Decoding the "Risk Indicator"

Confused by the “Risk Indicator” on your KiwiSaver statement? That 1–7 scale isn’t a crystal ball—it’s a volatility meter showing how much your fund’s value has moved up and down over the past five years. A low number means stability, a high number means bigger swings, but it doesn’t predict the future. Learn what the indicator really tells you, its blind spots, and how to match your investment risk to your timeline and retirement goals.