JUNO KiwiSaver - JUNO Conservative Fund

Financial Services Company

last updated on 2021-07-20 16:31:14

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Overview

Rating

Fund name

Conservative Fund

Membership fee per annum

No data

Performance based fees

0.00

Fund performance 5 year

No data

Number of members

679

Date fund started

01.08.2018

Fund type

Conservative

Estimated annual fees

0.42%

Risk indicator

3

Exit/transfer fee

0.00

Total value of fund

$15 344 253

Data last updated

31/03/21

Fund investment mix

Cash

65%

Property

-

Other

-

Bonds

10%

Shares

25%

Investments

Investments

The Fund invests primarily in cash held on call or term deposit with New Zealand registered banks. It also invests in the Juno Balanced Fund, providing Juno KiwiSaver members with investments in global fixed interest, some equities and some additional cash exposure. Members would choose the Conservative Fund if they have a short investment horizon or low comfort with investing and want to achieve a better return than they could from choosing their own term deposits with a New Zealand bank.