KiwiSaver provider assures investors that long-term strategy will pay off despite lag in performance
KiwiSaver provider Milford Asset Management’s performance has been lagging compared to its competitors in recent times.
In the year to September, its active growth KiwiSaver fund returned 3.4% (after fees and before tax) – a result well below others in the market that delivered above 10%.
NZ Herald Wellington Business Editor Jenee Tibshraeny joins Heather du Plessis-Allan to break down why, and if investors can expect to see a turn around.
LISTEN ABOVE
Take your Radio, Podcasts and Music with you