Default Saver Fund
The fund aims to provide relatively consistent but modest returns, with some capital gains over the long term.
It aims to achieve achieve returns – after fees but before tax – of at least 2.0% per year above inflation over any 3-year period.
Generally, there will be small movements up and down in the value of the fund, reflecting its temporary holding nature.
The fund invests mainly in income assets, but includes some growth assets.
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.
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