Generate Focused Growth Fund
Focused Growth Fund is an aggressive KiwiSaver fund managed by Generate. It has 114,124 members and holds $4.6 billion. It opened in 2013.
Fees and returns
- Annual fee
- 1.27% of your balance each year
- Return over 1 year
- +8.8% a year
- Return over 3 years
- +12.5% a year
- Return over 5 years
- +6.4% 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 +6.4% a year. The median for mainstream aggressive funds over the same period was +6.1% a year, across 13 funds. This fund is ahead of that median, by 0.3 percentage points.
What it invests in
International equities 66%, australasian equities 25%, listed property 6%.
Largest holdings
- Nvidia 5.95%
- Te Ahumairangi Global Equity Fund 4.79%
- Microsoft Corp 4.54%
Year by year
| Financial year | Return |
|---|---|
| 2025/26 | +8.8% |
| 2024/25 | +5.1% |
| 2023/24 | +24.7% |
| 2022/23 | −3.8% |
| 2021/22 | −0.5% |
| 2020/21 | +27.9% |
| 2019/20 | −0.2% |
| 2018/19 | +8.7% |
| 2017/18 | +13.4% |
| 2016/17 | +7.7% |
About this fund
The Generate Focused Growth Fund is an active aggressive fund invested predominantly in growth assets with a minor income allocation. Generate is a New Zealand-owned active manager. It has an annual fund charge of 1.27%.