Annual report, fund updates and financial statements
2019 investment returns rebounded strongly following modest or negative returns for the 2018 scheme year. A significant fall in share prices in November and December 2018 dragged returns for the calendar year as a whole into negative territory. However, an equally significant upswing in the first two months of 2019 recouped these losses, and continued strong markets in the latter half of 2019 set Growth on a path towards achieving its highest annual return since the fund was established in 2004.
The investment landscape has, however, changed markedly since balance date. A correction in share prices in February has been followed by considerable volatility and the sharpest fall in share prices since 1987. Events are moving quickly which means any comment about the current state of play is quickly outdated. For this reason, you might be interested to follow the daily market updates provided by our investment manager, Russell Investments.
This section of the website brings together a range of material relating to the performance of UniSaver for the year ended 31 December 2019. The annual report and fund updates follow the format prescribed by regulations associated with the Financial Markets Conduct Act 2013. We’ve created these documents as web pages to make them easier to read online. The annual report and full financial statements are also available as pdfs at www.disclose-register.companiesoffice.govt.nz. Enter the scheme name 'UniSaver', then click on the 'Documents' tab.