The tables below provide a quick reference point so you compare some of the key features of the ten Investment Funds at a glance.
The table below shows the proportion of income and growth assets of each Investment Fund:
| Investment Fund | Income Assets | Growth Assets |
|---|---|---|
| NZ Cash Fund | 100% | 0% |
| Tracker Conservative Fund | 80% | 20% |
| Active Conservative Fund | 70% | 30% |
| Tracker Moderate Fund | 60% | 40% |
| Tracker Balanced Fund | 40% | 60% |
| Active Balanced Fund | 40% | 60% |
| Tracker Growth Fund | 20% | 80% |
| Active Growth Fund | 20% | 80% |
| Active High Growth Fund | 0% | 100% |
| Global Sustainability Fund | 0% | 100% |
Note, for further information on the asset allocation for each Investment Fund, refer to the individual Investment Fund profiles here.
The table below shows the fees for each Investment Fund:
| Investment Fund | Entry & Exit Fees | Switch Fee | Investment Management Fee per annum | Admin Fee per member per month |
|---|---|---|---|---|
| NZ Cash Fund | Nil | Nil | 0.35% | $3.00 |
| Tracker Conservative Fund | Nil | Nil | 0.40% | $3.00 |
| Active Conservative Fund | Nil | Nil | 0.80% | $3.00 |
| Tracker Moderate Fund | Nil | Nil | 0.60% | $3.00 |
| Tracker Balanced Fund | Nil | Nil | 0.65% | $3.00 |
| Active Balanced Fund | Nil | Nil | 0.85% | $3.00 |
| Tracker Growth Fund | Nil | Nil | 0.70% | $3.00 |
| Active Growth Fund | Nil | Nil | 0.90% | $3.00 |
| Active High Growth Fund | Nil | Nil | 1.00% | $3.00 |
| Global Sustainability Fund | Nil | Nil | 1.50% | $3.00 |
Notes:
- The Investment Management Fee is calculated monthly as a percentage of the gross value of your investment in each Investment Fund on the first day of the relevant month. The Investment Management Fee is payable in arrears on the second Friday of the following month. The percentage applicable for each Investment Fund in any month is the annual percentage set out in the table above divided by twelve.
- GST (if any) and other taxes will apply to the above fees where applicable. Brokerage and performance fees may also apply. Fees are explained in full detail in the Investment Statement.
- Fees and asset allocations may change from time to time.
Disclaimer
The FirstChoice KiwiSaver Scheme is provided by ASB Group Investments Limited.
The information contained in this website is for general informational purposes and is designed for use by New Zealand Residents only. None of the Crown, the Trustee, the Manager, ASB Bank Limited and its subsidiaries (the Banking Group), the Commonwealth Bank of Australia, or any other company in the Commonwealth Bank of Australia Group, or any of their Board members or directors (as the case may be), nor any other person or party, guarantees the securities offered in this website or the performance of those securities (including any of the investments or returns made in respect of the securities).
A copy of the Investment Statement for the FirstChoice KiwiSaver Scheme is available here or by calling 0800 1ST CHOICE (0800 178 246).
