KiwiSaver Three-Year Returns Calculator and Comparison

Our calculator shows the latest three-year returns in dollar terms, so you can see which funds over-performed and under-performed compared to above average across all KiwiSaver funds (listed as Balanced, Moderate or Growth)

Updated 8 February 2021

If I invested $ in a KiwiSaver  

ConservativeBalancedGrowth

 fund three years ago, how has it performed?

Average fund performance $.

Notes:

• Returns are for the three years to 30 October 2020.
• Source of data: Morningstar KiwiSaver Reports.
• Returns do not account for additional sums invested beyond the original amount specified.​
• Our calculator helps you to quickly calculate previous returns in seconds, making financial decisions easier. Frequently asked questions below have been included to help further explain the KiwiSaver options for New Zealanders.

KiwiSaver Returns - Frequently Asked Questions

My fund shows 'below average' returns using the calculator above - should I switch my KiwiSaver?

KiwiSaver is a long-term investment; no fund choice decision should ever be rushed. Additionally, everyone's KiwiSaver situation is unique. Generally, New Zealanders have stayed in long-term underperforming funds out on apathy, unawareness or unwillingness to move. 

We don't provide any form of financial advice. Our view is simple - like any financial decision, if you feel you can get a better return somewhere else, do the research and make an informed decision. Many market-leading and historically high-performing funds are available - this list of our favourite KiwiSaver funds can be a good starting point.

When comparing KiwiSaver funds, what should I consider beyond returns?

Investing in KiwiSaver is a long-term commitment - selecting the right fund can make a significant difference by the time you retire. To compare the options comprehensively, consider:

1. Whether the fund is actively managed or follows an index - our index fund guide explains more about the difference.
2. Three of five years of returns (if available) - our how to choose a KiwiSaver fund goes into further detail.
3. Understand the fees - you'll pay anywhere from between 0.31% and 2.00%+ per year, plus a membership fee, so you need to understand the ongoing costs upfront and be comfortable with them.

How much do I need to contribute to KiwiSaver?

This depends on your financial circumstances, and how much money you want in your retirement. Generally, KiwiSaver contributions compound year after year, so investing $1 when you're 25 years old could be worth $7 by the time you retire.

​We take the view that the majority of New Zealanders are not saving enough for their retirement. This is because KiwiSaver contributions are, for most people, around 6% of their salary whereas in Australia the minimum is 9.50%. Also, balances can be withdrawn to buy a first home, something which is prohibited in Australia.​

Once you retire, it's near-impossible to accumulate more savings without a large investment balance. For this reason, it's a good idea to consider contributing above the minimum to KiwiSaver for long-term benefits.

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Related Guides

• Our Favourite KiwiSaver funds
• How to choose a KiwiSaver fund
• KiwiSaver for Kids