CARESAVER KIWISAVER SCHEME
CARESAVER CONSERVATIVE FUND
Conservative fund type
Here's what the provider says about this fund:
An ethical portfolio with a higher exposure to income assets and a lower exposure to growth assets. This Fund’s value is unlikely to fluctuate as much as the Balanced Fund or Growth Fund.
Combined fees
The combined fees are how much you would have been charged for the year ended 31 March 2020 on the average KiwiSaver balance.
All the averages you see are for this same type of fund, so you’re comparing apples with apples.
Combined fees include
Membership fees per year
Here you’ll find the total breakdown of the combined fees. These don’t include other fees such as for switching or withdrawing.
+ Total fund fees
Annual management fee
Performance-based fees
Other fees and costs
Your KiwiSaver money is invested by a professional fund manager, so there are always fees to pay. Fees can have a big impact on your nest egg, especially in the long run, so it pays to keep a close eye on how they add up.
Combined fees example
On a conservative fund of $20,300 the annual fees would be approximately:
Services
From the September 2020 KiwiSaver provider survey
data yet
We surveyed KiwiSaver providers on how many different ways they help their members with investment options, communicate with members, and the extra services they offer.
So this rating is more about the quantity than the quality of services.
Compare services
Help with investment options
Communications to members
Other services
Here ‘help’ means things like online forms, tools, calculators and information on how to optimise your KiwiSaver.
More communication is not always better communication, but if the provider gives you options on how you like to be reached, that usually helps.
These extras include a range of additional services that are helpful.
Returns
Since October 2015
data yet
Warning about returns!
These show how funds have performed in the past, but that’s not a good guide to how they’ll perform in the future. Don’t switch funds based on past returns.
Compare past returns
Last twelve months
The last twelve months refers to October 2019 to September 2020.
In general, it’s good to look at the longest possible time period when weighing returns. After all, with retirement savings, it’s the long game that counts.
More fund details
Conservative fund type
Which is the right type for me?
What’s in this fund
At 30 September 2020
This shows the actual mix of investments that this fund held on 30 September 2020. This mix continually changes because of market swings and managers’ rebalancing, so these percentages are a snapshot. But it will give you a good idea of where your money is being invested.
How this fund invests your money
| Cash | Bonds | Property | Shares | Other | |
|---|---|---|---|---|---|
| Assets | 76.01 | 6.15 | 2.85 | 14.99 | 0 |
Fund information
- Number of members
- 133
- Total value of fund
- $2,913,254
- Date fund started
- 23 Jul 2019
Top 10 investments
These assets make up 85.06% of this fund.
| Kind of investment | Country | Percentage of the fund | Name |
|---|---|---|---|
| Cash and cash equivalents | NZ | 36.86 | Cash At Bank - Nzd - Interactive Brokers |
| Cash and cash equivalents | NZ | 10.34 | Westpac Term Deposit 10/07/2020 06/01/2021 |
| Cash and cash equivalents | NZ | 6.98 | Asb (Pwa) - Cash At Call |
| Cash and cash equivalents | NZ | 6.93 | Bchina Term Deposit 20/05/2020 20/11/2020 |
| Cash and cash equivalents | NZ | 6.92 | Asb Term Deposit 22/05/2020 22/11/2020 |
| Cash and cash equivalents | NZ | 6.88 | Bchina Term Deposit 10/08/2020 10/02/2021 |
| Cash and cash equivalents | NZ | 6.88 | Westpac Term Deposit 18/08/2020 18/02/2021 |
| New Zealand fixed interest | NZ | 1.37 | Llpfspvl Syndicated Loan 01/10/2019 10/09/2021 |
| Listed Property | AU | 1.07 | Nextdc Ltd |
| New Zealand fixed interest | NZ | 0.83 | Alvarium Atlas Ltd Senior |
Key personnel
| Name | Current position | Time in role |
|---|---|---|
| John Berry | Pathfinder Asset Management - Chief Executive Officer | 11 years, 6 months |
| Paul Brownsey | Pathfinder Asset Management - Chief Investment Officer | 11 years, 6 months |