Core Income Funds

Core Income Funds

These are lower risk investment funds that are appropriate for investors who are close to retirement or purchasing their first home or alternatively used as a diversification tool to reduce the volatility of a broader portfolio.

Income funds typically deliver lower returns, though will have a lower likelihood (though it can still happen) of incurring a loss.

Core Income Funds
Cash Fund
3 years returns1,4
3.11%
Fees2
0.63%
Risk
1/7

Invests in bank products, term deposits and short dated money market instruments to provide a high degree of liquidity to investors.

Core Income Funds
Fixed Interest Fund
3 years returns1,4
-0.16%
Fees2
0.63%
Risk
3/7

Fixed Interest Fund Provide investors exposure to the New Zealand corporate and government bond markets.

1. Fund returns as at May 31, 2024 and are calculated after fees and before tax, returns over 1 year are annualised.
2. Excludes $30 annual fund administration fee and 0.3% facilitator fee for clients who use the services of a facilitator.
3. Past performance is not necessarily an indicator of future performance and return periods may differ.
4. Inception date for Core Funds was 23 October 2019, Inception date for Specialty Funds was 23 May 2022.