# Default Conservative Fund

> Fund within a KiwiSaver scheme. Issuer: **FISHER FUNDS MANAGEMENT LIMITED**. Scheme: **FISHER FUNDS KIWISAVER PLAN**.
> Canonical: https://fundcompare.co.nz/funds/fisher/default-conservative-fund

## Key data

- **Fund type:** Conservative
- **Category:** KiwiSaver
- **Risk indicator (1–7):** 3 (per FMA Disclose)
- **Total fees (1-year):** 0.51% (per FMA Disclose Quarterly Fund Update)
- **5-year average return:** 3.34% after fees and tax at PIR 28% (per FMA Disclose)
- **Growth assets:** 22.2%
- **Income assets:** 77.8%
- **Fund size (NZD):** NZD $1,003,570,238.33
- **Members:** 72,624
- **Inception:** 2014-07-01
- **Default KiwiSaver scheme status:** Yes
- **Withdrawal rules:** This is a fund within a KiwiSaver scheme, which means generally you can withdraw only to purchase a first home, after the age of 65 or in cases of financial hardship.

## Identifiers

- **FSP number:** FSP38581
- **NZBN:** 9429037864354

## Data sources

- FMA Disclose register — https://disclose-register.companiesoffice.govt.nz/
- IRD KiwiSaver — https://www.ird.govt.nz/kiwisaver
- Sorted Fund Finder — https://fundfinder.sorted.org.nz/

_Data last refreshed from FMA Disclose: 2026-05-08._

## Machine-readable surface

- Facts JSON: https://fundcompare.co.nz/api/fund/fisher/default-conservative-fund/facts.json
- HTML page: https://fundcompare.co.nz/funds/fisher/default-conservative-fund

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This is an informational summary published by FundCompare NZ (https://fundcompare.co.nz) using publicly available data from the FMA Disclose register, IRD KiwiSaver, and Sorted Fund Finder. It does not constitute financial advice. FundCompare NZ is not a licensed Financial Advice Provider. Past performance is not indicative of future results — read each scheme's Product Disclosure Statement and consult a licensed financial adviser before making any decision. KiwiSaver® is a registered trademark of Inland Revenue.