KiwiSaver Fee Comparison 2025

KiwiSaver Fee Comparison 2025 | Fund Fee Data

Fund Fee Data (Sorted Lowest to Highest)

Showing 50 funds sorted by annual fee. You may use this data for your own comparison.

#	Fund Name	Provider	Fees	5-Year Return	Fund Type	Risk
1	Balanced Fund	NZ Funds	0.00%	N/A	Balanced	4/7
2	Investnow Foundation Series Us 500 Fund	Fundrock	0.03%	N/A	Aggressive	5/7
3	Investnow Foundation Series Hedged Us 500 Fund	Fundrock	0.03%	N/A	Aggressive	6/7
4	Investnow Foundation Series Hedged Total World Fund	Fundrock	0.07%	N/A	Aggressive	5/7
5	Investnow Foundation Series Total World Fund	Fundrock	0.07%	N/A	Aggressive	5/7
6	Sharesies Us500 Fund	Sharesies	0.09%	N/A	Aggressive	6/7
7	Milford Kiwisaver Cash Fund	Milford	0.20%	2.55%	Defensive	1/7
8	Cash Fund	ANZ	0.22%	2.32%	Defensive	2/7
9	Cash Fund	ANZ	0.22%	2.32%	Defensive	2/7
10	High Growth Fund	Simplicity	0.25%	N/A	Aggressive	1/7
11	Kernel High Growth Fund	Kernel	0.25%	N/A	Aggressive	5/7
12	Kernel Nz 20 Fund	Kernel	0.25%	N/A	Aggressive	5/7
13	Cash Fund	Westpac	0.25%	2.38%	Defensive	2/7
14	Conservative Fund	Simplicity	0.25%	1.80%	Conservative	1/7
15	Kernel Cash Plus Fund	Kernel	0.25%	N/A	Defensive	1/7
16	Kernel Global Property (Nzd Hedged) Fund	Kernel	0.25%	N/A	Aggressive	6/7
17	Kernel Global Esg (Nzd Hedged) Fund	Kernel	0.25%	N/A	Aggressive	6/7
18	Kernel S&P 500 (Unhedged) Fund	Kernel	0.25%	N/A	Aggressive	6/7
19	Cash Fund	MAS	0.25%	2.33%	Defensive	1/7
20	Kernel Nz Commercial Property Fund	Kernel	0.25%	N/A	Aggressive	5/7
21	Growth Fund	Simplicity	0.25%	6.01%	Growth	1/7
22	Kernel S&P Global Dividend Aristocrats Fund	Kernel	0.25%	N/A	Aggressive	5/7
23	Kernel Nz 50 Esg Tilted Fund	Kernel	0.25%	N/A	Aggressive	5/7
24	Default Fund	Simplicity	0.25%	N/A	Balanced	1/7
25	Kernel Nz Small & Mid Cap Opportunities Fund	Kernel	0.25%	N/A	Aggressive	5/7
26	Balanced Fund	Simplicity	0.25%	4.35%	Balanced	1/7
27	Defensive Fund	Simplicity	0.25%	N/A	Defensive	1/7
28	Kernel S&P 500 (Nzd Hedged) Fund	Kernel	0.25%	N/A	Aggressive	6/7
29	Kernel Balanced Fund	Kernel	0.25%	N/A	Balanced	4/7
30	Kernel Us Bond Fund	Kernel	0.30%	N/A	Defensive	4/7
31	BNZ Kiwisaver Cash Fund	BNZ	0.30%	2.53%	Defensive	2/7
32	Superlife Default Fund	Smartshares	0.30%	N/A	Balanced	4/7
33	Investnow Macquarie Nz Cash Fund	Fundrock	0.30%	N/A	Defensive	2/7
34	Cash Fund	Mercer	0.32%	2.16%	Defensive	2/7
35	New Zealand Fixed Interest Fund	ANZ	0.34%	0.15%	Defensive	3/7
36	Nz Cash Fund	ASB	0.35%	2.18%	Defensive	2/7
37	BNZ Kiwisaver Default Fund	BNZ	0.35%	N/A	Balanced	4/7
38	Default Saver Fund	Booster	0.35%	N/A	Balanced	4/7
39	Investnow Mercer Nz Shares Passive Fund	Fundrock	0.36%	N/A	Aggressive	5/7
40	Investnow Foundation Series Balanced Fund	Fundrock	0.36%	N/A	Balanced	4/7
41	Default Fund	Fisher	0.37%	N/A	Balanced	4/7
42	Investnow Foundation Series Growth Fund	Fundrock	0.38%	N/A	Growth	4/7
43	Kernel Nz Bond Fund	Kernel	0.40%	N/A	Defensive	3/7
44	Conservative Fund	ASB	0.40%	2.33%	Conservative	3/7
45	Defensive Conservative Fund	Westpac	0.40%	2.57%	Conservative	3/7
46	Default Balanced Fund	Westpac	0.40%	N/A	Balanced	4/7
47	Goalsgetter Amova Nz Cash Fund	Nikko	0.40%	2.64%	Defensive	2/7
48	Conservative Fund	Westpac	0.40%	2.72%	Conservative	3/7
49	Moderate Fund	Westpac	0.40%	3.80%	Balanced	4/7
50	Cash Fund	Mercer	0.43%	2.05%	Defensive	2/7

KiwiSaver Fund Fee Comparison 2025

About Fee Data

Fee Illustration Example:

Compare

Fund Types

Fund Fee Data (Sorted Lowest to Highest)

Explore More Comparisons

Index Funds

Historical Returns

Growth Funds

Compare Fund Data

First Home

Learn

Tools

Important Information and Disclosure