Download the kiwisaver fund information discolsure data of December 2019 from the following website:

https://fma.govt.nz/news-and-resources/reports-and-papers/compare-kiwisaver-data/.

Evaluate the performance of the NZ kiwisaver funds of 2019 by analysing the data. Address the following questions:

(1) How many funds disclosed their information of December 2019? (10 marks)

(2) Generate one column to calculate the difference between the funds last year return (%) net charges and tax and the market index return. (20 marks).

(3) How any funds successfully beat the market and how many funds fail to beat the market after tax and fee are considered in 2019? (10 marks)

(4) Overall, did the kiwisaver fund beat the market in 2019? (40 marks)

(5) List the top five best-performed fund and the top five worst-performed fund using information from (2). (10 marks)

(6) Other open comments. (10 marks)