KiwiSaver Survey | September Quarter 2024
The September 2024 quarter presented a mixed performance across various asset classes in New Zealand.
Morningstar's quarterly KiwiSaver Survey is designed to help New Zealand investors assess the past performance and other key characteristics of their KiwiSaver superannuation options. The accompanying tables show KiwiSaver fund returns for the three months and one, three, five, and 10 years to September 30, 2024.
Key Takeaways
- KiwiSaver assets increased, ending the quarter at NZD 117.6b, up around $7b for the quarter. This follows a $8b increase in the first half of the year.
- Average multisector category returns for the September quarter clustered around 4% indicating broad based asset class appreciation.