The table below outlines the relative performance for each of the GMK KiwiSaver Schemes.
These funds are not included in the main performance tables as the returns are compiled on an after tax and after fees and costs basis. Currently most fund managers report KiwiSaver returns on an after fees but before tax basis which allows investors to make a direct comparison, which allows investors to make a direct comparison.
GMK is compliant with the Global Investment Performance Standards (GIPS) and its performance has been independently verified.
GIPS is a set of global standards for measuring and presenting past performance. The GIPS standards were designed to ensure firms use reliable performance measurements based on the principles of fair representation and full disclosure. GIPS is widely accepted internationally as a best practice standard for reporting investment returns..
Gareth Morgan's KiwiSaver Scheme is compliant with GIPS and their processes and performance reporting procedures have been scrutinised and verified by an independent GIPS consultant.
| Performance as at 31 October 2013 | |||
| Scheme Name | 3 year | 2 year | 1 year |
| Gareth Morgan Conservative | 4.8% | 5.8% | 6.3% |
| Gareth Morgan Balanced | 7.0% | 11.1% | 15.8% |
| Gareth Morgan Growth | 8.6% | 16.4% | 25.9% |
In addition, GMK has asked us to include the following additional information:
The above is not a GIPS compliant performance presentation or advertisement.
Detailed GIPS compliant presentations for each of the Gareth Morgan KiwiSaver Scheme portfolios for the year ended 31 December are available below.
• Conservative portfolio performance
• Balanced portfolio performance
• Growth portfolio performance
Below is a GIPS compliant composition description of the above portfolios:
• Composite descriptions
To return to the main KiwiSaver performance comparison page, click here
