Kiwisaver performance sites?

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Forums › Finance and wealth management › Kiwisaver performance sites?

shrub

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Ultimate Geek
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#304581 16-May-2023 21:03

Had a look at mine after 4 years been with Westpac on growth. Interesting to see that my gains are $187 and fees are $80 so on roughly 17k I'm getting $25 a year back. Not great.

Is there a comparison site or something with real information I can look through. From what I can see it's all just a bunch of fluff on the sites promising they are the best.

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eonsim

403 posts

Ultimate Geek
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#3076932 16-May-2023 21:25

There are several:

https://www.fma.govt.nz/library/reports-and-papers/kiwisaver-tracker/

https://smartinvestor.sorted.org.nz/kiwisaver-and-managed-funds/

https://sorted.org.nz/tools/kiwisaver-fund-finder

As always past performance is no predictor of future earnings...

SomeoneSomewhere

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#3076939 16-May-2023 21:48

Investment returns differ significantly year-to-year, and a bad year wiping out 5+ years of growth is not unheard of. On average, you should end up ahead of a balanced or conservative fund, but that's on a 10+ year timeframe.

As above, past performance isn't a good indicator of future returns. A fair bit of evidence has shown that actively managed funds (people picking individual stocks) basically never outperforms simply buying the average of the whole market - this is what an index fund attempts to do.

The only things you can concretely control are the fees, and how aggressive you are. This is high volatility, high return at one end, and low volatility, low return at the other.