Since the JUNO KiwiSaver Scheme launched in August, it’s been a bit of a bumpy ride in the markets! October in particular was a tough month for investors – in fact, the worst since 2011!
The good news is that because our scheme is actively managed, meaning there are real humans making investment decisions, the team was able to increase the cash levels in the funds. When there’s less money invested in the share market, while it can mean less return, there’s also less risk of losing your hard-earned KiwiSaver money.
It’s just one of the ways we can help your money stay safer at JUNO. Even when the markets dip, we can take steps to help reduce the impact.