The above graph shows a $1,000 investment in an average growth portfolio from 2002 onwards, over the last eighteen years, has compounded to NZ $3,595.
Over this period that’s an average return – after fees, brokerage, and tax – of 7.37% per annum compared to the relevant benchmark return of 4.71% per annum.
*Further details on calculations shown are available on request from Kiwi Wealth.
The next graph gives the year-by-year performance of the growth mandated portfolios in contrast with the benchmark’s performance. Our outperformance has resulted as much from minimising damage in the ‘down’ years as it is has from outperforming in the ‘up’ years. That was especially evident during the 2007-2009 global financial crisis.
As the graph above illustrates, over the past eighteen years our growth portfolios have outperformed the benchmark for fourteen of them.
See our annual investment performance for more information on individual asset classes and for balanced portfolio and income portfolio returns.
See the graph notes above that also apply to the calendar year returns.