KiwiSaver fund returns
Figures as at 30 June 2026. Updated each quarter.
What you're looking at
Every KiwiSaver provider publishes a Quarterly Fund Update disclosing each fund's 1 and 5-year returns, after fees, before tax, as at the quarter end below. That's the first block of columns in the table.
3, 5 and 10-year figures aren't part of that standard disclosure for most providers any more, so we compute them ourselves: chaining each fund's own printed annual returns — after fees and after tax at the 28% PIR, years ended 31 March — into an annualised figure. That's the second block. The two blocks sit on different bases and different reference dates on purpose — read the methodology below before comparing them directly.
Figures as at 30 June 2026
after fees — see basis in each column group · updated each quarter · a few funds publish monthly and are marked with their own date
| Fund | Provider-disclosed — after fees, before tax, as at quarter end | Computed by us — after fees, after tax at 28% PIR, years ended 31 March | ||||
|---|---|---|---|---|---|---|
| Fund | ||||||
| On our panel— Shown first because these are the providers we work with — not a performance ranking. | ||||||
| Booster | Balanced FundBalanced | 10.82% | 4.90% | 6.43% | 3.62% | 5.41% |
| Booster | Default Saver FundBalanced | 12.15% | — | 8.27% | — | — |
| Booster | Growth FundGrowth | 13.57% | 6.22% | 7.90% | 4.63% | 6.86% |
| Booster | High Growth FundHigh Growth | 16.65% | 7.60% | 9.50% | 5.71% | 7.93% |
| Booster | Moderate FundConservative | 7.25% | 3.19% | 4.46% | 2.24% | 3.54% |
| Booster | Shielded Growth FundHigh Growth | 15.77% | 6.82% | 9.02% | 5.13% | — |
| Booster | Socially Responsible Balanced FundBalanced | 10.68% | 5.11% | 7.14% | 4.00% | 5.84% |
| Booster | Socially Responsible Growth FundGrowth | 13.61% | — | 8.88% | — | — |
| Booster | Socially Responsible High Growth FundHigh Growth | 17.05% | 8.52% | 10.86% | 6.75% | 9.01% |
| Booster | Socially Responsible Moderate FundConservative | 7.14% | 3.13% | 4.90% | 2.34% | — |
| Generate | Balanced FundBalanced | 11.61% | — | 7.96% | — | — |
| Generate | Conservative FundConservative | 6.56% | — | 4.73% | — | — |
| Generate | Focused Growth FundHigh Growth | 16.50% | 8.55% | 12.54% | 6.41% | 8.75% |
| Generate | Growth FundGrowth | 13.65% | 7.35% | 10.20% | 5.52% | 7.60% |
| Generate | Moderate FundConservative | 8.89% | 5.22% | 6.20% | 3.54% | 4.34% |
| Kōura | Strategic High Growth FundHigh Growth | 26.49% | — | — | — | — |
| Milford | Active Growth FundGrowth | 7.76% | 7.50% | 9.41% | 6.82% | 8.91% |
| Milford | Aggressive FundHigh Growth | 10.95% | 7.75% | 9.36% | 6.37% | — |
| Milford | Balanced FundBalanced | 6.57% | 5.96% | 6.55% | 4.88% | 6.76% |
| Milford | Conservative FundConservative | 2.45% | 3.41% | 4.51% | 2.57% | 3.66% |
| Milford | Moderate FundConservative | 4.33% | 4.59% | 5.39% | 3.63% | — |
| NZ Funds | Growth StrategyHigh Growth | 9.38% | 1.55% | 10.03% | -0.85% | 7.22% |
| NZ Funds | Income StrategyConservative | 1.70% | 1.85% | 2.36% | 0.90% | 2.36% |
| NZ Funds | Inflation StrategyGrowth | 7.58% | -0.01% | 3.42% | -2.29% | 3.64% |
| SuperLife | Balanced FundBalanced | 13.68% | 5.86% | 7.97% | 4.28% | 5.62% |
| SuperLife | Conservative FundConservative | 8.37% | 3.75% | 5.42% | 2.54% | 3.70% |
| SuperLife | Default FundBalanced | 12.10% | — | 7.55% | — | — |
| SuperLife | Ethica FundBalanced | 13.24% | 5.99% | 8.24% | 4.30% | 5.70% |
| SuperLife | Growth FundGrowth | 17.21% | 7.36% | 9.76% | 5.50% | 6.75% |
| SuperLife | High Growth FundHigh Growth | 21.09% | 8.81% | 11.46% | 6.67% | 7.91% |
| Other providers | ||||||
| AMP | Aggressive FundHigh Growth | 21.37% | 8.91% | — | — | — |
| AMP | Balanced FundBalanced | 14.12% | 6.00% | — | — | — |
| AMP | Conservative FundConservative | 7.19% | 3.08% | — | — | — |
| AMP | Defensive Conservative FundDefensive | 6.61% | 2.99% | — | — | — |
| AMP | Global Select Balanced Growth FundGrowth | 18.43% | 6.14% | — | — | — |
| AMP | Global Select Conservative FundConservative | 7.84% | 2.65% | — | — | — |
| AMP | Global Select Growth FundGrowth | 21.47% | 7.15% | — | — | — |
| AMP | Growth FundGrowth | 18.10% | 7.73% | — | — | — |
| AMP | Moderate Balanced FundBalanced | 12.37% | 5.10% | — | — | — |
| AMP | Moderate FundConservative | 10.47% | 4.23% | — | — | — |
| ANZ | Balanced FundBalanced | 11.25% | 4.10% | — | — | — |
| ANZ | Balanced Growth FundGrowth | 14.08% | 5.08% | — | — | — |
| ANZ | Conservative Balanced FundConservative | 7.91% | 3.09% | — | — | — |
| ANZ | Conservative FundConservative | 5.62% | 2.34% | — | — | — |
| ANZ | Growth FundGrowth | 16.99% | 6.06% | — | — | — |
| ANZ | High Growth FundHigh Growth | 19.73% | — | — | — | — |
| ASB | Aggressive FundHigh Growth | 19.79% | — | — | — | — |
| ASB | Balanced FundBalanced | 13.57% | 6.40% | — | — | — |
| ASB | Conservative FundConservative | 7.95% | 3.61% | — | — | — |
| ASB | Growth FundGrowth | 16.93% | 7.94% | — | — | — |
| ASB | Moderate FundConservative | 10.49% | 4.77% | — | — | — |
| Aurora | Conservative FundConservativeAs at 31 July 2026 | 3.58% | — | — | — | — |
| Aurora | Growth FundGrowthAs at 31 July 2026 | 8.97% | — | — | — | — |
| BNZ | Balanced FundBalanced | 12.72% | 5.90% | — | — | — |
| BNZ | Conservative FundConservative | 5.87% | 2.94% | — | — | — |
| BNZ | Default FundBalanced | 13.44% | — | — | — | — |
| BNZ | First Home Buyer FundConservative | 5.22% | 3.70% | — | — | — |
| BNZ | Growth FundGrowth | 16.10% | 7.45% | — | — | — |
| BNZ | High Growth FundHigh Growth | 19.49% | — | — | — | — |
| BNZ | Moderate FundConservative | 9.34% | 4.46% | — | — | — |
| Evidential | Balanced FundBalancedAs at 31 July 2026 | 10.18% | — | — | — | — |
| Evidential | Growth FundGrowthAs at 31 July 2026 | 13.25% | — | — | — | — |
| Evidential | High Growth FundHigh GrowthAs at 31 July 2026 | 16.31% | — | — | — | — |
| JMI Wealth | Balanced FundBalanced | 12.01% | 5.37% | — | — | — |
| JMI Wealth | Conservative FundConservative | 7.03% | 3.21% | — | — | — |
| JMI Wealth | Growth FundGrowth | 13.78% | 6.69% | — | — | — |
| Kernel | Balanced FundBalanced | 14.92% | — | — | — | — |
| Kernel | Conservative FundConservativeAs at 31 March 2026 | — | — | — | — | — |
| Kernel | High Growth FundHigh Growth | 22.64% | — | — | — | — |
| MAS | Aggressive FundHigh Growth | 22.21% | 8.50% | — | — | — |
| MAS | Balanced FundBalanced | 14.86% | 5.99% | — | — | — |
| MAS | Conservative FundConservative | 6.93% | 2.94% | — | — | — |
| MAS | Growth FundGrowth | 19.04% | 7.55% | — | — | — |
| MAS | Moderate FundConservative | 10.71% | 4.42% | — | — | — |
| Mercer | Responsible Balanced FundBalanced | 11.81% | 5.26% | — | — | — |
| Mercer | Responsible Conservative FundConservative | 6.45% | 2.94% | — | — | — |
| Mercer | Responsible Growth FundGrowth | 14.73% | 6.57% | — | — | — |
| Mercer | Responsible High Growth FundHigh GrowthAs at 31 March 2026 | 11.20% | 6.60% | — | — | — |
| Mercer | Responsible Moderate FundConservative | 8.61% | 4.06% | — | — | — |
| NZ Defence Force | Balanced FundBalanced | 14.02% | 5.36% | — | — | — |
| NZ Defence Force | Conservative FundConservative | 6.65% | 2.96% | — | — | — |
| NZ Defence Force | Growth FundGrowth | 17.26% | 6.75% | — | — | — |
| NZ Defence Force | High Growth FundHigh Growth | 20.86% | 8.09% | — | — | — |
| NZ Defence Force | Moderate FundConservative | 9.86% | 4.04% | — | — | — |
| Pathfinder | Balanced FundBalanced | 10.17% | 6.13% | — | — | — |
| Pathfinder | Conservative FundConservative | 4.11% | 3.65% | — | — | — |
| Pathfinder | Growth FundGrowth | 13.51% | 7.02% | — | — | — |
| Pathfinder | High Growth FundHigh Growth | 15.94% | — | — | — | — |
| Pie Funds | Aggressive FundHigh Growth | 16.01% | — | — | — | — |
| Pie Funds | Balanced FundBalanced | 13.64% | 3.65% | — | — | — |
| Pie Funds | Conservative FundConservative | 6.92% | 2.72% | — | — | — |
| Pie Funds | Growth FundGrowth | 16.75% | 3.37% | — | — | — |
| QuayStreet | Balanced FundBalanced | 11.65% | 8.38% | — | — | — |
| QuayStreet | Conservative FundConservative | 6.10% | 4.44% | — | — | — |
| QuayStreet | Growth FundGrowth | 14.40% | 10.11% | — | — | — |
| QuayStreet | High Growth FundHigh Growth | 18.71% | — | — | — | — |
| QuayStreet | Income FundConservative | 5.04% | 4.20% | — | — | — |
| QuayStreet | Socially Responsible Investment FundBalanced | 9.36% | 8.16% | — | — | — |
| SBS Wealth | High Growth FundHigh Growth | 21.35% | 9.61% | — | — | — |
| Simplicity | Growth FundGrowth | 17.62% | 8.28% | — | — | — |
| Summer | Balanced Selection FundBalanced | 8.23% | 4.25% | — | — | — |
| Summer | Conservative Selection FundConservative | 5.89% | 3.12% | — | — | — |
| Summer | Growth Selection FundGrowth | 10.67% | 5.42% | — | — | — |
| Westpac | Balanced FundBalanced | 13.90% | 5.77% | — | — | — |
| Westpac | Conservative FundConservative | 7.48% | 3.61% | — | — | — |
| Westpac | Default Balanced FundBalanced | 12.26% | — | — | — | — |
| Westpac | Defensive Conservative FundDefensive | 6.71% | 3.46% | — | — | — |
| Westpac | Growth FundGrowth | 17.33% | 7.00% | — | — | — |
| Westpac | High Growth FundHigh Growth | 21.42% | — | — | — | — |
| Westpac | Moderate FundConservative | 10.21% | 4.58% | — | — | — |
How these figures work
How the computed figures are chained
Each panel provider's Quarterly Fund Update prints its fund's own return for every year the fund has existed. We take those printed one-year returns — r₁, r₂, … rₙ — and chain them geometrically: ((1 + r₁) × (1 + r₂) × … × (1 + rₙ)) ^ (1/n) − 1. That reproduces the same kind of annualised figure a fund update itself prints for a longer period — computed by Summit Wealth from each provider's own fund update, never the provider's own published figure for that same span.
Why most funds don't show a 3 or 10-year figure
Most KiwiSaver providers' Quarterly Fund Updates only disclose 1 and 5-year returns any more — 3 and 10-year figures fell out of the standard template. Where a fund's own update prints enough years of annual returns for us to chain a 3, 5 or 10-year figure, we do; where it doesn't (a young fund, or a gap in the printed years), the cell is left blank. A blank never means zero — it means the figure genuinely isn't published, or the fund hasn't existed long enough yet.
Why the computed figures use a different tax rate and date
Each fund update's own annual-return chart is printed after fees and after tax at the highest Prescribed Investor Rate (28% PIR), for years ended 31 March — not the update's own quarter end, and not before tax like the 1 and 5-year figures above. Chaining those printed figures keeps them on the exact same basis the provider's own chart already uses, rather than mixing two different bases into one number.
The cross-check
Where we've computed a 5-year figure, it's shown directly beside the provider's own published 5-year figure — two different bases, so they won't match exactly, but a big gap is worth a second look. Every fund update also prints its own long-run average return on the same after-tax basis as the annual figures — we check our own chained figure against that printed average before publishing it.
What's covered so far
Computed 3, 5 and 10-year figures are published for six panel providers this quarter — Booster, Generate, Kōura, Milford, NZ Funds and SuperLife — with every other fund's computed cells left blank rather than guessed. Coverage grows every quarter as more funds' own updates are added to the register.
Sources
The panel figures above are drawn from each provider's own Quarterly Fund Update, published on the Disclose Register and on the provider's own site:
What changed this quarter
- 21 August 2026 — Initial publication. Six panel providers (Booster, Generate, Kōura, Milford, NZ Funds and SuperLife) now carry computed 3, 5 and 10-year figures; every fund in the catalogue carries its provider-disclosed 1 and 5-year figures.
- 21 August 2026 — Closed-to-new-members funds removed from this table — 110 funds now shown (previously 113).
Past performance is not a guide to future returns.
This page is information only, not personalised advice, and not a recommendation to invest in, hold or switch any fund. It says nothing about your own KiwiSaver — for that, talk to Kyle.
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