Will you withdraw your KiwiSaver to make a 1st home purchase in the next 5 years?

Yes No

Question 1 of 4

I plan to begin withdrawing money from my KiwiSaver account in...

Less than 5 years 5-10 years 11 years or more

Question 2 of 4

When I hear 'risk' related to my KiwiSaver investment...

I worry I could lose money I understand that it's part of investing I see an opportunity for better returns

Question 3 of 4

What would you do with a $100,000 windfall that had to be invested?

Put it in the bank or on term deposit Invest in a property (which includes paying off the mortgage) Put most or all in the share market and a little in the bank

Question 4 of 4

If your KiwiSaver were to decline in value by 10% over a 12-month period, what would you do?

Transfer some or all of the investment to a more secure option Leave it alone as I understand markets go up and down Invest more to take advantage of the lower prices

Your risk profile is Conservative

Milford Funds and their risk profiles

As with any investment, all Milford KiwiSaver and Investment Funds carry with them an associated level of risk. The level of risk each fund has depends on the types of assets it invests in. It is also worth remembering that a good way to mitigate some risk is to invest in more than one Fund or across more than one type of investment. This process is called diversification and you can read more about it here

Risk profile	Milford KiwiSaver Funds	Milford Investment Funds

Conservative

Milford Conservative Fund

Milford Conservative Fund

Balanced	-	Milford Diversified Income Fund

Balanced	Milford Balanced Fund	Milford Balanced Fund
Growth	Milford Active Growth Fund	Milford Active Growth Fund
Growth	-	Milford Global Fund
Growth	-	Milford Trans-Tasman Fund
Growth	-	Milford Dynamic Fund

Risk versus time

Time can have a strong influence over risk. Typically, as your investment time shortens your appetite for risk will lessen because you have less time to offset any short-term falls in value. For this reason, you should re-assess your risk profile every six to twelve months to ensure you’re not carrying too much or too little risk.

Question 1 of 6

I plan to begin withdrawing money from my investment in:

Less than 5 years 5-10 years 11 years or more

Question 2 of 6

Once I begin withdrawing from my investment, I plan to withdraw all of the money in:

Less than 5 years 5-10 years 11 years or more

Question 3 of 6

My main concern is protection of capital. Keeping my money protected is more important than earning higher returns

True False

Question 4 of 6

How would you best describe your investment experience?

I am not familiar with investment markets I take an interest but I'm not really comfortable making investment decisions myself I am an experienced investor and understand markets go up and down

Question 5 of 6

If your investments were to decline in value by 10% over a 12-month period, what would you do?

Transfer some or all of the investment to a more secure option Leave it alone as I understand markets go up and down Invest more to take advantage of the lower prices

Question 6 of 6

Investing involves taking some risk. The level of risk will vary depend on the Fund(s) you are invested in. If you could increase the chances of improving your investment return by taking some risk would you be willing to:

Take on a little risk Take on some risk Take on more risk

Your risk profile is Growth

Milford Funds and their risk profiles

As with any investment, all Milford KiwiSaver and Investment Funds carry with them an associated level of risk. The level of risk each fund has depends on the types of assets it invests in. It is also worth remembering that a good way to mitigate some risk is to invest in more than one Fund or across more than one type of investment. This process is called diversification and you can read more about it here

Risk profile	Milford Investment Funds	Milford KiwiSaver Funds

Conservative

Trans-Tasman Bond FundNew

-

Conservative

Global Bond FundNew

-

Conservative

Conservative Fund

KiwiSaver Conservative Fund

Balanced	Diversified Income Fund	-

Balanced	Balanced Fund	KiwiSaver Balanced Fund
Growth	Active Growth Fund	KiwiSaver Active Growth Fund
Growth	Australian Absolute Growth Fund ***New	-
Growth	Global Equity Fund	-
Growth	Trans-Tasman Equity Fund	-
Growth	Dynamic Fund	-

Risk versus time

Time can have a strong influence over risk. Typically, as your investment time shortens your appetite for risk will lessen because you have less time to offset any short-term falls in value. For this reason, you should re-assess your risk profile every six to twelve months to ensure you’re not carrying too much or too little risk.