SuperEasy Growth Fund
SuperEasy KiwiSaver Superannuation Scheme Closed-membership scheme
SuperEasy Growth Fund is a growth fund in the SuperEasy KiwiSaver Superannuation Scheme. Its provider discloses a risk indicator of 4 out of 7 and an annual fund charge of 0.32%. 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
- NoneMorningstar does not report a return for this fund
- Risk indicator
- 4 of 7Disclosed by the provider
- Annual fund charge
- 0.32%Total, as a share of the amount invested
- Fund size
- $41.7 million707 investors
This fund is not in the Morningstar report, so there is no Morningstar return to show. The provider's own disclosed returns are further down this page.
What the provider says
The Growth Fund target asset allocations are 70% in growth assets and 30% in income assets. Its objective is to achieve positive real returns over the medium to long term, while managing volatility through diversification of the Fund’s assets.
The fund's own description, as disclosed on the Disclose Register. Fund start date: 1 July 2007.
What the fund invests in
| Asset class | Target | Actual |
|---|---|---|
| International equities | 40% | 41.78% |
| International fixed interest | 15% | 15.73% |
| Listed property | 15% | 13.69% |
| Australasian equities | 15% | 13.64% |
| New Zealand fixed interest | 10% | 10.35% |
| Cash and cash equivalents | 5% | 4.81% |
Actual allocation as at 31 March 2026. Asset classes held at 0% are left out.
Largest investments
| Investment | Type | Country | Share of fund |
|---|---|---|---|
| HARBOUR NZ Core Fixed Interest Fund | New Zealand fixed interest | NZ | 10.35% |
| HARBOUR Enhanced Cash Fund | Cash and cash equivalents | NZ | 4.81% |
| HUNTER Global Fixed Interest Fund | International fixed interest | NZ | 15.73% |
| HARBOUR NZ Shares Index Fund | Australasian equities | NZ | 13.64% |
| MERCER Overseas Shares Index Portfolio | International equities | NZ | 29.86% |
| HARBOUR Real Estate Investment Fund | Listed property | NZ | 13.69% |
| MERCER Hedged Overseas Shares Index Portfolio | International equities | NZ | 11.92% |
Together 100.0% of the fund. The rest is spread across other holdings.
How spread out is it?
| Measure | Disclosed |
|---|---|
| The ten largest, together | 100.0% |
| Largest single holding | MERCER Overseas Shares Index Portfolio, 29.9% of the fund |
30% 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 register shows no full list of this fund's holdings, only the largest investments above.
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 | 0.32% |
| Manager's basic fee | 0.32% |
| Performance-based fees | 0.00% |
| Other management charges | 0.00% |
| Contribution fee | 0.00% |
| Withdrawal fee | 0.00% |
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, shown against the market index it chose. 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 | Market index |
|---|---|---|
| Past year | 8.91% | 9.80% |
| Average a year, 5 years | 4.83% | 5.57% |
| Average a year, since the fund started | 6.38% | 7.83% |
| Year | This fund | Market index |
|---|---|---|
| 12 months to 31 March 2026 | 8.91% | 9.80% |
| 12 months to 31 March 2025 | 4.73% | 5.31% |
| 12 months to 31 March 2024 | 11.63% | 13.87% |
| 12 months to 31 March 2023 | -3.47% | -4.05% |
| 12 months to 31 March 2022 | 2.35% | 3.78% |
| 12 months to 31 March 2021 | 21.71% | 24.26% |
| 12 months to 31 March 2020 | -3.57% | -1.31% |
| 12 months to 31 March 2019 | 8.96% | 11.91% |
| 12 months to 31 March 2018 | 5.99% | 8.60% |
| 12 months to 31 March 2017 | 6.54% | 8.75% |
A return says what happened and not what will.
Market index: The market index return is the strategic asset allocation weighted benchmark index return, where the benchmark indices are defined in the Statement of Investment Policy and Objectives.
Returns reported by Morningstar
This fund is not in the Morningstar report, so there are no Morningstar returns to show. The provider's own disclosed returns are above.
See the full Morningstar returns comparison → (opens in a new tab)
Other details
| Item | Disclosed |
|---|---|
| Asset liquidity ratio | 100.62% |
| Debt ratio | 0.58% |
| Provider last updated this fund | 3 July 2026 |
| Reporting period ended | 31 March 2026 |
Where this comes from
Fund details are from the Disclose Register (opens in a new tab), read on 8 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 SuperEasy KiwiSaver Superannuation Scheme →