The Generate Focused Growth Trust (the Trust) invests in a similar way as our flagship KiwiSaver Focused Growth Fund (the Fund), investing in an actively managed diversified portfolio of proven underlying funds, international equities property and infrastructure assets, and cash. The Trust also has the ability to invest in Australasian equities and fixed income but it does not have a target asset allocation to these asset classes.
The KiwiSaver Focused Growth Fund has delivered a strong investment performance track record against its KiwiSaver peers since inception in 2013. It is important to note that past performance is not a reliable indicator of future performance and although the Trust and the Fund invest in a similar way the performance outcomes may differ.
The objective of the Trust is to provide a higher growth investment return over the long term through investment in nearly all growth assets. The minimum recommended investment timeframe for investment is five years.
Being a unit trust means that you will be able to access your money at any time whereas in KiwiSaver your money is locked in until retirement. However, there are no KiwiSaver benefits available, like the annual Government Contribution and first home allowance. The fees are slightly higher for the Trust over the Fund as it is smaller and has less economies of scale.
Generate has been rated highly for services. Our KiwiSaver funds have been awarded a Gold KiwiSaver rating by Superratings.com.au every year from 2016 to 2021 and we regularly have a Net Promoter Score above 60% from member surveys.