Generate Stepping Stones 65-75
Stepping Stones 65-75 is a conservative KiwiSaver fund managed by Generate. It has 357 members and holds $16 million. It opened in 2022.
Fees and returns
- Annual fee
- 1.11% of your balance each year
- Return over 1 year
- +4.0% a year
- Return over 3 years
- +5.5% 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 50%, international equities 19%, international fixed interest 13%, australasian equities 9%.
Largest holdings
- NZD Total Cash at Bank 3.25%
- Housnz 24/04/2030 2.183 2.77%
- Housnz 10/09/2035 1.534 2.01%
Year by year
| Financial year | Return |
|---|---|
| 2025/26 | +4.0% |
| 2024/25 | +4.2% |
| 2023/24 | +8.3% |
About this fund
Generate Stepping Stones 65–75 is a lifecycle option that automatically adjusts your fund mix as you age. For this age band it is income-heavy and led by New Zealand fixed interest, with more growth exposure than the 76+ stage. It has an annual fund charge of 1.11%.