Generate Stepping Stones 56-60
Stepping Stones 56-60 is a balanced KiwiSaver fund managed by Generate. It has 703 members and holds $38 million. It opened in 2013.
Fees and returns
- Annual fee
- 1.19% of your balance each year
- Return over 1 year
- +5.5% a year
- Return over 3 years
- +7.1% a year
- Return over 5 years
- +4.0% a year
Figures are after fees and tax, as at Q3 2026, sourced from the FMA Disclose Register.
What it invests in
New zealand fixed interest 34%, international equities 33%, australasian equities 14%, international fixed interest 9%.
Largest holdings
- Nvidia 3.1%
- NZD Total Cash at Bank 2.61%
- Microsoft Corp 2.4%
Year by year
| Financial year | Return |
|---|---|
| 2025/26 | +5.5% |
| 2024/25 | +4.1% |
| 2023/24 | +11.8% |
| 2022/23 | −1.1% |
| 2021/22 | +0.2% |
| 2020/21 | +14.2% |
| 2019/20 | +1.0% |
| 2018/19 | +7.3% |
| 2017/18 | +5.8% |
| 2016/17 | +2.6% |
About this fund
Generate Stepping Stones 56–60 is a lifecycle option that automatically adjusts your fund mix as you age. For this age band it sits between Generate's Balanced and Moderate settings, stepping growth exposure down. It has an annual fund charge of 1.19%.