Generate Stepping Stones 61-64
Stepping Stones 61-64 is a balanced KiwiSaver fund managed by Generate. It has 486 members and holds $28 million. It opened in 2013.
Fees and returns
- Annual fee
- 1.14% of your balance each year
- Return over 1 year
- +4.7% a year
- Return over 3 years
- +6.2% a year
- Return over 5 years
- +3.5% 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 42%, international equities 25%, australasian equities 12%, international fixed interest 11%.
Largest holdings
- NZD Total Cash at Bank 3.35%
- Nvidia 2.48%
- Housnz 24/04/2030 2.183 2.35%
Year by year
| Financial year | Return |
|---|---|
| 2025/26 | +4.7% |
| 2024/25 | +4.0% |
| 2023/24 | +9.9% |
| 2022/23 | −1.0% |
| 2021/22 | +0.1% |
| 2020/21 | +12.8% |
| 2019/20 | +1.3% |
| 2018/19 | +7.1% |
| 2017/18 | +5.2% |
| 2016/17 | +2.2% |
About this fund
Generate Stepping Stones 61–64 is a lifecycle option that automatically adjusts your fund mix as you age. For this age band it uses the Generate Moderate portfolio — slightly more income than growth, actively managed. It has an annual fund charge of 1.14%.