BNZ KiwiSaver Growth Fund
BNZ Kiwisaver Growth Fund is a growth KiwiSaver fund managed by BNZ. It has 54,651 members and holds $2.0 billion. It opened in 2013.
Fees and returns
- Annual fee
- 0.45% of your balance each year
- Return over 1 year
- +9.7% a year
- Return over 3 years
- +10.0% a year
- Return over 5 years
- +5.6% a year
Figures are after fees and tax, as at Q3 2026, sourced from the FMA Disclose Register.
How it compares
Over the last five years this fund returned +5.6% a year. The median for mainstream growth funds over the same period was +5.0% a year, across 28 funds. This fund is ahead of that median, by 0.6 percentage points.
What it invests in
International equities 53%, australasian equities 27%, international fixed interest 13%, new zealand fixed interest 6%.
Largest holdings
- Fisher & Paykel Healthcare Ltd 4.36%
- Infratil Ltd 2.66%
- NVIDIA Corp 2.57%
Year by year
| Financial year | Return |
|---|---|
| 2025/26 | +9.7% |
| 2024/25 | +6.1% |
| 2023/24 | +14.4% |
| 2022/23 | −2.4% |
| 2021/22 | +1.2% |
| 2020/21 | +23.0% |
| 2019/20 | +0.1% |
| 2018/19 | +6.6% |
| 2017/18 | +8.7% |
| 2016/17 | +11.0% |
About this fund
The BNZ KiwiSaver Growth Fund invests mostly in growth assets — international and Australasian shares — with a modest income allocation. It aims for higher returns over a suggested minimum of ten years. It has an annual fund charge of 0.45%.