Mark Riggall: Milford Asset Management portfolio manager on returns on low-risk managed funds underperforming in recent years
Heather du Plessis-Allan Drive · Newstalk ZB
September 13, 20233m 59s
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Show Notes
Returns on low-risk managed funds, including Kiwisaver's Conservative and Moderate funds have been underperforming in recent years.
Kiwisaver's Conservative fund has delivered users 0.8 per annum over the last 5 years, as the financial climate gets more turbulent.
Milford Asset Management's Mark Riggall explains the dip in returns for investors.
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Topics
moneybusinessKiwisaver