Investnow Foundation Series High Growth Fund
Investnow KiwiSaver Scheme
Investnow Foundation Series High Growth Fund is an aggressive fund in the Investnow KiwiSaver Scheme. Its provider discloses a risk indicator of 5 out of 7 and an annual fund charge of 0.37%. This page sets out what the provider has disclosed on the Disclose Register, with the Morningstar return where there is one. It is general information, not a recommendation to join or switch.
- Morningstar return
- Not yetMorningstar 3 year+ returns are not available for this younger fund
- Risk indicator
- 5 of 7Disclosed by the provider
- Annual fund charge
- 0.37%Total, as a share of the amount invested
- Fund size
- $10.3 million446 investors
Morningstar lists this fund but does not yet report a return for it, because it has too short a record. The provider's own disclosed returns are further down this page.
What the provider says
Provides exposure to a diversified fund that invests in a portfolio of predominantly growth assets but with a small amount of income asset exposure. The underlying fund incorporates certain responsible investment considerations and is exposed to investment strategies that seek to limit exposure to companies involved in specific business practices
The fund's own description, as disclosed on the Disclose Register. Fund start date: 16 July 2025.
What the fund invests in
| Asset class | Target | Actual |
|---|---|---|
| International equities | 70.00% | 70.98% |
| Australasian equities | 28.00% | 28.22% |
| Cash and cash equivalents | 2.00% | 2.28% |
| Other | 0.00% | -1.48% |
Actual allocation as at 30 June 2026. Asset classes held at 0% are left out.
How it is managed
Management style: Mostly passive (index tracking). The fund is built mainly from index-tracking investments, with some actively managed parts. This describes how the fund is run, not whether one style is better.
The InvestNow Foundation Series High Growth Fund is a predominantly passively managed, aggressive, diversified fund option.
From the InvestNow KiwiSaver Scheme SIPO, 8 July 2026 (opens in a new tab), read on 31 October 2026.
Passive vs active KiwiSaver funds: what the difference means for you →
Largest investments
| Investment | Type | Country | Share of fund |
|---|---|---|---|
| Vanguard ESG US Stock ETF | International equities | US | 47.99% |
| Harbour Sustainable NZ Shares Fund | Australasian equities | NZ | 28.56% |
| Vanguard ESG INTL Stock ETF | International equities | US | 23.45% |
| Cash at Bank (BNZ) | Cash and cash equivalents | NZ | 2.15% |
Together 102.2% of the fund. The rest is spread across other holdings.
How spread out is it?
| Measure | Disclosed |
|---|---|
| Holdings the provider lists | 4 |
| The ten largest, together | 102.2% |
| Largest single holding | Vanguard ESG US Stock ETF, 48.0% of the fund |
48% of this fund is in one holding. A holding can itself be a fund or an ETF that holds many investments, and the register does not show what is inside it, so read the provider's Product Disclosure Statement for what sits underneath.
The risk indicator measures how much a fund's returns have moved, not how many investments it holds, so it cannot show concentration on its own. Two funds that hold the same index can carry different indicators. Shares are as the provider disclosed them, and a total above 100% is the provider's own figure.
Fees and charges
| Charge | Disclosed |
|---|---|
| Total annual fund charge | 0.37% |
| Manager's basic fee | 0.37% |
| Performance-based fees | 0.00% |
| Other management charges | 0.00% |
| Contribution fee | Not stated |
| Withdrawal fee | Not stated |
Charges as a share of the amount invested. A blank on the register is shown as not stated. How an adviser is paid is separate, and is set out in our disclosure statement.
Returns the provider has disclosed
These are the provider's own figures from its fund update. They are the register's "net" returns, which are after the fund's charges and after tax, so they will not match the Morningstar figures in the headline and in the next section, which are after charges and before tax. Read each on its own terms.
| Period | This fund |
|---|---|
| Average a year, since the fund started | 19.04% |
Returns reported by Morningstar
Morningstar 3 year+ returns are not available for this younger fund.
See the full Morningstar returns comparison → (opens in a new tab)
Other details
| Item | Disclosed |
|---|---|
| Asset liquidity ratio | 100.00% |
| Debt ratio | 0.00% |
| Provider last updated this fund | 5 August 2026 |
| Reporting period ended | 30 June 2026 |
Where this comes from
Fund details are from the Disclose Register (opens in a new tab), read on 31 October 2026. The Morningstar return is from the same report as the Morningstar returns comparison. Read the provider's current Product Disclosure Statement before you decide.
Cam compares KiwiSaver providers and funds across the wider NZ market, and a fund appearing here, or on his implementation panel, is not a recommendation. Whether a fund suits you depends on your goals, timeframe and comfort with risk. How Solid Steele is paid depends on the provider and is set out in the disclosure statement. A free KiwiSaver session is the way to see how it applies to you.
See every open fund in the Investnow KiwiSaver Scheme →
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