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Thursday, May 23, 2013.

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FUND PRICES - By Fund Manager

Weekly Prices - NEW FEATURE: CLICK FUND NAME FOR MORE!

Fund	Date	Entry Price	Exit Price

Lifestages Capital Stable Portfolio*	15 May 2013		2.2954
SBS Lifestages KiwiSaver Capital Stable	15 May 2013		2.3943
SBS Lifestages KiwiSaver Growth	30 Apr 2013	1.1066	1.1066

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Fund Sector

Fund Manager

Hot Tip # 1: An equity fund invests solely in company shares

Hot Tip # 2: To understand the different fund sectors, split the description into separate parts. For example think of 'Diversified Growth Unit Trusts' as:

Diversified - Spread across industries and/or sectors
Growth - Focused on capital growth as opposed to income
Unit trusts - essentially a generic managed fund

Therefore a 'Diversified Growth Unit Trust' is a managed fund that spreads its investments across industries or sectors and aims to earn its returns from capital growth.

Other useful links include:

Gifs, Superannuation, Defensive, Balanced, Ins Bond, KiwiSaver

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