PHOTO: 123R The only people who should be concerned about a drop in their KiwiSaver balance are those who need the money soon.
If you’ve checked your KiwiSaver balance lately, you might have had a nasty surprise.
Volatility on share markets around the world has hit KiwiSaver investments.
Research from MoneyHub shows that, in the past six months, only four of 27 KiwiSaver growth funds had a positive return.
Growth funds have a higher allocation to riskier assets, such as shares, than balanced or conservative options. This means they do better in the long term but can jump around from month to month.
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