Interest*

The fund invests in selected New Zealand fixed interest assets.

We aim to achieve positive long-term returns.

NZ Fixed Interest

5% Cash and cash equivalents
90% New Zealand fixed interest
5% International fixed interest

RiskGauge7 At least three years 0.9% p.a.
Summer Global Fixed Interest*

The fund invests in selected international fixed interest assets.

We aim to achieve positive long-term returns.

Global Fixed Interest 

5% Cash and cash equivalents
15% New Zealand fixed interest
80% International fixed interest

RiskGauge8 At least three years 0.9% p.a.
Summer New Zealand Equities*

The fund invests in selected New Zealand shares.

We aim to achieve positive long-term returns.

NZ Equities2

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

RiskGauge9 At least five years 0.9% p.a.
Summer Australian Equities*

The fund invests in selected Australian shares.

We aim to achieve positive long-term returns.

Aus Equities2 

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

RiskGauge10 At least five years 0.9% p.a.
Summer Listed Property*

The fund invests in selected listed property vehicles.

We aim to achieve positive long-term returns.

Listed Property2

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

RiskGauge11 At least five years 0.9% p.a.
Summer Global Equities*

The fund invests in selected international shares.

We aim to achieve positive long-term returns.

Global Equities

10% Cash and cash equivalents
90% International equities

 

RiskGauge35

At least five years 0.9% p.a.
Summer Conservative Selection**

We aim to achieve positive long-term returns by choosing a greater exposure to cash and fixed interest investments and a lesser exposure to equity and property investments.

Investors can expect low to moderate levels of movement up and down in value and to receive longer-term returns that are lower than those of the Summer Balanced Selection.

Conservative Selection

23% Cash and cash equivalents

31% New Zealand fixed interest
16% International fixed interest
13% Australasian equities
12% International equities
5% Listed property

 

 RiskGauge15 At least three years  0.9% p.a.
Summer Balanced Selection*

We aim to achieve positive long-term returns by choosing a mix of cash, fixed interest, equity and property investments.

Investors can expect moderate to high levels of movement up and down in value and to receive longer-term returns that are higher than those of the Summer Conservative Selection but lower than those of the Summer Growth Selection.

Balanced Selection2

15% Cash and cash equivalents
20% New Zealand fixed interest
10% International fixed interest
25% Australasian equities
25% International equities
5% Listed property

RiskGauge13 At least five years 0.9% p.a.
Summer Growth Selection**

We aim to achieve positive long-term returns by choosing a lesser exposure to cash and fixed interest investments and a greater exposure to equity and property investments. 

Investors can expect moderate to high levels of movement up and down in value and to receive longer-term returns that are higher than those of the Summer Balanced Selection.

Growth Selection

7% Cash and cash equivalents

9% New Zealand fixed interest
4% International fixed interest
38% Australasian equities
37% International equities
5% Listed property

 RiskGauge16 At least five years  0.9% p.a.

If you are not sure which investment choice is right for you, you will find information in the product disclosure statement that can assist you. We also have a short questionnaire which allows you to discover what your risk appetite is.

If you are ready to join Summer it's quick and easy to complete the form to get the process underway. Just have your IRD number and drivers licence or passport ready.

Determine your investment profile 

Join the Summer KiwiSaver scheme

 

* These funds started on 16/9/2016 and ** these funds started on 8/4/2019. We’ve calculated the risk indicator using market index return data for periods before those dates, and actual fund return data afterwards. Using market index return data may make the risk indicator a less reliable indicator of how much fund values might go up and down in future. If a fund mainly invests into another fund with a higher risk indicator, we’ve used that higher number.