Generate vs Kernel
Head-to-head comparison of fees, returns, and fund options
Quick Comparison
| Metric | Generate | Kernel | Winner |
|---|---|---|---|
| Average 5Y Return | 3.84% | 0.00% | Generate |
| Average Fees | 1.30% | 0.28% | Kernel |
| Number of Funds | 21 | 15 | Generate |
| Total Members | 207,689 | 10,292 | Generate |
| Total AUM | $7794M | $364M | Generate |
Top Performing Funds
Generate Top Fund
Stepping Stones Growth 0-50
5Y Return:9.81%
Fees:1.41%
Frequently Asked Questions
Which is better, Generate or Kernel?
Generate has higher average returns (3.84% vs 0.00%), while Kernel has lower fees (0.28% vs 1.30%). The best choice depends on your investment goals, time horizon, and risk tolerance.
Can I switch between Generate and Kernel?
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.