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What’s Happening With My KiwiSaver?
Everyday investors checking the returns of their KiwiSaver fund in the last month or two may have done so with a wince of pain. 😳
The combination of global interest rate hikes, the Russian invasion of Ukraine, and supply chain disruptions mean the global financial markets are experiencing volatility.
So, it's important to remember what KiwiSaver is and why it was put in place. KiwiSaver is a superannuation savings scheme comprising a mix of company shares on global stock markets, interest-bearing bonds, cash, and property. For most investors, the best approach is to stay put and be patient, remember it is natural for markets to go up and down. KiwiSaver is for the long term.
If you want to discuss your KiwiSaver with us please do get in touch.
Mark Jones, Hallam Jones
Want to find out more? Simply give Mark Jones a call on 0800 404 202 or send him a message.
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