Waiho i te māhaka tī kia kore ai e motu Choose a fund to help you achieve your goals.
Bringing Investor Choice to our members has long been a goal for our scheme. We are creating options for all whānau – no matter your age, Whai Rawa savings balance or life stage. You can now choose a fund that better reflects your personal needs and risk appetite.
WELCOME TO INVESTOR CHOICE whānau
Scheme Pānui May 2020
In the May edition of our Scheme Pānui, we cover the recent changes to the Whai Rawa scheme including our three Fund options and the current market situation, and we talk to our Investment Manager about risk appetite. We also introduce the new online member experience and show you some of the exciting new features and benefits of logging into your account online.
FAQs - Investor Choice General
Traditionally, Whai Rawa Funds were invested in a Socially Responsible Conservative Fund. You can now choose between three Socially Responsible Fund choices for your investment– Conservative, Balanced or Growth. Each comes with its own level of risk.
What might be best for you might not be best for your tamariki. This is great opportunity to decide on whether you would like to switch Funds, or you can do nothing and remain in the Conservative Fund.
We’ve called our Investor Choice journey Te Puāwaitanga. It references the growth of the Scheme to three Funds, each with their own level of risk. Like a tree that takes years to grow, your investment will also be impacted by how long you save, your contributions, and local and global market activity.
You can now choose between three Fund choices for your investment– Conservative (Tōtara), Balanced (Mataī) and Growth (Rātā). You can choose a Fund that better reflects your needs and risk appetite.
On our Investor Choice journey we’ve associated South Island trees with each of our Funds. The associated trees reflect the characteristics of each Fund type.
Tōtara reflects our Conservative Fund.
Mataī reflects our Balanced Fund.
Rātā reflects our Growth Fund.
Yes, all Whai Rawa’s Fund portfolios are Socially Responsible.
FAQs - Investor Choice Switching
If you have not made a choice yet you can log in to your Whai Rawa account to take our risk quiz, make a fund choice or just look at the options. Visit www.whairawa.com/login to access your portal.
The risk quiz may help you to better understand how your approach to risk translates to the investment options available to you. Answer 5 quick questions to find out which investment option could be right for you.
You can access this quiz through your member login, or go to www.purl.co.nz/wr/riskquiz
The same way as you will switch, you will need to login to their Whai Rawa account. Visit www.whairawa.com/login to access the portal.
The default for members is the Conservative (Tōtara) Fund. Every member is currently in the Conservative (Tōtara) Fund and will remain there if they make no choice.
At this time, you can only invest 100% of your Funds and future contributions into one Fund type.
No, there is no charge to switch Funds at this time.
Your Fund switch will be completed within 3 working days if you complete your switch online.
It can take up to 7 working days to process a paper switch form.
Read the Whai Rawa Product Disclosure Statement which you can access online here www.whairawa.com/pds
If you would like to seek qualified financial advice, visit the Financial Markets Authority website to view a list of registered financial advisors here. Please note this is not a subsidised benefit by Whai Rawa.
Whai Rawa Fund Limited is the issuer of the Whai Rawa Unit Trust. A copy of the Product Disclosure Statement is available at www.whairawa.com/pds.
Risk Quiz Disclaimer
We take no responsibility as to whether or not you complete our Risk Quiz before selecting a fund, and take no responsibility for checking that the fund you select matches the outcome of your Risk Quiz or that you have completed it correctly. The Risk Quiz does not provide investment recommendations or financial advice personalised to you.
Past performance should not be relied upon as an indicator of future performance. The information contained on this page is intended for general guidance only and is not personalised to you. It does not take into account your particular
financial situation or goals. Before making any investment decision, you should refer to the Product Disclosure Statement or consult an appropriately authorised adviser.