The fund’s objective is to provide long-term capital gains but to partially offset short-term movements up and down with some income assets.
It aims to achieve returns – after fees but before tax – of at least 4% per year above inflation over any seven year period.
There will be larger movements up and down in the value of the fund compared to the Balanced Fund.
The fund invests mainly in growth assets, but includes some income assets.
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This is rated from 1 (low) to 7 (high). The rating reflects how much the value of the fund’s assets goes up and down – the 'volatility'.
A higher risk generally means higher potential returns over time, but more ups and downs along the way.