Investing with purpose through active fund management

Investing with purpose through active fund management

At Christian KiwiSaver Scheme, we view investing as a form of stewardship; a responsibility to manage resources in ways that reflect our faith and values. A key part of this faith-led approach is active fund management.

So, what does ‘active management’ mean, and how does it shape the way we invest on behalf of our members? To help explain this, we spoke with Manher Sukha, Investment Manager here at Anglican Financial Care, who shared his insights on how active management guides our approach.

What is active management?

At its simplest, active management is about being hands-on. We make decisions every step of the way, rather than simply following market movements. As Manher explains, “Active management involves carefully selecting the investments we want to include or exclude, and putting our investors’ funds to work in a considered, purposeful way.”

Active management happens on two levels:

  • Choosing where to invest – known as asset allocation. This might mean deciding how much of our funds should go into shares, bonds, or alternative assets, based on our outlook and our members’ risk profiles.
  • Choosing what to hold within each area – actively selecting which shares, bonds or alternative asset to invest in, rather than simply tracking an index.

This approach ensures that every investment is chosen with care, in line with our commitment to ethical investing and accountability.

In contrast, passive funds track an index, following the market’s ups and downs. They typically have lower fees, but offer less flexibility to change direction, as the market moves. “In a passive fund, you’re following the market,” Manher adds. “But when markets go down, you go down too. Active management means constantly reassessing and refining our approach.”

Active management in practice at Christian KiwiSaver Scheme

For our investment team, active management means staying constantly engaged. It’s about asking the right questions every day: which shares, bonds or alternative assets offer real value and align with our faith and our Ethical Investment Policy? How much should we hold in each area? When is it time to make a change – and when is it better to hold steady?

As Manher explains, “I look after cash, which often goes into term deposits, and I’m always checking whether to reinvest for four months, six months, or another timeframe. Our offshore assets are partially hedged against currency changes at all times, so I think about where the exchange rates are going daily and decide whether to change cover levels (i.e. increase or decrease hedge)!”

This daily attention doesn’t mean we’re making constant changes. In fact, Manher says, “Being active means looking at the situation, thinking about it carefully, and then deciding whether to make a change or to do nothing at all – and doing nothing can be an active decision too!”

Day-to-day decisions and long-term thinking

Our team meets weekly to discuss what’s happening in the markets, in the world, and in our portfolios. Manher shares that these meetings are both formal and informal, reflecting our collaborative culture. “Because we’re a small team, we have ongoing conversations about what we’re reading, what’s happening, and how it might affect our approach,” he says. “We also listen to others’ views – not just our own – and bring that into our decisions.”

We report to our Investment Committee and Board every three months. This ensures there’s always accountability and oversight, which is a vital part of our promise to members that their savings are looked after with integrity.

Balancing risk and return

Active management is also about managing risk and return in a thoughtful, long-term way. Manher says, “We’re always balancing risk and return. If something is expensive, compared to what we think it’s worth, that’s a risk. If it’s below what we think is fair, that can also be a risk – because the market view might be overly negative at that time.”

In other words, active management is about more than finding low prices or avoiding high ones; we work to understand why the price is where it is, and whether the market’s view reflects deeper issues.

Rather than reacting to short-term market movements, we focus on whether an investment offers real value in the long term. “We don’t react to every headline,” Manher says. “Unless we think there’s a fundamental change, we stay true to our investment strategy.”

This approach ensures we stay aligned with the risk profiles of each fund, whether it’s the Growth Fund, Balanced Fund, or Income Fund. While we might make slight adjustments within each fund if needed, we always respect our members’ overall appetite for risk.

Ethical investing at the heart of our approach

Ethical investing is core to Christian KiwiSaver Scheme. Before an investment is made, we check that it aligns with our ethical policy. This involves working with an external provider who reviews every investment in shares, and alerts us if there are any concerns.

Manher says, “Before we make any investment in shares, we check it with an external provider to ensure it aligns with our Ethical Investment Policy. If an investment no longer meets that standard, we remove it from our portfolio.”

This approach reflects our commitment to Christian values.

Navigating global uncertainty

We know that global events and economic shifts can affect markets. But rather than being driven by fear, we look at how these events impact the big picture and our members’ long-term financial wellbeing. Our approach is measured and considered – we focus on what we can control, and avoid knee-jerk reactions to market volatility.

Manher says, “Yes, we’re cautious right now because there’s so much uncertainty out there. But we’re not reactionary. We’ve positioned ourselves to take on the right level of risk – not too much, not too little – and we watch closely to see if anything truly changes that picture.”

By staying disciplined and aligned with our members’ values, we aim to navigate uncertainty with integrity. This means staying alert to global challenges, but also keeping sight of the long-term goals that matter most to our community.

Stewardship in action

For us, active fund management looks like this in practice:

  • Making careful decisions on what to include and what to avoid.
  • Monitoring investments every day, every week, and every quarter.
  • Acting if something no longer aligns with our values.
  • Prioritising members’ needs for a long-term sustainable investment.
  • Staying true to our shared faith and ethical commitments.

Manher sums it up well: “At the end of the day, investing is half science, half art. Over time, you learn what to trust and what to watch out for. Our team here is exceptionally experienced, and we apply that experience to make the best decisions for our members.”

Active fund management is a practical way of using solid Investment Knowhow, to put Faith into Action, every day

Call us today to learn more about Christian KiwiSaver Scheme, and discover how simple it is to join.

Christian KiwiSaver Scheme is managed and issued by The New Zealand Anglican Church Pension Board (trading as Anglican Financial Care). The Product Disclosure Statement can be found here Documents | Christian KiwiSaver Scheme.

Find the right fund for you

Find the right fund for you

Choosing the right fund is an important part of your KiwiSaver journey. It comes down to understanding your personal goals and your comfort with investment risk.

At Christian KiwiSaver Scheme, we believe investing is an expression of our Christian faith. We offer a values-guided way to support your financial goals while being part of a community of believers who care about where and how their savings are invested.

Our three Funds are actively managed, globally diversified, and focused on supporting our members’ investment goals without compromising Christian values.

You can invest in a single Fund or a combination of Funds. Members can change their Fund selection at any time as their needs or circumstances change. Taking time to understand your options is a valuable act of stewardship.

Actively managed with care

Christian KiwiSaver Scheme’s Funds are actively managed. This means that a dedicated investment team carefully selects, and changes when considered appropriate, the investments within each Fund, based on research, expertise, and ethical guidelines.

In contrast, passively managed funds follow a market index, regardless of changing conditions. By being actively managed, our Funds can respond to market movements, seek out new opportunities, and avoid investments that do not align with our Christian values. It’s another way we express stewardship; managing entrusted resources with expertise and care.

Each of our three Funds offers a different approach to investment, which our members can choose depending on the level of growth, income, and risk they are seeking.

Here’s a closer look at each Christian KiwiSaver Scheme Fund:

GROWTH FUND

Christian KiwiSaver Scheme’s Growth Fund is designed for people seeking long-term investment growth and who are comfortable with greater short-term ups and downs.

This Fund invests around 75% of its assets into growth assets such as New Zealand and international shares, and 25% into income assets like bonds and cash.

The Growth Fund may experience more movement in value over short periods but has the potential for higher returns over the long term. It may suit people who have a longer investment timeframe and are prepared for some ups and downs along the way.

BALANCED FUND

Our Balanced Fund offers a middle-ground approach, with balanced exposures to growth and income assets.

It invests approximately 50% in growth assets and 50% in income assets.

This balanced mix means the Fund still has the opportunity for growth but with less volatility than the Growth Fund. It may appeal to people with a medium to long-term investment outlook who are seeking medium returns and a medium degree of risk.

INCOME FUND

Christian KiwiSaver Scheme’s Income Fund focuses on providing modest returns, compared to the Balanced and Growth Funds, through investing solely in income assets.

It invests 100% of its assets in fixed interest investments such as bonds and cash. It does not invest in growth assets like shares.

The Income Fund may experience smaller fluctuations in value compared to the Growth or Balanced Funds. It may suit people who prefer a lower-risk approach, including those nearing retirement or already retired who are focused on preserving their savings.

Understanding your risk appetite

Everyone’s financial journey is different, and no one Fund suits all people. If you would like help understanding your comfort with investment risk, we recommend using the Investor Profiler tool from Sorted.org.nz – It can help you reflect on your goals, your investment timeframe, and your tolerance for ups and downs in value. You can also speak to a financial adviser for personal advice, or contact our member services team for general information.

Investing with purpose and faith

When you join Christian KiwiSaver Scheme, you are becoming part of a community of believers who see saving and investing as an extension of their Christian faith.

Our approach is guided by principles of stewardship, ethical responsibility, and faith in action. Just as we express our devotion through prayer, service, and everyday choices, entrusting our savings to Christian KiwiSaver Scheme is another way to give witness to being a Christian.

As Colossians 3:17 encourages us:

“And whatever you do, whether in word or deed, do it all in the name of the Lord Jesus, giving thanks to God the Father through him.”

Together, we are building a community that believes in making careful, values-aligned decisions about where and how we invest.

Christian KiwiSaver Scheme is managed and issued by The New Zealand Anglican Church Pension Board (trading as Anglican Financial Care). The Product Disclosure Statement can be found here Documents | Christian KiwiSaver Scheme.

Get your Government money

Get your Government money

Each year, the government offers a boost (called a government contribution) to help grow your KiwiSaver account. This is a great way to get closer to your KiwiSaver goals. Here’s how you can get the maximum government contribution for KiwiSaver.

What is the Government Contribution?

The government contribution is an annual payment from the New Zealand government for eligible KiwiSaver members. You are usually eligible if you:

  • Are making contributions to your KiwiSaver account,
  • Live mainly in New Zealand,
  • Are 18 or older, and
  • Do not qualify for the retirement benefit.

For more details about eligibility, please click here.

You can get up to $521.43 per year from the government. To get this maximum amount, you need to contribute at least $1,042.86 to your KiwiSaver account each year. Even if you can’t contribute that much, you can still get some government money. For every dollar you contribute, the government adds 50 cents, up to a maximum of $521.43 per year. Here’s how it breaks down:

How to Get the Maximum Government Contribution

If you’re an employee, your contributions come from your salary. If this isn’t enough to reach $1,042.86, you can make extra voluntary contributions to get the maximum government money.
If you’re self-employed, you can make voluntary contributions directly to your KiwiSaver account.

Remember, the government contribution is calculated yearly, from July 1 to June 30. To get the full $521.43, you need to contribute $1,042.86 by June 30 each year.

Getting the maximum government contribution is a great way to boost your savings. If you do this every year, you could get over $5,000 in your KiwiSaver account from government contributions alone after ten years (not including any investment returns or losses). This can help you get closer to your retirement savings goals.

How to Check Your Contributions

To see if you’ve contributed enough, log in to the member portal on the Christian KiwiSaver Scheme website. Click on the “Maximising GCs” tab to see a summary of your qualifying contributions for the year and find out if you’ve reached the target or how much more you need to contribute.

Make the most of this government boost to your KiwiSaver savings today! 

Christian KiwiSaver Scheme is managed and issued by The New Zealand Anglican Church Pension Board (trading as Anglican Financial Care). The Product Disclosure Statement can be found here Documents | Christian KiwiSaver Scheme.

Why your KiwiSaver balance fluctuates, and why that’s OK!

Why your KiwiSaver balance fluctuates, and why that’s OK!

It’s easy to fall into the habit of checking your Christian KiwiSaver Scheme balance regularly, especially in an age where we can track everything instantly on our phones. However, if you find yourself refreshing your balance every day, you might be focusing on the wrong thing.

Investing is about building for the future, not reacting to the present. The key to growing your savings is trusting in a long-term plan and staying committed, even when markets fluctuate.

Market ups and downs are normal

Financial markets rise and fall constantly. This movement, known as market volatility, is a normal part of investing. Some days your Christian KiwiSaver Scheme balance might be up, while on others, it may drop. But unless you’re planning to withdraw your savings soon, these short-term changes don’t matter.

Proverbs 21:5 reminds us:

“The plans of the diligent lead surely to abundance, but everyone who is hasty comes only to poverty.”

Making long-term, steady contributions is often wiser than reacting hastily to short-term changes.

Why reacting emotionally can hurt your savings

It’s human nature to feel uneasy when markets drop. Some people panic and switch funds, trying to avoid further losses. But making decisions based on short-term fear can lock in losses and prevent you from benefiting when the market recovers.

Instead of focusing on daily fluctuations, think about why you’re investing:

  • Growing long-term savings for retirement
  • Preparing for a first-home withdrawal
  • Contributing consistently for future financial security

KiwiSaver is designed as a long-term investment, not something that needs daily tracking.

Take advantage of market downturns

Instead of worrying about when to invest, many members follow a regular savings approach, contributing a set amount into their Christian KiwiSaver Scheme regardless of market movements. This strategy is called dollar-cost averaging and helps smooth out fluctuations over time.

Here’s how it works:

  • When the market is down, your contributions buy more of your chosen fund.
  • When the market is up, your contributions buy less, but your overall balance grows.
  • Over time, this reduces the impact of short-term market swings.

By staying consistent, you take advantage of market downturns rather than fearing them.

Patience pays off

Think of your Christian KiwiSaver Scheme like planting a tree. You wouldn’t expect it to grow overnight, but with time and steady care, it can become strong and fruitful. The same applies to your savings; the longer you stay invested, the greater the potential for growth through compounding returns.

Rather than checking your balance daily, ask yourself:

  • Am I contributing regularly?
  • Am I contributing enough to reach my goals?
  • Does my fund match my long-term goals?
  • Am I trusting in the process rather than reacting to short-term changes?

The key is consistency, not daily monitoring. If you ever have questions, our team at Anglican Financial Care is here to support you.

Set yourself up for financial success

Checking your KiwiSaver balance every day won’t make it grow faster. But sticking to a long-term strategy, investing with purpose, staying consistent, and keeping a long-term mindset, will help set you up for financial success, no matter what the market is doing.

If you want to learn more about how your Christian KiwiSaver Scheme savings work, get in touch – we’re always happy to help.

 

Christian KiwiSaver Scheme is managed and issued by The New Zealand Anglican Church Pension Board (trading as Anglican Financial Care). The Product Disclosure Statement can be found here Documents | Christian KiwiSaver Scheme.

Navigating market volatility with faith and perspective

Navigating market volatility with faith and perspective

“For we live by faith, not by sight.” – 2 Corinthians 5:7

If you’ve noticed your KiwiSaver balance shift recently, you’re not alone. Global markets have entered a period of volatility, largely in response to the tariffs introduced by the United States which have contributed to broader economic uncertainty.

While this volatility can feel unsettling, it’s important to step back and view these market movements through the lens of long-term investing.

Why are markets volatile right now?

The recent introduction of broad tariffs by the United States has impacted global trade and investor confidence, triggering declines in share markets across many countries. These fluctuations have also affected KiwiSaver funds, especially those with exposure to growth assets like shares.

While the United States tariffs are receiving significant media coverage right now, market corrections like this aren’t new. They help rebalance markets after long periods of upward performance. In fact, the markets had been performing strongly for quite some time, and this adjustment, though uncomfortable, is part of maintaining long-term health.

KiwiSaver is a long-term investment

Christian KiwiSaver Scheme is designed for the long haul, helping members prepare for retirement or take their first step onto the property ladder. These are goals that often span decades, not days or weeks.

It’s normal for balances to rise and fall over time. What’s important is how we respond. During periods of uncertainty, keeping perspective can make all the difference. Patience and discipline are key when it comes to long-term investing.

Here are a few practical reminders:

Avoid checking your balance too often

It’s natural to want reassurance when markets feel unsettled, but checking your balance frequently, especially during periods of volatility, can lead to unnecessary stress. Daily fluctuations are normal and often don’t reflect the bigger picture. Reacting emotionally to these short-term movements can lead to hasty decisions that may not serve your long-term goals.

Expect fluctuations

Markets rise and fall over time, that’s part of how they work. Economic events, policy changes, and global developments can all cause short-term movements, but this doesn’t mean your investment is off course. Volatility is a natural part of long-term investing, and history shows that markets tend to recover and grow over time.

Changing funds in a downturn can turn a movement into a loss

Switching funds when markets are down might feel like a way to avoid further losses, but it can have the opposite effect. When you move your investment to a lower-risk fund during a downturn, you may be turning a change on paper into a permanent loss of money, and you may be missing out on a future recovery. Staying invested in a fund that matches your long-term goals and risk appetite allows your savings the chance to grow over time. Watch out for our next blog which will explain this concept further.

As Proverbs 21:5 reminds us:

“The plans of the diligent lead to profit as surely as haste leads to poverty.”

How Christian KiwiSaver Scheme is managed

At Anglican Financial Care, we take a careful, values-led approach to managing Christian KiwiSaver Scheme.

Here’s how that translates into action:

  • Risk-aware investing: Our team continuously monitors the markets and makes thoughtful decisions to support members’ long-term goals, even in times of uncertainty.
  • Diversified portfolios: Each of our Funds – Growth, Balanced, and Income, includes a mix of local and global assets, which helps reduce the impact of any single event or market dip.
  • Active management: We don’t take a ‘set and forget’ approach. Our funds are actively managed, allowing us to respond to changing conditions while staying aligned with our values.
  • Ethical stewardship: Our equity investments are screened against our Ethical Investment Policy. We focus our investments on the entities that produce more good than harm and make deliberate investments in entities making the transition to clean technology and sustainable infrastructure.

A message of reassurance

Market downturns are a normal part of the investment journey. What matters most is the path forward. By staying the course, focusing on what you can control, and trusting in the process, you give your investment the time it needs to recover and grow.

If you’re unsure about your fund choice or want to understand more about your options, we encourage you to speak to a financial adviser. You’re also welcome to contact our member services team for general support.

In times of uncertainty, keep your focus on what truly matters: your long-term goals, your community, and your faith. It’s here that you’ll often find clarity and peace. 

Christian KiwiSaver Scheme is managed and issued by The New Zealand Anglican Church Pension Board (trading as Anglican Financial Care). The Product Disclosure Statement can be found here Documents | Christian KiwiSaver Scheme.

Making the most of your KiwiSaver savings after 65

Making the most of your KiwiSaver savings after 65

Turning 65 is an important milestone, not just in life but also in your financial journey. For Christian KiwiSaver Scheme members, it marks the point where you can access your retirement savings. However, this doesn’t mean your KiwiSaver membership has to come to an end.

Many members choose to keep their accounts open beyond 65, continuing to manage their savings in a way that aligns with their long-term financial needs. At Anglican Financial Care, we know that planning for retirement is personal, which is why we send a letter to our Christian KiwiSaver Scheme members the month before they turn 65. This is an opportunity to start the conversation about your options, ensuring you have the information you need to make decisions that are right for you.

Here are the options available to you once you reach 65:

Keeping your account open

Reaching 65 does not mean you have to close your Christian KiwiSaver Scheme account. Many of our members choose to keep their funds invested beyond this age, giving them the flexibility to access their savings when needed while continuing to benefit from our faith-aligned investment approach.

Keeping your account open also allows you to continue adding to your savings, should you wish to do so. If you’re still working, you can continue your contributions to grow your balance further.

Making regular withdrawals

If you would like to supplement your retirement income while keeping your remaining savings invested, you can set up regular fortnightly or monthly withdrawals from your Christian KiwiSaver Scheme account. This option allows you to access your money gradually, while your remaining balance continues to work for you.

  • A $200 minimum applies to each regular withdrawal.
  • The minimum withdrawal amount may change in the future.

This approach can provide a steady stream of money while maintaining long-term investment potential.

Occasional one-off withdrawals

If you prefer more flexibility, you can make one-off withdrawals when needed. This option allows you to leave your savings invested while accessing funds at times when you need them – whether it’s for an unexpected expense, a special occasion, or a larger financial commitment.

  • A $1,000 minimum applies to each one-off withdrawal.

This option gives you the ability to manage your savings in a way that fits your lifestyle and financial needs.

Full withdrawal

If you decide to take out all of your savings, you can make a full withdrawal from your Christian KiwiSaver Scheme account. This means you will no longer be a member of KiwiSaver.

While some members choose this option, others prefer to leave their funds invested, ensuring they can access their savings gradually over time.

Making the right decision for you

Only you can decide how to manage your KiwiSaver savings after 65. Whether you continue investing, make partial withdrawals, or withdraw your full balance, it’s reassuring to know that Christian KiwiSaver Scheme gives you flexibility in managing your retirement funds.

As you approach this important milestone, we’re here to help. Our team at Anglican Financial Care is committed to supporting you in making informed decisions that align with your needs. If you have any questions about your options, don’t hesitate to get in touch.

Christian KiwiSaver Scheme is managed and issued by The New Zealand Anglican Church Pension Board (trading as Anglican Financial Care). The Product Disclosure Statement can be found here Documents | Christian KiwiSaver Scheme.