SIMPLICITY KIWISAVER SCHEME
Default 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
2 / 2 / 5
Entered the top 10
- Westpac NZ FRN 6 July 20261.22% of fund
Exited the top 10
- Broadcom Incwas 1.03%
Increased weighting
- Infratil Ltd1.37% → 1.52% (+0.15 pp)
- Fisher & Paykel Healthcare Ltd2.63% → 2.77% (+0.14 pp)
Decreased weighting
- Cash at Bank4.43% → 3.25% (-1.18 pp)
- Microsoft Corporation2.31% → 1.91% (-0.40 pp)
Current top holdings (31 March 2026)
| Asset | Class | Country | % of fund |
|---|---|---|---|
| Cash at Bank | — | — | 3.25% |
| NVIDIA Corp | — | — | 2.84% |
| Fisher & Paykel Healthcare Ltd | — | — | 2.77% |
| Apple Inc | — | — | 2.55% |
| Microsoft Corporation | — | — | 1.91% |
| Auckland International Airport Ltd | — | — | 1.63% |
| Infratil Ltd | — | — | 1.52% |
| Amazon.Com Inc | — | — | 1.40% |
| Westpac NZ FRN 6 July 2026 | — | — | 1.22% |
| Alphabet Inc Class A | — | — | 1.16% |
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.