In the last week the share markets have fallen on the back of concerns of the spread of Coronavirus and the potential impact on world trade.
If you’re in KiwiSaver or NZRT some of your funds are probably invested in shares, so it’s possible you might see your balance move up and down as this plays out over coming weeks.
Markets will always go through cycles that mean balances move around, but KiwiSaver and NZRT are a long-term investment and unless your individual circumstances have changed it’s not time to make hasty decisions.
The important thing is to check you are in the right fund now, and if you are, hang in there.
If you’d like a little help to check you’re in the right fund to suit your needs, click on the button below.