KiwiSaver 'as good as it gets'

It has released its latest KiwiSaver quarterly survey, which showed all KiwiSaver funds reported positive returns in the June quarter.

Average multisector category returns ranged from 4.2% for the aggressive category to 2.1% for the conservative category.

The top performers in their peer groups were Milford Conservative, Milford Balanced, Aon Milford and Generate Focused Growth.

Tim Murphy, director of manager research at Morningstar, said it had been a strong quarter for both bonds and equities, so no matter what type of KiwiSaver fund people were in, they would have done well.