Provider · broker-grade review
WESTPAC KiwiSaver
WESTPAC KIWISAVER SCHEME
- Funds in scheme
- 8
- Funds under management
- $13.00B
- Fee range
- 0.25–0.70%
- Best 5-yr return
- 5.98%
Returns are annualised, after fees and 28% PIR, sourced from Sorted Smart Investor (as at Q1 2026). Past performance is not a reliable indicator of future performance. General information only, not personalised advice.
The Smiths take
What we know about WESTPAC KiwiSaver
- →WESTPAC runs 8 KiwiSaver funds across 3 risk bands. covering Conservative, Balanced and Growth.
- →Total annual fees range from 0.25% to 0.70% depending on the fund.
- →Best 5-yr annualised return in the scheme is 5.98% (after fees & 28% PIR).
- →Includes at least one government-designated default KiwiSaver fund.
- →Scheme manages $13.00B in total.
Smiths' top picks from WESTPAC
The 3 WESTPACfunds we'd look at first
- #1
- #2
- #3
Every fund in the scheme
All 8 WESTPAC KiwiSaver funds
Conservative · 2 funds
Cash Fund
Default fund2.58% 5y0.25% feesReview →Defensive Conservative Fund
Default fund2.46% 5y0.40% feesReview →
Balanced · 4 funds
Balanced Fund
Default fund4.79% 5y0.50% feesReview →Moderate Fund
Default fund3.57% 5y0.40% feesReview →Conservative Fund
Default fund2.61% 5y0.40% feesReview →Default Balanced Fund
Default fund-0.40% feesReview →
Growth · 2 funds
Growth Fund
Default fund5.98% 5y0.55% feesReview →High Growth Fund
Default fund-0.70% feesReview →
Should you be in WESTPAC?
We compare WESTPAC against every other NZ provider.
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Our directory covers every NZ KiwiSaver fund. Our advice panel is five schemes (ANZ, Booster, Fisher Funds, Generate, Milford); recommendations land on four funds across Milford and Booster — how we're paid →