Generate Stepping Stones Growth 0-50
Stepping Stones Growth 0-50 is an aggressive KiwiSaver fund managed by Generate. It has 3,377 members and holds $137 million. It opened in 2016.
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
- +7.0% a year
Figures are after fees and tax, as at Q3 2026, sourced from the FMA Disclose Register.
What it invests in
International equities 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 | −2.3% |
| 2021/22 | +0.8% |
| 2020/21 | +25.7% |
| 2019/20 | −1.3% |
| 2018/19 | +9.4% |
| 2017/18 | +10.8% |
About this fund
Generate Stepping Stones Growth 0–50 is a lifecycle option in Generate's longer-growth pathway, which keeps a higher growth allocation for longer as you age. For this age band it uses the Generate Focused Growth portfolio — predominantly growth assets, actively managed. It has an annual fund charge of 1.27%.