We’re excited to announce the launch of six new retail funds – three KiwiSaver funds and three managed funds – designed to give investors greater choice and more flexibility to build long-term wealth.
"Kiwis are becoming more financially savvy and are seeking investment options that support their long-term goals without the complexity of managing investments themselves. Our new funds provide greater variety, strategic diversification, and access to our expert fund managers," says Henry Tongue, CEO of Generate.
What’s new for Generate KiwiSaver funds?
We’ve created new KiwiSaver versions of our Australasian and Thematic Funds, previously available only as managed funds.
"Investors in our Thematic Managed Fund have been asking to allocate part of their KiwiSaver investment to this strategy,” says Henry Tongue, CEO of Generate. "Our members also told us they wanted more choice, so we listened. These new Generate KiwiSaver funds are all about giving them more options to invest in a way that suits their long-term goals.”
In addition, we’re launching a new Global Fund for KiwiSaver members. This high-growth, aggressive fund will invest in 40–50 equities across sectors and geographies, focusing on high-quality companies, strong growth opportunities, and undervalued equities, including well-known companies like Amazon and lesser-known companies such as Western Alliance Bancorp.
It’s important to note that all three of these KiwiSaver funds have a 98% allocation to growth assets, making them higher-risk investments. We caution that they are not suitable for everyone and are best suited for long-term investors who are comfortable experiencing market fluctuations in pursuit of higher potential returns.
As always, we recommend you speak with an adviser to fully understand the risks before making any changes to your investment strategy.
Click here to see an overview of all our Generate KiwiSaver Scheme Funds, old and new.
What’s new for Generate Managed Funds?
We’re expanding our managed fund offering with three new funds, giving investors more options to diversify their portfolio in line with their risk appetite, investment timeframe, and financial goals.
The new managed funds include:
• Global Managed Fund – A counterpart to the new Generate KiwiSaver Global Fund, offering exposure to a globally diversified portfolio of high-quality companies, growth opportunities, and undervalued stocks.
• Fixed Interest Fund – Invests in a diversified portfolio of fixed interest investments with a focus on corporate bonds. The fund is actively managed, using macroeconomic analysis to identify opportunities in interest rates, yield curves, and credit markets.
• CashPlus Fund – A low-risk fund holding only cash and cash equivalents, designed for investors seeking capital stability. It will closely mirror our Generate KiwiSaver Defensive Fund, which has been renamed CashPlus. (Click here to read more about the renaming of this fund.)
Click here to see an overview of all our Generate Managed Funds, old and new.
With these new funds, we continue to provide Kiwis with more opportunities to grow their savings while benefiting from expert management.
To help you make an informed decision, we have a nationwide team of advisers who offer no-obligation advice, guiding you to choose the fund that best aligns with your goals, risk appetite, and investment timeframe.
Research shows that 67% of New Zealanders who received financial advice believe it saved them from making mistakes, while 41% regret not seeking advice sooner¹ – highlighting just how important receiving advice can be.
¹ Fidelity Life, "Advice for Good" Report, 2024
Past performance is not a guarantee of future performance. Investments in higher-growth funds carry higher risk and volatility.