Calculated by comparing average fees charged for KiwiSaver growth funds vs our growth fund.
Assumes growth rate of 6.67%, 6% contributions, PIR of 17.5% and 1% pa salary growth. All calculations are Simplicity estimates.
This example is for illustration purposes only, to show the compounding effect of reduced fees. Actual performance will differ, and no particular return can be promised or guaranteed. Investment in a growth fund may not be appropriate and investors should get financial advice. All figures supplied by Melville Jessup Weaver