that we hadn't put husband's kiwi saver account with them. Last time I looked it had lost 10%, probably lost more now. Wondering how hard it would be to swap providers now.
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that we hadn't put husband's kiwi saver account with them. Last time I looked it had lost 10%, probably lost more now. Wondering how hard it would be to swap providers now.
And from today's paper this won't be helping:
An apparent bust-up between high-profile fund manager Carmel Fisher and her right-hand man, Warren Couillault, comes against a backdrop of a changing fund management sector.
Mr Couillault, Fisher Funds Management's chief investment officer and 27 per cent shareholder, stepped down as a director on Friday but remains an employee.
Don't take this as " advice" because I'm not an investment advisor and I'm not qualified to give it, but if I was under 40 or thereabouts I'd be making sure my Kiwisaver fund was a growth ( equity) fund of some sort.
We can't measure performance over a few months and must expect major fluctuations over a period of 20 odd years or more. All the evidence points to equities/property being the best investment over the long term.
:)
Macduffy that was the point was trying to make. QOH was indicating she was not happy with the performance for the kiwisaver fund her husband was in. I was just trying to say that all the other growth funds were in similar positions.
Yes, sorry, 777.
I was just reinforcing your point but replied to the wrong post.
:o
Smart shares have kiwi & Aussie stocks for very low fees - a kiwisaver too.
but last July things were looking rosier. Husband has just turned 64 so we have to stay in it for another 4 years and a half years, lol not sure if that will be long enough for things to come to right. Would like to just swap his to a cash fund like mine.