Using the most recent returns and fund update reports, we will examine Simplicity’s recent KiwiSaver performance.
Simplicity, a nonprofit fund management company, is dedicated to helping Kiwis achieve financial prosperity through low fees and an ethical investment approach.
Performance of Simplicity KiwiSaver Fund
News about Simplicity
In recent news (May, 2023), Simplicity strengthens its commitment to unlisted New Zealand assets through increased investment, including housing, in the form of affordable construction and mortgages. Also, Simplicity has announced that they have not only reduced its annual fund charges but also introduced new seven funds.
Performance of Simplicity KiwiSaver FundsÂ
|
Funds |
1 year |
5 years |
Since Inception |
| Conservative Fund | 2.49% | 1.82% | 2.40% |
| Balanced Fund | 6.69% | 4.69% | 5.02% |
| Growth Fund | 9.31% | 6.38% | 7.06% |
| High Growth Fund | N/A | N/A | N/A |
Sourced From Simplicity Fund Performance ReportÂ
These returns are to 31 August 2023 and are before tax and after fund management fees. Past performance is not necessarily an indicator of future performance, and return periods may differ.
Note: The following information is sourced from Simplicity Quarterly Fund ended on 30 June 2023
Simplicity Conservative Fund
Simplicity Conservative Fund aims to provide investors with limited exposure to growth assets. it invests mainly in income assets. Investors can anticipate lower returns over the long term of 10 years or more, but investors can expect less fluctuation in the value of the investment.
The following is sourced from Simplicity Conservative Fund Update
Returns
Fees
The total annual fees for investors in the Simplicity Conservative Fund are 0.31%.
Investment mix
The investment mix shows the types of assets that the fund invests in.
Top ten investments
This table shows Simplicity´s top 10 investments in the Conservative KiwiSaver Fund, which make up 18.76% of the fund.
Simplicity Balanced Fund
Simplicity Balanced Fund aims to provide investors with exposure to a mix of growth and income assets. The fund is likely to provide a lower return over the long term of 10 years or more.
The following is sourced from Simplicity Balanced Fund Update
Returns
Fees
The total annual fees for investors in the Simplicity Balanced Fund are 0.31%.
Investment mix
The investment mix shows the types of assets that the fund invests in.
Top ten investments
This table shows Simplicity´s top 10 investments in the Balanced KiwiSaver Fund, which make up 17.33% of the fund.
Simplicity Growth Fund
Simplicity Growth Fund aims to provide investors with high long-term returns, with the majority of its investments in growth assets and limited exposure to income assets.
The following is sourced from Simplicity Growth Fund Update
Returns
Fees
The total annual fees for investors in the Simplicity Balanced Fund are 0.31%.
Investment mix
The investment mix shows the types of assets that the fund invests in.
Top ten investments
This table shows Simplicity´s top 10 investments in the Balanced KiwiSaver Fund, which make up 20.29% of the fund.
Simplicity High Growth Fund
Simplicity High Growth Fund aims to provide investors with high long-term returns, with the majority of its investments in high growth assets and limited exposure to income assets.
The following is sourced from Simplicity High Growth Fund Update
Returns
Fees
The total annual fees for investors in the Simplicity Growth Fund are 0.29%.
Investment mix
The investment mix shows the types of assets that the fund invests in.
Top ten investments
This table shows Simplicity´s top 10 investments in the Growth KiwiSaver Fund, which make up 29.84% of the fund.
Data for Simplicity KiwiSaver funds have been sourced from Simplicity KiwiSaver Funds. Past performance is not necessarily an indicator of future performance, and return periods may differ.
To see if Simplicity has the appropriate fund that aligns with your value, retirement goals, and situation, complete National Capital’s KiwiSaver HealthCheck.