|
Grosvenor KiwiSaver Funds |
3 Months |
|
|
|
|
Geared Growth |
-3.8% |
-0.8% |
N/A |
N/A |
|
Net of Tax at 21% PIR |
-4.4% |
-1.5% |
N/A |
N/A |
|
Net of Tax at 30% PIR |
-4.6% |
-1.7% |
N/A |
N/A |
|
High Growth |
-4.1% |
-1.3% |
2.4% |
-2.8% |
|
Net of Tax at 21% PIR |
-4.7% |
-2.0% |
1.6% |
-3.6% |
|
|
-4.9% |
-2.2% |
1.3% |
-4.0% |
|
Balanced |
-0.7% |
1.3% |
5.1% |
2.9% |
|
Net of Tax at 21% PIR |
-1.2% |
0.6% |
4.1% |
1.8% |
|
|
-1.5% |
0.3% |
3.6% |
1.2% |
|
Conservative |
1.2% |
2.8% |
6.2% |
4.8% |
|
Net of Tax at 21% PIR |
0.7% |
2.1% |
5.1% |
3.7% |
|
|
0.4% |
1.8% |
4.6% |
3.2% |
|
Enhanced Income |
0.8% |
1.6% |
4.0% |
4.8% |
|
Net of Tax at 21% PIR |
0.6% |
1.3% |
3.2% |
3.8% |
|
|
0.6% |
1.2% |
2.8% |
3.3% |
NOTES
1. The Geared Growth Fund opened for investment on 14 July 2009.
2. Returns for the funds are calculated after investment fees have been deducted, but before the deduction of taxes unless otherwise indicated.
3. Individual member returns may vary from the above where contributions have been made during the period.
Historical performance may not reflect the future performance of the funds.
What returns should I expect in the future?
Here’s an indication of the returns that we expect Grosvenor’s KiwiSaver funds to earn over long time periods - such as the next 30 years or more. The expected ranges have been calculated taking into account the types of investments within each fund and the historical returns on those investments.
|
Expected |
Return |
Forecasts (p.a.) |
|
Investment Fund |
Average return after fees and tax at 30% |
Range of returns in any ONE year |
Range of annual average returns over TEN years |
|
Enhanced Income |
4.5% |
3% to 7% |
3% to 6% |
|
Conservative |
6.0% |
-1% to 15% |
3% to 9% |
| Balanced |
7.0% |
-4% to 19% |
3% to 11% |
|
High Growth |
9.0% |
-9% to 31% |
3% to 15% |
|
|
|
|
3% to 19% |
Statistically, you can be 95% confident that your expected annual return will fall within these ranges. (However, there is still a 5% chance that your expected return will fall outside these ranges.)
A key message is that growth-oriented investment funds earn more over the long run, although returns can be more volatile. To find out which option is best for you we recommend talking to a financial adviser. If you’d like us to put you in touch with an accredited adviser in your area, click here.
