What are the fees for the Fisher Funds TWO KiwiSaver Scheme?

Fisher Funds charges a fee to actively manage your investment in the Fisher Funds TWO KiwiSaver Scheme.

The annual fund charges below are based on the fees and expenses from the 31 March 2022 audited financial statements. They are a reasonable estimate of the annual fund charges that are likely to be charged in the future.

Buy and sell spreads

Although under normal trading and market conditions Fisher Funds doesn’t apply buy and sell spreads, Fisher Funds may choose to do so - for example, during periods of exceptionally high transaction volumes.

You can find out if any buy or sell spreads have been applied here.

Information about the methodology for calculating dollar cost of fees on annual KiwiSaver scheme client statements

As the provider of the Fisher Funds TWO KiwiSaver Scheme, our annual member statements must show the fees members have paid, as a dollar amount, and describe the method used to calculate them on our website.

We allocate fees and expenses (charged at the fund level for the relevant accounting period) to members using the daily cents per unit (CPU) methodology.

The CPU methodology attributes fees and expenses, including those from underlying internal and external funds, to the relevant members at every fund valuation period (usually on a daily basis) using the client’s actual balance at the time the fund is valued.

Where an underlying external fund does not provide a daily CPU fee calculation, we estimate this amount based on their disclosed fees and apply this to the relevant fund.