What is Cash4Schools™?
Cash4Schools™ is a fantastic initiative from Fisher Funds Management Limited (Fisher Funds*), designed to help New Zealand schools reach their full potential. A school will receive a $20 donation from Fisher Funds* for each new member who joins or transfers to the Fisher Funds TWO KiwiSaver Scheme and nominates that school, as well as an ongoing donation based on a percentage of what that member has in their Fisher Funds TWO KiwiSaver Scheme account (currently equivalent to $5.00 p.a per $10,000 invested for each member who participates in the programme)*.
How does the ongoing donation work?
Each year Fisher Funds* will donate an amount equivalent to 0.05% of your Fisher Funds TWO KiwiSaver Scheme account balance to your nominated school (see Terms and Conditions below). As your Fisher Funds TWO KiwiSaver Scheme account balance grows, a larger amount is donated to your nominated school by Fisher Funds*. If your family, other families and community members also sign up and nominate your school, then a donation will be paid for them too.
Who pays for the donations?
Fisher Funds* pays for both the $20 sign up donation and the ongoing donation to the nominated school. Neither you, nor the Fisher Funds TWO KiwiSaver Scheme, or its Supervisor, will pay the donation. There are no extra charges to you as a member of the Fisher Funds TWO KiwiSaver Scheme. So not only will you get all the benefits of investing through Fisher Funds*, now you will also get the satisfaction of knowing your decision to choose the Fisher Funds TWO KiwiSaver Scheme is directly helping your nominated school.
I have joined KiwiSaver through another provider, can I participate?
Yes you can. All you need to do to transfer to the Fisher Funds TWO KiwiSaver Scheme is to read the product disclosure statement, complete the application form at the back and state that you are already an existing KiwiSaver member (remember to nominate your school in this process!). We will automatically arrange for the transfer of your KiwiSaver account from your existing provider.
How do I join the Fisher Funds TWO KiwiSaver Scheme?
You can sign up to the Fisher Funds TWO KiwiSaver Scheme either online or by completing an application form which you'll find in the product disclosure statement). The product disclosure statement, contains all the information you will need to make your decisions. Please read it carefully before completing your application. If you sign up online, you will automatically download a copy of the product disclosure statement as part of the sign up process.
How do I nominate my school?
When you complete the application form (found at the back of the product disclosure statement), nominate your school by inserting the school name in full in the section headed School Nomination.
If you are already in the Fisher Funds TWO KiwiSaver Scheme, and want to nominate a school, or wish to change your nominated school, please complete this form.
Note: It is important that you clearly write the full name of your chosen school. This way you will make sure we know who you want us to be donating money to!
If you have any questions about our Cash4Schools™ programme, or to obtain a copy of the Fisher Funds TWO Product Disclosure Statement please call 0800 20 40 60 and we'll be happy to help.
For schools who want to register with us, please complete the School Registration Form.
New and existing members of the Fisher Funds TWO KiwiSaver Scheme are eligible to nominate a school under the Cash4Schools™ programme, subject to the following terms and conditions:
- Following registration to the Cash4Schools™ programme, Fisher Funds Management Limited will provide a quarterly donation to the school equal to 0.05% p.a of funds under management for those Fisher Funds TWO KiwiSaver Scheme members who have nominated a school, provided that the quarterly donation payment is $50 or more. If the donation amount due to the school is below $50, the donation will be held until the next donation date, or until such time as the donation amount exceeds $50.
- Fisher Funds Management Limited will make a $20 one-off donation to the school for each Fisher Funds TWO KiwiSaver Scheme member that nominates the school as their beneficiary. The $20 donation will only be made for those members who are not already a member of the Fisher Funds TWO KiwiSaver Scheme.
- No additional money is payable by the members, the Supervisor, or the Fisher Funds TWO KiwiSaver Scheme.
Fisher Funds Management Limited reserves the right to review and amend these terms and conditions at any time.