Fund manager
Generate Investment Management Limited
Generate Investment Management Limited manages 21 KiwiSaver scheme funds across 1 scheme, with combined assets of $10.20B.
Identifiers
- Manager type
- NZ Limited Company
- FSPR registration
- FSP FSP271005 · verify on FSPR ↗
- NZBN
- 9429030374034 · verify on NZBN ↗
- Average annual fee across managed funds
- 1.25%
Generate — 21 funds
| Fund | Type | Annual fee | 5y avg return | Fund size |
|---|---|---|---|---|
| Growth Fund | Growth | 1.25% | 6.74% | $2330M |
| Australasian Fund | Aggressive | 1.19% | No 5-year average return figure held. Recorded fund start date 30 April 2025 is less than five years before March 2026. | $7M |
| Conservative Fund | Conservative | 1.08% | No 5-year average return figure held. Recorded fund start date 16 May 2022 is less than five years before March 2026. | $179M |
| Stepping Stones 0-35 | Aggressive | 1.41% | 9.65% | $59M |
| Stepping Stones 76+ | Conservative | 1.21% | No 5-year average return figure held. Recorded fund start date 16 May 2022 is less than five years before March 2026. | $1M |
| Moderate Fund | Balanced | 1.14% | 4.50% | $838M |
| Stepping Stones Growth 0-50 | Aggressive | 1.41% | 9.81% | $137M |
| Balanced Fund | Balanced | 1.24% | No 5-year average return figure held. Recorded fund start date 16 May 2022 is less than five years before March 2026. | $500M |
| Global Fund | Aggressive | 1.18% | No 5-year average return figure held. Recorded fund start date 30 April 2025 is less than five years before March 2026. | $56M |
| Stepping Stones 61-64 | Balanced | 1.26% | 4.88% | $28M |
| Stepping Stones 36-45 | Growth | 1.39% | 7.96% | $73M |
| Stepping Stones Growth 56-60 | Balanced | 1.36% | 6.15% | $34M |
| Stepping Stones 65-75 | Conservative | 1.22% | No 5-year average return figure held. Recorded fund start date 16 May 2022 is less than five years before March 2026. | $16M |
| Focused Growth Fund | Aggressive | 1.27% | 8.03% | $5511M |
| Cashplus Fund | Defensive | 0.91% | No 5-year average return figure held. Recorded fund start date 16 May 2022 is less than five years before March 2026. | $132M |
| Stepping Stones 46-55 | Balanced | 1.36% | 6.15% | $73M |
| Stepping Stones Growth 76+ | Conservative | 1.21% | No 5-year average return figure held. Recorded fund start date 16 May 2022 is less than five years before March 2026. | $1M |
| Stepping Stones Growth 61-75 | Balanced | 1.26% | No 5-year average return figure held. Recorded fund start date 16 May 2022 is less than five years before March 2026. | $30M |
| Thematic Fund | Aggressive | 1.18% | No 5-year average return figure held. Recorded fund start date 30 April 2025 is less than five years before March 2026. | $117M |
| Stepping Stones 56-60 | Balanced | 1.30% | 5.49% | $38M |
| Stepping Stones Growth 51-55 | Growth | 1.39% | 7.96% | $37M |
About “—” in return figures: it means no figure is held, not a return of zero. Of the 21 funds listed, 11 have a 5-year average return. Figures are drawn from fund disclosures on the FMA Disclose register, chiefly quarterly fund updates. Each fund shows the most recent figure held; the latest quarter broadly covered across all funds is March 2026. A fund too new to report a period has no figure for it; other gaps are figures not yet captured from the updates ingested so far.
Manager identity and FSP registration sourced from the most recent FMA-filed Quarterly Fund Update for each fund. Supervisor, custodian, and auditor relationships are typically disclosed in each scheme's Product Disclosure Statement and Statement of Investment Policy and Objectives.
Compare every fund on the FMA Disclose register. Refreshed quarterly. Independent — FundCompare is not a Financial Advice Provider; general information only.
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