What is an ASB KiwiSaver Scheme fund?
Last Updated: 21 Nov 2023
We have seven funds you can invest in. Each one has a different investment objective and strategy.
- Some are conservative, and aim to reduce ups and downs in your balance. That means they have lower potential returns over time.
- Others focus on higher potential growth. You may experience more ups and downs in your balance but with a longer investment timeframe there is time to ride them out.
- There are other funds that aim to provide moderate potential returns, with some ups and downs in your balance.
It's important to choose the fund that's right for you. You can switch funds now in FastNet Classic internet banking. If you need help choosing a fund use our simple Help me choose tool.
If you haven't chosen a fund you are automatically invested in our Conservative Fund, which may not be right for you and could mean you miss out on thousands of dollars in retirement.
Did this answer your question?
Related Answers
-
After they join KiwiSaver, you should deduct contributions from their next payday. If an employee (who is over 18 and ...
-
Yes. If you are on a savings suspension, you can still get the annual Government contribution (also known as a ...
-
If you are self-employed (and are not paying yourself via PAYE) or not employed, you have the flexibility to stop ...
-
If they’re not on a savings suspension, start deducting employee contributions from their first payday. If an employee (who is ...
-
It’s simple – you can top up any employee contributions with regular or lump sum contributions. You can do this ...
-
Yes, you can make regular voluntary contributions to your ASB KiwiSaver Scheme account in FastNet Classic. Find more information on ...
-
If you’re not sure which fund you want to change to, use our simple tool that makes choosing a fund ...
-
Around 8 to 10 working days from when we get your application. The process takes longer than you might expect ...
-
You can join the ASB KiwiSaver Scheme if you: are a New Zealand citizen or entitled to live in New ...
-
If you have been automatically enrolled in KiwiSaver because you recently started a new job or you asked your employer ...
-
If you have insurance cover attached to your Australian superannuation funds, this could cease when transferring your savings to a ...
