Which TOWER KiwiSaver Scheme investment fund may suit you
The TOWER KiwiSaver Scheme is made up of a number of investment funds that allow you to choose between conservatively managed funds that aim to produce steady growth, or others that are geared for higher growth but with the possibility of greater volatility.
The TOWER KiwiSaver Scheme offers a range of investment funds managed by professional investment managers who invest in a variety of funds on your behalf. Investment managers have the knowledge, expertise and market information to make informed and educated investment decisions. It is their role to seek to achieve the particular investment objectives of each fund.
Your total 0.
Based on your score you might like to consider the following fund:
(For more information on each of the funds, click on the fund name below)
Note: 'short-term' refers to up to three years, 'medium-term' refers to three to seven years, and 'long-term' refers to over seven years
7-12 TOWER KiwiSaver Preservation Fund - This fund generally suits investors who may have a short term until retirement or potential withdrawal of their funds. Preservation Fund investors are generally cautious and do not tolerate losses in their investment in the short term, seeking stable or consistent returns in line with bank deposits.
11-15 TOWER KiwiSaver Cash Enhanced Fund - This fund is only available to members allocated to the TOWER KiwiSaver Scheme by the Inland Revenue. The Cash Enhanced Fund generally suits cautious investors who may have a short to medium term until retirement or potential withdrawal of their funds, and who therefore seek comparatively stable returns, with limited fluctuations over the long term.
13-20 TOWER KiwiSaver Conservative Fund - This fund generally suits cautious investors who may have a medium term until retirement or potential withdrawal of their funds. Conservative Fund investors generally seek comparatively stable returns, with limited fluctuations over the long term.
21-26 TOWER KiwiSaver Balanced Fund - This fund generally suits investors who have a medium to long term until retirement or potential withdrawal of funds, and are therefore willing to tolerate losses in their investment in the short term. Balanced Fund investors are generally accepting of higher levels of fluctuation in their investment returns than the Conservative Fund (including periods of negative returns) in return for potential capital growth over the long term.
27-31 TOWER KiwiSaver Growth Fund - This fund generally suits long-term investors, with a long term until retirement or potential withdrawal of their funds, who are comfortable with changes in the value of their investment resulting from market movements to achieve above average returns. Growth Fund investors generally seek higher returns, and are therefore willing to accept significant fluctuations in their investment returns (including negative returns) from year to year.
32-35 TOWER KiwiSaver Equity Fund - This fund generally suits long-term investors, with a long term until retirement or potential withdrawal of their funds, wishing to focus their investment solely in equities. Equity Fund investors generally prefer investments, like shares, that potentially produce higher returns over the long term, even though the returns may be more unstable, with significant fluctuations in investment returns (including negative returns), in the short term.
You should seek professional financial advice before deciding which fund to invest in. 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 Balanced Fund. Members allocated to TOWER KiwiSaver by the Inland Revenue will be automatically invested in the Cash Enhanced Fund until they have selected another fund.
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Investment into the TOWER KiwiSaver Scheme Funds started on
1 October 2007. See how well they are performing. More.