{
  "schemaVersion": "1.0",
  "canonicalUrl": "https://managedfunds.nz/funds/summer/balanced-selection/",
  "fetchedAt": "2026-05-22T05:19:08.606Z",
  "fund": {
    "slug": "balanced-selection",
    "name": "Summer Balanced Selection",
    "managerSlug": "summer",
    "category": "diversified",
    "riskProfile": "balanced",
    "isPie": true,
    "isEtf": null,
    "ticker": null,
    "isHedged": null,
    "isResponsibleInvestment": null,
    "isThematic": null,
    "isFifNotPie": null,
    "shortDescription": null,
    "availableVia": [
      "direct"
    ],
    "dataStatus": "pending-ingestion"
  },
  "manager": {
    "slug": "summer",
    "name": "Summer",
    "legalName": "Forsyth Barr Investment Management Limited",
    "parent": "Forsyth Barr",
    "website": "https://www.summer.co.nz",
    "hq": "Dunedin"
  },
  "category": {
    "slug": "diversified",
    "name": "Diversified Funds",
    "shortName": "Diversified"
  },
  "metrics": {
    "status": "ok",
    "matchScore": 3,
    "sortedFundName": "SUMMER BALANCED SELECTION",
    "sortedManager": "FORSYTH BARR INVESTMENT MANAGEMENT LIMITED summer.co.nz",
    "sortedUrl": "https://smartinvestor.sorted.org.nz/kiwisaver-and-managed-funds/SCH10648/OFR10856/FND1190/",
    "fetchedAt": "2026-05-22T03:05:50.050Z",
    "source_doc": "sorted/SCH10648/OFR10856/FND1190",
    "source_doc_date": "2026-05-22",
    "source_doc_url": "https://smartinvestor.sorted.org.nz/kiwisaver-and-managed-funds/SCH10648/OFR10856/FND1190/",
    "source_tier": "C",
    "riskIndicator": 4,
    "annualFundChargePct": 1.02,
    "peerAvgFeePct": 0.91,
    "fiveYearReturnPct": 3.36,
    "peerAvg5YearReturnPct": 3.87,
    "growthAssetsPct": 53.72,
    "incomeAssetsPct": 46.28,
    "fundSizeNzd": 125060327,
    "pdsUrl": "/disclose-document/b6f336e391007734/Summer-Kiwi-Saver-Scheme-Product-Disclosure-Statement-14-May-2026.pdf",
    "strategySummary": "“\n                            The Summer Balanced Selection fund invests in a balanced mix of cash, fixed interest, equity and property investments. We aim to achieve long-term returns (before fees, taxes and other expenses) greater than a composite benchmark. Investors can expect moderate to high levels of movement up and down in value and, longer-term returns that are higher than those of the Summer Conservative Selection (but with more risk), and lower than those of the Summer Growth Selection (but with less risk).\n                            ”",
    "topHoldings": [
      {
        "asset": "Hunter Global Fixed Interest Fund",
        "assetClass": "Bonds",
        "type": "International Fixed Interest",
        "country": "NZ",
        "weightPct": 18.09
      },
      {
        "asset": "Vanguard ESG US Stock ETF",
        "assetClass": "Shares",
        "type": "International Equities",
        "country": "US",
        "weightPct": 1.89
      },
      {
        "asset": "Fisher & Paykel Healthcare Corporation Limited",
        "assetClass": "Shares",
        "type": "Australasian Equities",
        "country": "NZ",
        "weightPct": 1.87
      },
      {
        "asset": "New Zealand Government 1.5% 15/05/2031",
        "assetClass": "Bonds",
        "type": "New Zealand Fixed Interest",
        "country": "NZ",
        "weightPct": 1.8
      },
      {
        "asset": "New Zealand Government 14/04/2033 3.5",
        "assetClass": "Bonds",
        "type": "New Zealand Fixed Interest",
        "country": "NZ",
        "weightPct": 1.39
      },
      {
        "asset": "Precinct Properties New Zealand Limited",
        "assetClass": "Property",
        "type": "Listed Property",
        "country": "NZ",
        "weightPct": 1.35
      },
      {
        "asset": "Goodman Property Trust",
        "assetClass": "Property",
        "type": "Listed Property",
        "country": "NZ",
        "weightPct": 1.33
      },
      {
        "asset": "Kiwi Property Group Limited",
        "assetClass": "Property",
        "type": "Listed Property",
        "country": "NZ",
        "weightPct": 1.07
      },
      {
        "asset": "Microsoft Corporation",
        "assetClass": "Shares",
        "type": "International Equities",
        "country": "US",
        "weightPct": 1.07
      },
      {
        "asset": "New Zealand Government 15/05/2032 2.00",
        "assetClass": "Bonds",
        "type": "New Zealand Fixed Interest",
        "country": "NZ",
        "weightPct": 1
      }
    ],
    "fundStartDate": "19 September 2016",
    "minimumInvestmentNzd": null,
    "documents": [
      {
        "label": "SUMMER BALANCED SELECTION (FND1190) Full portfolio holdings 31 March 2026.xlsx Download the full portfolio holdings. XLSX, 0.35 KB",
        "href": "https://smartinvestor.sorted.org.nz/disclose-document/full-portfolio/FND1190/SUMMER-BALANCED-SELECTION-FND1190-Full-portfolio-holdings-31-March-2026.xlsx"
      },
      {
        "label": "Summer Kiwi Saver Scheme Product Disclosure Statement 14 May 2026.pdf How this investment works, including about the provider, risks, costs and potential returns PDF, 1.75 MB",
        "href": "https://smartinvestor.sorted.org.nz/disclose-document/b6f336e391007734/Summer-Kiwi-Saver-Scheme-Product-Disclosure-Statement-14-May-2026.pdf"
      },
      {
        "label": "Summer Kiwi Saver Fund Update BAL.pdf The quarterly update published by the provider PDF, 249.26 KB",
        "href": "https://smartinvestor.sorted.org.nz/disclose-document/ac5fde153d18366b/Summer-Kiwi-Saver-Fund-Update-BAL.pdf"
      },
      {
        "label": "Summer Kiwi Saver Scheme SIPO 14 May 2026.pdf This is the Statement of Investment Policy and Objectives for the Summer KiwiSaver Scheme PDF, 516.12 KB",
        "href": "https://smartinvestor.sorted.org.nz/disclose-document/ec1d4658442157dc/Summer-Kiwi-Saver-Scheme-SIPO---14-May-2026.pdf"
      },
      {
        "label": "Summer Kiwi Saver Scheme OMI 14 May 2026.pdf This document contains additional information relating to the Summer KiwiSaver Scheme PDF, 423.50 KB",
        "href": "https://smartinvestor.sorted.org.nz/disclose-document/65673d28b1ac1646/Summer-Kiwi-Saver-Scheme-OMI---14-May-2026.pdf"
      },
      {
        "label": "Summer Kiwi Saver Scheme SIPO 14 May 2026.pdf Statement of investment policy and objectives PDF, 516.12 KB",
        "href": "https://smartinvestor.sorted.org.nz/disclose-document/f2e0719e9dbf7d0b/Summer-Kiwi-Saver-Scheme-SIPO---14-May-2026.pdf"
      }
    ]
  },
  "sources": {
    "fmaDisclose": "https://disclose-register.companiesoffice.govt.nz/search?searchType=ALL&q=Summer%20Balanced%20Selection",
    "sortedSmartInvestor": "https://smartinvestor.sorted.org.nz/kiwisaver-and-managed-funds/SCH10648/OFR10856/FND1190/",
    "productDisclosureStatement": "/disclose-document/b6f336e391007734/Summer-Kiwi-Saver-Scheme-Product-Disclosure-Statement-14-May-2026.pdf"
  },
  "licence": {
    "reuse": "Citation with link-back to canonicalUrl required. No paid redistribution.",
    "contact": "hello@managedfunds.nz"
  }
}