Join Generate KiwiSaver

Join or switch online now in five minutes

Join Generate Managed Funds

Get started investing within ten minutes

Member login

Adviser login

  1. Home
  2. KiwiSaver

Generate KiwiSaver Scheme

Make a smart decision with your KiwiSaver investment and save for the retirement lifestyle you deserve.

You've got choices

Explore our funds

Choosing the KiwiSaver fund that’s right for your savings goals is an important decision. Each of our six funds has a different investment strategy and risk profile, which will produce different returns. Our Stepping Stones options take the hassle out of choosing the right Generate KiwiSaver fund, as these options select a fund based on your age, and automatically adjust as you get older.

Which fund is right for you?

Our KiwiSaver calculator can help you select the best fund for your situation, whether you’re saving for your first home or retirement.

Defensive

A stable return over the very short term. It invests in an actively managed portfolio made up entirely of income assets, for those who need certainty of the amount able to be withdrawn.

The target investments for this fund are

100%

Income assets

0%

Growth assets

Fund performance¹

—

10 year return

Risk indicator²

1

2

3

4

5

6

7

Low

Risk / return

High

Conservative

A modest return over the short term. It invests in an actively managed portfolio made up largely of income assets with a small allocation of growth assets.

The target investments for this fund are

80%

Income assets

20%

Growth assets

Fund performance¹

—

10 year return

Risk indicator²

1

2

3

4

5

6

7

Low

Risk / return

High

Moderate

A modest to medium return over the short to medium term. It invests in an actively managed portfolio made up of slightly more income assets than growth assets.

The target investments for this fund are

60%

Income assets

40%

Growth assets

Fund performance¹

5.65%

10 year return

Risk indicator²

1

2

3

4

5

6

7

Low

Risk / return

High

Balanced

A medium return over the medium term. It invests in an actively managed portfolio made up of slightly more growth assets than income assets.

The target investments for this fund are

40%

Income assets

60%

Growth assets

Fund performance¹

—

10 year return

Risk indicator²

1

2

3

4

5

6

7

Low

Risk / return

High

Growth

A high return over the medium to long term. It invests in an actively managed portfolio made up largely of growth assets with a small allocation of income assets.

The target investments for this fund are

20%

Income assets

80%

Growth assets

Fund performance¹

9.14%

10 year return

Risk indicator²

1

2

3

4

5

6

7

Low

Risk / return

High

Focused Growth

A higher return over the long term. It invests in an actively managed portfolio made up predominately of growth assets with a minor allocation of income assets.

The target investments for this fund are

5%

Income assets

95%

Growth assets

Fund performance¹

9.99%

10 year return

Risk indicator²

1

2

3

4

5

6

7

Low

Risk / return

High

Defensive

The Defensive Fund aims to provide a stable return over the very short term. It invests in an actively managed portfolio made up entirely of income assets. This fund is useful if you plan to withdraw your KiwiSaver funds within the next 12 months and need certainty of the amount you intend to withdraw, like for a deposit on a first home. Volatility is likely to be the lowest of the funds, however a negative return is still possible.

This fund is invested in

100%

Income assets

These investments generate income in the form of interest payments e.g., cash, term deposits and bonds.

0%

Growth assets

These investments generate a return from both capital growth and dividends e.g. shares, property and infrastructure.

Fund performance¹

—

10 year return

Target investment mix²

This shows the ‘target’ amount of funds we plan to invest in different kinds of income or growth assets.

Cash 25%

Fixed income 75%

Risk indicator³

The risk category is calculated based on the volatility of past returns over five years.

1

2

3

4

5

6

7

Low

Risk / return

High

Timeframe and fund charges

Minimum investment timeframe

N/A

Estimated annual fund charge⁴

0.79%

+ $36 admin fee

Disclaimers:

Conservative

The Conservative Fund aims to provide a modest return over the short term. It invests in an actively managed portfolio made up largely of income assets with a small allocation of growth assets. Volatility is likely to be low to medium. Returns will vary and may be low or negative at times.


This fund is invested in

80%

Income assets

These investments generate income in the form of interest payments e.g., cash, term deposits and bonds.

20%

Growth assets

These investments generate a return from both capital growth and dividends e.g. shares, property and infrastructure.

Fund performance¹

—

10 year return

Target investment mix²

This shows the ‘target’ amount of funds we plan to invest in different kinds of income or growth assets.

Cash 5%

Fixed income 75%

Property & Infrastructure⁵ 6.75%

Australasian equities 6.75%

International equities 6.5%

Risk indicator³

The risk category is calculated based on the volatility of past returns over five years.

1

2

3

4

5

6

7

Low

Risk / return

High

Timeframe and fund charges

Minimum investment timeframe

2 years

Recommended

Estimated annual fund charge⁴

1.09%

+ $36 admin fee

Disclaimers:

Moderate

The Moderate Fund aims to provide a modest to medium return over the short to medium term. It invests in an actively managed portfolio made up of slightly more income assets than growth assets. Volatility is likely to be medium to high. Returns will vary and may be low or negative at times. 

This fund is invested in

60%

Income assets

These investments generate income in the form of interest payments e.g., cash, term deposits and bonds.

40%

Growth assets

These investments generate a return from both capital growth and dividends e.g. shares, property and infrastructure.

Fund performance¹

5.65%

10 year return

Target investment mix²

This shows the ‘target’ amount of funds we plan to invest in different kinds of income or growth assets.

Cash 5%

Fixed income 55%

Property & Infrastructure⁵ 12%

Australasian equities 12%

International equities 16%

Risk indicator³

The risk category is calculated based on the volatility of past returns over five years.

1

2

3

4

5

6

7

Low

Risk / return

High

Timeframe and fund charges

Minimum investment timeframe

3 years

Recommended

Estimated annual fund charge⁴

1.14%

+ $36 admin fee

Disclaimers:

Balanced

The Balanced Fund aims to provide a medium return over the medium term. It invests in an actively managed portfolio made up of slightly more growth assets than income assets. Volatility is likely to be medium to high. Returns will vary and may be low or negative at times.


This fund is invested in

40%

Income assets

These investments generate income in the form of interest payments e.g., cash, term deposits and bonds.

60%

Growth assets

These investments generate a return from both capital growth and dividends e.g. shares, property and infrastructure.

Fund performance¹

—

10 year return

Target investment mix²

This shows the ‘target’ amount of funds we plan to invest in different kinds of income or growth assets.

Cash 5%

Fixed income 35%

Property & Infrastructure⁵ 15%

Australasian equities 15%

International equities 30%

Risk indicator³

The risk category is calculated based on the volatility of past returns over five years.

1

2

3

4

5

6

7

Low

Risk / return

High

Timeframe and fund charges

Minimum investment timeframe

5 years

Recommended

Estimated annual fund charge⁴

1.25%

+ $36 admin fee

Disclaimers:

Growth

The Growth Fund aims to provide a high return over the medium to long term. It invests in an actively managed portfolio made up largely of growth assets with a small allocation of income assets. Volatility is likely to be high. Returns will vary and may be low or negative at times. 


This fund is invested in

20%

Income assets

These investments generate income in the form of interest payments e.g., cash, term deposits and bonds.

80%

Growth assets

These investments generate a return from both capital growth and dividends e.g. shares, property and infrastructure.

Fund performance¹

9.14%

10 year return

Target investment mix²

This shows the ‘target’ amount of funds we plan to invest in different kinds of income or growth assets.

Cash 5%

Fixed income 15%

Property & Infrastructure⁵ 16.25%

Australasian equities 16.25%

International equities 47.5%

Risk indicator³

The risk category is calculated based on the volatility of past returns over five years.

1

2

3

4

5

6

7

Low

Risk / return

High

Timeframe and fund charges

Minimum investment timeframe

7 years

Recommended

Estimated annual fund charge⁴

1.28%

+ $36 admin fee

Disclaimers:

Focused Growth

The Generate KiwiSaver Focused Growth Fund (Focused Growth Fund) aims to provide a higher return over the long term. It invests in an actively managed portfolio made up predominately of growth assets with a minor
allocation of income assets. Volatility is likely to be the highest of the funds.

This fund is invested in

5%

Income assets

These investments generate income in the form of interest payments e.g., cash, term deposits and bonds.

95%

Growth assets

These investments generate a return from both capital growth and dividends e.g. shares, property and infrastructure.

Fund performance¹

9.99%

10 year return

Target investment mix²

This shows the ‘target’ amount of funds we plan to invest in different kinds of income or growth assets.

Cash 5%

Property & Infrastructure⁵ 15%

Australasian equities 15%

International equities 65%

Risk indicator³

The risk category is calculated based on the volatility of past returns over five years.

1

2

3

4

5

6

7

Low

Risk / return

High

Timeframe and fund charges

Minimum investment timeframe

8 years

Recommended

Estimated annual fund charge⁴

1.31%

+ $36 admin fee

Disclaimers:

Now's a good time to start investing with Generate

Join online, or contact us to talk to a Generate adviser.

Why our KiwiSaver Scheme

Consistent long-term performance*

Exceptional and awarded service

We're responsible investors^

We're Kiwi owned and operated

Disclaimers