We are proud to say all three of our funds have been ranked among the top 5 performers!
JUNO Growth has been ranked #1, JUNO Balanced ranked #2 and JUNO Conservative ranked #5 in their risk categories for the 12 months to 30 June 2020, Morningstar figures show*.
This 12 month period includes the market volatility during February and March from the impact of Covid-19, so this is great news!
KiwiSaver is a long-term investment, but we are still very happy with these results.
*Source: Morningstar KiwiSaver Performance Survey For June 2020
At JUNO, we take an active approach to investing your money. With real humans actively managing your money, our investment team can help keep your money safer during market ups and downs. It’s a win-win!
*JUNO’s actively managed Growth fund return compared to its market index for the 12 months to 31 August 2020. Returns are before fees and assume a PIR of 28% (highest PIR). Past performance is not an indicator for future returns.
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).
*Fund performance before fees and assumes a PIR of 28% (the highest PIR)