Published 29 January 2014

Morningstar has released its quarterly KiwiSaver Survey, designed to help New Zealand investors assess the performance and other key characteristics of their KiwiSaver superannuation options. The accompanying tables show KiwiSaver fund returns for the one, three, and five years to 31 December 2013.

This quarter we have added three KiwiSaver funds operated by New Zealand Funds Management to our database. All three are in our Miscellaneous category due to the firms LifeCycleTM approach as well as the leverage that the firm uses in some of its KiwiSaver options. This can have a big impact on performance, and as a result we don’t believe it’s appropriate to include these in the same category as funds which don’t use leverage to seek enhanced returns.

Reads the full report (PDF)