KiwiSaver Survey | September Quarter 2016

In general, it was a solid quarter for KiwiSaver funds, with all options producing positive results.

13 May 2018

Published 24 October 2016

Morningstar’s quarterly KiwiSaver Survey is 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 30 September 2016.

It was a relatively active quarter in terms of additions. AMP KiwiSaver incorporated 16 investment options into the database including 10 pre-mixed options as well as six single-sector options. Performance returns for the new options are yet to reach the one-year mark.

Funds Administration New Zealand Limited (FANZ) included Lifestages KiwiSaver High Growth and Lifestages KiwiSaver Income on the database. Balances of the former Staples Rodway KiwiSaver Scheme have been transferred over to the Lifestages KiwiSaver Scheme.

Grosvenor KiwiSaver Scheme has had a name change and is now Booster KiwiSaver.

We hope you find this KiwiSaver survey helpful and welcome any feedback.

Reads the full report (PDF)

KIWISAVER SURVEY

AUTHOR

Tim Murphy
is director of Asia-Pacific manager research for Morningstar Australasia Pty Ltd.

© 2024 Morningstar, Inc. All rights reserved. Neither Morningstar, its affiliates, nor the content providers guarantee the data or content contained herein to be accurate, complete or timely nor will they have any liability for its use or distribution. This report has been prepared for clients of Morningstar Australasia Pty Ltd (ABN: 95 090 665 544, AFSL: 240892) and/or New Zealand wholesale clients of Morningstar Research Ltd, subsidiaries of Morningstar, Inc. Any general advice has been provided without reference to your financial objectives, situation or needs. For more information refer to our Financial Services Guide at www.morningstar.com.au/s/fsg.pdf. You should consider the advice in light of these matters and if applicable, the relevant Product Disclosure Statement before making any decision to invest. Our publications, ratings and products should be viewed as an additional investment resource, not as your sole source of information. Morningstar’s full research reports are the source of any Morningstar Ratings and are available from Morningstar or your adviser. Past performance does not necessarily indicate a financial product’s future performance. To obtain advice tailored to your situation, contact a financial adviser. Some material is copyright and published under licence from ASX Operations Pty Ltd ACN 004 523 782.

More from Morningstar

Funds

Are average returns enough to achieve your goals?

Following rock star fund managers and trying to emulate their success is likely to end badly for most investors. It’s better to shoot for above...

Funds

Listed Investment Companies monthly performance: May 2024

The Morningstar LIC monthly report provides a snapshot of ASX-listed LICs, and whether they are trading at a premium or a discount to their net...

Funds

Contrasting views of investing that may both be right

Hyperion and Schroders take different investment approaches but the contrasts can inform all investors on how to view markets.

Funds

How to tell if a fund or ETF will likely underperform

The funds that have been rated negative by our analysts have characteristics in common.

Funds

Listed Investment Companies monthly performance: April 2024

The Morningstar LIC monthly report provides a snapshot of ASX-listed LICs, and whether they are trading at a premium or a discount to their net...

Funds

KiwiSaver Survey - March Quarter 2024

KiwiSaver assets increased, owing significantly to market movements, ending the quarter at NZD 108.6 billion, up around NZD 4 billion for the quarter.