NZPA
Tuesday 8th February 2011 |
Text too small? |
KiwiSaver funds finished 2010 strongly, investment services and consulting firm Mercer says.
A Mercer survey showed KiwiSaver growth funds -- which have the greatest allocation to shares and property -- performed best with a median return of 3.7 percent for the three months to the end of December.
More conservative default funds posted a median return of 0.8 percent for the quarter.
For the whole of 2010, growth funds and balanced funds did best with median returns of 7.1 percent, while conservative funds had 6.1 percent and default funds 5.9 percent for the year.
The returns in the survey were before tax and after management fees.
No comments yet
Contact secures gas supply
MCK - MARKET UPDATE ON RESPONSE TO CDLHHNZ TAKEOVER NOTICE
January 22nd Morning Report
ATM - 1H25 Results Announcement Date and Webcast Notification
MCK RECEIVES TAKEOVER OFFER FROM CDLHHNZ
PHL - Senior Manager Change
Steel & Tube 1H25 Interim Results to be announced on 24 Feb
January 20th Morning Report
KPG - Changes to the Kiwi Property Board
IKE - Timing of Quarterly Performance Update and Conference Call