Mark Riggall: Milford Asset Management portfolio manager on returns on low-risk managed funds underperforming in recent years - Heather du Plessis-Allan Drive

Returns on low-risk managed funds, including Kiwisaver's Conservative and Moderate funds have been underperforming in recent years.

Kiwisaver's Conservative fund has delivered users 0.8 per annum over the last 5 years, as the financial climate gets more turbulent.

Milford Asset Management's Mark Riggall explains the dip in returns for investors.

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