How can I modify my mynestegg risk profile and what are the available options?
You can easily change the risk profile of your mynestegg investment by clicking the 'account' icon in your web portal or mobile app and then selecting 'change investment funds'. You can choose from one of our three options which relate to high, medium and low risk investments. With a pension, you can also choose the default investment option.
Higher risk investments are typically better suited to investors with a longer investment timeframe.
How can I modify my mynestegg risk profile, and what are the recommended risk levels for short-term investors?
You can easily change the risk profile of your mynestegg investment by clicking the 'account' icon in your web portal or mobile app and then selecting 'change investment funds'. You can choose from one of our three options which relate to high, medium and low risk investments. With a pension, you can also choose the default investment option.
Lower risk investments are typically better suited to investors with a shorter investment timeframe.
Why should I invest for at least 3 years with mynestegg, and how can I receive updates on investment performance?
We would always encourage our clients to invest for at least 3 years to allow for fluctuations in stock market performance. The longer you can leave your money for, the better chance you have of receiving a positive return on your investment. If you would like to receive regular content from mynestegg please opt into marketing preferences and we will keep you updated as to how our investments are performing.
What are the characteristics of the Cautious investment profile with mynestegg, and what return has it delivered over the past 5 years?
The Cautious investment is suited to people wanting to take lower risk. 77% of your money will be in safe investments and 23% will be in risky investments. This profile will be less volatile than our other options and has provided 11.50% return over the past 5 years.
Figures as at 1st November 2024.
What are the characteristics of the Balanced investment profile with mynestegg, and what return has it delivered over the past 5 years?
The Balanced investment is suited to people wanting to take some risk. 34% of your money will be in safe investments and 66% will be in risky investments. This profile will be more volatile than our Cautious option and less volatile than our Adventurous option and has provided 38.10% return over the past 5 years.
Figures as at 1st November 2024.
What are the characteristics of the Adventurous investment profile with mynestegg, and what return has it delivered over the past 5 years?
The Adventurous investment is suited to people wanting to take lots of risk. 100% of your money will be in risky investments. This profile will be more volatile than our other options and has provided 79.00% return over the past 5 years.
Figures as at 1st November 2024.
What are the characteristics of the Default investment profile with mynestegg, and what return has it delivered over the past 5 years?
The Default investment suits everyone taking out a pension, with risk adjusted by the time between your current age and desired retirement age. As you approach retirement, the risk profile will automatically de-risk to reduce investment exposure.
The Default investment has 9 profiles with different performances. Created on 17/10/2023, it doesn't yet have 5 years of performance data. For more information, contact us at [email protected] for relevant details and documentation.