Find out about our fees
Fees are one factor in your decision making. A more important factor is performance after fees. That’s why our fees are linked to the value we provide.
Our fees are:
A base fund fee
A potential performance fee linked to exceeding targeted returns
KiwiSaver Funds Annual Fees (estimated)
| Fund | Base Fund Fee* | Performance fee** | Total Fund Fees |
|---|---|---|---|
| KiwiSaver Cash Fund | - | - | - |
| KiwiSaver Conservative Fund | - | - | - |
| KiwiSaver Moderate Fund | - | - | - |
| KiwiSaver Balanced Fund | - | - | - |
| KiwiSaver Active Growth Fund | - | - | - |
| KiwiSaver Aggressive Fund | - | - | - |
* The base fund fee includes estimated underlying external fund charges, where applicable.
** To estimate the annual performance fee charges, we have simulated the performance of the Fund using its assumed risk and return profile, against its stated performance benchmark over a 20-year time horizon.
To view our methodology for calculating dollar fees on the Milford KiwiSaver Plan annual member statements, please click here.
Investment Funds Annual Fees (estimated)
| Fund | Base Fund Fee* | Performance fee** | Total Fund Fees |
|---|---|---|---|
| Cash Fund | - | - | - |
| Trans-Tasman Bond Fund | - | - | - |
| Global Corporate Bond Fund | - | - | - |
| Conservative Fund | - | - | - |
| Diversified Income Fund | - | - | - |
| Balanced Fund | - | - | - |
| Active Growth Fund | - | - | - |
| Australian Absolute Growth Fund | - | - | - |
| Global Equity Fund | - | - | - |
| Trans-Tasman Equity Fund | - | - | - |
| Dynamic Fund | - | - | - |
| Aggressive Fund | - | - | - |
* The base fund fee includes estimated underlying external fund charges, where applicable.
** To estimate the annual performance fee charges, we have simulated the performance of the Fund using its assumed risk and return profile, against its stated performance benchmark over a 20-year time horizon. The estimated performance fee result is 0% for Global Equity, Trans-Tasman Equity and Dynamic as their performance benchmark is the market index and they would need to achieve above the market index for a performance fee to be payable.