Investor only needs to pay the management fee on an individual fund. Some fee information supplied by the fund managers may be estimated rather than actual. GROWTH FUND. Dividends you receive can be reinvested easily – Many of the shares your fund invests in will pay out dividends. Investment Options-- content here ---- Block start --Age Steps. More about Pension Transfer. The whole debate of inner terrain vs. outer terrain goes back at least to the days of Louis Pasteur and Antoine Bechamp in 19th century France, so let’s take a closer look at what happened there to understand where we are now. Fund Platforms are services that offer you access to a variety of different funds to invest in, sometimes described as a “Fund Supermarket”. They not only offer SmartShares ETF in fund format but also provide managed fund and sector fund options for the investor. Juno may be slightly cheaper when your balance gets large (+$200,000), but their active management philosophy doesn’t sit well for me with my kiwisaver- it has to be there in retirement. I compared the fees for the growth funds, taking the membership into account, charged by Simplicity, Superlife, Juno, and my current ANZ fund for different KiwiSaver balances. Those are great options to build your own balanced and diversified portfolio. The best thing people can do is go and have a look at Super Life site and contact them to find out more about how it works if you do not quite understand. This calculates to be $90 per year in extra fees for a KiwiSaver balance of $50,000, and over 25 years that's ~$2,000. The fund has a 0.60% per annum of fund’s net value, and a $30 yearly administration fee for Kiwisaver, and $12 for investments outside of Kiwisaver. I have a strong feeling this has been cleared up before but I can't find any substantial answers. This means that they don’t follow or recreate a benchmark of a sharemarket index- as what Simplicity and Superlife does. KiwiSaver Diversified Growth Fund. ANZ Growth has a 1.10% total investment fee plus a $24 membership fee. I am in SuperLife and have picked my own 4 funds from the list of all of them.In the last year I have had a return of 18% after tax and fees.I am not using any of their standard Kiwisaver funds.It would be good if we could manage and pick what we wanted for our Kiwisaver in the way of funds and shares etc. Mate, there seems to be a small error in the Superlife details. Passive funds: Simplicity itself! Getting your KiwiSaver sorted is one of the most crucial aspects of your personal finance for Kiwis. HIPA.Life - #1 Teach Online | Make Money Online | Work From Home Simplicity They are 100% online and they give 15% of there fee to go to the Simplicity Charitable Trust, which supports other kiwi charities. All of those funds invested in a passive index fund or ETF. New Zealand investors can buy Vanguard ETFs on Australian Stock market. Superlife comes out slightly ahead, thanks to a lower annual administration fee of $12, compared to $18 for Sharesies. Interestingly, even though Smartshares provide many of the index funds, they rarely emerge victorious on a cost basis. Find out if your KiwiSaver fund is in the list. Whoops- Yes you are right- I will correct it. The balanced fund is a hybrid between the conservative fund and the growth fund, offering a midway point for someone looking for higher returns without high risk. They tend to carry lower risk levels and, therefore, are more likely to generate lower levels of return over the long term. In 2018 it was reported that the Simplicity growth fund outperformed all other KiwiSaver growth funds in the six months prior. Discussion about Sharesies vs InvestNow vs SuperLife vs something else? All three of the JUNO KiwiSaver funds invest in shares, and many of these shares will pay dividends. ASB’s range from 0.97% to 1.25% p.a of the value of your investment, while those for SuperLife’s investment funds range from $12 + 0.45% to 0.59%. I use Sharesight to keep track of my share performance and dividends. Investing. If selecting individual funds isn’t your thing then Superlife also offers several complete KiwiSaver funds called Ethica, Income, Conservative, Balanced, Groth, and High Growth. Growth fund type. Superlife comes out slightly ahead, thanks to a lower annual administration fee of $12, compared to $18 for Sharesies. The key change being Simplicity lowering their entry point from $5,000 to $1,000 and lowering their annual administration fee from $30 to $20. No member fee for kids. Fees. And when the financial outlook gets worst their philosophy is to hold more cash until the outlook turns, in which case they aim to buy investments at the bottom of the market, rather than riding out the market as with index fund providers. Superlife 30 will aim to hold around 30% of growth asset and 70% of income asset in the portfolio. Yes, Superlife/Smartshare have many Vanguard funds that they charge much more for than the underlying fund. NZX and ASX funds (top 10, top 50, etc) through Smart Shares Save 4 months when you purchase an annual premium plan. Growth fund type. Milford Conservative vs Morningstar NZ Multi-Sector Conservative Index. Archived. After all, a small change in fee can result in a large change in outcome. Some of the links above are affiliate links, meaning, at no additional cost to you, I will earn a commission if you click through. As a bonus, I'll send you a FREE Personal Finance Resource Kit, so you can start your Journey to Finanical Freedom. BALANCED GROWTH FUND. They … I've made a table to compare four investment service in NZ. So I thought I would take a look at how they compare to my favourite KiwiSaver providers, including Simplicity, koura, Superlife, and InvestNow. The growth fund is the most aggressive fund Simplicity offers, with 86% in shares in International and New Zealand. If you know and use InvestNow, think of SuperLife as the InvestNow of KiwiSaver. 3 . The named JUNO is quite interesting, it comes from the ancient ‘protectress of funds’ – Juno Moneta. Low fees, 100% online, passively managed index funds. The Breakdown (updated Oct 2017) SmartShares. BALANCED GROWTH FUND. FIND OUT MORE. ETF and Index Fund are simple, low-cost and diversified investment option with a positive result in the long term. Add to watchlist; Remove from watchlist; ASB KIWISAVER SCHEME. GROWTH FUND. Booster. In its ongoing regulation of KiwiSaver providers, the Financial Markets Authority recently published a snappily titled report: MyFiduciary Analysis of Active versus Passive Management in KiwiSaver. your own Pins on Pinterest Special Deal for Passive Income NZ Readers: Get 50% off the first 2 months when you sign up for a premium account using my code- for details go to Tools and Resources. Superlife Kiwisaver charges $30 annual. 14th Dec 16, 7:50am. You can check out the list of offering here. Our options: SuperLife Age Steps: An investment option where the mix of income and growth assets is automatically set based on your age. In its ongoing regulation of KiwiSaver providers, the Financial Markets Authority recently published a snappily titled report: MyFiduciary Analysis of Active versus Passive Management in KiwiSaver. The $12 fee is for when you invest in Superlife outside kiwisaver. 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