# SBS Wealth Balanced Strategy

> Mechanical fund record. Sourced from the FMA Disclose register. ManagedFundsNZ does not give financial advice and does not publish opinion-based ratings.

- **Manager:** SBS Wealth (FundRock NZ Limited), parent SBS Bank
- **Asset class:** Diversified Funds
- **Risk profile:** balanced
- **Structure:** NZ Portfolio Investment Entity (PIE) — investor tax capped at PIR (max 28%)
- **Confidence tier:** C (Sorted Smart Investor → FMA Disclose)
- **Last verified:** 2026-05-22

## Summary

The SBS Wealth Balanced Strategy is a diversified managed fund run by SBS Wealth. SBS Bank-branded retail managed-fund range issued by FundRock NZ; multi-asset strategies plus Australasian / world equity and bond portfolios.

## Fund data

- **Annual fund charge:** 1.03% p.a. (from the latest Quarterly Fund Update)
- **Risk indicator:** 4/7 on the FMA-mandated standardised scale (1 = lower risk, 7 = higher risk)
- **Fund size (AUM):** NZ$17 million
- **Asset mix:** 53% growth assets · 47% income assets
- **Fund started:** 27 June 2024
- **Minimum initial investment:** NZ$500

## Top 10 holdings

1. Dimensional Global Sustainability PIE Fund (NZD Hedged) — 21.34%
2. Harbour NZ Core Fixed Interest Fund — 14.37%
3. IShares Global Aggregate Bond ESG UCITS ETF NZD Hedged — 11.16%
4. Hunter Global Fixed Interest Fund — 4.39%
5. Dimensional Two-Year Sustainability Fixed Interest PIE Fund — 4.21%
6. Dimensional Global Bond Sustainability PIE Fund — 4.07%
7. Cash Deposit (ANZ Bank) — 3.93%
8. Schroder Global Emerging Markets Fund — 3.07%
9. Dimensional Australian Sustainability PIE Fund — 2.72%
10. Munro Global Growth Climate Leaders PIE Fund — 1.84%

Holdings are disclosed in every Quarterly Fund Update; the full portfolio holdings file is available via the FMA Disclose register.

## How to invest

Available via: SBS Wealth directly. Read the current Product Disclosure Statement (PDS) before investing.

## Sources

- **FMA Disclose register** (primary): https://disclose-register.companiesoffice.govt.nz/search?searchType=ALL&q=SBS%20Wealth%20Balanced%20Strategy
- **Product Disclosure Statement:** /disclose-document/mdo1ed6fe66c5c53283ffa3ac286f4ef6a2/SBS-Wealth-Investment-Funds-Product-Disclosure-Statement-112025.pdf
- **Sorted Smart Investor** (cross-validation): https://smartinvestor.sorted.org.nz/kiwisaver-and-managed-funds/SCH11160/OFR11164/FND49639/
- **Manager website:** https://sbsbank.co.nz/sbs-wealth

## Citations (authoritative primary sources)

- FMA Disclose register — https://disclose-register.companiesoffice.govt.nz/ (publisher: Financial Markets Authority, NZ)
- Inland Revenue — PIE / PIR rules — https://www.ird.govt.nz/roles/portfolio-investment-entities
- Financial Markets Conduct Act 2013 — https://www.legislation.govt.nz/act/public/2013/0069/latest/DLM4090578.html
- Sorted Smart Investor (cross-validation only) — https://smartinvestor.sorted.org.nz/

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- **First published:** 2026-05-08
- **Last refreshed:** 2026-05-22
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ManagedFundsNZ is independent. We are not a Financial Advice Provider. This page is general information sourced from the FMA Disclose register; it is not personalised financial advice. Read the current PDS and consider talking to a licensed adviser before investing.