FREE KIWISAVER RECOMMENDATIONS

ONEANSWER KIWISAVER SCHEME

SUSTAINABLE INTERNATIONAL SHARE FUND

Last 5 years average
returns

11.57% p.a.

Vs Category Average: 7.52%

Annual Fund Fees

1.4%

Vs Category Average: 1.01%

First Home Buyer - Claire

Claire's current KiwiSaver Balance : $40,000

Claire is 30 years old and is looking to buy her first home within the next few years. She earns $70,000 per year and needs $75,000 from her KiwiSaver account to pay towards a first home deposit. She is contributing 10% from her salary and her employer contributes 3%.

To check if this fund is appropriate for her, we first need to calculate how long it will take Claire to reach her deposit goal and then compare that to how her current KiwiSaver fund invests her money.

How the SUSTAINABLE INTERNATIONAL SHARE FUND invests Claire's money

  • 100% Growth Assets
  • 0% Income Assets
  • 0% Cash

This fund is an Aggressive Fund. While in therory, Claire should be able to reach her goal within 3-4 years with an Aggressive fund, it is not appropriate for her.

The expected volatility from an Aggressive fund means that her KiwiSaver balance could drop just as she is about to reach her goal. She could end up foregoing her first home dream by being too aggressive.

But how do I decide which Fund is best for me?

As in Claire’s example above, it depends on a combination of factors such as how long it will take you to reach your goal, your current contribution rates, and the flexibility of your time frame.

National Capital can help you calculate this and give you advice on which KiwiSaver fund is most suited for your personal circumstances.

Why use National Capital for First Home KiwiSaver Advice?

  • Time Frame:How long will it take you to reach your goal under different circumstances?
  • Volatility Tolerance:We check how comfortable you will be with investing and volatility?
  • Volatility Capacity:We determine what your capacity to endure the ups and downs of the market is.
  • Expertise:Our team specialise in Investment and KiwiSaver research.
  • Gift of Time:We do the hard work, so you can focus on life.
  • No Cost:Our service is at no cost to you. We are paid by the KiwiSaver providers.

Want us to recommend the best KiwiSaver fund for your First Home goals?

GET KIWISAVER RECOMMENDATIONS
IMPORTANT

This page does not contain financial advice, only information. If you want personal financial advice on which KiwiSaver fund is suitable for you, please submit the KiwiSaver HealthCheck. Past performance is not necessarily indicative of future performance. Click here for an explanation of the calculations and sources used for the data on this page. Data is current as of quarter ended Sep 2020. 

More KiwiSaver articles

How does your KiwiSaver provider choose what assets to buy?

Not all KiwiSaver providers actively choose their investments. 

Some KiwiSaver providers do actively manage their funds. But,..

KiwiSaver awards - do they really matter?

There’s a fair amount of award ceremonies for different Kiwi industries. There’s the New Zealand Music Awards, the New..

Joining your employer chosen KiwiSaver scheme - a mistake?

Do you remember why you are with your current KiwiSaver provider? Did you choose your KiwiSaver fund manager, or did your..

Why you shouldn’t ignore your investments outside KiwiSaver

“If you’re young, you should be in a growth fund. If you’re old, you should be in a conservative fund.” Sounds like familiar..

What can retirees do to get returns when interest rates go negative?

Bank deposits used to be the go to option for retirees. Many, like yourself, had a simple investment strategy which consisted..

Who are the providers managing your KiwiSaver money?

Have you done enough research about the provider managing your KiwiSaver money?

It is very important to find a competent..