KiwiSaver News: New Default KiwiSaver Funds Initial Performance 2022
There has been 2.6 billion New Zealand dollars invested in the default KiwiSaver funds. The six new default KiwiSaver funds that replaced the 9 legacy default KiwiSaver funds in December last year had poor overall performance, average return of – 5.5% in the three months from December 1st to March 31st.