Generate Balanced Fund
Balanced Fund is a balanced KiwiSaver fund managed by Generate. It has 10,527 members and holds $430 million. It opened in 2022.
Fees and returns
- Annual fee
- 1.24% of your balance each year
- Return over 1 year
- +6.2% a year
- Return over 3 years
- +8.0% a year
Figures are after fees and tax, as at Q3 2026, sourced from the FMA Disclose Register.
What it invests in
International equities 41%, new zealand fixed interest 26%, australasian equities 17%, international fixed interest 7%.
Largest holdings
- Nvidia 3.72%
- Te Ahumairangi Global Equity Fund 2.92%
- Microsoft Corp 2.84%
Year by year
| Financial year | Return |
|---|---|
| 2025/26 | +6.2% |
| 2024/25 | +4.1% |
| 2023/24 | +13.7% |
About this fund
The Generate Balanced Fund is an actively managed balanced fund with slightly more growth assets than income, combining international shares, New Zealand fixed interest, Australasian shares and an underlying global equity fund. It has an annual fund charge of 1.24%.