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Life stage products are designed to reduce investment volatility gradually over the period prior to a member's normal retirement age. Typically this period is any time prior to ten years before retirement.

These products are multi-manager portfolios that invest in a range of underlying managers with specific mandates to manage funds according to the risk-return profile of each life stage portfolio

Members typically have a choice of 3 life stage portfolios to invest in prior to retirement:

Suited to members with a high risk tolerance and offers the highest expected risk and return.
Suited to members with a medium risk tolerance and offers a moderate expected risk and return.
Suited to members with a low risk tolerance, and offers the lowest expected risk and return of the three portfolios.

  • Prior to retirement, members will automatically be switched out of their selected Life Stage portfolio and into the portfolio designed for their specific year of retirement.
  • At retirement, depending on member choice, members can either withdraw all their funds, or invest in an annuity to receive fixed payments through retirement.

Advantages of investing in life stage funds include:

  • Optimal asset allocation to suite members risk profile at each stage before retirement.
  • Capital protection and reduced investment risk by lowering equity allocations and increasing fixed interest and cash allocations as members approach retirement.
  • Diversification by using a multi-manager approach to fund management.
  • Automatic switching to lower risk profiled funds as members enters each stage.

For more information on our Life Stage products please contact us.