NZX joins KiwiSaver race

NZX investment subsidiary Smartshares is launching a Kiwisaver scheme.

Called SmartKiwi, the company believes that KiwiSaver will deliver strong benefits to New Zealand’s capital markets, and the economy at large.

The SmartKiwi offering will have three investment options to choose from, a high growth option consisting of equities only, split between NZX and ASX stocks; a balanced option which will be split between equities and bonds; and a conservative option which invests primarily into fixed interest securities.