Your online guide to KiwiSaver, the Government superannuation scheme
KiwiSaver providers made big cuts in investments that harm people, animals and the planet last year according to new data from Mindful Money. This included some of the largest KiwiSaver providers resulting in the biggest fall in harmful investment since Mindful Money started tracking ethical investment trends five years ago. In the six month period …
Continue reading “KiwiSaver investments in harmful stocks plummet”
Fisher Funds chalked up very sluggish growth in its KiwiSaver funds under management (FUM) through the first quarter of owning Kiwi Wealth but the wholesale side of its business is growing at double-digit rates. The latest MJW survey showed Fisher's wholesale FUM grew 14.6% to $18.36 billion between the September and December quarters of 2023. …
Continue reading “Fisher’s KiwiSaver FUM sliggish after Kiwi Wealth purchase”
Fisher Funds chalked up very sluggish growth in its KiwiSaver funds under management (FUM) through the first quarter of owning Kiwi Wealth but the wholesale side of its business is growing at double-digit rates. The latest MJW survey showed Fisher's wholesale FUM grew 14.6% to $18.36 billion between the September and December quarters of 2023. …
Continue reading “Fisher’s KiwiSaver FUM sluggish after Kiwi Wealth purchase”
Performing well in the December quarter was at odds with KiwiSaver funds' longer-term performance and vice versa, according to the latest MJW survey. For example, ASB's Positive Impact fund was the best performing balanced KiwiSaver fund in the quarter with an 8.1% return, but it was the worst performer out of 17 funds over calendar …
Continue reading “The tipsy-topsy world of recent KiwiSaver performance”