Talk Money: June 2, 2016
Where is your KiwiSaver money invested?
The latest numbers are out and the Reserve Bank says there is now $33.8 billion invested in KiwiSaver.
That compares to $21.4 billion two years ago.
The rapid rise in value is a combination of two factors: investment returns and contributions.
The Reserve Bank says $18.7 billion is invested in New Zealand and $15.1 billion offshore.
The New Zealand investments are a mix of fixed income (cash and bonds), shares and commercial property.