Containing multitudes: diversity inside the KiwiSaver envelope

(Image: Getty)

Wed, 01 May 2024

When annual statements start landing in a month or two, KiwiSaver members can look forward to a better year-on-year envelope-opening experience.Following the 2023 result when the average KiwiSaver diversified fund return ranged from dire to bleak, the latest 12-month performance figures to the end of March this year are uniformly sunny.According to the just-released March quarter investment survey from actuarial consultancy firm Melville Jessup Weaver (MJW), the median growth and conservative funds were up 15.3% and 7.4%, respectively, over the...

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