“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..
SUMMER KIWISAVER SCHEME
SUMMER BALANCED SELECTION
n/a% p.a.
Vs Category Average: 6.5%
0.9%
Vs Category Average: 1.07%
Courtesy : sorted.co.nz
Asset allocation Graph
How this fund invests your money
Number of members
Date started
Total Value of fund
Sarah is 42 years old and like many Kiwis her age, could be in a Growth fund (unless they are planning to use the funds to buy a first home).
We've compared what difference it would make for Sarah, had she been in this fund vs a Growth Fund.
Sarah’s KiwiSaver balance five years ago
Note: We may not be comparing the same 'type' of fund below. We have compared the current fund you have selected to the average of Growth Funds, to give you an indication of the difference it would make to the KiwiSaver balance.
| SUMMER BALANCED SELECTION | Average of Growth Funds | |
|---|---|---|
| KiwiSaver Balance Today | $n/a | $29,021 |
| Annual Fund Fees | 0.9% | 1.01% |
| Membership Fee | $36 per year | $30 per year |
| Asset allocation How this fund invests your money |
|
|
SUMMER BALANCED SELECTION(SUM) vs Average of Growth Funds(AVG)
KiwiSaver Balance Today
SUM$n/a
AVG$29,021
Annual Fund Fees
SUM0.9%
AVG1.01%
Membership Fee
SUM$36 per year
AVG$30 per year
FundSource Rating
SUM
AVG
Asset allocation
How this fund invests your moneySUM
AVG
There are other factors than just performance. You need a fund that is suitable for your current circumstances and goals.
Find out more by watching the short video below...
So why do our clients use us for KiwiSaver Advice?
The right KiwiSaver fund will make a big difference
to your KiwiSaver payout.
Spending 10 minutes to complete our KiwiSaver HealthCheck form may be the most important thing you can do for your KiwiSaver account right now.
