Simplicity takes KiwiSaver's first-past-the-post honours in Dec Qtr
The $2.85 billion Simplicity growth fund delivered 2.9% in the latest three months, significantly outpacing the 2% median return of the 14 growth funds in the MJW survey. The Simplicity fund ranked fifth for the year with a 12.1% return, first over three years with annual returns of 15.7% and second over five years with annual returns of 8.2% - Simplicity hasn't been around yet to figure in the 10-year performance table where first place was taken by Milford with annual returns averaging 10.2% over that decade out of 13 funds.
Runner-up was Westpac's $3.57 billion growth fund with a 2.5% quarterly return and it took first place for the year with a 12.8% return.
The quarter's worst performing growth fund was Fisher's $4.32 billion fund which produced a 0.8% return for the three months. This Fisher fund was also the worst performer for calendar 2025 with a 5.2% return. It was nineth over three years with 12.1% annual returns but in 14th place again over five years with average annual returns of 5.9%. Over 10 years, it was in sixth place with average annual returns of 8.5%.
Simplicity's $813 million balanced fund returned 2.1% in the latest quarter compared with the median 1.7% return from the 15 balanced funds in the MJW survey. However, for calendar 2025, Simplicity's fund ranked eighth with a 9.7% return.
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