KiwiSaver in your pocket performance

Fund Your personal
tax rate
Start date End date


Total Funds Under Management: $315,300,000   Members: 46,416 (as at 28 Feb 10)
Compare Our Performance to Other Providers


On this page we provide returns versus benchmark, enabling you to compare the returns of our three KiwiSaver portfolios to their relevant market benchmarks. You can also nominate which tax rate you’re on – 19.5% or 30%. All performance data above is after all taxes, fees and other charges so it truly tracks money in your pocket.

If you’re interested in comparative performance check out this page, which compares GMK returns against similar KiwiSaver providers since 1 October 2007. Sadly “in your pocket” returns data is not available for comparative performance; we have had to use after fees but before tax.

Comparing performance across providers and across time is riddled with problems. So our performance pages have frequently asked questions to help you navigate your way. If you still have a question, feel free to email us.

About benchmarks
A benchmark is a standard against which the performance of your investments is measured. The following are the benchmarks for the three portfolios:
  • Conservative: 40% NZ 90 day bank bill index, 40% NZ Bond index, 5% NZX index, 15% MSCI* index unhedged in NZD terms
  • Balanced: 20% NZ 90 day bank bill index, 20% NZ Bond index, 10% NZX index, 50% MSCI index unhedged in NZD terms
  • Growth: 100% MSCI, unhedged in NZD terms
*Morgan (not that Morgan) Stanley Capital International (MSCI).

The Investment Statement for the Gareth Morgan KiwiSaver Scheme (GMK) is available here
or call 0800 GARETH (0800 465 015)