Generate expands investment options with 6 new funds

"Kiwis are becoming more financially savvy and are seeking investment options that support their long-term goals without the complexity of managing investments themselves. These new funds provide greater variety, strategic diversification, and access to expert fund managers," Generate chief executive Henry Tongue says.

Generate is creating new KiwiSaver versions of their Australasian and Thematic Funds, previously available only as managed funds.

"Investors in our Thematic Managed Fund have been asking to allocate part of their KiwiSaver investment to this strategy,” Tongue says. "Our members also told us they wanted more choice, so we listened. These new Generate KiwiSaver funds are all about giving them more options to invest in a way that suits their long-term goals.”

In addition, Generate is launching a new Global Fund for KiwiSaver investors. This high-growth, aggressive fund will invest in 40–50 equities across sectors and geographies, focusing on high-quality companies, strong growth opportunities, and undervalued equities, including well-known companies like Amazon and lesser-known companies such as Western Alliance Bancorp.