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The GoalsGetter Smart Balanced fund is a diversified multi-asset balanced strategy targeting 60% growth assets and 40% income assets. The target allocation comprises international equities (37%), Australasian equities (14%), listed property (3%), other (6%), New Zealand fixed interest (17%), international fixed interest (17%) and cash (6%). The portfolio is implemented predominantly through index-tracking Smart wholesale funds, with disciplined rebalancing rather than tactical asset allocation.
Risk Indicator (volatility)
Target Asset Allocation
This number indicates the relative 'risk' level of this fund based on the types of assets it is invested in, ranging from level 1 (least risky) to 7 (most risky).
| Risk category | Description of volatility |
| 1 | Very low |
| 2 | Low |
| 3 | Medium |
| 4 | Medium to High |
| 5 | High |
| 6 | Very high |
| 7 | Extremely high |
The risk indicators are calculated using returns of the funds, the returns of the fund’s market index or a combination of both, for the previous five years. Index returns or a mix are used if the fund has existed for less than five years. All Managers are required to use the same methodology so you can compare the risk of different funds if you are researching more than one manager.
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Smart (Smartshares Limited) has been helping New Zealanders invest for 30 years, launching the country's first exchange-traded fund in 1996. It is a New Zealand index-tracking fund manager and New Zealand's largest listed ETF issuer, wholly owned by NZX, which has operated New Zealand's capital markets for more than 150 years.
Led by Chief Executive Lisa Turnbull and Chief Investment Officer Stuart Millar, Smart takes an asset-allocation-led, predominantly passive approach, building portfolios through Smart wholesale funds with disciplined rebalancing rather than tactical calls. Its international and Australasian equity allocations track ESG-screened indices that exclude controversial weapons, tobacco, and severe ESG controversies, while targeting lower carbon intensity than unscreened benchmarks.
As this is a new fund, performance data will be available once the fund has been established for one month.
| One month | Three months | One year | Three years (p.a) | Five years (p.a) | |
|---|---|---|---|---|---|
| Fund performance1 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Appropriate Market Index (AMI)2 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
AMI (appropriate market index) is a theoretical portfolio with similar underlying assets as the fund. This allows investors to see a comparison of how the value of those assets have changed in the market relative to the fund.
