NZPA
|
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 percent for the three months to the end of December.
More conservative default funds posted a median return of 0.8 percent for the quarter.
For the whole of 2010, growth funds and balanced funds did best with median returns of 7.1 percent, while conservative funds had 6.1 percent and default funds 5.9 percent for the year.
The returns in the survey were before tax and after management fees.
No comments yet
VHP - Half year results announcement date and webcast details
Devon Funds Morning Note - 30 January 2026
AIA - Auckland Airport new board appointment
General Capital (GEN:NZ) Subsidiary General Finance Update
January 30th Morning Report
January 29th Morning Report
VSL - Date for 1H FY26 results announcement
January 28th Morning Report
IKE - Webinar Notification IKE Q3 FY26 Performance Update
VHP - Preliminary unaudited portfolio valuations 31 December 2025