General Information Only
This page provides general information about KiwiSaver providers in New Zealand. It does not constitute financial advice, a recommendation, or a suitability assessment. Past performance is not a reliable indicator of future returns.
KiwiSaver Providers in New Zealand
View information about KiwiSaver providers operating in New Zealand, including historical performance data, fee structures, and fund options. This information is provided for general comparison purposes only.
About This Data
The information on this page is compiled from publicly available sources including fund Product Disclosure Statements (PDS) and quarterly fund updates. Data is presented without weighting or scoring.
- • Historical returns are as reported by providers
- • Fees shown are total annual charges
- • Fund sizes and member numbers are approximate
- • Providers are listed alphabetically
Provider Information (Alphabetical)
ANZ Investments
Largest provider by members
ASB
Bank-affiliated provider
Booster
Digital-focused platform
Fisher Funds
Established fund manager
Generate
ESG-focused provider
Kernel
Index fund provider
Milford Asset Management
Active fund manager
Pie Funds
NZ-focused provider
Simplicity
Non-profit structure
Westpac
Bank-affiliated provider
Note: Returns shown are for growth funds where available. Actual returns vary by fund type and time period. Past performance is not a reliable indicator of future returns.
Provider Overview
| Provider | Approx. Fund Size | Approx. Members | Established | Fund Types |
|---|---|---|---|---|
| ANZ Investments | $23.5B | 780,000+ | 2007 | Full range |
| Fisher Funds | $5.8B | 150,000+ | 2007 | Full range |
| Milford | $4.1B | 85,000+ | 2007 | Active managed |
| Simplicity | $3.2B | 110,000+ | 2016 | Passive/Index |
| Kernel | $900M | 35,000+ | 2019 | Index funds |
Data is approximate and subject to change. Refer to provider websites for current information.
Understanding Fund Types
KiwiSaver funds are typically categorised by their asset allocation and risk profile. The following are general descriptions - specific fund characteristics vary by provider.
Conservative Funds
Generally have higher allocations to income assets (cash, bonds) and lower allocations to growth assets (shares, property).
Balanced Funds
Typically have a mix of income and growth assets, often around 50-60% growth assets.
Growth Funds
Generally have higher allocations to growth assets (70-90%), with smaller allocations to income assets.
Aggressive Funds
Typically have the highest allocations to growth assets (often 90%+), with minimal income assets.
Note: Higher growth asset allocation generally means higher potential returns but also higher volatility and risk of loss.
Need Personalised Guidance?
This website provides general information only and does not constitute financial advice. Choosing a KiwiSaver provider and fund type depends on your individual circumstances, financial goals, risk tolerance, and investment timeframe.
If you need advice tailored to your personal situation, please consult a licensed Financial Advice Provider (FAP).
You can find licensed advisers through the Financial Service Providers Register at fsp-register.companiesoffice.govt.nz
Explore More Data
Use our comparison tools to view detailed fund information.
Disclaimer: This page provides general information only and does not constitute financial advice under the Financial Markets Conduct Act 2013. We do not assess suitability, make recommendations, or provide personalised advice. Past performance is not a reliable indicator of future returns. Investment returns can be negative, and you may receive back less than you invested. If you need advice tailored to your circumstances, please consult a licensed Financial Advice Provider.