Silver start for KiwiSaver scheme

"ANZ Investments’ KiwiSaver schemes continue to set the standard for multi-sector investing in New Zealand…we believe they are among the best KiwiSaver options in New Zealand," Morningstar says.

ANZ Wealth managing director, John Body said: “This is a fantastic achievement and recognises the experience and disciplined processes of our investment management business. Whether investors chose a conservative, balanced or a growth fund, ANZ Investments funds have a silver rating, ranking them among the best in the country.”

Until this year, bronze was the highest rating achieved by multi-asset class funds in a KiwiSaver scheme.

Morningstar said it consider the firm's knowledge and stable team and the time-tested and repeatable investment process to be truly competitive advantages. "We believe these will continue to add value and provide the foundations for healthy future performance.”