Capital Guaranteed Fund

Conservative

Capital Guaranteed Fund Pie Graph
Capital Guaranteed Fund Growth And Income

Investment objective

The fund aims to provide relatively consistent returns, subject to a capital guarantee.

It aims to achieve returns – after fees but before tax – of at least 1.5% per year above inflation over any 2-year period.

Generally, there may be small movements up and down in the value of the fund.

Investment strategy

The fund invests mainly in income assets, and includes only a small amount of growth assets.

Capital Guarantee

Booster provides a limited guarantee as follows:

  • the unit price of the fund on any 31 March will not be less than the unit price of the fund on 31 March in the preceding year; and
  • if the fund is terminated, the unit price of the fund on the date the fund is terminated will not be less than the unit price of the fund on the immediately preceding 31 March.

Limitations apply to this guarantee. Further information can be found in the ‘Other material information’ document on the offer register at www.business.govt.nz/disclose.

Risk indicator

The risk indicator 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.

While risk indicators are usually quite stable, they do shift from time to time. Check the most recent risk indicator for this fund in the latest quarterly fund update.

Booster investment funds

If a conservative fund isn't right for you, look at:

Balanced funds

Growth funds

Socially responsible investment funds

Risk level: