As well as all the benefits Te Rūnanga provides, Te Rūnanga also provides some benefits to you if you are a member of Whai Rawa. Member’s Whai Rawa funds are now able to be invested in the Mercer Investment Trusts New Zealand’s Socially Responsible Conservative, Balanced and Growth Portfolios. The level of risk and return in each Portfolio would correspond to your fund choice.
Current Whai Rawa Investment
From 2010 Whai Rawa members were invested in a conservative investment fund. In 2020 Whai Rawa is pleased to announce it is expanding member’s investment options to include a balanced and a growth fund as part of an Investor Choice development in the scheme.
The three available funds are:
This fund is considered a ‘lower-risk’ option than the other two with about 80% of your savings invested in defensive assets like fixed interest and cash. The remaining 20% is invested in growth assets such as shares, property and infrastructure.
Sits in the middle of the fund options. Balanced is considered riskier than the conservative fund, but less risky than the growth fund. About 55% of your savings are invested in growth assets such as shares, property and infrastructure. The remaining 45% is invested in defensive assets like fixed interest and cash.
Growth is considered a higher-risk option with about 75% of your savings invested in growth assets such as shares, property and infrastructure. The remaining 25% is invested in defensive assets like fixed interest and cash.
NOTE: The returns you receive are dependent on the investment decisions of WRFL, the fund management decisions of the Fund Manager and the performance of the investments. The value of those investments may go up or down. Note that even the lowest category does not mean a risk-free investment.
Your member account
When your contributions are made, they join a pool of assets from other members invested in that same portfolio. To keep track of the value of each person’s share of the pool, the total value of the assets in the pool is divided into units of equal value. Units are then allocated to your account.
The value of your savings rises or falls depending on changes in the price of the investment assets owned. Unit prices are used to help track changes in the value of your Whai Rawa account.
For more information on the investments of Whai Rawa see the Other Material Information document or view the Whai Rawa Statement of Investment Policy and Objectives document.
Returns paid to members
On a daily basis, the value of your investment will rise or fall based on the unit price. In our new member account platform, you’ll notice that the value of your Whai Rawa savings is being calculated and available daily. The number of units you own and their value will appear alongside your account balance when you check your account.
Market and Whai Rawa Fund Specific Commentary – You can now read a regular Investment Commentary including a market update and information about the Whai Rawa fund.
January 2019 Investment Commentary (click to download)
March 2019 Investment Commentary (click to download)
April 2019 Investment Commentary (click to download)
June 2019 Investment Commentary (click to download)
September 2019 Investment Commentary (click to download)
October 2019 Investment Commentary (click to download)