Blog
Generate #1 performance in two categories for 2017
Posted in Kiwisaver, Retirement, Savings on
The latest KiwiSaver survey for calendar year 2017 shows the following fantastic results for the Generate Funds: * The Generate Focused Growth Fund's return was 1st for calendar year 2017 in the KiwiSaver Aggressive category with an after-fee return of 23.9%. * The Generate Growth Fund's return was 1st for calendar year 2017 in the KiwiSaver Growth category with an after-fee return of 19.1%.
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Number 1 Performing Diversified Growth Fund in 2017!
Posted in Kiwisaver on
We are very excited to announce that Generate had the number 1 performing KiwiSaver fund in 2017 out of 34 diversified growth funds as per the FundSource Performance Tables!
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Generate Focused Growth 2nd for 3 year performance
Posted in Kiwisaver on
The recently released FundSource Performance Tables show the following fantastic results for the Generate Funds to the end of October 2017: Generate Focused Growth Fund 2nd out of 30 growth funds for 3 year performance with 12.26% p.a. Generate Growth Fund 9th out of 30 growth funds for 3 year performance with 11.09% p.a. Generate Conservative Fund 3rd out of 30 defensive funds for 3 year performance with 6.74% p.a.
View moreRetirees rely on state pension as savings run out
Posted in Retirement, Savings on
Most retirees will use up their savings in just 10 years and rely solely on the state pension after that, a new research suggests. More than two-thirds of retirement-age Kiwis surveyed in Financial Services (FSC) Council research felt they would not have enough income to live comfortably. Retirees, on average, expected to have $218 less to spend each week than what they think they would need. The gap was even wider for those still paying off a mortgage or renting.
View moreThis is the Future as according to Hamish Douglass - Magellan Lead Portfolio Manager
Posted in Savings on
Lisen to Hamish Douglass, the Lead Portfolio Manager from Magellan, speak about the future of investing. Hamish discusses a wide range of topics from his biggest influences to the most impactful trends that are driving his investment strategy today.
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KiwiSaver default funds told to lift game
Posted in Kiwisaver on
Thousands KiwiSavers may be missing out on potential earnings because providers are not doing enough to help them invest in the right fund, the FMA says. The Financial Markets Authority (FMA) annual report has ticked off providers of default conservative funds for not doing more to educate their members, and helping them to decide if they are in the best fund.
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Switching to self-employed? There's lots to consider
Posted in Savings on
Who knew that self-employment could lead to radical saving? There's typically more cash to handle than as an employee, but the flow is usually uneven, nothing like a fortnightly pay cheque. And there's no annual or sick leave, either. So running under our own steam calls for savvy money management, and it's a great opportunity to lift our money skills.
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Generate Focused Growth 1st for 3 year performance
Posted in Kiwisaver, Savings on
The recently released FundSource Performance Tables show the Generate Focused Growth Fund 1st out of 29 growth funds for 3 year performance!
View moreTheres almost no chance young investors will lose money over 40 years
Posted in Retirement, Savings on
Many people — especially young people — avoid the stock market because they fear risk. But that fear may be misplaced, according to a recent investment risk analysis performed by personal finance website NerdWallet.
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Alibaba Adds $42 Billion in Market Cap on Strong Sales Forecast
Posted in Savings on
Members in Generate’s growth funds have a small part of their accounts invested in Alibaba via the Polar Capital Technology Trust Plc. and T Rowe Price Global Equity Fund.
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