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Our Fees

Fees can significantly impact your retirement savings. Understanding the fees associated with your KiwiSaver account is crucial for making informed decisions and achieving your financial goals.

Core Fund Fees

0.63

Specialty Fund Fees

1.10

How do the fees apply to me?

Your Kiwisaver Balance

$

Market Average

Management Fee 1.01%
Membership Fee $15.21

Our Low Fees

Core Fund Fee 0.63%
Speciality Fund Fee
Membership Fee $30.00

Still deciding if we’re right for you? These frequently asked questions may help.

How are fees charged?

Your fees are deducted directly from your account, rather than paid separately. These include management and administration fees, and sometimes performance fees (though not with us). Fees are charged on a monthly basis.

How are my fees calculated?

Your fees are calculated based off the total value of your portfolio per annum. Our core growth and income funds are 0.63% and 1.10% for our Specialty funds. This means that every year you will pay 0.63% on your balance attributed to the core funds and 1.10% on your balance attributed to the specialty funds.

Example Balance $10,000 with 3% invested in our Carbon neutral cryptocurrency speciality fund and 97% in core funds

  • Core fund fees $10,000 x 97% * 0.63% = $61.11
  • Speciality fund fee $10,000 * 3% * 1.10% = $3.30
  • Admin fee = $30.00 
  • Total fee = $94.41

Do fees vary between KiwiSaver providers?

Yes, fees can vary significantly between KiwiSaver providers. Each provider sets their own management fees, administration fees, and other charges. It's important to compare these fees, as they can impact your overall investment returns. Be sure to review the fee structure of each provider to understand the total cost of your KiwiSaver account.

Are there fees for switching funds or providers?

While it’s relatively rare, some providers charge transfer out (exit) fees. There are no transfer ‘in’ or ‘out’ fees with the Kōura KiwiSaver Scheme.

Are there any administration fees for KiwiSaver members under 18?

No, we waive the administration fee for KiwiSaver members under 18 to help them get started on their savings journey. This allows young members to begin investing without the burden of additional costs.

Your fees are deducted directly from your account, rather than paid separately. These include management and administration fees, and sometimes performance fees (though not with us). Fees are charged on a monthly basis.

Your fees are calculated based off the total value of your portfolio per annum. Our core growth and income funds are 0.63% and 1.10% for our Specialty funds. This means that every year you will pay 0.63% on your balance attributed to the core funds and 1.10% on your balance attributed to the specialty funds.

Example Balance $10,000 with 3% invested in our Carbon neutral cryptocurrency speciality fund and 97% in core funds

  • Core fund fees $10,000 x 97% * 0.63% = $61.11
  • Speciality fund fee $10,000 * 3% * 1.10% = $3.30
  • Admin fee = $30.00 
  • Total fee = $94.41

Yes, fees can vary significantly between KiwiSaver providers. Each provider sets their own management fees, administration fees, and other charges. It's important to compare these fees, as they can impact your overall investment returns. Be sure to review the fee structure of each provider to understand the total cost of your KiwiSaver account.

While it’s relatively rare, some providers charge transfer out (exit) fees. There are no transfer ‘in’ or ‘out’ fees with the Kōura KiwiSaver Scheme.

No, we waive the administration fee for KiwiSaver members under 18 to help them get started on their savings journey. This allows young members to begin investing without the burden of additional costs.