Stuck in the muddle: KiwiSaver funds inch ahead in risk-neutral quarter

The potential for a black swan event appears "high". (Image: NZ Fish & Game)

Wed, 24 Jul 2024

KiwiSaver diversified funds muddled through an unusually risk-on-and-off June quarter with an almost identical performance from conservative through to growth strategies.The just-published quarterly investment survey from actuarial consultancy firm, Melville Jessup Weaver, shows median fund returns ranged over a tight band of 0.6 to 0.8% across all four risk-weighted categories the report covers.Growth and moderate funds reported the best average quarterly returns, followed by conservative (0.7%) and balanced (0.6%) in a period where global sha...

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