How to choose a fund.

To make the most of your KiwiSaver investment, you’ll need to understand how funds work and think about which fund works best for your life stage.  When comparing our funds below, ask yourself these two simple questions:

Compare our funds.

Fee1 The annual fund charge is based on the balance you have invested in a fund.

Return2 Average yearly return is over five years, after deducting the annual fund charge and tax at the highest PIR (tax rate), to 31 March 2024. Five year returns are not available for the Default Balanced Fund as it launched on 1 December 2021. Past performance is not a reliable indication of future performance. Future returns for any fund will vary and may be negative at times, which means your balance can be less than what you invested.

Risk3 Indicates how much the relevant Westpac KiwiSaver Scheme fund might go up and down in value (volatility). With more risk comes the potential for greater returns over time. Find out more about how the risk indictor is calculated in the Product Disclosure Statement for the Westpac KiwiSaver Scheme.

Need help choosing a fund?

The Westpac KiwiSaver Scheme Fund Chooser will recommend a fund for you based on when you want to use your money for your first home or when you turn 65.

Join or transfer.

Westpac customer with digital banking

Login to Westpac One® digital banking to apply to join the Westpac KiwiSaver Scheme.

Join now

New to Westpac or don't have digital banking

Download and complete the form at the end of the Product Disclosure Statement. Then return it to us by mail or drop it into any Westpac branch.

Download the form

Talk to a KiwiSaver Specialist

Simply call us weekdays between 8.30am and 5pm on NZ: 0508 972 254. If calling from overseas: +64 9 375 9978 (international toll charges apply).


Email us

Send us an email and we’ll typically respond within 48 hours.

Already a Westpac KiwiSaver Scheme member?

It's easy to switch funds and change contribution rate in Westpac One® digital banking. If you don't have Westpac One with us, register now then switch funds online. Or download and complete the switch funds form.

Quick help.

Things you should know.

The material on this website is provided for general purposes only and is not a recommendation or opinion in relation to the Westpac KiwiSaver Scheme. You should not rely solely on the information on this website.

BT Funds Management (NZ) Limited is the scheme provider and Westpac New Zealand Limited is a distributor, of the Westpac KiwiSaver Scheme (Scheme).

The information above is subject to changes to government policy and law, and changes to the Scheme from time to time.

Investments made in the Scheme do not represent bank deposits or other liabilities of Westpac Banking Corporation ABN 33 007 457 141, Westpac New Zealand Limited or other members of the Westpac Group of companies. They are subject to investment and other risks, including possible delays in payment of withdrawal amounts in some circumstances, and loss of investment value, including principal invested. None of BT Funds Management (NZ) Limited (as manager), any member of the Westpac Group of companies, The New Zealand Guardian Trust Company Limited (as supervisor), or any director or nominee of any of those entities, or any other person guarantees the Scheme's performance, returns or repayment of capital.

For a copy of the Product Disclosure Statement or more information about the Scheme, contact any Westpac branch or call 0508 972 254 or from overseas +64 9 375 9978 (international toll charges apply). You can also download the Product Disclosure Statement.