A fee-free philanthropic fund has nearly raised its $500,000 target in its first year but poor market performance means its subsequent donations have been limited.
Last October, fund manager and KiwiSaver provider Nikko launched a new philanthropic fund, from which it hoped to donate $50,000 a year
Want to read more? It's easy.
Choose your best value subscription option
Student
Exclusive offer for uni students studying at a New Zealand university (valued at $499).