Tower TOWER KiwiSaver

How to choose the right KiwiSaver investment fund for you

The TOWER KiwiSaver Scheme offers a range of investment funds managed by professional fund managers who invest in a variety of funds on your behalf. Fund managers have the knowledge, expertise and market information to make informed and educated investment decisions. It is their role to seek to maximise the returns of each fund, within its investment guidelines.

The TOWER KiwiSaver Scheme options available allow you to choose between conservatively managed funds that produce steady growth, or others that are geared for higher growth but with the possibility of greater volatility.

What's your investment profile?
The chart below will help you decide which of the TOWER KiwiSaver Scheme investment funds best suits your needs. Read the statements below and use the key to rank yourself on the scale. Key: 1=strongly disagree, 2=moderately disagree, 3=neutral, 4=moderately agree, 5=strongly agree
I would not change my investments even if the returns fluctuated greatly each year.	1 Strongly disagree	2	3	4	5 Strongly agree
I am willing to tolerate losses in my investments in the short-term.	1 Strongly disagree	2	3	4	5 Strongly agree
I prefer investments like shares that produce higher returns over the longer term even though the returns may be more volatile in the short-term.	1 Strongly disagree	2	3	4	5 Strongly agree
I understand the volatility associated with investing and am comfortable with market fluctuations to achieve above average returns.	1 Strongly disagree	2	3	4	5 Strongly agree
I have a long time before I reach retirement age or plan to retire.	1 Strongly disagree	2	3	4	5 Strongly agree

Your total 0.

The total you get can then be matched against an appropriate TOWER KiwiSaver Scheme fund.

(For more information on each of the funds, click on the fund name)

5-8        TOWER KiwiSaver Preservation Fund

7-10      TOWER KiwiSaver Cash Enhanced Fund (only available to members allocated to KiwiSaver by Inland Revenue)

9-11      TOWER KiwiSaver Conservative Fund

12-18    TOWER KiwiSaver Balanced Fund

19-22    TOWER KiwiSaver Growth Fund

23-25    TOWER KiwiSaver Equity Fund

You could also elect to spread your savings across more than one fund and you can change your fund choice at a future date. If you do not choose an investment fund, you will automatically be allocated to the TOWER KiwiSaver Balanced Fund. Members allocated to the TOWER KiwiSaver Scheme by the Inland Revenue will be automatically invested in the Cash Enhanced Fund. You can select another fund at anytime if you wish.

If you are wanting to make use of the first home withdrawal, this may influence your final decision around your fund choice and investment profile.