BNZ KiwiSaver Scheme
BNZ KiwiSaver Conservative Fund — holdings changes
Top-10 portfolio holdings extracted from each FMA-mandated Quarterly Fund Update. The diff below shows what entered, exited, grew, or shrank between the two most recent quarters on file.
Entered the top 10
- Housing New Zealand Ltd2.25% of fund
- BNZ RDA 185 Day OCR +50bps1.18% of fund
- MUFG Bank Ltd 0% 03/08/20260.88% of fund
- New Zealand (Government)0.25% of fund
Exited the top 10
- ASB BANK LTD REGISTERED CERTIFICATE OF DEPOSIT 05/09/2025Cashwas 1.75%
- NEW ZEALAND GOVERNMENT BOND 0.5% 15/05/2026Bondswas 1.56%
- BANK OF NEW ZEALAND REGISTERED CERTIFICATE OF DEPOSIT 15/07/2025Cashwas 1.17%
- ASB BANK LTD REGISTERED CERTIFICATE OF DEPOSIT 17/10/2025Cashwas 1.16%
- FISHER & PAYKEL HEALTHCARE LTDShareswas 1.13%
- NEW ZEALAND GOVERNMENT BOND 2.75% 15/04/2037Bondswas 1.07%
- NEW ZEALAND GOVERNMENT BOND 4.5% 15/05/2035Bondswas 1.06%
- RABOBANK NEW ZEALAND LTD. 5.975% 16/03/2026Bondswas 1.02%
- NEW ZEALAND GOVERNMENT BOND 3% 20/04/2029Bondswas 0.90%
Decreased weighting
- Westpac New Zealand Ltd1.81% → 1.41% (-0.40 pp)
Current top holdings (30 June 2026)
| Asset | Class | Country | % of fund |
|---|---|---|---|
| Housing New Zealand Ltd | — | — | 2.25% |
| New Zealand (Government) | — | — | 1.50% |
| Westpac New Zealand Ltd | — | — | 1.41% |
| BNZ RDA 185 Day OCR +50bps | — | — | 1.18% |
| MUFG Bank Ltd 0% 03/08/2026 | — | — | 0.88% |
| New Zealand (Government) | — | — | 0.25% |
Data sources
- FMA Disclose register — Quarterly Fund Updates
- Provider websites — issuer-published QFU PDFs
Top-10 holdings are a snapshot only; funds may hold many more positions outside the top-10. General information only — not financial advice.
Compare every fund on the FMA Disclose register. Refreshed quarterly. Independent — FundCompare is not a Financial Advice Provider; general information only.
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