The Sharesies KiwiSaver Scheme has guardrails in place to promote a well-diversified portfolio. This means you need to have at least 50% of your contributions invested into a base fund, and you can invest up to 50% in your own picks, to a maximum of 5% in each investment.

The value of your investments will fluctuate over time. If we notice an increase or decrease beyond what might be expected, we’ll get in touch with some information to help make sure your portfolio remains diversified.

The value of a specific pick may also fluctuate and exceed 5%. If this happens, you won’t be required to rebalance your investment to fit below 5%. However, if your pick exceeds 10% of your KiwiSaver balance, we’ll reach out with information about the risks of an overly concentrated portfolio. If your pick exceeds 10% of your KiwiSaver balance for more than 90 days, or exceeds 15% of your KiwiSaver balance, it’ll be temporarily removed from your investment plan until the balance is back within the 10% threshold.

You also have the option to remove the pick from your investment plan and redirect future contributions into other picks or your base fund.

For more info on our guardrails, check out our Product Disclosure Statement and Guardrail Policy.