Investnow KiwiSaver Scheme: funds, fees and returns
Run by Fundrock NZ Limited
The Investnow KiwiSaver Scheme is a KiwiSaver scheme run by Fundrock NZ Limited. It has 45 open funds on the Disclose Register, in the defensive, conservative, balanced, growth and aggressive categories, with annual fund charges of 0.03% to 1.38%. This page explains each fund using what the provider has disclosed, with the Morningstar return where there is one. It is general information, not a recommendation to join or switch.
- Open funds
- 45Listed on the Disclose Register
- Annual fund charge
- 0.03% to 1.38%Total, as a share of the amount invested
- Risk indicators
- 2 to 6 of 7Disclosed by the provider
- Combined fund size
- $778.9 millionAcross the open funds listed here
Every open fund in the Investnow KiwiSaver Scheme
Funds are listed from lowest to highest risk category, then by name. That is an order of risk, not of merit. A fund's own page is linked where Cam has built one.
| Fund | Category | Risk indicator | Annual fund charge | Fund size | Morningstar return |
|---|---|---|---|---|---|
| Investnow Macquarie NZ Cash Fund | Defensive | 2 of 7 | 0.34% | $8.5 million | 3.6% (5-year) |
| Investnow Castle Point 5 Oceans Fund | Conservative | 3 of 7 | 1.16% | $352,087 | 5.3% (5-year) |
| Investnow Fisher Funds Conservative Fund | Conservative | 4 of 7 | 0.93% | $1.5 million | 6.1% (3-year) |
| Investnow Harbour NZ Core Fixed Interest Fund | Conservative | 3 of 7 | 0.66% | $1.1 million | 2.1% (5-year) |
| Investnow Hunter Global Fixed Interest Fund | Conservative | 4 of 7 | 0.53% | $6.6 million | 0.5% (5-year) |
| Investnow Macquarie NZ Fixed Interest Fund | Conservative | 3 of 7 | 0.64% | $561,609 | 1.6% (5-year) |
| Investnow Mercer Responsible Hedged Global Fixed Interest Index Fund | Conservative | 4 of 7 | 0.44% | $1.0 million | -0.6% (5-year) |
| Investnow Milford Conservative Fund | Conservative | 3 of 7 | 0.85% | $6.6 million | 3.3% (5-year) |
| Investnow Russell Investments Global Fixed Interest Fund | Conservative | 4 of 7 | 0.58% | $452,646 | -0.6% (5-year) |
| Investnow Russell Investments NZ Fixed Interest Fund | Conservative | 3 of 7 | 0.48% | $2.3 million | 1.7% (5-year) |
| Investnow Foundation Series Balanced Fund | Balanced | 4 of 7 | 0.38% | $17.9 million | 6.6% (5-year) |
| Investnow Mercer Responsible Balanced Fund | Balanced | 4 of 7 | 1.25% | $772,794 | 4.7% (5-year) |
| Investnow Milford Balanced Fund | Balanced | 4 of 7 | 1.15% | $33.8 million | 5.7% (5-year) |
| Investnow Mint Diversified Income Fund | Balanced | 4 of 7 | 1.01% | $9.3 million | 2.0% (5-year) |
| Investnow Fisher Funds Growth Fund | Growth | 4 of 7 | 1.04% | $14.7 million | 8.7% (3-year) |
| Investnow Foundation Series Growth Fund | Growth | 4 of 7 | 0.38% | $47.0 million | 8.5% (5-year) |
| Investnow Harbour Balanced Growth Fund | Growth | 4 of 7 | 1.04% | $1.6 million | None reported |
| Investnow Milford Active Growth Fund | Growth | 4 of 7 | 1.05% | $80.8 million | 10.4% (3-year) |
| Investnow Mint Diversified Growth Fund | Growth | 5 of 7 | 1.21% | $6.0 million | 2.1% (5-year) |
| Investnow Pathfinder Ethical Growth Fund | Growth | 4 of 7 | 1.37% | $7.7 million | 6.4% (5-year) |
| Investnow Salt Capital Growth Fund | Growth | 4 of 7 | 1.09% | $6.8 million | None reported |
| Investnow Smart Growth Fund | Growth | 4 of 7 | 0.51% | $9.6 million | 13.1% (3-year) |
| Investnow Antipodes Global Value Fund | Aggressive | 4 of 7 | 0.99% | $11.4 million | 20.0% (3-year) |
| Investnow Castle Point Trans-Tasman Fund | Aggressive | 5 of 7 | 1.07% | $464,209 | 0.8% (5-year) |
| Investnow Clarity Global Shares Fund | Aggressive | 5 of 7 | 1.06% | $6.5 million | 16.2% (5-year) |
| Investnow Foundation Series Global ESG Fund | Aggressive | 5 of 7 | 0.10% | $2.0 million | Not yet available |
| Investnow Foundation Series Hedged Total World Fund | Aggressive | 5 of 7 | 0.06% | $33.2 million | Not yet available |
| Investnow Foundation Series Hedged US 500 Fund | Aggressive | 6 of 7 | 0.03% | $12.9 million | Not yet available |
| Investnow Foundation Series High Growth Fund | Aggressive | 5 of 7 | 0.37% | $10.3 million | Not yet available |
| Investnow Foundation Series Nasdaq-100 Fund | Aggressive | 6 of 7 | 0.15% | $15.0 million | Not yet available |
| Investnow Foundation Series Total World Fund | Aggressive | 5 of 7 | 0.06% | $219.2 million | 22.7% (3-year) |
| Investnow Foundation Series US 500 Fund | Aggressive | 5 of 7 | 0.03% | $84.9 million | 23.6% (3-year) |
| Investnow Foundation Series US Dividend Equity Fund | Aggressive | 5 of 7 | 0.06% | $1.7 million | Not yet available |
| Investnow Generate Focused Growth Fund | Aggressive | 5 of 7 | 1.35% | $13.0 million | 15.3% (3-year) |
| Investnow Harbour Australasian Equity Focus Fund | Aggressive | 5 of 7 | 1.21% | $1.5 million | -1.0% (5-year) |
| Investnow Harbour T. Rowe Price Global Equity Fund | Aggressive | 5 of 7 | 1.21% | $11.6 million | 8.6% (5-year) |
| Investnow Mercer All Country Global Shares Index Fund | Aggressive | 5 of 7 | 0.50% | $23.5 million | 11.9% (5-year) |
| Investnow Mercer Global Listed Real Estate Fund | Aggressive | 6 of 7 | 1.38% | $424,989 | None reported |
| Investnow Mercer NZ Shares Passive Fund | Aggressive | 5 of 7 | 0.38% | $3.5 million | 1.9% (5-year) |
| Investnow Milford Aggressive Fund | Aggressive | 5 of 7 | 1.15% | $10.7 million | Not yet available |
| Investnow Mint Australasian Equity Fund | Aggressive | 5 of 7 | 1.19% | $1.1 million | 1.2% (5-year) |
| Investnow Russell Investments Global Shares Fund | Aggressive | 4 of 7 | 0.87% | $5.0 million | 13.5% (5-year) |
| Investnow Russell Investments Hedged Global Shares Fund | Aggressive | 5 of 7 | 0.89% | $1.9 million | 9.2% (5-year) |
| Investnow Salt Enhanced Property Fund | Aggressive | 5 of 7 | 1.01% | $1.9 million | 2.5% (3-year) |
| Investnow Te Ahumairangi Global Equity Fund | Aggressive | 4 of 7 | 0.61% | $42.4 million | 21.0% (3-year) |
Source: the Disclose Register, read on 4 October 2026. Morningstar returns are annualised, after fees and before tax, from the Morningstar KiwiSaver Survey, the three months to 30 June 2026, published 30 July 2026. The risk indicator is the provider's own, on a scale of 1 to 7. Past performance does not guarantee future returns. A fund the Morningstar report does not cover, or covers with under three years of history, has no figure here.
How spread out are the funds?
Each fund page and the directory show how many holdings a fund lists and how much sits in its largest. In this scheme, Investnow Macquarie NZ Cash Fund, Investnow Castle Point 5 Oceans Fund, Investnow Fisher Funds Conservative Fund, Investnow Harbour NZ Core Fixed Interest Fund, Investnow Hunter Global Fixed Interest Fund, Investnow Macquarie NZ Fixed Interest Fund, Investnow Mercer Responsible Hedged Global Fixed Interest Index Fund, Investnow Milford Conservative Fund, Investnow Foundation Series Balanced Fund, Investnow Mercer Responsible Balanced Fund, Investnow Milford Balanced Fund, Investnow Mint Diversified Income Fund, Investnow Fisher Funds Growth Fund, Investnow Foundation Series Growth Fund, Investnow Harbour Balanced Growth Fund, Investnow Milford Active Growth Fund, Investnow Mint Diversified Growth Fund, Investnow Pathfinder Ethical Growth Fund, Investnow Salt Capital Growth Fund, Investnow Smart Growth Fund, Investnow Castle Point Trans-Tasman Fund, Investnow Clarity Global Shares Fund, Investnow Foundation Series Global ESG Fund, Investnow Foundation Series Hedged Total World Fund, Investnow Foundation Series Hedged US 500 Fund, Investnow Foundation Series High Growth Fund, Investnow Foundation Series Nasdaq-100 Fund, Investnow Foundation Series Total World Fund, Investnow Foundation Series US 500 Fund, Investnow Foundation Series US Dividend Equity Fund, Investnow Generate Focused Growth Fund, Investnow Harbour Australasian Equity Focus Fund, Investnow Harbour T. Rowe Price Global Equity Fund, Investnow Mercer All Country Global Shares Index Fund, Investnow Mercer Global Listed Real Estate Fund, Investnow Mercer NZ Shares Passive Fund, Investnow Milford Aggressive Fund, Investnow Mint Australasian Equity Fund and Investnow Salt Enhanced Property Fund have 25% or more of the fund in a single holding. A fund that invests through another fund lists it as one holding, so a small count is not a fault. The risk indicator measures how much a fund's value has moved, not how concentrated it is.
Where the Investnow KiwiSaver Scheme sits in Cam's advice
This scheme is not on Cam's implementation panel. Cam still reviews and compares KiwiSaver providers and funds across the wider New Zealand market, and a recommendation may be to stay with your existing provider, whether or not it is on the panel. See the KiwiSaver provider comparison for the ten schemes he can implement a change through.
Where this comes from
Scheme and fund details are from the Disclose Register (opens in a new tab), read on 4 October 2026. The scheme was registered on 7 September 2020. Returns are from the same Morningstar report as the Morningstar returns comparison. Read the provider's current Product Disclosure Statement before you decide.
A free KiwiSaver session is the way to see how a scheme applies to you. Take the KiwiSaver Health Check if you want a first look.
← All KiwiSaver providers · Search every fund in the directory