Talk Money: June 2, 2016

Tony Field (Paul Henry)
Tony Field (Paul Henry)

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.