Volatility is likely to be highest of the funds - Also suitable if you are intending to leave your money in KiwiSaver for at least 10+ years and don’t mind drops along the way Conservative funds - Volatility is likely to be the lowest - Suitable if you expect to spend your KiwiSaver within the next 1-5 years Balanced funds - Volatility is likely to be higher than Conservative funds but lower than Growth funds - Suitable if you expect to spend your KiwiSaver within the next 5-10 years Growth funds - Volatility is likely to be higher than Balanced funds but lower than Aggressive funds - Suitable if you intend to spend your KiwiSaver after 10 years The longer you have until you withdraw, the more growth assets you should hold to maximise your Kiwisaver’s potential. But, if you are planning to buy your first home or nearing retirement in the next five years, you should consider the Conservative Fund. Risk + Growth Defensive < Fund Type > Aggressive 21