Simplicity vs Amp

Head-to-head comparison of fees, returns, and fund options

Quick Comparison

MetricSimplicityAmpWinner
Average 5Y Return2.44%4.46%
Amp
Average Fees0.25%1.00%
Simplicity
Number of Funds630
Amp
Total Members141,036216,995
Amp
Total AUM$5281M$8982M
Amp
Simplicity

Simplicity

Average Return
2.44%
Average Fees
0.25%
Fund Options
6
Total Members
141,036
Amp

Amp

Average Return
4.46%
Average Fees
1.00%
Fund Options
30
Total Members
216,995

Frequently Asked Questions

Which is better, Simplicity or Amp?

Amp has higher average returns (4.46% vs 2.44%), while Simplicity has lower fees (0.25% vs 1.00%). The best choice depends on your investment goals, time horizon, and risk tolerance.

Can I switch between Simplicity and Amp?

Yes! Switching KiwiSaver providers is free and easy. Simply apply with your chosen provider online, and they'll handle the transfer. The process takes 2-3 weeks, and there are no fees or penalties.

How were these comparisons calculated?

All data is sourced from the Financial Markets Authority (FMA) and provider disclosure statements. Returns are 5-year averages, fees are annual management fees as percentages of assets under management. Data is updated quarterly.