Westpac vs Booster

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

Quick Comparison

MetricWestpacBoosterWinner
Average 5Y Return2.90%4.52%
Booster
Average Fees0.45%1.24%
Westpac
Number of Funds817
Booster
Total Members537,941231,807
Westpac
Total AUM$12134M$5809M
Westpac
Westpac

Westpac

Average Return
2.90%
Average Fees
0.45%
Fund Options
8
Total Members
537,941
Booster

Booster

Average Return
4.52%
Average Fees
1.24%
Fund Options
17
Total Members
231,807

Frequently Asked Questions

Which is better, Westpac or Booster?

Booster has higher average returns (4.52% vs 2.90%), while Westpac has lower fees (0.45% vs 1.24%). The best choice depends on your investment goals, time horizon, and risk tolerance.

Can I switch between Westpac and Booster?

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.