What does 10%+ historical return mean?

28 KiwiSaver funds have reported 10%+ average annual returns over the past 5 years according to FMA data. These are typically aggressive or growth funds with high exposure to shares. Past performance is not a reliable indicator of future returns.

Are historical returns indicative of future performance?

Past performance is not a reliable indicator of future returns. Historical returns reflect specific market conditions during that period. Returns vary significantly between time periods and can be negative. Consider seeking advice from a licensed Financial Advice Provider.

What factors should I consider beyond historical returns?

Consider: 1) Fees - which compound over time, 2) Risk level and volatility, 3) Fund type appropriate for your circumstances, 4) Your individual financial situation and goals. If unsure, consult a licensed Financial Advice Provider.

What is the risk profile of funds with high historical returns?

Funds with higher historical returns typically have higher risk indicators and volatility. They are often 80-100% invested in growth assets (shares), making them sensitive to market movements. Higher potential returns are generally associated with higher potential losses.

General Information Only

This page displays publicly available historical performance data. Past performance is not a reliable indicator of future returns. This is not financial advice.

KiwiSaver Funds with 10%+ Historical Returns

28 KiwiSaver funds have reported 10% or higher average annual returns over the past 5 years according to FMA data.

Funds in Range

10%+ returns

Average Return

13.35%

5-year average

Average Fees

0.82%

Annual fees

Highest in Range

18.58%

Smartshares

About Historical Returns Data

Data source: Returns are calculated from publicly reported FMA data.

Risk indicator: Funds with higher historical returns typically have higher risk indicators (5-7).

Important: Past performance is not a reliable indicator of future returns. If you need advice on fund suitability, consult a licensed Financial Advice Provider.

Breakdown by Fund Type

Aggressive26

Growth2

Funds with 10%+ Historical Returns

Sorted by 5-year average return (highest to lowest). You may use this data for your own comparison.

#	Fund Name	Provider	Type	5-Year Return	Fees	Risk
1	Australian Financials Fund	Smartshares	Aggressive	18.58%	0.69%	6/7
2	Us Large Growth Fund	Smartshares	Aggressive	17.61%	0.67%	6/7
3	US 500 Fund	Smartshares	Aggressive	16.78%	0.64%	5/7
4	Australian Mid Cap Fund	Smartshares	Aggressive	16.60%	0.69%	6/7
5	US Large Value Fund	Smartshares	Aggressive	14.93%	0.67%	5/7
6	Overseas Shares Fund	Smartshares	Aggressive	14.55%	0.68%	5/7
7	Us Equities Fund	Koura	Aggressive	14.51%	0.73%	6/7
8	US Mid Cap Fund	Smartshares	Aggressive	14.13%	0.67%	5/7
9	Total World Fund	Smartshares	Aggressive	13.96%	0.68%	5/7
10	US Small Cap Fund	Smartshares	Aggressive	13.93%	0.67%	6/7
11	Australian Shares Fund	Smartshares	Aggressive	13.93%	0.69%	5/7
12	Quaystreet International Equity Fund	Smartshares	Aggressive	13.91%	1.27%	5/7
13	Overseas Shares (Currency Hedged) Fund	Smartshares	Aggressive	13.89%	0.68%	5/7
14	Sustainable International Share	ANZ	Aggressive	13.87%	0.90%	5/7
15	Goalsgetter Amova Global Shares Fund	Nikko	Aggressive	13.41%	1.43%	5/7
16	Australian Resources Fund	Smartshares	Aggressive	12.84%	0.69%	6/7
17	Australian Top 20 Fund	Smartshares	Aggressive	12.83%	0.69%	5/7
18	AMP International Shares Fund No. 2	AMP	Aggressive	12.76%	0.86%	5/7
19	Europe Fund	Smartshares	Aggressive	12.58%	0.69%	5/7
20	AMP International Shares Fund	AMP	Aggressive	12.52%	0.85%	5/7
21	Australian Dividend Fund	Smartshares	Aggressive	11.86%	0.69%	5/7
22	Automatic Fund (Age 20)	SuperEasy	Aggressive	11.22%	0.51%	5/7
23	Superlife High Growth Fund	Smartshares	Aggressive	11.13%	0.73%	5/7
24	Superlife Age Steps - Age 20	Smartshares	Aggressive	10.71%	0.73%	5/7
25	Aggressive Fund	SuperEasy	Growth	10.62%	0.51%	4/7
26	Milford Kiwisaver Active Growth Fund	Milford	Growth	10.12%	1.05%	4/7
27	Milford Kiwisaver Aggressive Fund	Milford	Aggressive	10.07%	1.15%	5/7
28	Growth Strategy	NZ Funds	Aggressive	10.06%	1.95%	6/7

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Funds with 8-10% historical returns

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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. Returns shown are historical averages and do not predict future performance. High returns come with high volatility and risk. This is not financial advice. Consult a licensed financial adviser before making investment decisions.

KiwiSaver Funds with 10%+ Historical Returns

About Historical Returns Data

Breakdown by Fund Type

Funds with 10%+ Historical Returns

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8-10% Returns

5-8% Returns

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