The above graph shows a $1,000 investment in an average growth portfolio from 2002 onwards, over the last seventeen years, has compounded to NZ $2,797.
Over this particular period that’s an average return – after fees, brokerage and tax – of 6.6% per annum compared to the relevant benchmark return of 3.7% 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 portfolios in contrast with the benchmark’s performance. Our out-performance has resulted as much from minimising damage in the ‘down’ years as it is has from out-performing in the ‘up’ years. That was especially evident during the 2007-2009 global financial crisis.
As the graph above illustrates, over the past sixteen years our growth portfolios have out-performed the benchmark for thirteen 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.