Top performing KiwiSaver funds in 2021 so far! Quarter 1 results are in
Equity markets produced solid growth over the first quarter of 2021 as vaccination programs continued across the globe. 2021 has also been full of volatility, with an entire new outlook on financial markets with the rise of meme stocks like GME, and cryptos feeling a resurgence. KiwiSaver funds steered clear of the madness to generate some top notch returns. In particular, 12-month returns have been driven by share markets performing extremely well since the depths of the Covid-19 uncertainty last year (March to March figures). But it’s important to keep in mind that the pace of these gains is best not expected to repeat as it only includes the recovery period from the Covid lows.
To see how your KiwiSaver fund performed this year, we collated data from the ‘Morningstar KiwiSaver Survey for March 2021’, the most recent survey conducted and ranked them on performance.
Note that all funds have been ranked on their most recent 5 year average yearly performances as at 31 March 2021, after fees.
Contents:
Conservative fund category top performers
Milford Conservative: 6.2% (five year average return)
Aon Russell Lifepoints Conservative: 5.5% (five year average return)
Aon Russell Lifepoints 2015: 5.5% (five year average return)
What difference would this make to my KiwiSaver?
The industry average return for Conservative fund types over the most recent 5 years was 4.9%*.
Milford Conservative Fund vs New Zealand Conservative Fund Average
What are the fees compared to industry average?
KiwiSaver fees are typically calculated as a % of your total balance. The majority of KiwiSaver funds also charge a fixed admin fee, however this is relatively small and consistent across varying KiwiSaver schemes. Please note that all returns stated are net of fees (returns after fees, before tax).
Industry Average for Conservative Funds fees = 0.66%
Milford Conservative Fund fees = 0.95%
Milford Conservative Fund Description
The Milford Conservative Fund description was obtained directly from Milfords most recent quarterly update.
The Fund’s objective is to provide moderate returns and protect capital after the base fund fee but before tax over the minimum recommended investment timeframe of three years. It is a diversified fund that primarily invests in fixed interest securities, with a moderate allocation to equities.
Milford Conservative Fund Asset Allocation
To find Milford’s target asset allocation percentages for their Conservative Fund as of March 2021, hover over each of the graphs elements.
Thinking about the Milford Conservative Fund?
The Milford Conservative Fund is suitable for investors who are looking to withdraw their fund in the next 2 to 5 years. Do note that past performance is no guarantee of future performance, further their are several other factors to consider when deciding on a KiwiSaver fund that is right for you including:
Social and environmental responsibility
Mobile phone app offering
New Zealand owned and operated
Customer service
And several more features
If you want to know if your KiwiSaver fund is both being maximised and suitable for your personal situation, follow the link below to our KiwiSaver advice page. The page contains a link to our fact find only takes 5 minutes to complete, and once you have finished we will provide you with a free no-obligation KiwiSaver recommendation.
Moderate fund category top performers
Aon Russell Lifepoints Moderate: 7.3% (five year average return)
BNZ Moderate: 6.9% (five year average return)
Aon Russell Lifepoints 2025: 6.8% (five year average return)
What difference would this make to my KiwiSaver?
The industry average return for Moderate fund types over the most recent 5 years was 5.9%.
What are the fees compared to industry average?
KiwiSaver fees are typically calculated as a % of your total balance. The majority of KiwiSaver funds also charge a fixed admin fee, however this is relatively small and consistent across varying KiwiSaver schemes. Please note that all returns stated are net of fees (returns after fees, before tax).
Industry Average for Moderate Funds fees = 0.89%
Aon Russell Lifepoints Moderate Fund fees = 1.06%
Aon Russell Lifepoints Moderate Fund Description
The Aon Russell Lifepoints Moderate Fund description was obtained directly from Aon Russels most recent quarterly update.
The Fund’s objective is to produce returns in excess of inflation by investing with a higher allocation to income assets than growth assets with a suggested investment timeframe of 5 years.
Aon Russell Lifepoints Moderate Fund Asset Allocation
To find Aon Russell’s target asset allocation percentages for their Moderate Fund as of March 2021, hover over each of the graphs elements.
Thinking about the Aon Russell Lifepoints Moderate Fund?
The Aon Russell Lifepoints Moderate Fund is suitable for investors who are looking to withdraw their fund in the next 3 to 7 years. Do note that past performance is no guarantee of future performance, further their are several other factors to consider when deciding on a KiwiSaver fund that is right for you including:
Social and environmental responsibility
Mobile phone app offering
New Zealand owned and operated
Customer service
And several more features
If you want to know if your KiwiSaver fund is both being maximised and suitable for your personal situation, follow the link below to our KiwiSaver advice page. The page contains a link to our fact find only takes 5 minutes to complete, and once you have finished we will provide you with a free no-obligation KiwiSaver recommendation.
Balanced fund category top performers
Milford Balanced: 9.8% (five year average return)
AON Russell Lifepoints Balanced: 9.1% (five year average return)
Fisher Two Balanced: 8.8% (five year average return)
What difference would this make to my KiwiSaver?
The industry average return for Balanced fund types over the most recent 5 years was 8.2%*.
What are the fees compared to industry average?
KiwiSaver fees are typically calculated as a % of your total balance. The majority of KiwiSaver funds also charge a fixed admin fee, however this is relatively small and consistent across varying KiwiSaver schemes. Please note that all returns stated are net of fees (returns after fees, before tax).
Industry Average for Balanced Funds fees = 1.01%
Milford Balanced Fund fees = 1.28%
Milford Balanced Fund Description
The Milford Balanced Fund description was obtained directly from Milfords most recent quarterly update.
The Fund’s objective is to provide capital growth after the base fund fee but before tax and before the performance fee, over the minimum recommended investment timeframe of five years. It is a diversified fund that primarily invests in equities, with a significant allocation to fixed interest securities.
Milford Balanced Fund Asset Allocation
To find Milford’s target asset allocation percentages for their Balanced Fund as of March 2021, hover over each of the graphs elements.
Thinking about the Milford Balanced Fund?
The Milford Balanced Fund is suitable for investors who are looking to withdraw their fund in the next 5 to 10 years. Do note that past performance is no guarantee of future performance, further their are several other factors to consider when deciding on a KiwiSaver fund that is right for you including:
Social and environmental responsibility
Mobile phone app offering
New Zealand owned and operated
Customer service
And several more features
If you want to know if your KiwiSaver fund is both being maximised and suitable for your personal situation, follow the link below to our KiwiSaver advice page. The page contains a link to our fact find only takes 5 minutes to complete, and once you have finished we will provide you with a free no-obligation KiwiSaver recommendation.
Growth FUND CATEGORY TOP PERFORMERS
Milford Active Growth: 12.0% (five year average return)
Aon Milford: 11.9% (five year average return)
Fisher Growth: 11.7% (five year average return)
What difference would this make to my KiwiSaver?
The industry average return for Growth fund types over the most recent 5 years was 9.8%*.
What are the fees compared to industry average?
KiwiSaver fees are typically calculated as a % of your total balance. The majority of KiwiSaver funds also charge a fixed admin fee, however this is relatively small and consistent across varying KiwiSaver schemes. Please note that all returns stated are net of fees (returns after fees, before tax).
Industry Average for Growth Funds fees = 1.05%
Milford Active Growth Fund fees = 1.06%
Milford Active Growth Fund Description
The Milford Active Growth Fund description was obtained directly from Milford's most recent quarterly update.
The fund aims to provide annual returns of 10% over at least 5 years, and is a medium to high risk investment. It provides a diversified exposure to primarily equities and moderate allocation to fixed interest securities.
Milford Active Growth Fund Asset Allocation
To find Milford’s target asset allocation percentages for their Growth Fund as of 31 March 2021, hover over each of the graphs elements.
Thinking about the Milford Active Growth Fund?
The Milford Active Growth Fund is suitable for investors who are looking to withdraw their fund in the next 5 to 15 years. Do note that past performance is no guarantee of future performance, further their are several other factors to consider when deciding on a KiwiSaver fund that is right for you including:
Social and environmental responsibility
Mobile phone app offering
New Zealand owned and operated
Customer service
And several more features
If you want to know if your KiwiSaver fund is both being maximised and suitable for your personal situation, follow the link below to our KiwiSaver advice page. The page contains a link to our fact find only takes 5 minutes to complete, and once you have finished we will provide you with a free no-obligation KiwiSaver recommendation.
aggressive FUND CATEGORY TOP PERFORMERS
Booster Geared Growth Fund: 14.7% (five year average return)
Booster SRI High Growth: 12.3% (five year average return)
Generate Focused Growth: 12.1% (five year average return)
What difference would this make to my KiwiSaver?
The industry average return for Aggressive fund types over the most recent 5 years was 11.3%*.
What are the fees compared to industry average?
KiwiSaver fees are typically calculated as a % of your total balance. The majority of KiwiSaver funds also charge a fixed admin fee, however this is relatively small and consistent across varying KiwiSaver schemes. Please note that all returns stated are net of fees (returns after fees, before tax).
Industry Average for Aggressive Funds fees = 1.22%
Booster Geared Growth Fund fees = 1.68%
Booster Geared Growth Fund Description
The Booster Geared Growth Fund description was obtained directly from Boosters most recent quarterly update.
The Fund’s objective is to invest predominantly in growth assets, with little or no income assets and may borrow to leverage up the total exposure to equities. It is suited to investors who are comfortable with a high level of risk in order to potentially achieve higher returns. Further, the Geared Growth Fund is designed to enable long-term savers to gain the benefits of a leveraged (or geared) exposure to growth assets (e.g. shares) through borrowing. Gearing simply means borrowing money to invest. The Geared Growth Fund increases the effective size of your invested funds by purchasing additional investments with borrowed funds. This magnifies the returns for the investor, both up and down. This is best illustrated through a hypothetical example. Using the Geared Growth Fund’s target gearing ratio of 35% and if the underlying investments were to increase by 10%, an investor in the Geared Growth Fund would receive a 13.5% return. While if the underlying investments were to fall by 10%, the balance of an investor in the Geared Growth would fall by 13.5%. The investment timeframe is suited for those looking to withdraw in over 10 years.
Booster Geared Growth Fund Asset Allocation
To find Booster’s target asset allocation percentages for their Geared Growth Fund as of March 2021, hover over each of the graphs elements.
Thinking about the Booster Geared Growth Fund?
The Booster Geared Growth Fund is suitable for investors who are looking to withdraw their fund in over 10 years. Do note that past performance is no guarantee of future performance, further their are several other factors to consider when deciding on a KiwiSaver fund that is right for you including:
Social and environmental responsibility
Mobile phone app offering
New Zealand owned and operated
Customer service
And several more features
If you want to know if your KiwiSaver fund is both being maximised and suitable for your personal situation, follow the link below to our KiwiSaver advice page. The page contains a link to our fact find only takes 5 minutes to complete, and once you have finished we will provide you with a free no-obligation KiwiSaver recommendation.
*Please note that all graphs depicting projections use a $10,000 starting balance, with compounding interest at the rates stated. They exclude any further contributions (such as your employee, employer or Government contributions).