Simplicity KiwiSaver Scheme
Defensive 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
- ASB NZ FRN 30 April 20294.92% of fund
- Tax Traders Deposit3.16% of fund
- BNZ FRN 11 May 20292.67% of fund
- CHFA CP 14 August 20262.64% of fund
Exited the top 10
- Tax Trader CP 26 June 2026was 3.70%
- Tax Trader CP 27 May 2026was 3.09%
- Auckland City Council Bond 10 August 2026was 2.51%
- Watercare CP 14 April 2026was 2.48%
Increased weighting
- Westpac NZ FRN 6 July 20267.46% → 10.61% (+3.15 pp)
- Kiwibank FRN 13 June 20287.71% → 8.72% (+1.01 pp)
- Simplicity Living Ltd Ordinary Shares2.56% → 3.34% (+0.78 pp)
Decreased weighting
- Kiwibank FRN 15 March 20286.23% → 5.32% (-0.91 pp)
- Cash at Bank4.07% → 3.23% (-0.84 pp)
- Housing NZ bond 5 October 20264.96% → 4.26% (-0.70 pp)
Current top holdings (30 June 2026)
| Asset | Class | Country | % of fund |
|---|---|---|---|
| Kiwibank FRN 13 June 2028 | — | — | 8.72% |
| Kiwibank FRN 15 March 2028 | — | — | 5.32% |
| ASB NZ FRN 30 April 2029 | — | — | 4.92% |
| Housing NZ bond 5 October 2026 | — | — | 4.26% |
| Simplicity Living Ltd Ordinary Shares | — | — | 3.34% |
| Cash at Bank | — | — | 3.23% |
| Tax Traders Deposit | — | — | 3.16% |
| BNZ FRN 11 May 2029 | — | — | 2.67% |
| CHFA CP 14 August 2026 | — | — | 2.64% |
| Westpac NZ FRN 6 July 2026 | — | — | 10.61% |
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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