I am involved in some trust administration with my family

Important to note that Trustees can be held liable by beneficiaries if investment go pear shaped and they feel they have missed out. This should drive some pretty conservative investment behavior.

To avoid conflicts mine is professionally managed with corporate trustee and investment advisor but I keep an eye to make sure nothing too strange is going on.

Apologies for the detail but may be helpful if you go it alone.

Break down is like this:

International Equities Fund 30.22%
New Zealand Bonds Fund 17.23%
Property and Infrastructure Fund 14.66%
New Zealand Equities Fund 13.21%
Australian Equities Fund 12.90%
International Bonds Fund 6.93%
Net Cash 4.85%
Total 100.00%

NZX is:
Fisher & Paykel Healthcare Corp Ltd 18.23%
Auckland International Airport 9.67%
Spark New Zealand Limited (NZ Registered) 8.17%
Meridian Energy 6.80%
The a2 Milk Company Ltd 6.31%
Ryman Healthcare Limited 6.03%
Fletcher Building Ltd (NZ Registry) 5.75%
Infratil Limited 5.07%
Contact Energy Ltd 4.96%
Mercury NZ Limited 4.36%
Chorus Ltd 3.12%
Sky City Entertainment Group Limited 2.61%
Summerset Group Holdings Limited 2.60%
Goodman Property Trust 2.48%
Kiwi Property Group Limited 1.92%
Pushpay Holdings Limited 1.92%
Precinct Properties New Zealand Limited 1.79%
Genesis Energy 1.79%
Z Energy Ltd 1.45%
Argosy Property Ltd 1.18%
Air New Zealand Ltd 0.94%
Oceania Healthcare Limited 0.79%
Restaurant Brands New Zealand Limited 0.41%
Synlait Milk Limited 0.33%
Napier Port Holdings 0.30%
Net Cash 1.02%
Total 100.00%


Bonds
Westpac 17.37%
ASB Bank 15.98%
NZ Local Government Funding Agency 15.50%
Bank of New Zealand 13.01%
ANZ Bank 7.89%
NZ Government 7.32%
Cash 5.43%
Auckland International Airport 5.04%
Auckland City Council 2.99%
Transpower 2.87%
Kiwibank 2.86%
Toyota Finance NZ Ltd 2.52%
Housing NZ 1.23%
Total 100.00%

Pretty much all ASX is in the
Top 25 Securities Weight %
Commonwealth Bank of Australia 10.00%
BHP Group Ltd (AU register) 8.73%
CSL Limited 7.89%
Westpac Banking Corporation (AU Register) 5.77%
National Australia Bank Limited (AU Register) 5.60%
ANZ Bank (AU Register) 5.24%
Wesfarmers Ltd 3.91%
Macquarie Group Limited 3.44%
Woolworths Limited 3.38%
Rio Tinto (AU Register) 2.69%
Transurban Group Stapled 2.39%
Fortescue Metals Group LTD 2.22%
Goodman Group Stapled 1.97%
Woodside Petroleum 1.51%
Afterpay Limited ORD 1.42%
Coles Group Limited 1.40%
Newcrest Mining 1.30%
Aristocrat Leisure Limited 1.29%
James Hardie Industries PLC Cdi 1:1 1.15%
Sonic Healthcare Limited 1.04%
Brambles 1.02%
Xero Limited (Australian Exchange) 1.01%
Scentre Group Stapled 0.96%
Telstra Corporation Ltd (AU register) 0.93%
QBE Insurance Group Limited 0.92%
Top 25 Total 77.18%

US/international equities are in ETFs.