Choosing what fund to be in is an important decision and could mean a difference of hundreds of thousands of dollars over a lifetime.
If you need help choosing which of our actively-managed funds is best, use our simple guide. (Of course, we don’t take into account your personal circumstances. If you would like this, we suggest speaking to a financial adviser)
We have three KiwiSaver investment funds for members to choose from: Conservative, Balanced and Growth. All funds are actively managed, with real humans working hard to help grow and protect your KiwiSaver returns.
JUNO’s one low fixed monthly fee helps your grow balance faster, and our investment team actively manages your money, to help protect it during market ups and downs – that’s great news! Plus, you can sleep better at night, knowing your money isn’t directly invested in things like weapons and tobacco either.
A market index contains similar assets and has similar risk to the JUNO funds, and so is a good reference point for judging performance. Every fund type is made up of a different mix of asset types.
Each asset type (equities, fixed income and cash) in each fund has a market index. So, the market index figures shown combine two or more market indices, depending on the assets in the fund. For example, the JUNO Growth Fund combines market indices for equities, fixed income and cash. Finally, the combination of market indices for each fund is weighted according to its target asset mix.
For example, the market index return for the JUNO Growth Fund is 80% the return of the market index for equities, 10% the return for fixed income and 10% the return of the market index for cash. More information about the JUNO KiwiSaver Scheme market indices can be found in the Statement of Investment Policy and Objectives (SIPO).