# Quarterly Fund Update — generate (2025-Q4)

> KiwiSaver scheme **generate** — Quarterly Fund Update filing covering period ending **2025-12-31**.
> Source: filed with FMA Disclose register. Canonical: https://fundcompare.co.nz/filings/qfu/generate/2025-q4

## Funds covered

| Fund | Fees (1y) | 1y return | 3y return | 5y avg return | AUM (NZD) | Members | Growth assets |
|------|-----------|-----------|-----------|---------------|-----------|---------|---------------|
| Australasian Fund | 1.19% | — | — | — | NZD $4,728,829 | 257 | 10.8% |
| Global Fund | 1.18% | — | — | — | NZD $26,043,933 | 1,191 | 3.6% |
| Thematic Fund | 1.18% | — | — | — | NZD $60,956,713 | 2,215 | 6.5% |

_Returns are after fees and tax at PIR 28%, sourced from the QFU PDF as filed with FMA Disclose._

## Source documents

- **Fund: australasian**
  - Original PDF: https://ap-southeast-2.graphassets.com/AKCbhBjCsTzKiieKkNfvxz/cmljxpl1q2hsz0831kn0g43um
  - SHA-256: `a47c2005df0fdf96…`
  - Ingested: 2026-05-15
- **Fund: balanced**
  - Original PDF: https://ap-southeast-2.graphassets.com/AKCbhBjCsTzKiieKkNfvxz/cmljxcoa41y22082q65c2gadv
  - SHA-256: `bf5523c9bda370cc…`
  - Ingested: 2026-05-15
- **Fund: cashplus-defensive**
  - Original PDF: https://ap-southeast-2.graphassets.com/AKCbhBjCsTzKiieKkNfvxz/cmljwydy81p3a0831dk5ir6wv
  - SHA-256: `880821e3483e8fe2…`
  - Ingested: 2026-05-15
- **Fund: conservative**
  - Original PDF: https://ap-southeast-2.graphassets.com/AKCbhBjCsTzKiieKkNfvxz/cmljx2zhd1tx50831863gr2j8
  - SHA-256: `9de4ffd0f50ec02a…`
  - Ingested: 2026-05-15
- **Fund: focused-growth**
  - Original PDF: https://ap-southeast-2.graphassets.com/AKCbhBjCsTzKiieKkNfvxz/cmljxnedv28jk082q1qu01v8s
  - SHA-256: `08f78fe38b0d802f…`
  - Ingested: 2026-05-15
- **Fund: global**
  - Original PDF: https://ap-southeast-2.graphassets.com/AKCbhBjCsTzKiieKkNfvxz/cmljxw6sk2oke0831chanaduj
  - SHA-256: `d84015a87c64de67…`
  - Ingested: 2026-05-15
- **Fund: growth**
  - Original PDF: https://ap-southeast-2.graphassets.com/AKCbhBjCsTzKiieKkNfvxz/cmljxl04d2e9z0831yavrzw34
  - SHA-256: `db6511eb03784d8b…`
  - Ingested: 2026-05-15
- **Fund: moderate**
  - Original PDF: https://ap-southeast-2.graphassets.com/AKCbhBjCsTzKiieKkNfvxz/cmljx8djz1uea082q97f0ovkb
  - SHA-256: `4c89b6d8782b0c35…`
  - Ingested: 2026-05-15
- **Fund: thematic**
  - Original PDF: https://ap-southeast-2.graphassets.com/AKCbhBjCsTzKiieKkNfvxz/cmljxsbzu2kmd0831ezfpyhsd
  - SHA-256: `8f5848ed2fea1350…`
  - Ingested: 2026-05-15

## Data sources

- FMA Disclose register — https://disclose-register.companiesoffice.govt.nz/
- IRD KiwiSaver — https://www.ird.govt.nz/kiwisaver
- Sorted Fund Finder — https://fundfinder.sorted.org.nz/

## Machine-readable surface

- Facts JSON: https://fundcompare.co.nz/api/qfu/generate/2025-q4/facts.json
- Crawlable HTML: https://fundcompare.co.nz/filings/qfu/generate/2025-q4

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This is an informational summary published by FundCompare NZ (https://fundcompare.co.nz) using publicly available data from the FMA Disclose register, IRD KiwiSaver, and Sorted Fund Finder. It does not constitute financial advice. FundCompare NZ is not a licensed Financial Advice Provider. Past performance is not indicative of future results — read each scheme's Product Disclosure Statement and consult a licensed financial adviser before making any decision. KiwiSaver® is a registered trademark of Inland Revenue.