With Lifeplan, your savings are invested in a managed fund.

With a managed fund, you are not buying actual shares or property or bonds. Usually, you buy "units". Each "unit" is a share in the total pool of money in the fund.

The money in your fund is invested ... then any money earned is put back into the fund, adjusting the size of the pool. So the value of your share of the pool will change over time.

It's true that the value of a unit can fall. Over time, though, units in managed funds have tended to rise in value. This makes managed funds a good long term investment.

Twelve Funds to Choose From

Diversified Funds - that is, spread across a range of investment types.

Conservative
Balanced
Dynamic

Specialist Funds - that is, focussing on a particular area of investment.

Capital
NZ Bond
Global Bond
Global
Trans-Tasman
North American
European
Far East
Emerging Markets

With Lifeplan you can choose units from any or all of these funds. You can also switch between funds at any time.