Our Lifestages KiwiSaver Scheme funds

 

Our Lifestages KiwiSaver Scheme currently has two fund options. These are the:

 

* Please note that the Lifestages Growth Portfolio and the Lifestages Capital Stable Portfolio are closed to new investors

 

You can choose to invest in either fund. You can also choose to invest in a combination of these funds to suit your investment profile. You can have a balanced portfolio by choosing a 50:50 split of the funds.

If you do not select a fund your contributions will be invested in the Lifestages Income Fund. You can also choose to invest through the 'Lifestages Auto' option. If you select the 'Lifestages Auto' option, your contributions and accumulated balance(s) will be allocated between the Lifestages Income Fund and the Lifestages High Growth Fund based on your age.

By investing in the Lifestages KiwiSaver Scheme you are pooling your investment with other investors. In doing so, you gain access to a wider range of wholesale investments than would be possible for most investors.

Each fund is divided into units. You are issued units in the relevant fund(s) to reflect your contributions and other amounts received for you. Unit values fluctuate according to the changing value of the underlying assets in which the relevant fund is invested, as well as fees and expenses.

The funds provide access to a mix of asset classes, investment styles and underlying fund managers. Exposure to various asset classes is obtained in part through arrangements with underlying fund managers. For details of the underlying fund managers at any particular time, please contact FANZ.