# Summer Growth Selection

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

- **Manager:** Summer (Forsyth Barr Investment Management Limited), parent Forsyth Barr
- **Asset class:** Diversified Funds
- **Risk profile:** growth
- **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 Summer Growth Selection is a diversified managed fund run by Summer. Forsyth Barr-owned retail investment brand with a Selection multi-asset range and single-asset-class index funds.

## Fund data

- **Annual fund charge:** 1.02% p.a. (from the latest Quarterly Fund Update)
- **5-year return (after charges, after tax at 28% PIR):** 4.51% p.a.
- **Risk indicator:** 4/7 on the FMA-mandated standardised scale (1 = lower risk, 7 = higher risk)
- **Fund size (AUM):** NZ$111 million
- **Asset mix:** 78% growth assets · 22% income assets
- **Fund started:** 8 April 2019

## Top 10 holdings

1. Hunter Global Fixed Interest Fund — 4.97%
2. Vanguard ESG US Stock ETF — 2.75%
3. Fisher & Paykel Healthcare Corporation Limited — 2.46%
4. Microsoft Corporation — 1.55%
5. Precinct Properties New Zealand Limited — 1.53%
6. Goodman Property Trust — 1.51%
7. Vanguard ESG International Stock ETF — 1.40%
8. BHP Group Limited — 1.31%
9. Auckland International Airport Limited — 1.29%
10. Alphabet Inc. Class A — 1.28%

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: Summer 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=Summer%20Growth%20Selection
- **Product Disclosure Statement:** /disclose-document/b6f336e391007734/Summer-Kiwi-Saver-Scheme-Product-Disclosure-Statement-14-May-2026.pdf
- **Sorted Smart Investor** (cross-validation): https://smartinvestor.sorted.org.nz/kiwisaver-and-managed-funds/SCH10648/OFR10856/FND13671/
- **Manager website:** https://www.summer.co.nz

## 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/

## This file

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- **First published:** 2026-05-08
- **Last refreshed:** 2026-05-22
- **Reuse licence:** citation with link back to the canonical HTML is granted. No paid redistribution. Full terms: https://managedfunds.nz/llms-policy.txt

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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.