Markets

Which KiwiSaver lost the least money this quarter?

Dan Brunskill
Tue, 10 May 2022

Which KiwiSaver lost the least money this quarter?
Not even cash can protect investors from losses in this market. (Image: Getty)
Dan Brunskill
Tue, 10 May 2022
Almost all investments have been losing value this year as interest rates have taken off, leaving nowhere for investors to hide. The decline goes well beyond the equity market, because the values of property and even government bonds have been falling. Alternative assets can’t protect you either. Bitcoin has become correlated with other risk assets and is underperforming the Nasdaq this year, down 35% and 25% respectively. Sitting on cash is also costly, with inflation last pegged at almost 7% and the NZ dollar in decline a...

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