Simplicity KiwiSaver Review
A non-profit KiwiSaver provider known for low fees and passive investment strategy.
About Simplicity KiwiSaver
Simplicity is a non-profit KiwiSaver provider that has disrupted the market with its low-fee approach. They operate on a passive investment strategy, primarily using index funds to keep costs down and returns competitive.
Their investment philosophy centers on broad market diversification and minimal active management. As a non-profit, they return profits to members through lower fees and charitable giving.
Simplicity stands out for its ethical investment approach, excluding investments in industries like tobacco, weapons, and fossil fuel extraction. They also focus on investing in New Zealand businesses and housing.
Simplicity KiwiSaver Funds
Simplicity Growth Fund
A high-growth fund investing primarily in international and New Zealand shares, with some bonds and cash.
Risk Level
High
Management Fee
0.31%
1 Year Return
11.2%
5 Year Return
9.1%
Why Choose Simplicity KiwiSaver?
Advantages
- Very low fees - among the lowest in the market
- Non-profit structure means profits go back to members
- Strong focus on ethical and responsible investing
- Simple, easy to understand fund options
- Transparent investment approach
Considerations
- Limited fund options compared to some providers
- Passive investment approach may not suit everyone
- No active management to potentially outperform markets
Quick Facts
- Total Assets
- $4.5B
- Average Management Fee
- 0.31%
- Number of Funds
- 4
- Fund Types
- Growth, Balanced, Conservative, Guaranteed Income
Key Features
- Low fees
- Non-profit structure
- Passive investment strategy
- Ethical investment focus