Milford vs Kernel
Head-to-head comparison of fees, returns, and fund options
Quick Comparison
| Metric | Milford | Kernel | Winner |
|---|---|---|---|
| Average 5Y Return | 6.40% | 0.00% | Milford |
| Average Fees | 0.88% | 0.28% | Kernel |
| Number of Funds | 6 | 15 | Kernel |
| Total Members | 178,395 | 10,292 | Milford |
| Total AUM | $12150M | $364M | Milford |
Top Performing Funds
Frequently Asked Questions
Which is better, Milford or Kernel?
Milford has higher average returns (6.40% vs 0.00%), while Kernel has lower fees (0.28% vs 0.88%). The best choice depends on your investment goals, time horizon, and risk tolerance.
Can I switch between Milford 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.