Returns to the 31st of March 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
1.29%
-3.73%
6.54%
8.37%
Growth
Fund
1.19%
-2.82%
6.54%
7.89%
Moderate
Fund^
1.25%
-0.42%
4.30%
4.93%
Balanced Fund
1.11%
Conservative Fund
1.22%
Defensive Fund
1.15%
Generate Managed Funds:
1 Month
1 Year
5 Year (p.a.)
10 Year (p.a.)
Since inception** (p.a)
Focused Growth Managed Fund^
1.30%
-3.66%
3.63%
Balanced Managed Fund
1.10%
ConservativeManaged Fund
1.24%
*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 March 2023
International Equities
Microsoft
Apple
Visa
United Health
Meta Platforms Inc
External Managers
T Rowe Price Global Equity Fund
Worldwide Healthcare Trust
Berkshire Hathaway
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
Contact Energy Bonds
Investore Bonds
Westpac Term Bonds