- Generate KiwiSaver Fund Performance
Generate KiwiSaver fund performance
The returns for the Moderate, Growth and Focused Growth Funds are based on the percentage change in the unit price of the fund since inception on April 16th 2013. The returns for the CashPlus (Defensive), Conservative and Balanced Funds are based on the percentage change in the unit price of the fund since inception on May 16th 2022.
Check out the tables and graphs below to see how our funds are performing over a period of time.
How we compare against the industry average
Comparison over a 10-year period as of 30th June 2026.² The graphs below show how our KiwiSaver funds are performing against the industry average, these graphs are updated each quarter.
Generate
Morningstar industry average ²
Morningstar is an independent investment research firm that compiles, analyses and ranks KiwiSaver funds.
Disclaimer:
10-year performances for the CashPlus, Conservative, and Balanced funds is not available yet as these funds launched in May 2022. 10-year performances for the Australasian, Thematic and Global funds is not available yet as these funds launched in April 2025.
Fund performance as at 31st July 2026¹
1 month
0.2%
1 year
2.89%
3 years p.a.
5.33%
5 years p.a.
-
10 years p.a.
-
Since inception p.a.
4.23%
1 month
-1.3%
1 year
4.4%
3 years p.a.
6.72%
5 years p.a.
-
10 years p.a.
-
Since inception p.a.
5.64%
1 month
-1.47%
1 year
6.26%
3 years p.a.
8.15%
5 years p.a.
5.01%
10 years p.a.
5.41%
Since inception p.a.
5.81%
1 month
-1.58%
1 year
8.54%
3 years p.a.
9.76%
5 years p.a.
-
10 years p.a.
-
Since inception p.a.
9.07%
1 month
-1.58%
1 year
10.25%
3 years p.a.
11.68%
5 years p.a.
7.2%
10 years p.a.
8.99%
Since inception p.a.
9.15%
1 month
-1.86%
1 year
12.56%
3 years p.a.
13.85%
5 years p.a.
8.35%
10 years p.a.
10.37%
Since inception p.a.
10.16%
1 month
-3.59%
1 year
18.32%
3 years p.a.
-
5 years p.a.
-
10 years p.a.
-
Since inception p.a.
27.22%
1 month
-3.37%
1 year
15.62%
3 years p.a.
-
5 years p.a.
-
10 years p.a.
-
Since inception p.a.
26.45%
1 month
0.39%
1 year
3.37%
3 years p.a.
-
5 years p.a.
-
10 years p.a.
-
Since inception p.a.
9.36%
Disclaimer:
Past performance is not necessarily an indicator of future performance and return periods may differ. In particular, the target asset allocation of the CashPlus Fund (formerly known as the Defensive Fund) changed from 25% cash and 75% fixed income to 100% cash and cash equivalents in May 2025, so future returns will differ significantly from prior periods. All returns are after fees and before taxes. Generate 10 year returns as at 31st July 2026. 10 and 5-year returns are not available for the Generate CashPlus, Conservative and Balanced Funds, as these funds only launched in May 2022. 10, 5 and 3-year returns are not available for the Generate Australasian, Thematic and Global Funds, as these funds only launched in April 2025.
Daily Unit Price
As at 10 August 2026
Disclaimers