Conservative invests predominantly in income assets (e.g. fixed interest) with a smaller percentage in growth assets (e.g. shares).
Benchmark asset allocation
![Benchmark asset allocation - Conservative](/assets/Site-Graphics/Benchmark-conservative.jpg)
Investment objective
To provide a long-term (10 years plus) return after tax and investment expenses of 1.5% p.a. above inflation. There is a reasonably small risk (approximately 1 in 20 years) of a member losing more than 3% in any year, with a current likelihood of a negative return of 1 year in every 6.
Estimated fund charges
Estimated total annual fund charges (p.a. of net asset value).
Historical returns
Current holdings
Information about asset classes held by Conservative
Download the latest PDF fact sheet
Growth assets
Global equities - unhedged
Russell Investments Global Shares Fund (262 KB)
Global equities - unhedged
Russell Investments Sustainable Global Shares Fund (201 KB)
Global equities - NZD hedged
Russell Investments Global Shares Fund - NZD hedged (201 KB)
Global equities - NZD hedged
Russell Investments Sustainable Global Shares Fund - NZD hedged (205 KB)
New Zealand equities
Russell Investments NZ Shares Fund (270 KB)
Global listed property
Global Listed Real Estate Fund (1.5 MB)
Global listed infrastructure
Russell Investments Global Listed Infrastructure Fund (538 KB)