As the Amanah KiwiSaver Plan is an aggressive kind of investment, it has a risk factor of 7, which is higher than most KiwiSaver schemes. The higher the risk means more exposure to market volatility and fluctuations, but the returns are higher over time.
Whether it’s your first time investing or have been an investor for years now, consider applying for an account with Amanah. Investments can be monitored and easy to decipher while navigating through market conditions.
To reap high returns in the future, the recommended time frame is 5 to 10 years without withdrawing any funds. It’s recommended for those who aren’t significantly relying on their KiwiSaver. Since the Amanah KiwiSaver Plan invests in international equities, a longer investment period is favorable as the share prices increase over time
If you’re switching from another KiwiSaver scheme, it can take up to 35 days, which is the maximum transfer period. Once you’ve changed your KiwiSaver scheme, Inland Revenue will send you a letter indicating the change of enrolment and Amanah will arrange the transfer from your previous provider.
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