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  2. How do I download the Generate app?
  3. Frequently Asked Questions
  4. What’s the difference between Managed Funds and KiwiSaver?

Frequently Asked Questions

What’s the difference between Managed Funds and KiwiSaver?

Managed Funds are very similar to KiwiSaver funds, but the big difference is accessibility. Your KiwiSaver savings are typically locked away until retirement, or when you are buying a first home. Managed Funds have no such restrictions, so you can access your money at any time.

Managed Funds are not eligible for KiwiSaver benefits such as the annual Government contribution, employee contribution or First Home Grant.