Hive KiwiSaver Scheme Review
Independent analysis of Hive Funds Limited's KiwiSaver scheme based on FMA data, performance metrics, and fee structures. Last updated: May 2026.
Quick Summary
✅ Key Highlights
- • Competitive fees: 0.00% average fees
- • Good choice: 14 fund options available
📊 At a Glance
- • Average fees: 0.00% per year
- • 5-year returns: N/A
- • Fund options: 14 funds
- • Total members: 26k+
- • Assets under management: $0.6B
Hive Funds Limited manages the Hive KiwiSaver Scheme, previously the Aurora KiwiSaver Scheme (renamed and moved from FundRock NZ in 2026).
Performance Analysis
All Hive KiwiSaver Scheme Funds
| Fund Name | Type | 5-Year Return | Fees | Risk | Members |
|---|---|---|---|---|---|
| Hive Harbour Growth Fund | N/A | N/A | 1.59% | 4/7 | N/A |
| Hive Pie Aggressive Fund | N/A | N/A | 1.69% | 5/7 | N/A |
| Hive Munro Global Growth Climate Leaders Fund | N/A | N/A | 1.69% | 5/7 | N/A |
| Hive Pie Growth Fund | N/A | N/A | 1.59% | 5/7 | N/A |
| Hive Harbour Balanced Fund | N/A | N/A | 1.49% | 4/7 | N/A |
| Hive Aurora Aggressive Fund | N/A | N/A | 1.69% | 5/7 | N/A |
| Aurora First Home Buyer Strategy | Conservative | N/A | 1.13% | 3/7 | 2,722 |
| Hive Aurora Conservative Fund | Conservative | N/A | 1.34% | 3/7 | 6,441 |
| Aurora Retirementplus Age 75 | Conservative | N/A | 1.38% | 4/7 | N/A |
| Hive Aurora Growth Fund | Growth | N/A | 1.58% | 5/7 | 11,818 |
| Aurora Retirementplus Age 50 | Growth | N/A | 1.58% | 5/7 | 166 |
| Aurora Balanced Strategy | Balanced | N/A | 1.48% | 4/7 | 745 |
| Hive Aurora Liquidity Fund | Defensive | N/A | 0.49% | 2/7 | 3,715 |
| Aurora Retirementplus Age 65 | Balanced | N/A | 1.47% | 4/7 | 50 |
Considerations for Hive
What the data shows
- •Average fees below the market average
- •A choice between multiple fund types
Points some investors compare
- •Historical returns at other providers (for example Milford, Fisher Funds)
- •Ethical and responsible-investment options
- •Fund risk levels for a planned first-home withdrawal
A licensed financial adviser can help with a personal assessment.
Compare Alternatives
Other providers with comparable data:
AE KiwiSaver Limited
Always Ethical provides ethical KiwiSaver and investment funds that focus on responsible investing.
AMP Wealth Management New Zealand Limited
AMP offers KiwiSaver and investment solutions with a strong track record and flexible options.
ANZ New Zealand Investments Limited
ANZ provides a wide range of KiwiSaver and investment funds tailored for diverse financial goals.
Arotahi Trust Limited
Arotahi delivers KiwiSaver and investment solutions with a focus on secure and sustainable growth.
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Disclaimer: This analysis is based on publicly available data from the FMA and provider disclosures as of October 2025. Past performance does not guarantee future results. This is not financial advice. Please consult a licensed financial adviser before making investment decisions.
Data sources: FMA KiwiSaver Quarterly Reports, Hive Funds Limited Product Disclosure Statements, provider websites.
