No, but one of our human advisers can help if you decide if they're a good option for you. Let's dive into the detail.

We have sorted the funds into 5 categories, they are defensive, conservative, balanced, growth and aggressive. There are no rules for how KiwiSaver providers should manage asset allocation into the different fund categories. This means that there is a lack of consistency with how providers decide what proportion of each fund is allocated to growth assets. Here’s what we use:

Category

% of Growth Assets

Included at BetterSaver?

Defensive

0-9.99%

Yes*

Conservative

10-34.9%

Yes

Balanced

35%-64.9%

Yes

Growth

65%-89.9%

Yes

Aggressive

90%+

Yes*

*When completing our Online Advice Questionnaire, Defensive and Aggressive Funds will not be suggested as an option. However, customers can be placed into a fund in one of these categories by a human adviser. The adviser will review the online advice, interact with the customer and move them into one of these funds if both parties agree it’s a better option for them. These categories are outliers and aren’t suitable for most investors.

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