As a nonprofit we work hard to keep our fees low, so you keep more of your money. For every $1,000 invested our diversified funds charge $2.90, the Hedged Global Share Fund, Unhedged Global Share Fund and Hedged Global Bond Fund charge $1.50, and the NZ Share and Bond Funds charge $1.
| Total annual fund fees |
|
All diversified funds (KiwiSaver and Investment Funds) |
0.29% (i.e. $2.90 in every $1000) |
Hedged Global Share Fund, Unhedged Global Share Fund and Hedged Global Bond Fund. |
0.15% (i.e. $1.50 in every $1000) |
NZ Share and Bond Funds |
0.10% (i.e. $1 in every $1000) |
Simplicity is on a mission to keep fees low. We removed annual member fees for investors under the age of 18 in 2018, and the following year moved to a single member fee regardless of the number of funds held by an investor. In 2020 the membership fee was reduced by $10, and this fee was eliminated for all members in December 2021. On 1 April 2023, the total fund charges on all our non-default KiwiSaver and diversified Investment Funds dropped from 0.31% to 0.30% and on 28 April 2023 they dropped further to 0.29%. This was our sixth fee cut in five years.