New Zealand Retail Funds increase NZ$10.4bn in June 2025 Quarter

Retail Managed Funds rose 4.7% in the June quarter to NZ$233.3bn while over the whole of the 2024/25 financial year they finished up 16.4%. The main KiwiSaver and Unit Trusts & Managed Funds markets increased by 14.0% and 21.9% respectively. Other Super was also up 6.3% but Investment Bonds fell 1.7%. All the leading companies saw increases in funds under management with double digit growth rates posted by Milford (31.8%), Simplicity (23.5%), FirstCape (20.4%), ASB (14.5%) and NZX/Smartshares (12.5%).

Gross annual Inflows to June totalled NZ$52.9bn which year on year was up significantly by 23.9%. Most companies saw increased Inflows including in particular Milford (68.9%), ASB (27.6%), FundRock (48.7%), Kernel (84.0%), FirstCape (23.7%) and Booster (27.5%) that all posted some very large jumps. On the other hand the annual Inflows reported by NZX/Smartshares (-11.3%) and ANZ (-14.9%) were both lower.

Source: Plan For Life

Download Media Release: PFL Media Release - New Zealand Jun25