Why bespoke solutions like KiwiWRAP are reshaping the way serious investors think about retirement savings

Understand bull and bear market cycles, how long they last, and why staying invested matters for long-term investors. Data as at 28 December 2025.

Below is a snapshot of year-to-date asset class returns for 2025 (to mid-December), which provides a useful lens on what has driven performance so far this year.

The best days in the market often occur very close to the worst days. Investors who try to time their exits are far more likely to miss those sharp recoveries.