¹JUNO KiwiSaver Growth Fund is ranked #1 for 3-year annualised returns out of 30 funds in the Morningstar KiwiSaver Multi-sector growth category, and JUNO KiwiSaver Balanced Fund is ranked #1 for 3-year returns out of 29 funds in the Morningstar KiwiSaver Multisector balanced category, and JUNO KiwiSaver Conservative Fund ranked #20 for 3-year annualised returns out of 24 funds to 30 September 2021 (after fees but before tax, calculated by Morningstar). Morningstar does not rank all KiwiSaver providers and risk profiles vary between funds. Based on 3-year returns to 30/9/2021 in the Morningstar
KiwiSaver Survey September Quarter 2021.
⁶JUNO KiwiSaver Growth Fund achieved a 5-star 3-year Morningstar Rating™ and a 5-star Overall Morningstar Rating™ out of 56 multisector growth funds as at 31/12/21. JUNO KiwiSaver Balanced Fund achieved a 4-star 3-year Morningstar Rating™ and a 4-star Overall Morningstar Rating™ out of 56 multisector balanced funds as at 31/12/21. JUNO KiwiSaver Conservative Fund achieved a 2-star 3-year Morningstar Rating™ and a 2-star Overall Morningstar Rating™ out of 44 multisector moderate funds as at 31/12/21.
JUNO KiwiSaver Growth Fund data
JUNO KiwiSaver Balanced Fund data
JUNO KiwiSaver Conservative Fund data
Morningstar KiwiSaver Survey September Quarter 2021
Morningstar does not rank all fund managers and risk profiles vary between funds.
Morningstar results are after fees and before tax. JUNO charges a flat dollar fee based on balance, so it is not possible to incorporate a percentage fee accurate for all members in the funds after tax return. Morningstar has adopted its global policy for dollar-based fees, to the JUNO funds in this instance. Morningstar has chosen a conservative KiwiSaver balance, of $10k, and applied the JUNO fee for that balance ($60) to get 0.60%. Morningstar has deducted that from the return we generate using its unit prices, which are pre fee. This percentage impact to each member is likely to be higher, or lower, than this figure. Past performance is not an indicator for future returns.
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The Morningstar Rating is an assessment of a fund’s past performance – based on both return and risk – which shows how similar investments compare with their competitors. A high rating alone is insufficient basis for an investment decision. To get a Morningstar Rating (Star Rating), a fund must be at least three years old, and be in a peer group (Morningstar Category) which has at least 10 funds with three-year track records. Morningstar Overall Ratings.
Pie Funds Management Limited (Pie Funds) is the issuer and manager of the JUNO KiwiSaver Scheme. Click here for the Product Disclosure Statement. Before investing, you may want to obtain financial advice. Past performance is not an indicator for future returns.