SIMPLICITY KIWISAVER SCHEME
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.
Comparing
31 December 2025 → 31 March 2026
Entered
1
Exited
1
Grew / Shrank / Held
1 / 4 / 4
Entered the top 10
- Apple Inc0.81% of fund
Exited the top 10
- New Zealand govt bond 20 April 2029was 0.94%
Increased weighting
- Westpac NZ FRN 6 July 20261.74% → 2.49% (+0.75 pp)
Decreased weighting
- Cash at Bank10.94% → 10.59% (-0.35 pp)
- Kiwibank FRN 13 June 20281.79% → 1.66% (-0.13 pp)
- Kiwibank FRN 15 March 20281.45% → 1.34% (-0.11 pp)
- Housing NZ bond 5 October 20261.16% → 1.07% (-0.09 pp)
Current top holdings (31 March 2026)
| Asset | Class | Country | % of fund |
|---|---|---|---|
| Westpac NZ FRN 6 July 2026 | — | — | 2.49% |
| Cash at Bank | — | — | 10.59% |
| Simplicity Living Ltd Ordinary Shares | — | — | 1.99% |
| Kiwibank FRN 13 June 2028 | — | — | 1.66% |
| Kiwibank FRN 15 March 2028 | — | — | 1.34% |
| Housing NZ bond 5 October 2026 | — | — | 1.07% |
| New Zealand govt bond 14 April 2033 | — | — | 1.03% |
| NVIDIA Corp | — | — | 0.90% |
| IBRD bond 23 July 2032 | — | — | 0.85% |
| Apple Inc | — | — | 0.81% |
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.