|
Tuesday 8th February 2011 |
Text too small? |
KiwiSaver funds finished 2010 strongly, investment services and consulting firm Mercer says.
A Mercer survey showed KiwiSaver growth funds - which have the greatest allocation to shares and property - performed best with a median return of 3.7% for the three months to the end of December.
More conservative default funds posted a median return of 0.8% for the quarter.
For the whole of 2010, growth funds and balanced funds did best with median returns of 7.1%, while conservative funds had 6.1% and default funds 5.9% for the year.
The returns in the survey were before tax and after management fees.
No comments yet
March 18th Morning Report
MCY - Mercury opens $220m geothermal expansion
PYS - PaySauce undertakes Minimum Holding buyback
March 17th Morning Report
Meridian Energy monthly operating report for February 2026
MCY - Mercury considers Green Bond offer
March 16th Morning Report
Metro Performance Glass FY26 Market Update
Devon Funds Morning Note - 13 March 2026
Devon Funds Morning Note - 12 March 2026