According to research firm Morningstar’s latest KiwiSaver survey, the third quarter saw a mixed performance across the various asset classes, with some benefiting from easing inflationary pressures and softer monetary policy. Others experienced headwinds from global economic uncertainties and domestic factors.
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.
