FMA Updates KiwiSaver Tracker Tool, Reflecting Pandemic Impact in Q1

  • Jun 17, 2020 NZST
  • Team Kalkine
FMA Updates KiwiSaver Tracker Tool, Reflecting Pandemic Impact in Q1

The FMA has updated its online KiwiSaver tracker tool with quarterly fund data of March 2020, indicating the effects of the Covid-19 pandemic in the first quarter of the year.

The tracker lets the user make a comparison over one year or five years. The five-year comparison of funds gives a longer-term perspective, and it shows that more than 99 per cent of funds were positive from April 2015 – March 2020.

Now, there are a total of 270 KiwiSaver funds, and about 143 had negative results for the year to end in March 2020.

 


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