Best Performing KiwiSaver Funds 2025

Top 50 KiwiSaver funds ranked by 5-year returns across all categories. Based on real FMA data, updated October 2025.

Funds Shown

Top performers

Top Performer

18.58%

Smartshares

Average Return (Top 50)

11.55%

5-year average

Average Risk (Top 50)

5.0/7

Risk indicator

Understanding Performance Rankings

⚠️ Important: Past Performance Doesn't Guarantee Future Results

While these funds have performed well historically, investment returns fluctuate and past performance is not a reliable indicator of future returns. Market conditions change, and a fund that performed well in the past may not continue to do so.

✅ What to Consider:

• Risk level: Higher returns often mean higher risk
• Fees: Returns shown are after fees - but still check fee levels
• Fund type: Match to your age and time horizon
• Consistency: Look for steady returns, not just high peaks

📊 Performance Context:

• Most top performers are Growth or Aggressive funds
• Higher risk = more volatility during market downturns
• Compare funds within the same category
• Consider your personal risk tolerance

Top 50 Funds Ranked by 5-Year Returns

Rank	Fund Name	Provider	5-Year Return	Fees	Fund Type	Risk
#1	Australian Financials Fund	Smartshares	18.58%	0.69%	Aggressive	6/7
#2	Us Large Growth Fund	Smartshares	17.61%	0.67%	Aggressive	6/7
#3	US 500 Fund	Smartshares	16.78%	0.64%	Aggressive	5/7
#4	Australian Mid Cap Fund	Smartshares	16.60%	0.69%	Aggressive	6/7
#5	US Large Value Fund	Smartshares	14.93%	0.67%	Aggressive	5/7
#6	Overseas Shares Fund	Smartshares	14.55%	0.68%	Aggressive	5/7
#7	Us Equities Fund	Koura	14.51%	0.73%	Aggressive	6/7
#8	US Mid Cap Fund	Smartshares	14.13%	0.67%	Aggressive	5/7
#9	Total World Fund	Smartshares	13.96%	0.68%	Aggressive	5/7
#10	US Small Cap Fund	Smartshares	13.93%	0.67%	Aggressive	6/7
#11	Australian Shares Fund	Smartshares	13.93%	0.69%	Aggressive	5/7
#12	Quaystreet International Equity Fund	Smartshares	13.91%	1.27%	Aggressive	5/7
#13	Overseas Shares (Currency Hedged) Fund	Smartshares	13.89%	0.68%	Aggressive	5/7
#14	Sustainable International Share	ANZ	13.87%	0.90%	Aggressive	5/7
#15	Goalsgetter Amova Global Shares Fund	Nikko	13.41%	1.43%	Aggressive	5/7
#16	Australian Resources Fund	Smartshares	12.84%	0.69%	Aggressive	6/7
#17	Australian Top 20 Fund	Smartshares	12.83%	0.69%	Aggressive	5/7
#18	AMP International Shares Fund No. 2	AMP	12.76%	0.86%	Aggressive	5/7
#19	Europe Fund	Smartshares	12.58%	0.69%	Aggressive	5/7
#20	AMP International Shares Fund	AMP	12.52%	0.85%	Aggressive	5/7
#21	Australian Dividend Fund	Smartshares	11.86%	0.69%	Aggressive	5/7
#22	Automatic Fund (Age 20)	SuperEasy	11.22%	0.51%	Aggressive	5/7
#23	Superlife High Growth Fund	Smartshares	11.13%	0.73%	Aggressive	5/7
#24	Superlife Age Steps - Age 20	Smartshares	10.71%	0.73%	Aggressive	5/7
#25	Aggressive Fund	SuperEasy	10.62%	0.51%	Growth	4/7
#26	Milford Kiwisaver Active Growth Fund	Milford	10.12%	1.05%	Growth	4/7
#27	Milford Kiwisaver Aggressive Fund	Milford	10.07%	1.15%	Aggressive	5/7
#28	Growth Strategy	NZ Funds	10.06%	1.95%	Aggressive	6/7
#29	Summer Australian Equities	Forsyth Barr	9.97%	1.02%	Aggressive	5/7
#30	Quaystreet Australian Equity Fund	Smartshares	9.89%	1.37%	Growth	5/7
#31	Stepping Stones Growth 0-50	Generate	9.81%	1.41%	Aggressive	5/7
#32	International Share Fund	ANZ	9.77%	0.96%	Aggressive	5/7
#33	Stepping Stones 0-35	Generate	9.65%	1.41%	Aggressive	5/7
#34	Quaystreet Growth Fund	Smartshares	9.53%	1.37%	Growth	4/7
#35	Focused Growth Fund	Generate	9.47%	1.41%	Aggressive	5/7
#36	SBS Wealth High Growth Fund	SBS	9.39%	1.17%	Aggressive	5/7
#37	Geared Growth Fund	Booster	9.37%	1.50%	Aggressive	5/7
#38	Asset Class Growth Fund	Booster	9.28%	1.37%	Aggressive	5/7
#39	Lifestages Auto Option Age 0 - 49	SBS	9.20%	1.17%	Aggressive	5/7
#40	Pathfinder Kiwisaver Growth Fund	Pathfinder	9.19%	1.37%	Growth	4/7
#41	Life Cycle - Age 0-54	NZ Funds	9.07%	1.87%	Aggressive	6/7
#42	Rest Of World Equities Fund	Koura	9.06%	0.73%	Aggressive	5/7
#43	Superlife Age Steps - Age 40	Smartshares	9.04%	0.72%	Growth	4/7
#44	Superlife Age Steps - Age 30	Smartshares	9.04%	0.72%	Growth	4/7
#45	Superlife Growth Fund	Smartshares	9.04%	0.71%	Growth	4/7
#46	Shares Fund	Mercer	8.86%	0.96%	Aggressive	5/7
#47	Socially Responsible High Growth Fund	Booster	8.85%	1.35%	Aggressive	5/7
#48	Global Equities Fund	MAS	8.85%	0.99%	Aggressive	5/7
#49	Growth Fund	Anglican	8.78%	1.50%	Growth	4/7
#50	Sustainable Shares Fund	Mercer	8.69%	0.95%	Aggressive	5/7

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Data source: FMA KiwiSaver Quarterly Reports, provider Product Disclosure Statements. Last updated: October 2025.

Disclaimer: Past performance does not guarantee future results. This is not financial advice. Consult a licensed financial adviser before making investment decisions.