Performance

These returns assume a PIR of 28% (the highest PIR) and are shown before fees.

For further information on our market indices, please refer to our Statement of Investment Policy and Objectives (SIPO). Indices are shown in NZD.

JUNO Growth Fund at 30 November 2019
21.04%
 
17.96%

Market Index

 

1 year

13.21%
 
8.88%

Market Index

 

Since inception* (p.a)

JUNO KiwiSaver Scheme returns at 30 November 2019


The returns in the table below assume a PIR of 28% (the highest PIR) and are shown before fees.

1 month 3 months 6 months 1 year Since inception* (p.a)
JUNO Growth Fund
2.95%
4.11%
9.21%
21.04%
13.21% See Fund
JUNO Balanced Fund
1.30%
1.88%
4.63%
10.33%
6.11% See Fund
JUNO Conservative Fund
0.80%
1.32%
2.61%
4.85%
3.38% See Fund


* Inception date is 1 August 2018

To see how fees could affect your balance, see the example further down this page.

JUNO KiwiSaver Scheme Market Index returns

1 month 3 months 6 months 1 year Since inception* (p.a)
Market Index for JUNO Growth Fund
1.78%
4.23%
11.47%
17.96%
8.88%
Market Index for JUNO Balanced Fund
1.33%
3.09%
9.11%
14.84%
7.78%
Market Index for JUNO Conservative Fund
0.60%
1.43%
4.25%
7.29%
4.35%

 

* Inception date is 1 August 2018

For further information on our market indices, please refer to our Statement of Investment Policy and Objectives (SIPO).

 

Indices are shown in NZD.

How do returns and fees affect my balance?

We’ve created an example below to show you the impact of fees and returns on your KiwiSaver balance.

On October 31 Emma had a balance of $20,000 in the JUNO Balanced Fund. She made no contributions or withdrawals during the month. Emma has advised us that her PIR is 28%.

Emma’s balance on November 30 was $20,255.00

Investment returns: $260
Fees: $5.00

What is a Market Index?

A market index is a metric that can help track performance. 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 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 and 20% 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).


What Fund Should I Be In?

Choosing what fund to be in is an important decision and will affect what your savings will be. The more time you have to invest, the better off you are likely to be selecting a higher risk fund. But if you need your money sooner, you’re better to choose a low risk fund.

If you need help choosing, our simple guide can give you some assistance.


CHOOSE A FUND


Our Funds

Often, the more options you have, the more confusing the choice. So we’ve given you three funds to choose from.

   

Conservative Fund

The cautious

The JUNO Conservative Fund seeks to preserve your capital, with some growth, averaging 2-5% annually after fees and tax, over three to five years.

This fund might suit you if you have a short timeframe in which to invest, or if you aren’t all that comfortable with investing.


Learn more

Balanced Fund

The balanced

The JUNO Balanced Fund seeks to provide you with steady capital growth, averaging 5-10% annually after fees and tax, over five to 10 years. 

This fund might suit you if you have a medium or longer timeframe to invest.

Learn more

Growth Fund

The ambitious 

The JUNO Growth Fund seeks to provide you with capital growth, averaging 10% or more annually after fees and tax, over a timeframe of more than 10 years. 

This fund might suit you if you’re further away from retirement and comfortable with investing.

Learn more

Why Switch?

The JUNO KiwiSaver Scheme has lower fees, and aims to outperform the market to help grow your KiwiSaver balance.

We also provide resources to help improve financial literacy.

Join for
free

Our fees start at zero

See our pricing

Find the right
fund for you

Know what you’re invested in

See our funds

Learn about
investing

Keep learning with JUNO

See our resources


Past performance is not an indicator for future performance. This information is general in nature only and has not taken into account any particular persons’ objectives, goals or circumstances. Before relying on it, we recommend you speak with an expert in this regard.