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Life after lock down - invest on your terms

June 10, 2020



After weeks of restrictions around where we can go, who we can see and what we can do, is it time for New Zealanders to regain control of their lives, their goals – and their money?

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Life under lockdown meant different things to different people. Some struggled with the restrictive nature of everyday life, others welcomed it. As New Zealand dials back lockdown what lies ahead for you? Is it a good time to regain a sense of control over your goals in life and your finances? If so, here’s some thoughts.

Think like an investor 

Are you a saver or an investor? In spite of the name, if you’re in KiwiSaver you’re actually already an investor. As a result you’re already investing in your future – your life in retirement or your first home.  But what about your other goals in life – how will you fund them? A managed fund might be a good option.

What's a managed fund? 

As the name suggests, a managed fund is an investment fund that’s managed by a team of experts. When you put your money into a managed fund, it’s pooled together with money from other investors. Sound familiar? A KiwiSaver account is actually a type of managed fund. But there are other kinds of managed funds including Kiwi Wealth Managed Funds. 

Invest in yourself

A KiwiSaver account is designed to help you specifically save towards retirement or your first home. Other managed funds can help you save towards other life goals like starting your own business, your children’s education or a special holiday.  

What’s important to you in the medium and long term? If you’ve got more than one goal to save for, no problem. You can have multiple Kiwi Wealth Managed Funds investment accounts and even name them after the different savings goals you have in mind: my bach, my holiday…the choice is yours.

Make a start

How much have you got to invest? You can open Kiwi Wealth Managed Funds for as little as $100 making it one of the most accessible managed funds in New Zealand.  

Once you’ve made a start, you decide how much and how often you contribute to your Managed Funds account. Even a small amount on a regular basis can add up over time helping bring you closer to reaching your goals whatever they are.

Be in control

Unlike your KiwiSaver account, you can access your investment in a Managed Funds account at any point in time. If you want or need your money you won’t be penalised for withdrawing it either, unlike some term deposits or savings accounts. This makes Managed Funds a great way to invest your money with the ability to use it when you need it. 

If you’re looking for an accessible investment option a managed fund could be just what you’re looking for. Find out more about how Kiwi Wealth Managed Funds can help bring you closer to your goals by clicking here

Tags: Investing, Investment Basics

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