The Fund is a defined contribution arrangement where the members’ fund credits are accumulated within the fund and are expected to form a major part of members’ wealth at retirement. The trustees therefore realise the tremendous importance that future investment returns will have on the benefits of members.

Members are invested in the KZN Life Stage Model unless they choose to invest in a portfolio of their choice.

Portfolio options:

  • KZN Managed Fund
  • KZN Global Balanced Fund
  • KZN Aggressive Fund
  • KZN Moderate Fund
  • KZN Defensive Fund
  • KZN Islamic Fund
  • KZN Money Market Fund

Difference in portfolios is based on exposure to riskier and safer assets.