Generate vs Asb

Head-to-head comparison of fees, returns, and fund options

Quick Comparison

MetricGenerateAsbWinner
Average 5Y Return3.84%3.56%
Generate
Average Fees1.30%0.58%
Asb
Number of Funds216
Generate
Total Members207,689526,639
Asb
Total AUM$7794M$18836M
Asb
Generate

Generate

Average Return
3.84%
Average Fees
1.30%
Fund Options
21
Total Members
207,689
Asb

Asb

Average Return
3.56%
Average Fees
0.58%
Fund Options
6
Total Members
526,639

Frequently Asked Questions

Which is better, Generate or Asb?

Generate has higher average returns (3.84% vs 3.56%), while Asb has lower fees (0.58% vs 1.30%). The best choice depends on your investment goals, time horizon, and risk tolerance.

Can I switch between Generate and Asb?

Yes! Switching KiwiSaver providers is free and easy. Simply apply with your chosen provider online, and they'll handle the transfer. The process takes 2-3 weeks, and there are no fees or penalties.

How were these comparisons calculated?

All data is sourced from the Financial Markets Authority (FMA) and provider disclosure statements. Returns are 5-year averages, fees are annual management fees as percentages of assets under management. Data is updated quarterly.