KiwiSaver funds deliver record returns as global stock markets surge in 2025
KiwiSaver investors witnessed robust returns by the end of 2025, with several providers leading in distinct finance categories. The year concluded on a positive note, as both local and global stock markets contributed to solid growth.
For the final quarter of 2025, Simplicity led the rankings in growth, conservative, and balanced funds. Over the full year, Westpac topped the charts in growth and balanced categories, returning 12.8% and 11% respectively. AMP secured first place in moderate funds with a 9.5% return.
Over a three-year period, the median KiwiSaver growth fund achieved 13.3% annually, while balanced and conservative funds returned 10.9% and 7.4% per year. The median balanced fund saw a 1.7% gain for the quarter and 9.8% for the year.
Long-term performance also shone, with Milford attaining the highest 10-year returns in growth (10.2%) and balanced (8.1%) funds. ASB performed best in conservative funds over the year, posting a 7.6% return.
Global markets played a pivotal role in these results. Developed economies, particularly Japan and the UK, drove strong equity performance. Meanwhile, the MSCI Emerging Markets Index surged by 30%, outpacing the Nasdaq's 20% gain for the year.
The 2025 results underscore steady growth across KiwiSaver funds, with top performers emerging in different risk categories. Investors profited from both local and international stock market gains, bolstering confidence in long-term savings strategies.
