Growth Fund, Conservative Fund, what does it all mean?
KiwiSaver providers have different types of funds such as Conservative, Moderate, Balanced, Growth, etc. The difference in these funds is the type of investments they invest in. These different types of investments broadly fall into Stocks and Bonds.
By using an example of your very smart friend (you know who they are!) this video explains what Stocks and Bonds are, and how that applies to your KiwiSaver fund.
Once you know the different types of KiwiSaver funds, the next step is to figure out what type of KiwiSaver fund you should be in?
For that, you need to consider various factors such as the amount of money required to achieve your goals, your time frame and your tolerance and capacity for the ups and downs of the stock market.
But you don't have to do this alone. National Capital is here to help you figure out the right type of KiwiSaver fund for you, so you can have one less money worry.
What type of fund should you be in? Take the KiwiSaver HealthCheck.