What your fees cover
You deserve to know exactly what's happening with your money, whether that's seeing exactly what we're investing in on your behalf through our monthly reports or understanding what you're actually getting in exchange for the fees you're charged. When you invest with Kiwi Wealth, here's what your annual management fee is paying for:
- Supervisor services
- administration services
- investment management services
- registry and custody costs
- printing and postage.
Our management fees are based on the fund you're invested in. They're deducted from your investment and will reduce your returns.
The Other Fees (Estimate) is an estimate of fees charged by underlying funds in which the scheme invests. These fees are reflected in the unit price of the underlying funds, and are therefore not deducted directly from your account.
|Fund||Annual Management Fee (estimate1)||Other fees (estimate1)||
Total estimated annual fund charges(as a % of your Fund(s) balance1)
Learn more about how we calculate our fees.
Our buy/sell spreads
Just the same as you'd pay a small cost when buying or selling shares on your own, the fund also has to pay a small cost to buy or sell assets - this is called the buy/sell spread
|Fund||Buy spread||Sell spread|
|Default Conservative fund2||0.09%||0.09%|
What you get with us
Choosing the right fund for your investment goals and timeframe should be about more than fees