Are you looking for the best value KiwiSaver scheme? One that delivers not just the best returns, but all-round value in terms performance, price and features? Then let Canstar’s Outstanding Value KiwiSaver Scheme Awards be your guide.
Fisher Funds | Milford
Congratulations to Fisher Funds and Milford for their award-winning KiwiSaver schemes.
This year, three schemes from the two providers share top honours in our Outstanding Value | KiwiSaver Award:
- Milford KiwiSaver Plan
- Fisher Funds KiwiSaver Plan
- Fisher Funds TWO KiwiSaver Scheme
Canstar 2024’s Outstanding Value KiwiSaver Scheme Awards and Star Ratings credit the providers that deliver the best returns and overall value.
Our KiwiSaver Star Ratings involve a sophisticated and unique methodology. Canstar’s expert research team delves deep and compares the costs, features and performance of KiwiSaver schemes, and rewards the best with our 5-Star seal of approval.
The schemes that perform most strongly across the Conservative, Balanced and Growth investment profiles then earn our top accolade: Outstanding Value KiwiSaver Scheme.
And, importantly, we don’t just look at short-term results. KiwiSaver is a long-term investment. And our research reflects this, rewarding providers for their average returns over the past five years. For this year’s ratings, we cover:
- 20 Providers
- 23 Schemes
- 141 KiwiSaver Funds
Each of the eligible KiwiSaver funds is rated across three main categories:
Performance: Importantly, this covers annual returns, but it also looks at consistency of performance. This means how returns fluctuate year to year – whether they are consistent or vary wildly.
Features: Including the range of investment options offered by a KiwiSaver provider, the financial advice, tools and support provided, and ease of member access.
Price: Annual cost to members, including fees and total fund charges.
Outstanding Value KiwiSaver Awards Find Out More
Canstar’s Best KiwiSaver Funds
Part of choosing a KiwiSaver provider is determining which fund type is best for you, your financial goals and your appetite for risk.
If you’re expecting to make a withdrawal in the near future, it’s recommended that you choose a more balanced fund. This reduces your risk, and the chances of your KiwiSaver balance dropping suddenly just before you access your funds.
However, if you’re just starting on your KiwiSaver journey, a riskier growth fund could help boost your initial investment.
If you are considering changing your fund or risk profile, check out the different funds that earned our top 5-Star ratings for Outstanding Value across the following fund categories:
Best Cash Fund
ANZ KiwiSaver Scheme – Cash Fund
Fisher Funds KiwiSaver Plan – Cash Fund
OneAnswer KiwiSaver Scheme – Cash Fund
Best Conservative Funds
BNZ KiwiSaver Scheme – First Home Buyer Fund
Fisher Funds KiwiSaver Plan – Conservative Fund
Fisher Funds KiwiSaver Plan – Default Conservative Fund
Fisher Funds KiwiSaver Scheme – Conservative Fund
Fisher Funds TWO KiwiSaver Scheme – Conservative Fund
Milford KiwiSaver Plan – Conservative Fund
Best Defensive Fund
Fisher Funds TWO KiwiSaver Scheme – Preservation Fund
GoalsGetter KiwiSaver Scheme – Nikko AM NZ Cash Fund
Best Balanced Funds
BNZ KiwiSaver Scheme – Balanced Fund
Booster KiwiSaver Scheme – Socially Responsible Balanced Fund
Fisher Funds KiwiSaver Plan – Balanced Fund
Fisher Funds TWO KiwiSaver Scheme – Balanced Fund
Milford KiwiSaver Plan – Balanced Fund
Best Growth Funds
Fisher Funds KiwiSaver Plan – Growth Fund
Milford KiwiSaver Plan – Active Growth Fund
Best Aggressive Funds
Booster KiwiSaver Scheme – Socially Responsible High Growth Fund
Fisher Funds TWO KiwiSaver Scheme – Equity Fund
Outstanding Value KiwiSaver Awards Find Out More
Milford: Canstar’s Provider of the Year KiwiSaver 2024
In addition to winning one of our Outstanding Value KiwiSaver awards, for the fifth year in a row, Milford is Canstar’s Provider of the Year KiwiSaver, due to its great returns and the high levels of support and advice it offers its KiwiSaver members.
In awarding Milford Canstar’s top KiwiSaver accolade, our expert research team noted that Milford delivers:
- Market-leading returns
- Great product features, for example its investor app
- High levels of customer support
- A range of investment options to suit all KiwiSaver investors
- Reasonable fee structure
To read more about why Milford is our Provider of the Year, click on the button below.
Provider of the Year | KiwiSaver Find Out More
Compare KiwiSaver Providers with Canstar
If you’re comparing KiwiSaver funds, the comparison table below displays some of the products currently available on Canstar’s database for a KiwiSaver member with a balance of $20,000 in a Growth fund, sorted by Star Rating (highest to lowest), followed by company name (alphabetical) – some may have links to providers’ websites. Use Canstar’s KiwiSaver comparison selector to view a wider range of retirement funds. Canstar may earn a fee for referrals.
To read more about our Outstanding Value KiwiSaver awards click this link. Or to compare KiwiSaver providers, click on the button below.
Compare KiwiSaver providers for free with Canstar!
About the author of this page
This report was written by Canstar’s Editor, Bruce Pitchers. Bruce has three decades’ experience as a journalist and has worked for major media companies in the UK and Australasia, including ACP, Bauer Media Group, Fairfax, Pacific Magazines, News Corp and TVNZ. Prior to Canstar, he worked as a freelancer, including for The Australian Financial Review, the NZ Financial Markets Authority, and for real estate companies on both sides of the Tasman.
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