Find the right fund
Funds can vary between providers, but usually there are three main types:
Growth – Growth funds aim to provide you with capital growth – really making your money work hard for
returns. If you’re in a higher-risk growth fund, usually with more shares, your money is more likely to move
up and down with the highs and lows of the share market. This means you might see dramatic changes in
your balance. A growth fund might suit you if you’re investing for 10 years or more.
Balanced – Balanced funds aim for steady capital growth. The investment style is what the name says – a
balanced approach. A balanced fund might suit you if you’re investing for more than five years.
Conservative – Conservative funds aim to preserve your money, are less risky than aggressive or growth
funds, and you’ll generally see fewer dramatic ups and downs. A conservative fund might suit you if you’re
investing for under five years, for example, if you’re close to taking out your KiwiSaver money for your
Help me choose
* We have not considered anyone's personal circumstances, financial goals or objectives. Before acting upon this information,
we recommend you speak with a financial adviser.