Doing well, doing good: ethical KiwiSaver funds top rankings

An academic has warned ESG outperformance is due to its sudden popularity not the underlying securities. (Image: Getty)

Thu, 10 Feb 2022

KiwiSaver funds emphasising responsible investing were the top performers in the December quarter, according to the latest Morningstar report.The quarterly rankings show ethical investors delivered the highest returns in four of the five categories.Medical Assurance Society led the moderate funds with a 2.1% return, ASB’s new Positive Impact was the top balanced fund at 4.1%, Pathfinder took out the growth category with 5.1% return, and Kiwi Wealth the aggressive growth category at 6.1%.All these funds are certified by the Responsible Inv...

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