KiwiSaver Survey | December Quarter 2024
The final quarter of 2024 presented a mixed bag for the New Zealand economy. While some indicators pointed towards a potential upswing, others suggested continued headwinds.
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 121.9b, up around $24b for the year.
- Average multisector category returns for the Dec quarter ranged significantly between 1 percent for conservative and 5 percent for aggressive growth assets performed strongly. Annual returns followed a similar trend.