We’re pleased to share that we have lowered our KiwiSaver fees.
With over 110,000 Kiwis now choosing Generate funds, we’ve been able to take advantage of this investing power and pass on the savings to our members, while continuing to provide award-winning service and awesome long-term returns^.
The new fees are:
|Focused Growth Fund||1.49%||1.37%||-8.05%|
*Percentage of difference between the two fees, i.e. old fee reduced by x%
A $36 p/a administration fee applies. For more details on fees, click here.
Our focus has always been on providing awesome long-term performance and competitive net returns after fees through responsible investment.
Our goal is to help our members grow their savings so they can achieve the lifestyle they want in retirement. We believe good advice can help Kiwis make smart decisions now, that could potentially make hundreds of thousands of dollars difference to their retirement.
We pride ourselves on our level of service, and were proud to have this recognised when we won the Gold award for best KiwiSaver service in New Zealand at the Readers Digest Quality Service Awards earlier this year.
Disclaimers: No part of this blog is intended as financial advice; it is intended as general information only. To see our Financial Advice Disclosure Statement, please see Generate FAP Disclosure Statement. For more information about the Generate KiwiSaver Scheme please refer to the Generate KiwiSaver Scheme Product Disclosure Statement. For more information about the Generate Focused Growth Trust please refer to the Generate Unit Trust Scheme Product Disclosure Statement or the fund updates. The issuer of both schemes is Generate Investment Management Limited and the Product Disclosure Statements are available at generatewealth.co.nz/pds. Past performance is not indicative of future performance. ^Morningstar KiwiSaver Survey June Quarter 2018 to September Quarter 2021. Generate Focused Growth Fund has ranked in the top three for 5-year returns in the Multi-Sector Aggressive Category.