Simple still best amid growing investment literacy

Reflecting on the evolution of KiwiSaver and recent innovation in the sector, Murray Harris tells Good Returns that it is only natural for savers to become more interested in their invested savings and how they’re managed as their balance grows larger.

“We've seen some very specialist emerging market funds, and I think for a small percentage of the KiwiSaver membership, they'll be interested in that and obviously cryptocurrency and Bitcoin has been an area people have got an interest in too.

“And we're seeing innovation in the product side, which is good to see.

“But for your average KiwiSaver member a good, well-diversified fund with a bit of equity to bonds and equities for the main is enough.”