Diversified Funds

GoalsGetter Generate Balanced Fund

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About the fund

The Fund invests in an actively managed portfolio made up of slightly more growth assets than income assets.

Risk Indicator (volatility)

1
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4 Medium to High
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7

Target Asset Allocation

Growth 60.00%
Income 40.00%

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Summary

Generate, a New Zealand-owned KiwiSaver and wealth manager, has grown significantly since its founding in 2012 by Henry Tongue and Sam Goldwater. Known for strong long-term performance and impactful investments, Generate is now one of the larger non-bank KiwiSaver providers. While Tongue oversees non-investment operations as CEO, Goldwater leads investment decisions. The firm partners with financial advisers, contributing to its rapid growth from $700 million in 2017 to over $5 billion today.

 

Performance

GoalsGetter KiwiSaver Scheme
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Performance

at 28 February 2025
One month Three months One year Three years (p.a) Five years (p.a)
Fund performance1 -1.85% -0.25%
Appropriate Market Index (AMI)2 -0.72% 0.46%
  1. Returns are before tax and after the deduction of fees and expenses and including tax credits (if any).
  2. AMI: Bloomberg NZBond Credit 0+ year Index.

Cumulative Returns Since Inception, $10,000 invested

Top 10 Holdings

Security Name Percentage
Generate Balanced Managed Fund 106.82%
Cash and cash equivalents -6.82%