A KiwiSaver plan that's
simply better

Simplicity in NZ’s nonprofit KiwiSaver plan, charging members low, low fees. The savings really add up. We call it the Simplicity difference

Paying
too much?

Because we're a not for profit we only charge what it costs.

Our Conservative, Default, 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.



Annual fees on $50,000 invested in a diversified fund.
Our fee for all funds

* This assumes a 5.33% annual return.
Okay, got it

$170
Average industry fee for Conservative funds

* Average growth funds fee of 1.26%
Okay, got it

$433
Average industry fee for Balanced Funds

* Average growth funds fee of 1.62%
Okay, got it

$508
Average industry fee for Growth Funds

* Average growth funds fee of 1.78%
Okay, got it

$599
Source: This data is sourced from smartinvestor.sorted.org.nz, which shows the average fee for all the funds for the 12 months period that ended 31 March 2021. These fees are updated annually, and may change between reporting periods.

Fund types


Default

The Default Fund (like the Balanced Fund) provides investors with an exposure to a mix of growth investments (eg. Shares) and income earning investments.


Conservative

The Conservative Fund provides investors with a limited exposure to growth assets, with most of its investments in income earning investments like fixed interest.


Balanced

The Balanced Fund provides investors with an exposure to a mix of growth investments (eg. Shares) and income earning investments.


Growth

The Growth Fund provides investors with a limited exposure to income assets, with most of its investments are in growth assets (eg. Shares).


KiwiSaver Scheme Performance

Fund Name
1 Month 3 Months 1 Year 2 Years Annualised 3 Years Annualised 5 Years Annualised
KiwiSaver Growth Fund -3.88% -4.77% -2.43% 9.42% 7.30% 8.44%
KiwiSaver Balanced Fund -3.52% -4.99% -3.98% 5.28% 5.19% 6.34%
KiwiSaver Conservative Fund -2.86% -5.21% -6.35% -1.07% 1.57% 3.18%
KiwiSaver Default Fund -3.57% -5.09%

* These returns are to 30-04-2022 and are before tax and after fund management fees. Past performance is not necessarily an indicator of future performance and return periods may differ.

Our most frequenctly asked KiwiSaver questions

Q How do I join the Simplicity KiwiSaver Scheme?

If you are brand new to KiwiSaver or switching to Simplicity from another provider, joining our scheme takes less than two minutes. You'll need your IRD number and photo ID like a passport and driver's license. To complete an application form click here.

Please be aware if you're joining KiwiSaver for the first time, there's a mandatory three-month holding period for any contributions paid to Inland Revenue by you or your employer. Your contributions will accrue with Inland Revenue during this time and they'll be transferred to your provider after three months for investment.


Q Can I switch funds?

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.


Q How much will I pay in fees?

Every diversified fund has the same annual fee: $3 for every $1000 invested (0.30%). In our Product Disclosure Statement (PDS) we show an additional 0.01% as a conservative estimate of additional charges incurred within the Vanguard funds we invest into.

There are no membership fees, transaction fees or switch fees. See the fees table here.

Please note: If you top up your investment in any fund, you won't be charged an administration fee but will be paying management fees on the full amount invested.


Our member website


Forecasting Tools

See how different fund types and contributions will impact your projected returns.


Linked Accounts

One central login can give you access to all you, and your family's, accounts.


Total Transparency

A complete breakdown of all investments, contributions, fees, taxes and returns.


Easy Switching

You're in charge. You can change the funds you're invested in online at no charge.

Minutes to join

Grab your IRD number and driver licence or passport, and fill in the form. We’ll do everything else %)