The Growth Fund provides investors with a limited exposure to income assets, with most of its investments are in growth assets (eg. Shares). As a result, the return from the Fund is likely to be higher over the longer term (10 years or more) than the Balanced or Conservative Funds, but the value of its investments is likely to fluctuate more than the Balanced or Conservative Funds. The fund has over 3,000 investments in 23 countries.
The Balanced Fund provides investors with an exposure to a mix of growth investments (eg. Shares) and income earning investments. The return from the Fund is likely to be lower over the longer term (10 years or more) than the Growth Fund, but more than the Conservative fund. The value of your investment is likely to fluctuate more than the Conservative Fund, but less than the growth fund over the short and long term. The fund has over 3,000 investments in 23 countries.
The Conservative Fund provides investors with a limited exposure to growth assets, with most of its investments in income earning investments like fixed interest. As a result, the return from the Fund is likely to be lower over the longer term (10 years or more) than the Balanced or Growth Funds, but the value of its investments will be more stable over the short and long term. The fund has over 3,000 investments in 23 countries.
The NZ Share Fund invests in securities listed in the New Zealand stock exchange ( NZX ), designed to be the New Zealand share component of a diversified investment portfolio.
The NZ Bond Fund invests in New Zealand Government bonds and investment grade, liquid bonds issued in New Zealand dollars, designed to be the New Zealand bond component of a diversified investment portfolio.