QUAYSTREET KIWISAVER SCHEME
QUAYSTREET FIXED INTEREST FUND
Defensive fund type
Here's what the provider says about this fund:
The QuayStreet Fixed Interest Fund invests in a diversified portfolio of fixed interest and derivative investments, with an emphasis on corporate bonds. The investment objective is to provide a level of return above the New Zealand corporate fixed interest market over the long term, consistent with the Fund’s benchmark. The Fund aims to make quarterly distributions.
The combined fees are how much you would have been charged for the year ended 31 March 2021 on the average KiwiSaver balance.
All the averages you see are for this same type of fund, so you’re comparing apples with apples.
Combined fees include
Membership fees per year
Here you’ll find the total breakdown of the combined fees. These don’t include other fees such as for switching or withdrawing.
+ Total fund fees
Annual management fee
Other fees and costs
Your KiwiSaver money is invested by a professional fund manager, so there are always fees to pay. Fees can have a big impact on your nest egg, especially in the long run, so it pays to keep a close eye on how they add up.
Combined fees example
On a defensive fund of $24,200 the annual fees would be approximately:
From the September 2021 KiwiSaver provider survey
We surveyed KiwiSaver providers on how many different ways they help their members with investment options, communicate with members, and the extra services they offer.
So this rating is more about the quantity than the quality of services.
Help with investment options
Communications to members
Here ‘help’ means things like online forms, tools, calculators and information on how to optimise your KiwiSaver.
More communication is not always better communication, but if the provider gives you options on how you like to be reached, that usually helps.
These extras include a range of additional services that are helpful.
Since October 2016
Warning about returns!
These show how funds have performed in the past, but that’s not a good guide to how they’ll perform in the future. Don’t switch funds based on past returns.
Compare past returns
Last twelve months
April 2019 - March 2020
April 2018 - March 2019
April 2017 - March 2018
April 2016 - March 2017
April 2015 - March 2016
April 2014 - March 2015
April 2013 - March 2014
April 2012 - March 2013
April 2011 - March 2012
The last twelve months refers to October 2020 to September 2021.
In general, it’s good to look at the longest possible time period when weighing returns. After all, with retirement savings, it’s the long game that counts.
More fund details
What’s in this fund
At 30 September 2021
This shows the actual mix of investments that this fund held on 30 September 2021. This mix continually changes because of market swings and managers’ rebalancing, so these percentages are a snapshot. But it will give you a good idea of where your money is being invested.
How this fund invests your money
- Number of members
- Total value of fund
- Date fund started
- 10 Nov 2009
Top 10 investments
These assets make up 25.23% of this fund.
|Kind of investment||Country||Percentage of the fund||Name|
|New Zealand fixed interest||NZ||3.82||Nz Govt Inflation Linked (Sep 2025)|
|New Zealand fixed interest||NZ||3.16||Nz Govt Inflation Linked (Sep 2030)|
|Cash and cash equivalents||NZ||2.83||Cash Anznz (Nzd)|
|New Zealand fixed interest||NZ||2.51||Asb Subordinated Notes (Dec 2026)|
|International fixed interest||AU||2.25||Apt Pipelines (March 2025)|
|Cash and cash equivalents||NZ||2.14||Asb Term Deposit 0.83% 30/11/21|
|International fixed interest||AU||2.14||Australian Gas Infrastructure Group (June 2027)|
|Cash and cash equivalents||NZ||2.13||Asb Term Deposit 1.50% 12/9/2022|
|New Zealand fixed interest||NZ||2.13||Kiwibank (Oct 2026)|
|New Zealand fixed interest||NZ||2.12||Vector (Oct 2026)|
|Name||Current position||Time in role|
|Andrew South||Director/Chief Investment Officer||0 years, 2 months|
|Roy Cross||Head Of Fixed Interest||0 years, 2 months|
|Stefan Stevanovic||Head Of International Equity||0 years, 2 months|
|Xavier Waterstone||Head Of Research||0 years, 2 months|
|Craig Smith||Fixed Income Analyst||0 years, 2 months|