Annualised return since inception*
Total Return since inception*
The Conservative Fund’s objective is to outperform bank rates by investing about 80% in cash/fixed interest and 20% in equities and other financial products, directly or through other Pie funds. This fund is a conservative investment. This fund is open. Click here to view the latest Fund Update.
The Fund is designed to protect and grow capital by investing mostly in cash held on call of deposit with New Zealand registered banks. The Fund can also invest in equities and, at our discretion, in bonds and other financial products.
Further information about how the investment strategy is implemented is in the SIPO.
If you wish to invest, please read and download the Product Disclosure Statement (PDS) and the Statement of Investment Policy and Objectives (SIPO), then complete the online application form.
Approximately 80% of the fund will be invested with New Zealand registered banks in cash, held on call or term deposit and global fixed interest. Approximately 20% of the fund will be invested across our funds, namely the Growth 2, Dividend, and Global Funds.
Find out more about our top holdings by checking out the latest Conservative Fund Fact Sheet.
Meet the Managers
Bianca Fledderus: Bianca is responsible for researching and conducting detailed analysis of global companies, and cash management for all the funds. She is also the Portfolio Manager of the Conservative Fund and of the JUNO KiwiSaver Scheme's Conservative Fund. Click here to read Bianca's full profile.