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KiwiSaver keeps managed funds afloat

Monday 1st of November 2010

The net funds flow was positive at $486 million, compared with a positive $101 million in the previous quarter. Over the 12-month period to September, net fund flows totalled a $1.1 billion, a four percent lower than the same period last year.

KiwiSaver have continued to be the key driver of funds flow over the past year. KiwiSaver funds experienced positive net flows of $1.1 billion in...

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