Milford vs Generate
Head-to-head comparison of fees, returns, and fund options
Quick Comparison
| Metric | Milford | Generate | Winner |
|---|---|---|---|
| Average 5Y Return | 6.40% | 3.84% | Milford |
| Average Fees | 0.88% | 1.30% | Milford |
| Number of Funds | 6 | 21 | Generate |
| Total Members | 178,395 | 207,689 | Generate |
| Total AUM | $12150M | $7794M | Milford |
Top Performing Funds
Milford Top Fund
Milford Kiwisaver Active Growth Fund
5Y Return:10.12%
Fees:1.05%
Generate Top Fund
Stepping Stones Growth 0-50
5Y Return:9.81%
Fees:1.41%
Frequently Asked Questions
Which is better, Milford or Generate?
Milford has higher average returns (6.40% vs 3.84%), while Milford has lower fees (0.88% vs 1.30%). The best choice depends on your investment goals, time horizon, and risk tolerance.
Can I switch between Milford and Generate?
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.