InvestNow KiwiSaver Scheme Funds

40+ underlying investment options from leading fund managers

The InvestNow KiwiSaver Scheme gives you the ability to invest your KiwiSaver funds across a range of 40+ managed funds. We’ve focused on providing options across all major sectors/asset classes, as well as diversified options, from 15 expert investment managers.

Fees start from 0.03% p.a. (inc. GST). The total fees you’ll pay will be determined by what fund (or combination of funds) you choose to invest in.

Please note, past performance is not a guarantee of future returns. Returns are after fees, before tax and denominated in NZD. Performance figures over 1 year are annualised.

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Underlying Fund Description Type Manager Sector PDS PDS Fee QFU Fee Buy/Sell Spread Risk Indicator Target Growth/Income Assets Management Style Distribution Frequency Buy Timeframe Sell Timeframe Fund Type Net Assets Inception Date 1 Month 3 Months 6 Months 1 Year 3 Years 5 Years 10 Years Smart Investor External Website
Antipodes Global Fund – Long – PIE Provides exposure to a diversified portfolio of international shares which is actively managed. The investment objective is to achieve absolute returns in excess of the MSCI All Country World Net Index in NZ dollars over the investment cycle (typically 3-5 years). Managed Funds & KiwiSaver Antipodes International Equities 0.95% 1.25% 0.075% / 0.075% 5 100% / 0% Active – 3 Days 4 Days PIE $66.72M 25/07/2018 1.32% 9% 8.84% 23.05% 11.41% 10.72% –
Castle Point 5 Oceans Fund Provides exposure to a diversified fund that invests in a range of growth and defensive assets both globally and locally. The underlying fund can invest both in direct securities and selected managed funds. Aims to outperform the NZ Official Cash Rate by 3% per annum over the medium to long-term, after all fees (and other expenses) but before tax. Managed Funds & KiwiSaver Castlepoint Diversified 1.31% 1.09% 0.30% / 0.30% 4 55% / 45% Active Monthly 2 Days 2 Days PIE $81.27M 25/10/2016 1.17% 2.12% 4.97% 8.65% 3.10% 4.93% –
Castle Point Trans-Tasman Fund Provides exposure to an actively managed portfolio that typically invests in New Zealand and Australian listed companies. Aims to outperform the S&P/NZX 50 Index (incl Imputation Credits) over rolling three-year periods after all fees (and other expenses) but before tax. Managed Funds & KiwiSaver Castlepoint Australasian Equities 1.07% 1.07% 0.30% / 0.30% 5 98% / 2% Active Quarterly 2 Days 2 Days PIE $15.97M 20/11/2018 2.3% 4.32% 7.66% 14.01% −1.10% 3.80% –
Clarity Global Shares Fund Provides exposure to an actively managed global shares fund. The underlying investment manager uses a mix of fundamental and quantitative analysis to select companies. Aims to generate a better return than the MSCI All Country World ex-Tobacco Index (net dividends reinvested) in NZ dollars with 50% hedged to NZ dollars over the medium to long term. KiwiSaver Clarity International Equities 1.06% 1.05% 0.09%** 5 98% / 2% Active – 2 Days 2 Days PIE $189.50M 03/04/2017 3.41% 6.75% 10.64% 31.79% 13.82% 13.48% –
Fisher Funds Conservative Fund Provides exposure to a diversified fund that aims to provide stable returns over the long term by investing mainly in income assets with a modest allocation to growth assets. Managed Funds & KiwiSaver Fisher Diversified 0.93% 0.93% 0% / 0% 4 27.5% / 72.5% Active – 3 Days 3 Days PIE $109.48M 31/07/2018 1.70% 2.32% 6.08% 10.87% – – –
Fisher Funds Growth Fund Provides exposure to a diversified fund that aims to grow your investment over the long term by investing mainly in growth assets. Managed Funds & KiwiSaver Fisher Diversified 1.04% 1.02% 0% / 0% 5 81% / 19% Active – 3 Days 3 Days PIE $318.98M 31/07/2018 3.95% 5.68% 10.04% 20.91% 5.35% – –
Foundation Series Balanced Fund Provides exposure to a diversified fund that invests in a balance of income and growth assets. Aims to provide returns that are broadly in line with the return of the underlying fund’s investment benchmark before fees and tax over the long-term. Managed Funds & KiwiSaver Foundation Series Diversified 0.37% 0.37% 0.08% / 0.11% 4 60% / 40% Active – 2 Days 2 Days PIE $24.32M 02/09/2020 3.16% 4.52% 9.11% 18.33% 4.94% – –
Foundation Series Growth Fund Provides exposure to a diversified fund that invests in a portfolio weighted towards growth assets but with some income asset exposure. Aims to provide returns that are broadly in line with the return of the underlying fund’s investment benchmark before fees and tax over the long-term. Managed Funds & KiwiSaver Foundation Series Diversified 0.37% 0.37% 0.10% / 0.11% 4 80% / 20% Active – 2 Days 2 Days PIE $45.34M 02/09/2020 3.86% 5.75% 10.68% 21.95% 6.59% – –
Foundation Series Hedged Total World Fund Provides exposure to a single sector fund that invests into an Exchange-Traded Fund (‘ETF’) that in turn invests in shares of large, mid-sized and small companies listed on international stock markets. Aims to provide returns that are broadly in line with the return of the underlying fund’s investment benchmark before fees and tax over the long-term. The underlying fund aims to have all foreign currency exposure hedged to the New Zealand dollar. Managed Funds & KiwiSaver Foundation Series International Equities 0.07% 0.07% 0.50% / 0.50%* 6 100% / 0% Active – 2 Days 2 Days PIE $23.74M 22/01/2024 4.48% 5.44% 10.38% – – – –
Foundation Series Hedged US 500 Fund Provides exposure to a single sector fund that invests into an Exchange-Traded Fund (‘ETF’) that in turn invests in shares of the largest companies listed on stock markets in the United States. Aims to provide returns that are broadly in line with the return of the underlying fund’s investment benchmark before fees and tax over the long-term. The underlying fund aims to have all foreign currency exposure hedged to the New Zealand dollar. Managed Funds & KiwiSaver Foundation Series International Equities 0.03% 0.03% 0.50% / 0.50%* 6 100% / 0% Active – 2 Days 2 Days PIE $16.08M 22/01/2024 5.83% 7.12% 14.39% – – – –
Foundation Series Total World Fund Provides exposure to a single sector fund that invests into an Exchange-Traded Fund (ETF) that in turn invests in shares of large, mid-sized and small companies listed on international stock markets. Aims to provide returns that are broadly in line with the return of the underlying fund’s investment benchmark before fees and tax over the long-term. Managed Funds & KiwiSaver Foundation Series International Equities 0.07% 0.07% 0.50% / 0.50%* 5 100% / 0% Passive – 2 Days 2 Days PIE $115.07M 31/10/2022 4.76% 10.10% 14.64% 31.84% – – –
Foundation Series US 500 Fund Provides exposure to a single sector fund that invests into an Exchange-Traded Fund (ETF) that in turn invests in shares of the largest companies listed on exchanges in the United States. Aims to provide returns that are broadly in line with the return of the underlying fund’s investment benchmark before fees and tax over the long-term. Managed Funds & KiwiSaver Foundation Series International Equities 0.03% 0.03% 0.50% / 0.50%* 5 100% / 0% Passive – 2 Days 2 Days PIE $100.71M 31/10/2022 6.52% 13.35% 19.34% 39.72% – – –
Generate Focused Growth Managed Fund Provides exposure to a diversified fund that invests into a portfolio weighted toward growth assets, but with a small allocation to income assets. Aims to provide a higher growth investment return over the long term through investment in nearly all growth assets. Managed Funds & KiwiSaver Generate Diversified 1.41% 1.41% 0% / 0% 5 95% / 5% Active – 3 Days 3 Days PIE $57.03M 01/11/2019 3.94% 6.27% 12.77% 28.24% 8.45% 8.82% –
Harbour Active Growth Fund Provides exposure to a diversified fund that invests in a portfolio weighted towards growth assets but with some income asset exposure. Aims to deliver returns in excess of the Official Cash Rate (OCR) plus 5% over rolling 5-year periods. Managed Funds & KiwiSaver Harbour Diversified 1.05% 0.99% 0% / 0% 5 70% / 30% Active Monthly 2 Days 3 Days PIE $61.38M 01/11/2019 2.67% 4.39% 8.25% 15.86% 0.45% 4.85% –
Harbour Australasian Equity Focus Fund Provides exposure to a portfolio of actively managed New Zealand and Australian listed equities. The underlying fund is a high conviction fund where the portfolio will consist of companies Harbour have researched and have a high belief will perform over the medium to longer-term. Aims to deliver medium to long term capital growth through investing in quality businesses with strong growth prospects. Managed Funds & KiwiSaver Harbour Australasian Equities 1.36% 1.16% 0% / 0% 6 95% / 5% Active – 2 Days 2 Days PIE $29.21M 10/04/2014 3.79% 9.16% 16.12% 27.43% 1.45% 7.33% 11.07%
Harbour NZ Core Fixed Interest Fund Provides exposure to an actively managed investment grade portfolio that invests mainly in New Zealand Government bond and corporate bond fixed interest securities. Aims to outperform the Bloomberg NZBond Composite 0+ Yr Index by 100 basis points per annum over a rolling three year period. Managed Funds & KiwiSaver Harbour New Zealand Fixed Interest 0.65% 0.65% 0% / 0% 3 0% / 100% Active Quarterly 2 Days 2 Days PIE $257.75M 24/05/2011 0.67% 0.85% 5.47% 8.86% 1.76% 0.86% 2.83%
Harbour T. Rowe Price Global Equity Fund Provides exposure to an actively managed global shares fund that invests primarily in a portfolio of securities of companies which are traded, listed or due to be listed, on recognised exchanges and/or markets throughout the world. Aims to provide long-term capital appreciation. Managed Funds & KiwiSaver Harbour International Equities 1.20% 1.20% 0% / 0% 5 98% / 2% Active – 2 Days 3 Days PIE $682.88M 21/10/2015 3.89% 9.28% 13.93% 31.64% 5.23% 12.26% 13.05%
Hunter Global Fixed Interest Fund Provides exposure to an actively managed diversified portfolio of international fixed income securities, derivatives and cash. Aims to provide a total return, before costs and tax, 1% p.a. higher than the Bloomberg Global Aggregate Index – 100% New Zealand dollar hedged over a rolling three year period. Managed Funds & KiwiSaver Harbour International Fixed Interest 0.53% 0.53% 0% / 0.10% 4 0% / 100% Active Semi-annually 2 Days 3 Days PIE $1,154.18M 15/03/2017 1.45% 0.87% 3.84% 7.62% −0.64% 0.72% –
Mercer All Country Global Shares Index Fund Provides exposure to a passively managed global shares portfolio. The underlying fund targets a position of being 69% gross hedged to the NZ dollar. Aims to provide returns that closely match those of the MSCI All Country World ex-Tobacco Index with net dividends reinvested (69% gross hedged to the NZ dollar) over the minimum recommended investment timeframe. Managed Funds & KiwiSaver Mercer International Equities 0.46% 0.46% 0.07% / 0.12% 5 100% / 0% Passive Semi-annually 2 Days 2 Days PIE $84.03M 27/11/2017 4.05% 6.15% 11.31% 27.19% 8.53% 11.25% –
Mercer Ethical Leaders Balanced Fund Provides exposure to a diversified fund that invests across asset types, with a slightly lower mix of income assets and slightly higher mix of growth assets. The underlying fund is managed to specific ‘responsible investment’ criteria. Aims to provide capital growth over the longer-term with moderate levels of volatility. Managed Funds & KiwiSaver Mercer Diversified 1.32% 1.32% 0.12% / 0.12% 4 60% / 40% Active – 2 Days 2 Days PIE $36.72M 11/08/2009 1.61% 3.52% 6.86% 15.40% 3.15% 4.89% 5.66%
Mercer Ethical Leaders Hedged Global Fixed Interest Index Fund Provides exposure to a passively managed international fixed interest portfolio. Aims to provide a return that closely matches the return of the Bloomberg MSCI Global Aggregate SRI Select ex-Fossil Fuels Index, fully hedged to the New Zealand dollar. Managed Funds & KiwiSaver Mercer International Fixed Interest 0.44% 0.44% 0.16% / 0.06% 4 0% / 100% Passive Semi-annually 2 Days 2 Days PIE $542M 27/11/2017 1.18% 0.59% 4.58% 6.41% −1.68% −0.48% –
Mercer Macquarie Global Listed Real Estate Fund Provides exposure to an actively managed fund that invests in a global portfolio of property securities listed on stock exchanges around the world. Environmental, Social and Governance characteristics are integrated into the investment process. Aims to provide a gross return above the FTSE EPRA/NAREIT Developed Total Return Index with net dividends reinvested, fully hedged to New Zealand dollars, on a rolling three year basis. Managed Funds & KiwiSaver Mercer Listed Property 1.36% 1.36% 0.25% / 0.25% 6 100% / 0% Active Semi-annually 2 Days 2 Days PIE $192.25M 29/11/2007 2.87% 3.08% 13.32% 17.89% −2.56% 0.95% 4.14%
Mercer Macquarie NZ Cash Fund Provides exposure to an actively managed portfolio of bank bills, floating rate notes and short term deposits and securities, that targets capital security and liquidity. Environmental, Social and Governance characteristics are integrated into the investment process where applicable. Aims to provide a gross return above the return of the Bloomberg NZBond Bank Bill Index on a rolling 12 month basis. Managed Funds & KiwiSaver Mercer Cash and Cash Equivalents 0.30% 0.30% 0% / 0% 2 0% / 100% Active Monthly 2 Days 2 Days PIE $292.19M 01/06/1995 0.37% 1.23% 2.66% 5.58% 4.25% 2.75% 2.61%
Mercer Macquarie NZ Fixed Interest Fund Provides exposure to an actively managed portfolio of fixed interest securities, focusing predominantly on government bonds and corporate securities in the New Zealand market. Environmental, Social and Governance characteristics are integrated into the investment process where applicable. Aims to provide a gross return above the return of the Bloomberg NZBond Composite 0+ Yr Index on a rolling three year basis. Managed Funds & KiwiSaver Mercer New Zealand Fixed Interest 0.60% 0.60% 0.10% / 0.10% 3 0% / 100% Active Semi-annually 2 Days 2 Days PIE $270.63M 05/06/1995 0.49% 0.64% 5.09% 7.95% 1.23% 0.09% 2.60%
Mercer NZ Shares Passive Fund Provides exposure to a passively managed New Zealand shares portfolio that is designed to track the return of the S&P/NZX 50 Index. Aims to provide a return that closely matches the return of the S&P/NZX 50 Index (on a gross basis and including imputation credits). Managed Funds & KiwiSaver Mercer Australasian Equities 0.34% 0.34% 0.13% / 0.13% 5 100% / 0% Passive Semi-annually 2 Days 2 Days PIE $385.69M 27/11/2017 3.33% 5.25% 10.53% 15.89% 1.50% 3.38% –
Milford Active Growth Fund Provides exposure to a diversified fund that primarily invests in shares, with a moderate allocation to fixed interest securities. Aims to provide annual returns of 10% after the base fund fee1, but before tax and before the performance fee over the minimum recommended investment timeframe. Managed Funds & KiwiSaver Milford Diversified 1.20% 1.87% 0.10%** 5 78% / 22% Active – 2 Days 2 Days PIE $4,227.9M 01/10/2007 3.28% 4.68% 8.59% 20.84% 7.67% 9.69% 10.43%
Milford Aggressive Fund Provides exposure to a diversified fund that primarily invests in international shares, with a moderate allocation to Australasian shares. Aims to maximise capital growth after the base fund fee, but before tax over the minimum recommended investment timeframe. Managed Funds & KiwiSaver Milford Diversified 1.15% 1.15% 0.09%** 5 95% / 5% Active Semi-annually 2 Days 2 Days PIE $2,538.65M 21/06/2021 4.51% 5.46% 8.66% 25.13% 7.19% – –
Milford Balanced Fund Provides exposure to a diversified fund that primarily invests in shares, with a significant allocation to fixed interest securities. Aims to provide capital growth after the base fund fee1, but before tax and before the performance fee over the minimum recommended investment timeframe. Managed Funds & KiwiSaver Milford Diversified 1.06% 1.28% 0.11%** 4 61% / 39% Active – 2 Days 2 Days PIE $2,013.43M 01/04/2010 2.34% 3.59% 6.62% 15.03% 5.50% 7.22% 8.31%
Milford Conservative Fund Provides exposure to a diversified fund that primarily invests in fixed interest securities, with a moderate allocation to shares. Aims to provide moderate returns and protect capital over the minimum recommended investment timeframe. Managed Funds & KiwiSaver Milford Diversified 0.85% 0.95% 0.10%** 3 18% / 82% Active Quarterly 2 Days 2 Days PIE $597.23M 01/09/2015 1.37% 2.00% 5.74% 11.02% 3.95% 3.64% –
Mint Australasian Equity Fund Provides exposure to an actively managed portfolio that typically invests in New Zealand and Australian listed equities. Aims to provide investors with superior returns with lower risk than the S&P/NZX 50 Gross Index over the medium to long-term. Managed Funds & KiwiSaver Mint Australasian Equities 1.19% 1.19% 0% / 0% 5 95% / 5% Active – 3 Days 3 Days PIE $215.22M 15/02/2007 4.03% 6.20% 9.28% 20.13% 3.09% 4.27% 9.97%
Mint Diversified Growth Fund Provides exposure to a diversified fund that invests primarily in New Zealand and international equities, but will also hold cash and fixed interest securities. Aims to deliver returns in excess of the Consumers Price Index (CPI) by 4.5% per annum, before fees, over the medium to long-term. Managed Funds & KiwiSaver Mint Diversified 1.21% 1.18% 0% / 0% 5 80% / 20% Active – 3 Days 3 Days PIE $52.64M 10/12/2018 4.18% 4.62% 9.32% 18.26% 2.89% 8.19% –
Mint Diversified Income Fund Provides exposure to a diversified fund that invests across a number of asset classes both in New Zealand and internationally. These include cash, fixed interest, listed property, and equites. Aims to deliver a total return (through a combination of income and capital growth) in excess of the Consumers Price Index (CPI) by 3% per annum, before fees, over the medium to long-term. Managed Funds & KiwiSaver Mint Diversified 0.98% 0.95% 0% / 0% 4 30% / 70% Active Quarterly 3 Days 3 Days PIE $57.28M 31/08/2014 1.48% 2.36% 7.11% 10.99% 2.44% 2.77% 4.30%
Pathfinder Ethical Growth Fund Provides exposure to a diversified ethical portfolio with a higher exposure to growth assets and a lower exposure to income assets. Focuses on ethical investing to achieve medium to high returns with a higher risk focus Managed Funds & KiwiSaver Pathfinder Diversified 1.33% 1.30% 0% / 0% 5 71.8% / 28.2% Active – 3 Days 3 Days PIE $68.17M 17/08/2020 3.86% 5.38% 8.43% 21.01% 4.93% – –
Russell Investments Global Fixed Interest Fund Provides exposure to an actively managed diversified portfolio of international fixed income securities, derivatives and cash. Aims to provide a total return, before costs and tax, 1% p.a. higher than the Bloomberg Global Aggregate Index – 100% New Zealand dollar hedged over a rolling three year period. Managed Funds & KiwiSaver Russell International Fixed Interest 0.59% 0.59% 0.15% / 0.15% 4 0% / 100% Active Semi-annually 3 Days 4 Days PIE $541.66M 21/12/2011 1.23% 0.06% 4.14% 6.17% −1.79% 0.01% 2.20%
Russell Investments Global Shares Fund Provides exposure to an international shares fund that is actively managed using a multi-manager approach. Aims to outperform the MSCI ACWI Index – Net, before costs and tax, over the long term (3 years plus). Managed Funds & KiwiSaver Russell International Equities 0.89% 0.91% 0.18% / 0.13% 5 100% / 0% Active Semi-annually 3 Days 4 Days PIE $330.67M 14/11/2012 3.58% 8.22% 12.36% 27.05% 11.11% 11.31% 11.06%
Russell Investments Hedged Global Shares Fund Provides exposure to an international shares fund that is actively managed using a multi-manager approach. The underlying fund targets being fully hedged back to NZ dollars. Aims to outperform the MSCI ACWI Index – 100% Hedged to NZD - Net, before costs and tax, over the long term (3 years plus). Managed Funds & KiwiSaver Russell International Equities 0.92% 0.94% 0.20% / 0.15% 6 100% / 0% Active Semi-annually 3 Days 4 Days PIE $280.1M 24/07/2012 3.48% 3.67% 8.29% 22.81% 7.01% 9.37% 8.80%
Russell Investments NZ Fixed Interest Fund Provides exposure to a diversified portfolio of predominantly investment grade New Zealand dollar denominated fixed interest securities. Aims to provide a total return, before costs and tax, higher than the Bloomberg NZBond Composite 0+ Yr Index over the long term (3 years plus). Managed Funds & KiwiSaver Russell New Zealand Fixed Interest 0.49% 0.51% 0.10% / 0.15% 3 0% / 100% Active Semi-annually 3 Days 4 Days PIE $138.58M 14/02/2013 0.52% 0.70% 5.13% 8.26% 1.51% 0.40% 2.68%
Salt Enhanced Property Fund Provides exposure to an actively managed portfolio of shares of New Zealand and Australian property trusts, companies and other property related securities with exposure to property and property-related sectors. Aims to outperform (after fees and expenses but before tax) the S&P/NZX All Real Estate (Industry Group) Gross Index over a full market cycle. Managed Funds & KiwiSaver Salt Listed Property 1.05% 1.02% 0.20% / 0.20% 5 95% / 5% Active Semi-annually 3 Days 3 Days PIE $20.52M 11/11/2014 −1.30% −3.78% 5.02% 6.55% −3.42% −0.44% 7.25%
Salt NZ Dividend Appreciation Fund Provides exposure to an actively managed portfolio that invests predominantly in New Zealand shares that may pay high and sustainable dividends. Aims to outperform (after fees and expenses but before tax) the S&P/NZX 50 Gross Index on a rolling three-year basis. Managed Funds & KiwiSaver Salt Australasian Equities 1.11% 1.08% 0.20% / 0.20% 5 100% / 0% Active Semi-annually 3 Days 3 Days PIE $100.25M 30/06/2015 3% 7.11% 14.38% 20.20% 4.63% 5.99% –
Salt Sustainable Growth Fund Aims to outperform the Reserve Bank of New Zealand's Consumer Price Index +5% p.a. benchmark on a rolling five-year basis by investing in a diversified mix of growth and defensive assets with a focus on securities with strong ESG credentials. KiwiSaver Salt Diversified 1.12% 1.07% 0.20% / 0.20% 4 80% / 20% Active – 3 Days 3 Days PIE $70.56M 15/09/2021 2.69% 4.80% 12.23% 19.47% 5.11% – –
Smartshares Growth Fund Provides exposure to a diversified fund that invests mostly in growth assets. It is designed for investors that want a growth investment option. KiwiSaver Smart Diversified 0.51% 0.51% 0% / 0% 5 80% / 20% Passive – 2 Days 3 Days PIE $278.56M 28/10/2016 2.29% 5.51% 10.62% 20.65% 5.66% 6.71% –
Te Ahumairangi Global Equity Fund Invests in global equities across various listed equity markets. The investment objective is to outperform its benchmark index (50:50 combination of the MSCI World Index, and the MSCI Minimum Volatility Index optimised for NZ dollar based investors). Over the long-term (7+ years), also aims to deliver pre-tax post-fee returns of over 6.5% per annum, and to produce better returns than the broader global equity universe (as proxied by the MSCI World index), while at the same time achieving a significantly lower level of risk (which can be measured in terms of lower return volatility, and smaller drawdowns than the MSCI World Index). Managed Funds & KiwiSaver Te Ahumairangi International Equities 0.62% 0.60% 0.10% / 0.10% 4 98% / 2% Active – 2 Days 2 Days PIE $421.9M 05/11/2021 2.92% 5.63% 11.81% 24.29% 15.24% – –
Underlying Fund Manager Sector PDS Fee Management Style

Important Information

  • For a description of what each column heading means, please click here.
  • The performance figures are for periods ending 30 November 2024.
  • Past performance is not a guarantee of future returns. Returns are after fees, before tax and denominated in NZD. Performance figures over 1 year are annualised.
  • Performance data is sourced from Morningstar or from the underlying fund manager.
  • The fund performance figures outlined are for the underlying funds that the InvestNow KiwiSaver Scheme invests in to. However, the performance of the InvestNow Fisher Funds Conservative Fund and the InvestNow Fisher Funds Growth Fund is provided rather than the underlying Fisher Funds Conservative Fund and Fisher Funds Growth Fund, as the underlying funds do not account for the rebates that the InvestNow funds receive.
  • Please note, the PDS fee is the manager’s estimated total annual fund charge as stated in the Product Disclosure Statement (PDS) for this fund. The Quarterly Fund Update (QFU) Fee is the latest actual total annual fund charge reported by the fund for its most recent financial year, as stated in the fund’s most recent Quarterly Fund Update. Both figures include any applicable GST as well as any performance-based fees if applicable.
  • Transaction-based charges may also apply when you buy or sell a fund, which could include buy/sell spreads (as outlined in the buy/sell spread column), entry/exit fees (denoted by * in the buy/sell spread column), or swing pricing adjustments (denoted by ** in the buy/sell spread column). Please see the PDS for full details on the charges that can apply.
  • Managed funds in New Zealand must have a standard risk indicator. The risk indicator is designed to help investors understand the uncertainties both for loss and growth that may affect their investment. You can compare funds using the risk indicator – 1 is lower risk and potentially lower returns, while 7 is higher risk and potentially higher returns.
  • Note that the InvestNow Smartshares Growth Fund invests entirely into the underlying Superlife Growth Fund.

The Foundation Series US 500 Fund, Foundation Series Hedged US 500 Fund, Foundation Series Total World Fund and Hedged Foundation Series Total World Fund

  • The Foundation Series US 500 Fund, Foundation Series Hedged US 500 Fund, Foundation Series Total World Fund and Hedged Foundation Series Total World Fund are subject to a transaction fee charge of 0.50% for all Buy Orders (Entry Fee) and 0.50% for all Sell Orders (Exit Fee).