BOOSTER KIWISAVER SCHEME
Moderate 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.
Comparing
31 December 2025 → 31 March 2026
Entered
4
Exited
3
Grew / Shrank / Held
3 / 0 / 3
Entered the top 10
- NZ Govt Stock . % 1 /0 /20271.70% of fund
- NZ Govt Stock Green .2 % 1 /0 /2031.20% of fund
- NZ Govt Stock 3. 0% 1 /0 /20331.16% of fund
- Westpac Senior Fixed Rate MTN .337% 2 /09/20291.09% of fund
Exited the top 10
- NZ Govt Stockwas 3.50%
- NZ Govt Stock .5% 15/0 /2027was 1.72%
- NZ Govt Stock Green .25% 15/05/203was 1.18%
Increased weighting
- NZ Cash (BNZ Bank Trust Account)1.53% → 3.27% (+1.74 pp)
- The top 10 investments make up16.90% → 17.97% (+1.07 pp)
- Metrics Secured Private Debt Fund II2.03% → 2.17% (+0.14 pp)
Current top holdings (31 March 2026)
| Asset | Class | Country | % of fund |
|---|---|---|---|
| Infratil Infrastructure Bonds | — | — | 7.06% |
| NZ Cash (BNZ Bank Trust Account) | — | — | 3.27% |
| AAM Corporate oan Fund III | — | — | 3.20% |
| Metrics Secured Private Debt Fund II | — | — | 2.17% |
| The top 10 investments make up | — | — | 17.97% |
| NZ Govt Stock . % 1 /0 /2027 | — | — | 1.70% |
| Growth Fund8 | — | — | 1.66% |
| NZ Govt Stock Green .2 % 1 /0 /203 | — | — | 1.20% |
| NZ Govt Stock 3. 0% 1 /0 /2033 | — | — | 1.16% |
| Westpac Senior Fixed Rate MTN .337% 2 /09/2029 | — | — | 1.09% |
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.