Generate Fund Performance - January 2023

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Published

Returns to the 31st of January 2023 

(after fees* and before tax) 


Generate KiwiSaver Funds:

1 Month 

1 Year 

5 Year (p.a.) 

10 Year (p.a.)

Since inception** 

(p.a.) 

Focused
Growth Fund 

4.55%

-5.67%

5.25%


8.39%

Growth
Fund 

3.86%

-3.46%

5.62%


7.95%

Moderate
Fund^ 

2.72%

-1.50%

4.17%


4.99%

Balanced Fund

3.14%





Conservative Fund

2.12%





Defensive Fund

1.57%







Generate Managed Funds:


 1 Month

1 Year

5 Year (p.a.) 

10 Year (p.a.)

Since inception** (p.a) 

Focused Growth Managed Fund^

4.54%

-5.66%

 


3.46%

Balanced Managed Fund

3.15%


 



ConservativeManaged Fund

2.13%

 

 




*Except the $3 per member per month administration expense that is charged to KiwiSaver members.  

** The Generate KiwiSaver Scheme Focused Growth, Growth and Moderate funds opened on 16 April 2013. The Generate KiwiSaver Scheme Balanced, Conservative and Defensive Funds launched on 16 May 2022.
The Generate Focused Growth Managed Fund opened on 1 November 2019. The Balanced and Conservative Managed Funds opened on 16 May 2022. 
^Following the launch of our new funds on 16 May 2022, the Conservative Fund was renamed as the Moderate Fund and the Focused Growth Trust was renamed as the Focused Growth Managed Fund. 

Past performance is not necessarily an indicator of future performance. Generate’s fund updates can be found here.


Top Holdings as of the 31st of January 2023

International Equities 

Microsoft

Berkshire Hathaway 

Amazon

Meta Platforms

Pultegroup

External Managers 

T Rowe Price Global Equity Fund

Nuveen ESG Large Cap Value ETF

Worldwide Healthcare Trust

European Opportunities Trust

iShares MSCI World Quality Dividend ESG ETF

Property & Infrastructure

Infratil 

Spark

Contact Energy 

Fisher & Paykel Healthcare

Mercury NZ

Fixed Income

Kāinga Ora Bonds 

Local Government Funding Agency Bonds 

Westpac Term Deposits

CBA Bonds

Investore Property Bonds



Generate total Funds Under Management (FUM) as at 31st of January 2023: $3.654 Billion



Disclaimers