JUNO KiwiSaver Scheme returns at 30 June 2020


Selected Fund:

Growth Fund
JUNO Growth Fund at 30 June 2020
14.21%
 
4.96%

Market Index

 

1 year

12.48%
 
4.47%

Market Index

 

Since inception* (p.a)

Returns are before fees and assume a PIR of 28% (the highest PIR).

Inception date is 1st August 2018.

How do fees affect your return? *


Balance Return after fees and taxes for the 12 months to 30/06/2020
$220,000
13.94%
$150,000
13.81%
$70,000
13.78%
$25,000
13.49%
$20,000
13.91%
$10,000
13.61%
$5,000
13.01%
$1,000
14.21%

*How did we work out these figures?


JUNO’s fees are a little different. Rather than taking a percentage of your balance each year, we charge you a fixed dollar amount. This means your actual rate of return depends on your balance.

The table shows how this works. For each balance we work out and subtract the correct fee, which produces the return %figure. To make it easy, we’ve assumed the account balances shown don’t change over the year. For example, for the $20,000 balance the fee is $60 ($5 each month for a year). That’s 0.30% ($60 over $20,000). So, the return after tax and fees for the $20,000 balance is 13.91% (14.21% - 0.30%).

JUNO Balanced Fund at 30 June 2020
8.68%
 
4.58%

Market Index

 

1 year

6.82%
 
4.41%

Market Index

 

Since inception* (p.a)

Returns are before fees and assume a PIR of 28% (the highest PIR).

Inception date is 1st August 2018.

How do fees affect your return? *


Balance Return after fees and taxes for the 12 months to 30/06/2020
$220,000
8.41%
$150,000
8.28%
$70,000
8.25%
$25,000
7.96%
$20,000
8.38%
$10,000
8.08%
$5,000
7.48%
$1,000
8.68%


*How did we work out these figures?


Balanced JUNO’s fees are a little different. Rather than taking a percentage of your balance each year, we charge you a fixed dollar amount. This means your actual rate of return depends on your balance.

The table shows how this works. For each balance we work out and subtract the correct fee, which produces the return %figure. To make it easy, we’ve assumed the account balances shown don’t change over the year. For example, for the $20,000 balance the fee is $60 ($5 each month for a year). That’s 0.30% ($60 over $20,000). So, the return after tax and fees for the $20,000 balance is 8.38% (8.68% - 0.30%).

JUNO Conservative Fund at 30 June 2020
4.34%
 
2.65%

Market Index

 

1 year

6.48%
 
2.80%

Market Index

 

Since inception* (p.a)

Returns are before fees and assume a PIR of 28% (the highest PIR).

Inception date is 1st August 2018.

How do fees affect your return? *


Balance Return after fees and taxes for the 12 months to 30/06/2020
$220,000
4.07%
$150,000
3.94%
$70,000
3.91%
$25,000
3.62%
$20,000
4.04%
$10,000
3.74%
$5,000
3.14%
$1,000
4.34%


*How did we work out these figures?


Conservative JUNO’s fees are a little different. Rather than taking a percentage of your balance each year, we charge you a fixed dollar amount. This means your actual rate of return depends on your balance.

The table shows how this works. For each balance we work out and subtract the correct fee, which produces the return %figure. To make it easy, we’ve assumed the account balances shown don’t change over the year. For example, for the $20,000 balance the fee is $60 ($5 each month for a year). That’s 0.30% ($60 over $20,000). So, the return after tax and fees for the $20,000 balance is 4.04% (4.34% - 0.30%).


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.