Generate KiwiSaver has amassed more than $100 million in funds under management.
The scheme announced yesterday that it had passed the milestone.
Generate’s chief executive Henry Tongue said: “This is a huge milestone for our company as it signals to the market that we are here to stay. It is another high point for us in a year in which we were awarded the Investment Provider of the Year by the PAA, we had the top performing KiwiSaver funds in the Diversified Growth and Conservative sectors for the year to July 31, 2015 and were rated first for services by Sorted.org.nz in Q1 of 2015. We will be working hard to continue to provide our members with the KiwiSaver scheme that they deserve.”
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