Simplicity is NZ’s nonprofit KiwiSaver manager, charging members low, low fees. The savings really add up. We call it the Simplicity Difference.
Our Conservative, Balanced and Growth funds all charge the same low fee - 0.31% p.a., or $3.10 for every $1000 invested.
The fee savings we call the Simplicity Difference. Find yours below.
* Average growth funds fee of 1.00%
Okay, got it
* Average growth funds fee of 1.16%
Okay, got it
* Average growth funds fee of 1.29%
Okay, got it
The Default Fund (like the Balanced Fund) provides investors with an exposure to a mix of growth investments (eg. Shares) and income earning investments.
The Conservative Fund provides investors with a limited exposure to growth assets, with most of its investments in income earning investments like fixed interest.
The Balanced Fund provides investors with an exposure to a mix of growth investments (eg. Shares) and income earning investments.
The Growth Fund provides investors with a limited exposure to income assets, with most of its investments are in growth assets (eg. Shares).
||1 Month||3 Months||1 Year||2 Years Annualised||3 Years Annualised||5 Years Annualised|
|KiwiSaver Growth Fund||-0.58%||0.61%||-3.98%||0.89%||4.67%||6.10%|
|KiwiSaver Balanced Fund||-0.95%||0.18%||-5.02%||-0.91%||2.36%||4.57%|
|KiwiSaver Conservative Fund||-1.38%||-0.47%||-6.60%||-3.58%||-1.47%||1.94%|
|KiwiSaver Default Fund||-0.95%||0.20%||-5.10%|
* These returns are to 28-02-2023 and are before tax and after fund management fees. Past performance is not necessarily an indicator of future performance and return periods may differ.
Yes, it is easy to switch funds. Just log on to your Simplicity account and click on the Switch tab.
There is no cost to switch funds. We do recommend you do some research first. Our Fund Selector can help or check out Sorted.org.nz
Currently, you can only have one fund type with Simplicity KiwiSaver.
We don't have a membership fee, we only charge a management fee.
Every diversified fund has the same annual management fee: $3 for every $1000 invested (0.30%). In our Product Disclosure Statement (PDS) we show an additional 0.01% as an estimate of any additional charges incurred within the Vanguard funds we invest into.
Although this is an annual management fee it is calculated and charged daily, based on the value of the fund each day.
Make us your employer preferred KiwiSaver provider and we’ll help your employees understand the simple truths about money. Our free online and workplace seminars teach the basics about KiwiSaver and personal finance.
And because we’re a nonprofit there’s no product flogging. Learn more about us here.
See how different fund types and contributions will impact your projected returns.
One central login can give you access to all you, and your family's, accounts.
A complete breakdown of all investments, contributions, fees, taxes and returns.
You're in charge. You can change the funds you're invested in online at no charge.
Grab your IRD number and driver licence or passport, and fill in the form. We’ll do everything else %)