Milford vs Westpac
Head-to-head comparison of fees, returns, and fund options
Quick Comparison
| Metric | Milford | Westpac | Winner |
|---|---|---|---|
| Average 5Y Return | 6.40% | 2.90% | Milford |
| Average Fees | 0.88% | 0.45% | Westpac |
| Number of Funds | 6 | 8 | Westpac |
| Total Members | 178,395 | 537,941 | Westpac |
| Total AUM | $12150M | $12134M | Milford |
Top Performing Funds
Milford Top Fund
Milford Kiwisaver Active Growth Fund
5Y Return:10.12%
Fees:1.05%
Westpac Top Fund
Growth Fund
5Y Return:6.56%
Fees:0.55%
Frequently Asked Questions
Which is better, Milford or Westpac?
Milford has higher average returns (6.40% vs 2.90%), while Westpac has lower fees (0.45% vs 0.88%). The best choice depends on your investment goals, time horizon, and risk tolerance.
Can I switch between Milford and Westpac?
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.