NZ Funds KiwiSaver Scheme: funds, fees and returns
Run by New Zealand Funds Management Limited
The NZ Funds KiwiSaver Scheme is a KiwiSaver scheme run by New Zealand Funds Management Limited. It has 4 open funds on the Disclose Register, in the balanced and growth categories, with annual fund charges of 0.00% to 2.01%. 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
- 4Listed on the Disclose Register
- Annual fund charge
- 0.00% to 2.01%Total, as a share of the amount invested
- Risk indicators
- 4 to 6 of 7Disclosed by the provider
- Combined fund size
- $1.36 billionAcross the open funds listed here
Every open fund in the NZ Funds 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 |
|---|---|---|---|---|---|
| Balanced Fund | Balanced | 4 of 7 | 0.00% | $17.0 million | None reported |
| Income Strategy | Balanced | 4 of 7 | 1.12% | $157.2 million | None reported |
| Growth Strategy | Growth | 6 of 7 | 2.01% | $955.3 million | None reported |
| Inflation Strategy | Growth | 5 of 7 | 1.42% | $225.9 million | None reported |
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, Balanced Fund has 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 NZ Funds 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 14 October 2016. 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.
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