Summer KiwiSaver Scheme
Summer Growth Selection
Recent material changes
Diffs we track across PDS, SIPO, holdings + fee history
- View holdings changes →HoldingsMATERIALJun 2026Top-10 turnover: 7 new, 7 droppedQuarter-on-quarter (Mar 2026 → Jun 2026)
- View fee + return history →FeeMATERIALJun 2026Annual fee 1.02% → 0.89% (-0.13pp)Quarter-on-quarter (Mar 2026 → Jun 2026)
Overview
About this growth fund
Summer Growth sits within the Summer KiwiSaver Scheme as a Growth category scheme fund. It is positioned as a growth-focused investment option within the scheme's fund line-up. The fund's specific asset allocation between growth and income assets is not currently reported. Growth scheme funds typically target investors seeking capital appreciation over the medium to longer term.
Over the five-year period to 30 June 2026, Summer Growth delivered an average annual return of 4.80%. The fund charges an annual fee of 0.89%, which is lower than the peer-median fee of 1.05% for growth-category scheme funds. The fund currently holds $116.9 million in assets across 1,676 members. Past performance is not a reliable indicator of future returns.
Summer Growth carries a risk indicator of 4 out of 7 on the FMA risk scale, placing it in the moderate-to-higher risk range. On this scale, funds rated 4 are typically considered suitable for investors with a moderate to moderately high risk tolerance and a medium to longer investment timeframe. Investors should consider whether this risk profile aligns with their personal circumstances and investment goals.
Performance
Summer Growth Selection has 2 quarters of QFU data on file (2026-03-31 to 2026-06-30). The 5-year average annual return reported in the most recent QFU is 4.80%. Past performance is not a reliable indicator of future returns.
Fees
At 0.89% in annual charges, Summer Growth Selection's fee sits 0.16 percentage points below the median for Growth KiwiSaver scheme funds in our coverage (median 1.05%). 25 of the 67 funds in this cohort charge a lower annual fee (this fund ranks 26 cheapest of 67). Fee level is a mechanical signal — does not factor in returns, risk, or manager skill.
Risk and suitability
Summer Growth Selection carries a risk indicator of 4/7 on the FMA risk scale. Risk indicator 3-4 funds are typically considered for members with a medium investment horizon (3-10 years) or those balancing growth potential against shorter-term volatility. FundCompare does not provide personalised advice; consult a licensed financial adviser to understand whether this risk profile fits your circumstances.
Snapshot
4.8% a year over five years, at a 0.89% annual fee
Five-year return
4.8%
Five Year Average Return
Returns (green) show the fund’s growth over the five years to 30 June 2026, after fees and taxes. Compare these results with the average Growth KiwiSaver scheme fund (light green).
4.8% for this fund — category median 6.64% across 14 Growth KiwiSaver scheme funds at 30 June 2026. This fund ranks 12 of 14 (14th percentile) by five-year after-fee return.
Past performance is not an indicator of future performance.
Annual fee
0.89%
One Year Average Fees
Fees shown here (blue) represent what you would pay over a year if you had $30,000 invested in this fund. Compare them with the average fees for Growth KiwiSaver scheme funds (light blue).
Growth / income split
The fund’s mix of growth assets (shares, property) and income assets (bonds, cash) as of 30 June 2026. The average mix for growth KiwiSaver scheme funds is shown in light blue.
Asset mix
What this fund holds
This fund's asset mix
Average for growth funds
Your investment mix shapes your outcome
The balance of assets you choose — your asset allocation, has the biggest impact on how your investments perform and how much their value may rise or fall along the way. Selecting that balance is crucial. By adjusting the proportion of growth-oriented investments you include, you’re effectively setting your preferred level of risk. Generally, taking on more risk can increase the potential for higher returns, but there’s never a guarantee — that’s the nature of risk. To find an allocation suited to your personal circumstances (sometimes called your risk profile), you can start with an investor risk questionnaire or a KiwiSaver-specific guide.
Largest holdings · 30 June 2026
Top 10 holdings — 17.43% of this fund
These assets make up 17.43% of this fund as at 30 June 2026.
| Asset | Asset Class | Type | Country | % of Fund | |
|---|---|---|---|---|---|
 | Hunter Global Fixed Interest Fund | 2.76 | |||
 | Fisher & Paykel Healthcare Corporation Limited | 2.36 | |||
 | Infratil Limited | 1.76 | |||
 | Microsoft Corp | 1.76 | |||
 | Precinct Properties New Zealand Limited | 1.68 | |||
 | Alphabet Inc-Cl A | 1.64 | |||
 | Goodman NZ Ltd & Goodman Property Services Ltd | 1.61 | |||
 | Kiwi Property Group Limited | 1.32 | |||
 | Apple Inc | 1.28 | |||
 | Auckland International Airport Limited | 1.26 |
Top-10 holdings changes
31 Mar 2026 → 30 Jun 2026
Fisher & Paykel Healthcare Corporation Limited2.36%
Infratil Limited1.76%
Microsoft Corp1.76%
Alphabet Inc-Cl A1.64%
Goodman NZ Ltd & Goodman Property Services Ltd1.61%
Kiwi Property Group Limited1.32%
Apple Inc1.28%
Vanguard ESG US Stock ETFwas 2.75%
- Limitedwas 2.46%
Vanguard ESG International Stock ETFwas 1.40%
BHP Group Limitedwas 1.31%
Precinct Properties New Zealand Limited1.53% → 1.68% (+0.15 pp)
Hunter Global Fixed Interest Fund4.97% → 2.76% (-2.21 pp)
Fees in context
How this fee compares with the category
0.89%
This Fund
0.83%
Average Growth KiwiSaver scheme funds
The blue segment shows the annual fees you’d pay if you invested $30,000 in this fund. The grey segment represents the typical yearly fees for an average Growth KiwiSaver scheme fund, so you can compare them directly.
Smaller Fees, Bigger Potential
When it comes to investing, spending more doesn’t automatically lead to stronger results. In fact, higher fund fees can often eat into your returns. Remember, what you keep is calculated after fees and taxes are deducted. Because no one can predict how any fund will perform, it’s generally wise to look for options with lower costs whenever you can.
Fee breakdown
What makes up the 0.89% annual charge
| Fee Type | % Over a year | Amount paid on a 30k balance |
|---|---|---|
| total Total fund charges | 0.89% | — |
Returns in context
How the five-year return compares with the category
4.8%
This Fund
5.93%
Average Growth KiwiSaver scheme funds
Over the past five years, this fund delivered the average annual return shown here (in green) to investors, after fees and taxes (28% PIR) were applied. For comparison, the average return over the same period for all Growth KiwiSaver scheme funds is shown in grey.
Returns: Reflecting the Past
Investing is about seeking returns, but the figures shown here represent historical performance—they cannot be relied upon to continue in the future. Selecting a fund solely based on past performance is not advisable. A well-informed decision should consider factors such as an appropriate investment mix for your goals and reasonable fees.
Risk
Risk indicator: 4 of 7
Risk indicator
This indicator reflects how much the investment’s value has fluctuated over time. It is calculated from the fund’s five-year performance, or from a comparable market index if the fund has a shorter history.
Fund details
The numbers that don’t make headlines
Manager information
| Name | Forsyth Barr Investment Management Limited |
| Type | N/A |
| Website | summer.co.nz |
| NZBN | N/A |
| FSP Number | N/A |
Fund information
| Asset liquidity ratio | — |
| Total value of fund | $116,859,725 |
| Debt ratio | — |
Fee + return history
View detailed history →Quarterly fees and after-tax returns recorded against this fund since inception. Sourced from FMA Disclose Quarterly Fund Updates. The detailed view shows the full chart + per-quarter data table.
PDS changes
View detailed PDS history →Material changes to the Product Disclosure Statement over time — fee adjustments, asset-allocation shifts, scheme-rule amendments. Diff against the previous PDS shown side-by-side in the detailed view.
Holdings changes
View detailed holdings diff →Top-10-holdings additions, removals, and weight changes across quarters. Shows the manager's actual portfolio decisions over time, sourced from the fund's Quarterly Fund Update.
SIPO changes
View detailed SIPO history →Statement of Investment Policy and Objectives revisions — investment objective rewrites, asset-class target shifts, ESG policy changes, derivatives policy changes. The detailed view diffs against prior SIPO versions.
AI · API · Markdown
Machine-readable surfaceEvery fund page on FundCompare ships with structured JSON and a plain-markdown summary alongside the HTML — so LLMs, MCP clients, and analysts can cite the same regulator-sourced data the page renders. Source documents come from FMA Disclose, IRD, and Sorted Fund Finder.
Identifiers
- Provider
- Summer
- Scheme
- Summer KiwiSaver Scheme
Endpoints for Summer Growth Selection
One-click MCP install
Opens Cursor and adds the MCP server with one confirmation
Opens VS Code MCP install dialog
Full per-client guide + ChatGPT GPT setup at /api/mcp.
Quick examples
cURL
curl -s "https://fundcompare.co.nz/api/fund/summer/summer-growth-selection/facts.json" | jq .Python
import requests
data = requests.get("https://fundcompare.co.nz/api/fund/summer/summer-growth-selection/facts.json").json()
print(data["fund_name" if "fund" == "fund" else "name"])MCP (Claude Desktop / ChatGPT)
# Claude Code (CLI):
claude mcp add --transport http fundcompare https://fundcompare.co.nz/mcp
# Cursor / Cline / Continue (settings JSON):
{ "mcpServers": { "fundcompare": { "url": "https://fundcompare.co.nz/mcp" } } }
# Claude Desktop (UI): Settings → Connectors → Add custom connector
# URL: https://fundcompare.co.nz/mcp
# Claude Desktop via JSON (uses npx mcp-remote bridge):
{ "mcpServers": { "fundcompare": {
"command": "npx", "args": ["-y", "mcp-remote", "https://fundcompare.co.nz/mcp"]
} } }
# Tools: search_funds, get_fund, get_provider, get_qfu_filing — anonymous, free.FundCompare is not a Financial Advice Provider. Data is sourced from FMA Disclose, IRD, and Sorted Fund Finder. The endpoints above are free, public, and cached for one hour. KiwiSaver® is a registered trademark of Inland Revenue.
Explore this with AI
Open a fresh AI chat pre-loaded with this page — ask it to summarise, explain, or compare, and it can read FundCompare's underlying data directly.
Compare every fund on the FMA Disclose register. Refreshed quarterly. Independent — FundCompare is not a Financial Advice Provider; general information only.
Compare
Learn
Important Information and Disclosure
The information provided on this website is not a recommendation to buy, sell, or hold any financial products. Nothing on this website constitutes financial advice for the purposes of the Financial Markets Conduct Act 2013. FundCompare.co.nz is not a licensed Financial Advice Provider.
Investing involves risk. The value of your investment can go down as well as up, and you may get back less than you put in. Past performance is not a reliable indicator of future returns.
Before making any investment decision, you should read the Product Disclosure Statement (PDS) for the fund carefully. If you have questions or are unclear about the implications of your investment decision, you should seek advice from a licensed Financial Advice Provider.
All information displayed is sourced from scheme providers, the Disclose Register, and the Sorted Smart Investor universal feed (operated by Te Ara Ahunga Ora Retirement Commission), or other publicly available sources. We take reasonable steps to ensure accuracy but cannot guarantee information is always current or complete.
FundCompare.co.nz may receive referral fees or commissions from scheme providers if you sign up via links on this website. These payments do not influence the order, ranking, or inclusion of products displayed.
For more information, please see our Terms of Service, Privacy Policy, and Disclosure Statement.
This website is operated by FundCompare.co.nz and is not endorsed by, or affiliated with, the New Zealand government or Inland Revenue. FundCompare.co.nz is using the KiwiSaver trade mark and logo under licence from Inland Revenue. To view the official New Zealand government KiwiSaver website, please click here.
© 2026 FundCompare.co.nz. All rights reserved.