The fund risk profile refers to the proportion of the portfolio that is invested in growth vs defensive assets.

Growth assets, typically shares in companies, called equities, generally have higher returns, but can also be more vulnerable to market fluctuations (volatility).

Defensive assets, typically cash or bonds, are generally thought of as “safe”, less vulnerable assets types, with a lower rate of return. Fixed income and large cap shares are the two you’ll recognize from the portfolio screen.

On the Conservative end of the spectrum, roughly 80% will be invested in defensive assets, with 20% being allocated to growth assets.

Whereas an Aggressive portfolio will reverse this, with 20% allocated to growth assets and 80% going to defensive assets.

Remember, markets can change at any time, so make sure you’ve researched and come to an informed decision before investing.