Compare Investment Funds

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:

  1. 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.
  2. 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.
  3. 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).