KiwiSaver: having your eggs in more than one basket

By Linda Sanders In Money

Print Share
14th July, 2012
Two readers commented on my June 16 column on KiwiSaver. Grant Bulley writes: KiwiSaver contributions are only a relatively small component of the overall capital value of your KiwiSaver account; that is, what is happening to the funds you put your hard earned money in? To the end of May, the Fisher Funds “balanced strategy fund” had only returned 5.8% before tax since 2009. In other words, any capital you had after tax and infl ation erosion of about 8% in three years leaves you in firm negative territory, with your KiwiSaver sum worth less ...

Get full access to Listener.co.nz

Subscribers can read the full version of this story.

You can subscribe and get full online access for as little as $5 per week.

Enjoy the high-quality, in-depth journalism of the Listener magazine with convenient online access. This includes access to thousands of archived articles and up-to-date TV and entertainment listings.

Our great content is available online even before it hits the shelves, and includes more focus on breaking news. With our responsive design you get a great reader experience whether you read from your home computer, tablet, or even smartphone.

Already a subscriber? Just to read full version of this story.

Already an existing print subscriber? As part of your magazine subscription you are entitled to receive full access to the New Zealand Listener Online content. Click here for instructions on how to redeem your digital access.

Or you can subscribe now to get unlimited access to listener.co.nz.

Switch to our mobile site