Westpac KiwiSaver Review

Westpac offers KiwiSaver funds designed to help New Zealanders achieve their retirement goals.

About Westpac KiwiSaver

Westpac KiwiSaver offers a comprehensive range of investment options to help New Zealanders save for retirement. As one of the major bank providers, they combine the stability of a large financial institution with innovative investment solutions.

Their investment approach emphasizes diversification and risk management, with funds ranging from conservative to aggressive to suit different investor needs. Westpac's investment team actively monitors and adjusts fund portfolios in response to market conditions while maintaining a long-term focus.

Westpac KiwiSaver members benefit from integrated banking services, making it easy to manage their KiwiSaver alongside other financial products. They also provide comprehensive educational resources and planning tools to help members make informed decisions about their retirement savings.

Westpac KiwiSaver Funds

Westpac Conservative Fund

A conservative option that aims to provide stable returns with a focus on preserving capital through investment in primarily income assets.

Conservative

Risk Level

Low

Management Fee

0.82%

1 Year Return

4.1%

5 Year Return

4.2%

Westpac Growth Fund

A growth-focused fund suitable for investors with a longer investment timeframe who are comfortable with market volatility.

Growth

Risk Level

High

Management Fee

1.02%

1 Year Return

9%

5 Year Return

8.2%

Why Choose Westpac KiwiSaver?

Advantages

  • Comprehensive range of fund options
  • Strong risk management framework
  • Integrated banking services
  • Extensive educational resources
  • Competitive fees

Considerations

  • Performance varies across fund range
  • Large institutional structure
  • May not suit those seeking specialized strategies

Quick Facts

Total Assets
$8.9B
Average Management Fee
0.92%
Number of Funds
7
Fund Types
Cash, Conservative, Default, Moderate, Balanced, Growth, Aggressive

Key Features

  • Online fund switching
  • Retirement planning tools
  • Investment education resources
  • Personal financial reviews