An IRD number is an eight or nine digit number unique to you. You can find your IRD number:
Individual tax residents
| If, in either of the previous two income years your taxable income was $14,000 or less, and when combined with your PIE income or loss was ... | and ... | then your PIR is ... |
|---|---|---|
| $48,000 or less in the income year | 10.5%. | |
| $48,001 to $70,000 in the income year | you don't already qualify for 10.5% | 17.5%. |
| $70,001 or more in both of the previous two income years | 28%. |
| If in either of the previous two income years, your taxable income plus your PIE income or loss was ... | then your PIR is ... |
|---|---|
| $70,000 or less in the income year | 17.5%. |
| $70,001 or more in both of the previous two income years | 28%. |
- 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.