An IRD number is an eight or nine digit number unique to you. You can find your IRD number:
Your Prescribed Investor Rate (PIR) is rate of tax that you pay on the money earned from your KiwiSaver investment and other managed funds that are a PIE (Portfolio Investment Entity).
How much you pay depends on your income for the last 2 years and also the amount of income on your investments in PIE(s). Most people do not have enough money invested in PIEs to change their PIR bracket. If you do earn significant PIE income, please refer to Inland Revenue’s website PIR rates here.
- For first home buyers wanting to preserve their capital in the short term ( 0 to 3 years).
- Has lower returns with less volatility.
- Invests predominantly in NZ and International fixed interest investments.
- For those looking for higher long term returns than the conservative fund, but with higher volatility.
- Invests in a balanced portfolio of NZ and International shares and fixed interest.
- For those wanting higher long term returns than the balanced or conservative funds, with higher volatility.
- Invests predominantly in NZ and International shares.
All funds are 100% hedged to the NZ dollar.
For a full description of how we invest, and more details on each fund, click here to see our Statement of Investment Policies and Objectives.
Note that these are guidance notes only. The right fund for you depends on your age, investment horizon and appetite for risk. If you are unsure, we recommend you seek financial advice.