InvestNow KiwiSaver Scheme Fees
Low fund charges & no KiwiSaver administration fees!
The InvestNow KiwiSaver Scheme has low-cost investment options with management fees starting from just 0.03% p.a., including GST. The total fees you’ll pay will be determined by what fund (or combination of funds) you choose to invest in.
We’ve also made the decision not to charge any KiwiSaver administration fees! The fees charged by the underlying managed funds will be the only fees you pay.
Fees and charges table:
The table below shows the fees and trading costs applicable to each investment option within the InvestNow KiwiSaver Scheme. These fees are the estimated total fund charges (including GST) including all management fees, administrative costs and any performance fees. Fees have been estimated using the information provided by the underlying fund managers and by reference to the underlying fund’s disclosure documents.
Fund Name |
Estimated total annual fund charges (inc. GST) |
Buy Spread |
Sell Spread |
Entry/Buy Fee |
Exit/Sell Fee |
Swing Pricing Adjustment* |
Performance-based fee? |
| Antipodes Global Fund – Long | 1.25% | 0.075% | 0.075% | – | – | – | Yes |
| Castle Point 5 Oceans Fund | 1.31% | 0.30% | 0.30% | – | – | – | Yes |
| Castle Point Trans-Tasman Fund | 1.07% | 0.30% | 0.30% | – | – | – | No |
| Clarity Global Shares Fund | 1.06% | – | – | – | – | 0.09% | No |
| Fisher Funds Conservative Fund | 0.93% | – | – | – | – | – | No |
| Fisher Funds Growth Fund | 1.02% | – | – | – | – | – | No |
| Foundation Series Balanced Fund | 0.37% | 0.08% | 0.11% | – | – | – | No |
| Foundation Series Growth Fund | 0.37% | 0.10% | 0.11% | – | – | – | No |
| Foundation Series US 500 Fund | 0.03% | – | – | 0.50% | 0.50% | – | No |
| Foundation Series Hedged US 500 Fund | 0.03% | – | – | 0.50% | 0.50% | – | No |
| Foundation Series Total World Fund | 0.07% | – | – | 0.50% | 0.50% | – | No |
| Foundation Series Hedged Total World Fund | 0.07% | – | – | 0.50% | 0.50% | – | No |
| Generate Focused Growth Managed Fund | 1.41% | – | – | – | – | – | Yes |
| Harbour Active Growth Fund | 1.05% | – | – | – | – | – | Yes |
| Harbour Australasian Equity Focus Fund | 1.36% | – | – | – | – | – | Yes |
| Harbour NZ Core Fixed Interest Fund | 0.65% | – | – | – | – | – | No |
| Harbour T. Rowe Price Global Equity Fund | 1.20% | – | – | – | – | – | No |
| Hunter Global Fixed Interest Fund | 0.53% | – | 0.10% | – | – | – | No |
| Mercer All Country Global Shares Index Fund | 0.46% | 0.07% | 0.12% | – | – | – | No |
| Mercer Ethical Leaders Balanced Fund | 1.32% | 0.13% | 0.12% | – | – | – | No |
| Mercer Ethical Leaders Hedged Global Fixed Interest Index Fund | 0.44% | 0.16% | 0.06% | – | – | – | No |
| Mercer Macquarie Global Listed Real Estate Fund | 1.36% | 0.25% | 0.25% | – | – | – | No |
| Mercer Macquarie NZ Cash Fund | 0.30% | – | – | – | – | – | No |
| Mercer Macquarie NZ Fixed Interest Fund | 0.57% | 0.10% | 0.10% | – | – | – | No |
| Mercer NZ Shares Passive Fund | 0.34% | 0.13% | 0.13% | – | – | – | No |
| Milford Aggressive Fund | 1.15% | – | – | – | – | 0.09% | No |
| Milford Active Growth Fund | 1.20% | – | – | – | – | 0.10% | Yes |
| Milford Balanced Fund | 1.06% | – | – | – | – | 0.11% | Yes |
| Milford Conservative Fund | 0.85% | – | – | – | – | 0.10% | No |
| Mint Australasian Equity Fund | 1.19% | – | – | – | – | – | No |
| Mint Diversified Growth Fund | 1.21% | – | – | – | – | – | No |
| Mint Diversified Income Fund | 0.98% | – | – | – | – | – | No |
| Pathfinder Ethical Growth Fund | 1.33% | – | – | – | – | – | No |
| Russell Investments Global Fixed Interest Fund | 0.59% | 0.15% | 0.15% | – | – | – | No |
| Russell Investments Global Shares Fund | 0.89% | 0.18% | 0.13% | – | – | – | No |
| Russell Investments Hedged Global Shares Fund | 0.92% | 0.20% | 0.15% | – | – | – | No |
| Russell Investments NZ Fixed Interest Fund | 0.49% | 0.10% | 0.15% | – | – | – | No |
| Salt Enhanced Property Fund | 1.05% | 0.20% | 0.20% | – | – | – | Yes |
| Salt NZ Dividend Appreciation Fund | 1.11% | 0.20% | 0.20% | – | – | – | No |
| Salt Sustainable Growth Fund | 1.11% | 0.20% | 0.20% | – | – | – | No |
| Smartshares Growth Fund | 0.51% | – | – | – | – | – | No |
| Te Ahumairangi Global Equity Fund | 0.62% | 0.10% | 0.10% | – | – | – | No |