KiwiSaver
Bumper year for KiwiSaver growth funds
Tuesday 22nd of January 2013
In the 12 months to December 31 growth fund returns averaged 14.0%, well ahead of balanced funds (12.4%), moderate funds (9.7%) and conservative funds (including default options), which averaged 7.9%.
The double-digit returns enjoyed by growth investors were driven by equities, which returned 24.18% on the NZX 50 and 9.52% in global shares in 2012, and listed property, which returned mor...
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