Morningstar: KiwiSaver survey

Morningstar today released its second six-monthly KiwiSaver Performance Survey, designed to help New
Zealand investors assess the performance of their KiwiSaver superannuation options.

"Most KiwiSaver contributions continue to flow into the more conservative options, and despite the doom
and gloom, these have held up pretty well because of their high allocations to cash and fixed interest,"
said Morningstar Manager, Fund Analysis Chris Douglas. "However, it's worth remembering that although
the markets in which they invest tumbled over the past year, the KiwiSaver options investing in growth
assets like shares and property offer the greatest potential for growing the value of retirement savings
over the longer term."

View full press release.