When looking at current, short-term returns to investors, it is important to focus on the long-term objectives of your investment. Markets are volatile and go through periods of negative returns from time to time. However history shows that over the longer term markets have bounced back and have provided on average positive returns.
The table below shows the FirstChoice KiwiSaver Scheme returns to investors results as at 31 December 2011.
| Investment Fund | 3 Months | 6 Months | 1 year | 3 years (pa) | Return Since Inception (pa) |
|---|---|---|---|---|---|
| Tracker Conservative Fund |
2.04% |
2.18% |
4.81% |
5.63% |
4.54% |
| Tracker Moderate Fund |
2.90% |
0.32% |
3.23% |
6.68% |
2.44% |
| Tracker Balanced Fund |
3.65% |
-1.71% |
1.11% |
7.10% |
0.23% |
| Tracker Growth Fund |
4.37% |
-3.87% |
-1.37% |
7.14% |
-2.20% |
| NZ Cash Fund |
0.61% |
1.22% |
2.56% |
2.69% |
4.34% |
| Active Conservative Fund |
2.08% |
0.45% |
2.95% |
6.35% |
3.04% |
| Active Balanced Fund |
3.14% |
-3.12% |
-1.00% |
6.15% |
-0.35% |
| Active Growth Fund |
3.67% |
-5.62% |
-3.97% |
5.67% |
-2.65% |
| Active High Growth Fund |
5.17% |
-9.18% |
-8.61% |
2.79% |
-7.00% |
| Global Sustainability Fund |
3.40% |
-8.25% |
-8.60% |
5.34% |
1.37% |
None of Public Trust, ASB Group Investments Limited, ASB Bank Limited, Sovereign Services Limited, or any company related to any of those companies, nor any other person, guarantees the performance of these funds or the repayment of any investment in these funds.
- Returns represent the return to an investor.
- Returns are before tax and after fees* (excluding administration fees) and are calculated on the change in unit price over the period, adjusted for tax credits and formation losses.
- Returns assume funds invested at the beginning of the period, with no subsequent contributions or withdrawals.
- Returns for periods greater than one year are annualised. Returns for periods less than one year are not annualised.
- Returns quoted are historical and cannot be seen as an indication of future returns.
- Contributions were first invested into the funds on 2 October 2007, except for the Global Sustainability Fund and the Active High Growth Fund into which contributions were first invested on 8 April 2008 and 22 April 2008 respectively.
- The asset allocations may change from time to time.
- For further information on the funds shown above, please consult the FirstChoice KiwiSaver Scheme Investment Statement or your financial adviser. A copy of the latest Investment Statement is available here.
* Prior to 1 April 2011, the Investment Management Fee was calculated and incorporated into the unit price daily, and deducted from the relevant Investment Fund monthly. From 1 April 2011, the Investment Management Fee is not incorporated into the unit price or deducted from the Investment Fund, but deducted from Members' Accounts monthly. In order to display returns pre and post 1 April on a comparable basis, the Investment Management Fee has been factored back in to the returns for the periods from 1 April.
Disclaimer
The FirstChoice KiwiSaver Scheme is provided by ASB Group Investments Limited.
The information contained in this website is for general informational purposes and is designed for use by New Zealand Residents only. None of the Crown, the Trustee, the Manager, ASB Bank Limited and its subsidiaries (the Banking Group), the Commonwealth Bank of Australia, or any other company in the Commonwealth Bank of Australia Group, or any of their Board members or directors (as the case may be), nor any other person or party, guarantees the securities offered in this website or the performance of those securities (including any of the investments or returns made in respect of the securities).
A copy of the Investment Statement for the FirstChoice KiwiSaver Scheme is available here or by calling 0800 1ST CHOICE (0800 178 246).
