Fees. DIY Investment Services in NZ. They offer five investment fund options outside of their KiwiSaver scheme. SuperLife makes the pension transfer process as simple as possible, so you can focus on your investment objectives. Basically, it tries to use the 4% rule often talked about in the fire community. Income asset includes cash and bond. SuperLife offers 38 KiwiSaver funds, these invest in a range of index funds offered by a company owned by the NZX. What’s the difference between them? Superlife comes out slightly ahead, thanks to a lower annual administration fee of $12, compared to $18 for Sharesies. The Sector fund cover different country (NZ, AUS, Overseas), industry (Property, Shares) and investment vehicle (Cash, Bond, Shares). How much do you spend on food a week? KiwiSaver Diversified Growth Fund. ANZ Growth has a 1.10% total investment fee plus a $24 membership fee. My wife and I are with simplicity ourselves. 14th Dec 16, 7:50am. If selecting individual funds isn’t your thing then Superlife also offers several complete KiwiSaver funds called Ethica, Income, Conservative, Balanced, Groth, and High Growth. SmartShares ETFs are listed PIE, and they will pay tax at 28%. Our options: SuperLife Age Steps: An investment option where the mix of income and growth assets is automatically set based on your age. Superlife have the most function, investment options and easy to start. In fact, only once. Not-for-profit, means you profit. You can check out the list of offering here. Please note that I only recommend products and services that I have personally used. This calculates to be $90 per year in extra fees for a KiwiSaver balance of $50,000, and over 25 years that's ~$2,000. Add to watchlist; Remove from watchlist; ASB KIWISAVER SCHEME. GROWTH FUND. So this fund is a low risk (or conservative) fund. Special Deal for Passive Income NZ Readers: Get 50% off the first 2 months when you sign up for a premium account using my code- for details go to Tools and Resources. The $12 annual admin fee is for Superlife invest. Here is a breakdown. Jul 6, 2019 - Are my food expense normal? But we might have a second look at Superlife due to the allocation difference. Juno offers three fund types, Conservative, Balanced, and Growth fund. Juno methodology after listening to the NZ investor podcast featuring the founder. The issuer and manager of the InvestNow KiwiSaver Scheme is Implemented Investment Solutions Ltd. For a Product Disclosure Statement click, That’s why I recommend the beginner to start with Superlife. Yes, as you begin to consume a SuperLife diet, the principle of pure, simplicity applies even to that salt you use. Superlife comes out slightly ahead, thanks to a lower annual administration fee of $12, compared to $18 for Sharesies. Generate. However, the cost on those fund are quite high compare to these four services, which defeat the purpose of low-cost passive investing. SuperLife: This is a KiwiSaver provider that offers funds similar to Simplicity, with investments in shares, bonds, and cash under an index fund arrangement. Simplicity recently opened up their investment fund as non-KiwiSaver options as investors can deposit and withdraw their investment anytime they want. The funds contain varying mixes of assets, with cash and fixed-interest bonds (income assets) making up most of the conservative funds, and equities (growth assets) making up more of the growth options. I will go into that later once I’ve done it myself. Sticking with the default provider may not help you achieve financial independence in the long term. SuperLife offer the most options, functions in the breakdown. Simplicity Kiwisaver . Choose an investment option where the mix of income and growth assets is automatically set based on your age. Some of the links above are affiliate links, meaning, at no additional cost to you, I will earn a commission if you click through. Basically which platform do you use and why? Simplicity started as a nonprofit KiwiSaver provider. A listed PIE is a type of PIE listed on a recognised exchange in New Zealand, and they calculate the tax on a fixed rate regardless of investors PIR. Yes, Superlife/Smartshare have many Vanguard funds that they charge much more for than the underlying fund. All information is being received, collected and held by SuperLife's licensed manager, Smartshares Limited, PO Box 105262, Auckland City 1143. Growth fund type. Simplicity vs. Superlife Kiwisaver Funds. Due the the simple fact of lower fees. There is no minimum investment. SuperLife doesn’t offer similar fees - latest data of its range of funds puts the annual management fee at around ~ 0.50% on a $10,000 investment, far higher than the 0.31% charged by Simplicity. I recommend Cove to insure your car. Superlife is the only KiwiSaver in New Zealand that offers both low fees and a broad range of investments- 38 to be specific. And how much does it actually matter? If you know and use InvestNow, think of SuperLife as the InvestNow of KiwiSaver. The entry requirement is basically nonexistent, and the cost is relatively low. But, I’ve never really looked into some KiwiSaver providers. How to UPGRADE your SuperLife Account Membership Package in your New BackOffice. Simply enter your email address to download the Diversified Income Fund PDS, Simply enter your email address to download the Australasian Equity Fund PDS, Simply enter your email address to download the Australasian Property Fund PDS, thesmartandlazy.com – Smartshares, Superlife, Simplicity & InvestNow. Sorted is a free service powered by CFFC (Commission for Financial Capability). . NZ Funds. Superlife is unique to the kiwisaver providers in giving you the option to manage your Kiwisaver by combining whichever funds you like. Get started with Shareshigt for Free! Juno is part of Pie Funds management limited and launched in 2018- so they’re fairly new. Investment Options-- content here ---- Block start --Age Steps. And given that passive funds simply track indexes and involve less hands-on decision-making, … In its ongoing regulation of KiwiSaver providers, the Financial Markets Authority recently published a snappily titled report: MyFiduciary Analysis of Active versus Passive Management in KiwiSaver. Some people mistaken SmartShares as an investment service provider but in fact, SmartShares is an ETF issuer. In this video I'll be doing a quick review of the 2 low cost Kiwisaver providers: Simplicity and Superlife in terms of: 1. SIMPLICITY. The Conservative fund invests 70% of its money in income assets such as term deposits and bonds, and 30% in NZ and international shares. BALANCED GROWTH FUND. Close. Sorted's approach is to categorise funds almost solely based on their relative levels of equity holdings - more equities = more risk. Simplicity started as a nonprofit KiwiSaver provider. Simplicity offers a KiwiSaver scheme and InvestNow’s SmartShares funds are also used by SuperLife, a KiwiSaver provider. by Jenée Tibshraeny. This is somewhat misleading as Superlife/Smarshares have boasted that they have passed the $4 billon total investment mark. UK pension transfer. Archived. Saved from superlife.ch. Those are great options to build your own balanced and diversified portfolio. TRANSFER NOW. The JUNO Conservative fund aims to preserve capital, with some growth in the 2-5% annually after fees range. The management fee can go as low as 0.04%. They both have pros and cons. Juno- They also tend to hold significantly more cash on hand for any investment opportunities that appear. This means that they don’t follow or recreate a benchmark of a sharemarket index- as what Simplicity and Superlife does. .. 0.85 % Services. Thankfully, the government also agrees that you need to make the right choice for you and have provided you with a resource. Your Kiwisaver will be invested for decades- so I think passively investing is the best choice. We are only one component of a person's financial landscape and actively promote that our customers seek independent professional advice on investments, tax, legal and accounting matters. Growth fund type. Obviously- whichever Kiwisaver provider you want to use is a personal choice- but you have to make it a personal choice. It assumes a static balance during the year, and is calculated on a per annum basis. You can choose the percentage of your Kiwisaver into each fund.The funds can be automatically adjusted to your chosen strategy to keep them at the percentage you choose to use,this too can also be changed over time if you wish too. To put my money where my mouth is, over 90% of my investment are in ETF and Index Fund. Based on this, most of the fund’s return can be predicted year-on-year and this is the less risky Simplicity they fund currently offer. This has resulted in them doing well at starting amounts of $4,000 plus. Add to watchlist; Remove from watchlist; ASB KIWISAVER SCHEME. Check out section 6 on SmartShares’ product disclosure statement. your own Pins on Pinterest InvestNow does not charge any transaction, admin, setup or exit fee at this stage. For most people, it … The Inertia In your Life, And how it can affect your finances. They are Vanguard International Shares Select Exclusions Index Fund (currency hedged and non-hedged version) with management fee at 0.20% and 0.26%. In its ongoing regulation of KiwiSaver providers, the Financial Markets Authority recently published a snappily titled report: MyFiduciary Analysis of Active versus Passive Management in KiwiSaver. Diversified Growth Funds invest in a mixture of asset classes. Mercer. InvestNow vs Simplicity . So let’s review the KiwiSaver providers that are often recommended because they have far lower fees than the majority of KiwiSaver providers. Discussion about Sharesies vs InvestNow vs SuperLife vs something else? The Total World Fund charges are .60% yet Vanguard who manages the fund as Vanguard VT charges 0.08% for the same fund. * Each analysts definition of … Check out another one of my post to learn about how long it takes to switch Kiwisaver check. They have low minimum investment amounts, … The funds sit in three main categories –  Managed Funds (6), Sector Funds (11) and ETF Funds (23). SuperLife makes the pension transfer process as simple as possible, so you can focus on your investment objectives. It tracks the top 500 companies on US stock example, most of them are top international corporations. It is great for both beginner and experienced investor. Find out if your KiwiSaver fund is in the list. The options that offer the cheapest Management Fees (Simplicity, SuperLife, Kernel) only become the cheapest option at higher balances, as they charge account fees. For example, the Superlife NZ Top 50 ETF fund which directly follows the NZX 50 share index charges 0.49% per year, whereas Simplicity's equivalent (the NZ Share Fund) charges 0.31%. The JUNO Balanced fund aims to prove a steady growth of capital in the range of 5-10% annually after fees and tax. FIND OUT MORE. Some fee information supplied by the fund managers may be estimated rather than actual. They tend to carry higher levels of risk, yet have the potential to deliver higher returns over longer investment time frames. Oct 11, 2019 - Superlife is a young design collective based in switzerland. The fund has a 0.60% per annum of fund’s net value, and a $30 yearly administration fee for Kiwisaver, and $12 for investments outside of Kiwisaver. It assumes a static balance during the year, and is calculated on a per annum basis. Sure Simplicity does have a lower fee- but 22% of their growth fund is in bonds and cash. All simplicity funds have a membership fee of $30 $20 a year, plus a fund management fee of 0.30%. With the huge range of investment option available to you with varying degrees of risk and sectors, including kiwi companies, global companies, emerging markets, mining, property, bonds, and government debt, you can arrange your Kiwisaver however you like. This fund is designed for investors that want growth in their fund. GROWTH FUND. Now you can compare KiwiSaver funds and choose the fund type that suits you best. Superlife states “Negative annual returns may occur once in every 7-10 years on average.” The fund has a 0.47% per annum of fund’s net value, and a $12 yearly administration fee. I’ve previously written about different aspects of Kiwisaver- about some of the myths around KiwiSaver, and the downsides of KiwiSaver. Discover (and save!) They issue the ETF for local share markets such as NZ Top 50 (FNZ), NZ Top 10 (TNZ), NZ MID CAP (MDZ) and NZ Bond (NZB). Sharesies, Shares, Index Funds, ETFs, Hatch, Investment, Kernel, Money Education, Simplicity, SuperLife, SmartShares. Not having any fund managers also reduces the chances for those fund managers to incorrectly time the market. Whoops- Yes you are right- I will correct it. Simplicity only offers three managed funds as conservative, balance and growth fund. Although Kiwisaver funds normally advertised at a certain percentage as a fee, you have to add in the membership fee as well to get the true fee charged on your investment. I have asked why and was told because of economies of scale. Booster. Superlife offer the most ETF and Index Funds investment options in New Zealand. Fund Type – Portfolio Investment Entity (PIE) vs. Australian Unit Trust (AUT) Once you have found the fund you are interested in, you can either download the PDS or link through […] By Mike Heath | 2017-06-27T02:54:21+12:00 June 22nd, 2017 | Uncategorised | 0 Comments There you can compare your current fund and check out other funds that are available. I use Sharesight to keep track of my share performance and dividends. Oct 25, 2019 - This Pin was discovered by Naomi Carroll. I use PocketSmith to keep track of my spending, income, networth, and budgeting all in one place. The comparison is below- and includes providers membership fees (if they charge one). September Update 2020: Journey to Financial Freedom update, Offers and Deals for Passive Income NZ Readers, Simplicity growth has a 0.31% total investment fee plus a $30 membership fee, SuperLife 80 has a 0.61% total investment fee plus a $30 membership fee. The SuperLife Income fund invests in income-producing assets, such as company shares that pay dividends. Superlife managed fund has different names, like SuperLife 30 or SuperLife 80. My current KiwiSaver fund is the ANZ growth KiwiSaver. The Managed Fund is is a grouping of financial assets such as stocks, bonds, and cash equivalents. 0.44 % Services. Get KiwiSaver advice that's 100% independent, unbiased and personalised so that you get better outcomes that reflect your values, goals & lifestyle. Superlife fee is the average fee for all their funds. SmartShares, SuperLife, Simplicity, and InvestNow are the four investment services in New Zealand that I am currently using. They have a platinum debit Mastercard, but it's much cheaper than a NZ credit card when overseas! They actively managed their fund supported by traders and analysts. Superlife. Very low fees due to non-profit structure, invests in Vanguard ETFs . All three of the JUNO KiwiSaver funds invest in shares, and many of these shares will pay dividends. When I first started it put my funds into the default funds etc,you then log in and pick what you wish to use from the list or you can stay in any of their standard Kiwisaver funds if you do not wish to pick your own until you understand investing a bit better. Don’t stick with the default provider as you will leave money on the table. JOIN OR TRANSFER. They issue the ETF for local share markets such as NZ Top 50 (FNZ), NZ Top 10 (TNZ), NZ MID CAP (MDZ) and NZ Bond (NZB). Fees. This has resulted in them doing well at starting amounts of $4,000 plus. New Zealand Stock Exchange owns SmartShares. Taking a look at the asset allocation gives you an idea of what the fund invests in as well as the proportions. SuperLife may pass this information to the licensed supervisor, administrators, and other third parties as required, to the extent necessary for the purposes of providing and managing your account. They also believe in ethical investing. Previous Next. Will research more about it. 7.98 % Add to watchlist; Remove from watchlist; BOOSTER KIWISAVER SCHEME. Good comparisons . The $12 fee is for when you invest in Superlife outside kiwisaver. Here is a breakdown of them. (We may also apply some professional judgement to the final categorisation so that the result can pass a common sense test.) So now we are faced with yet another choice for our investment dollar. CrashAndBurn: I have some term deposits maturing next month and would like to give investing in shares a try as the current rates with banks are not good (my current TD is at 5.5%). Investing. 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