JMI WEALTH KIWISAVER SCHEME
Balanced Fund
Returns
N/A
Five Year Average Return
Returns (green) show the fund’s growth over the five years to 30 June 2025, after fees and taxes. Compare these results with the average Growth KiwiSaver fund (light green).
Fees
1.35%
One Year Average Fees
Fees shown here (blue) represent what you would pay over a year if you had $30,000 invested in this fund. Compare them with the average fees for Growth KiwiSaver funds (light blue).
Asset Mix
The fund’s mix of growth assets (shares, property) and income assets (bonds, cash) as of 30 June 2025. The average mix for aggressive KiwiSaver funds is shown in light blue.
Key Takeaways
Here’s the provider’s overview of the managed fund:
“ Aims to provide a medium level of capital growth over the medium to long term (at least 5 years). The fund invests similar proportions in income and growth assets. ”
When can I get my money out?
This is a KiwiSaver fund, which means generally you can withdraw only to purchase a first home, after the age of 65 or in cases of financial hardship.
Asset mix
This fund's asset mix
Average for Growth funds
Your investment mix shapes your outcome
The balance of assets you choose — your asset allocation, has the biggest impact on how your investments perform and how much their value may rise or fall along the way. Selecting that balance is crucial. By adjusting the proportion of growth-oriented investments you include, you’re effectively setting your preferred level of risk. Generally, taking on more risk can increase the potential for higher returns, but there’s never a guarantee — that’s the nature of risk. To find an allocation suited to your personal circumstances (sometimes called your risk profile), you can start with an investor risk questionnaire or a KiwiSaver-specific guide.
Top 10 investments
These assets make up 45.26% of this fund.
| Asset | Asset Class | Type | Country | % of Fund |
|---|---|---|---|---|
| ISHARES MSCI EM IMI SCREENED UCITS ETF | Shares | International equities | IE | 2.99% |
| MORTGAGE PASSTHROUGH TBA | Bonds | International fixed interest | US | 2.65% |
| MILFORD TRANS TASMAN BOND FUND | Bonds | New Zealand fixed interest | NZ | 3.35% |
| SALT SUSTAINABLE GLOBAL LISTED INFRASTRUCTURE FUND | Other | Other | NZ | 3.42% |
| CAPITAL GROUP NEW PERSPECTIVE FUND LUX | Shares | International equities | LU | 4.09% |
| NIKKO AM GLOBAL BOND FUND | Bonds | International fixed interest | NZ | 5.30% |
| SCHRODER SUSTAINABLE GLOBAL CORE PIE FUND | Shares | International equities | NZ | 5.35% |
| SCHRODER SUSTAINABLE GLOBAL CORE PIE FUND HEDGED | Shares | International equities | NZ | 5.55% |
| NZD CASH ACCOUNT (ANZ BANK) | Cash | Cash and equivalents | NZ | 5.94% |
| NIKKO AM NZ BOND FUND | Bonds | New Zealand fixed interest | NZ | 6.62% |
Fees
1.35%
This Fund
1.05%
Average Growth Kiwisaver funds
The blue segment shows the annual fees you’d pay if you invested $30,000 in this fund. The grey segment represents the typical yearly fees for an average Growth KiwiSaver fund, so you can compare them directly.
Smaller Fees, Bigger Potential
When it comes to investing, spending more doesn’t automatically lead to stronger results. In fact, higher fund fees can often eat into your returns. Remember, what you keep is calculated after fees and taxes are deducted. Because no one can predict how any fund will perform, it’s generally wise to look for options with lower costs whenever you can.
Fees breakdown
| Fee Type | % Over a year | Amount paid on a 30k balance |
|---|---|---|
| Management This fee is charged to you by the fund manager on the fund or an underlying fund, and is based on a percentage of your balance. | 0.93% Average: 0.89% | $279.00 Average: $266.96 |
| Other This is a summary of other potential costs not covered in the categories displayed. | 0.30% Average: 0.11% | $90.00 Average: $33.16 |
| Performance-based These fees are based on the performance of the fund or underlying fund. When the fund performs well, these will be higher. | N/A Average: 0.00% | $0.00 Average: $0.00 |
| Membership You pay this membership charge (a flat fee) each year, regardless of your balance or the fund's performance. | 0.12% Average: 0.05% | $36.00 Average: $16.04 |
| Total combined fees These are a total of management and administration charges and performance-based fees over a year. They do not necessarily include fees for activities like transferring or withdrawing. | 1.35% Average: 1.05% | $405.00 Average: $316.16 |
Returns
No five-year data available
This Fund
7.21%
Average Growth Kiwisaver funds
Over the past five years, this fund delivered the average annual return shown here (in green) to investors, after fees and taxes (28% PIR) were applied. For comparison, the average return over the same period for all Growth KiwiSaver funds is shown in grey.
Returns: Reflecting the Past
Investing is about seeking returns, but the figures shown here represent historical performance—they cannot be relied upon to continue in the future. Selecting a fund solely based on past performance is not advisable. A well-informed decision should consider factors such as an appropriate investment mix for your goals and reasonable fees.
Risks
Risk indicator
This indicator reflects how much the investment’s value has fluctuated over time. It is calculated from the fund’s five-year performance, or from a comparable market index if the fund has a shorter history.
Additional details
Manager information
| Name | SMARTSHARES LIMITED |
| Type | NZ Limited Company |
| Website | jmiwealthkiwisaver.co.nz |
| NZBN | 9429038512483 |
| FSP Number | FSP26531 |
Fund information
| Asset liquidity ratio | 100.00% |
| Total value of fund | $3455827 |
| Debt ratio |
Helping Kiwis make smarter KiwiSaver choices. Compare funds, check fees, and see which scheme fits your future.
Compare
Important Information and Disclosure
The information provided on this website is not a recommendation to buy, sell, or hold any financial products. Nothing on this website constitutes financial advice for the purposes of the Financial Markets Conduct Act 2013. KiwiSaverComparison.co.nz is not a licensed Financial Advice Provider.
Investing involves risk. The value of your KiwiSaver investment can go down as well as up, and you may get back less than you put in. Past performance is not a reliable indicator of future returns.
Before making any investment decision, you should read the Product Disclosure Statement (PDS) for the fund carefully. If you have questions or are unclear about the implications of your investment decision, you should seek advice from a licensed Financial Advice Provider.
All information displayed is sourced from KiwiSaver providers, the Disclose Register, or publicly available sources. We take reasonable steps to ensure accuracy but cannot guarantee information is always current or complete.
KiwiSaverComparison.co.nz may receive referral fees or commissions from KiwiSaver providers if you sign up via links on this website. These payments do not influence the order, ranking, or inclusion of products displayed.
For more information, please see our Terms of Service, Privacy Policy, and Disclosure Statement.
© 2025 KiwisaverComparison.co.nz. All rights reserved.