Westpac Growth Fund
Growth Fund is a growth KiwiSaver fund managed by Westpac. It has 115,499 members and holds $3.4 billion. It opened in 2007.
Fees and returns
- Annual fee
- 0.55% of your balance each year
- Return over 1 year
- +10.7% a year
- Return over 3 years
- +9.6% a year
- Return over 5 years
- +4.9% 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 +4.9% a year. The median for mainstream growth funds over the same period was +5.1% a year, across 28 funds. This fund is behind that median, by 0.2 percentage points.
What it invests in
International equities 52%, australasian equities 22%, international fixed interest 11%, new zealand fixed interest 7%.
Largest holdings
- Cash and cash equivalents 3.28%
- NVIDIA Corporation 2.78%
- Fisher & Paykel Healthcare Ltd 2.63%
Year by year
| Financial year | Return |
|---|---|
| 2025/26 | +10.7% |
| 2024/25 | +5.3% |
| 2023/24 | +13.1% |
| 2022/23 | −3.6% |
| 2021/22 | +0.1% |
| 2020/21 | +27.0% |
| 2019/20 | −4.3% |
| 2018/19 | +6.8% |
| 2017/18 | +9.5% |
| 2016/17 | +6.6% |
About this fund
The Westpac Growth Fund is a diversified growth fund invested primarily in growth assets — mainly international and Australasian shares — with a smaller income allocation. It uses BT Funds' blended active and passive approach, managed under a responsible-investment policy. It has operated since 2007 and carries an annual fund charge of 0.55%.