Sharechat Logo

Strong finish for KiwiSaver funds

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.



  General Finance Advertising    

Comments from our readers

No comments yet

Add your comment:
Your name:
Your email:
Not displayed to the public
Comment:
Comments to Sharechat go through an approval process. Comments which are defamatory, abusive or in some way deemed inappropriate will not be approved. It is allowable to use some form of non-de-plume for your name, however we recommend real email addresses are used. Comments from free email addresses such as Gmail, Yahoo, Hotmail, etc may not be approved.

Related News:

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