Fidelity Life Options Kiwi named top performing KiwiSaver fund

Fidelity Life’s Options Kiwi Fund was named as the best performing KiwiSaver fund out of 120 surveyed by FundSource for the three years to December 31, 2010. With an annual average return of 11.59% over three years the Fidelity Life Kiwi Options was placed well ahead of the next placed fund in the survey, the …

Strong end to 2010 for KiwiSaver

KiwiSaver funds ended 2010 strongly with positive returns across all sectors for the December quarter – and the year – according to the latest Mercer KiwiSaver Survey. KiwiSaver growth funds – which have the greatest exposure to shares and property – performed best with a median return of 3.7% for the quarter ended December 31. …

KiwiSaver overtakes managed funds and shares

KiwiSaver has jumped ahead of managed funds and shares as the investment option offering the best returns, and an increasing number of people see the scheme as their primary means of retirement. The findings have been revealed in the latest ASB Investor Confidence Survey which found KiwiSaver the third most favoured investment option behind term …