What is a risk profile and how do I find mine?
When it comes to investing – especially through your KiwiSaver or Investment Funds account – understanding your risk profile is one of the most important steps you can take. It’s the foundation for choosing the right investment strategy, and it can make a big difference is how your money grows over time.
At SBS Wealth, we’re here to help you make confident, informed decisions about your financial future.
What exactly is my risk profile?
Your risk profile is a snapshot of how comfortable you are with investment risk. It reflects your:
- Financial goals
- Timeframe for investing
- Tolerance for market ups and downs as it might affect your account balance
Think of it as your personal investment personality. Are you someone who prefers slow and steady growth, or are you comfortable with a bit more risk for the chance of higher longer-term returns?
How do I find my risk profile?
We've made it easy. Just head over to our Risk Profile Questionnaire. It's a quick, straightforward tool that asks about your goals, investment experience, and how you would react to different market scenarios.
Once you complete it, you’ll get a recommended investment mix based on your answers. Before switching your investment mix, it’s generally a good idea to contact a financial adviser to discuss what this means for you.
What happens after?
Once you know your risk profile, you can:
- Switch your investment risk profile; or
- Talk to a financial adviser if you want more personalised financial advice.
Take the first step
Understanding your risk profile is a powerful way to take control of your financial future. Whether you're just starting out or reviewing your current investment settings, it's never too early - or too late - to make sure your investments are working for you.
