First Conservative Balanced Pen
45555
First Conservative Balanced Pen 45555 Strategy
This option is designed to provide more stable returns than the Shares Plus, Growth or Balanced options. It is at the lower end of the risk / return range and is likely to underperform against the Shares Plus, Growth or Balanced options over the medium to long term.
The investment objective & strategy is a summary of the investment's principal strategy as written in the prospectus. This information is pulled from the most recent product disclosure document.
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KiwiSaver assets increased, ending the quarter at close to NZD 145 billion rising almost $5b this quarter due to a combination of market returns across the board, and inflows.
Morningstar Investment Ideas
Markets
Index | Last price | Change | % Change |
|---|---|---|---|
| All Ordinaries | 9,251.50 | 83.10 | -0.89% |
| CAC 40 | 8,516.77 | 1.28 | 0.02% |
| DAX 40 | 25,147.18 | 113.51 | -0.45% |
| Dow JONES (US) | 49,588.98 | 193.82 | 0.39% |
| FTSE 100 | 10,699.71 | 12.82 | 0.12% |
| HKSE | 27,081.91 | 668.56 | 2.53% |
| NASDAQ | 22,886.07 | 203.34 | 0.90% |
| Nikkei 225 | 56,825.70 | 642.13 | -1.12% |
| NZX 50 Index | 13,420.43 | 111.91 | 0.84% |
| S&P 500 | 6,905.36 | 4.15 | -0.06% |
| S&P/ASX 200 | 9,026.00 | 84.10 | -0.92% |
| SSE Composite Index | 4,082.07 | 51.95 | -1.26% |