Last 5 years average returns
This figure displays the 5-year average return of the fund, after fees and taxes. It is calculated by taking every year’s returns for the past five years and averaging them out into a single number.
Last 5 years average returns - Category Average
This figure displays the average 5-year return of all the funds in the asset allocation category that the fund is designated in. Data is sourced from the Morningstar KiwiSaver Survey.
Annual fund fees
There are a few elements that make up the total fees for investing in the fund. The total fees include:
The fees used in the calculation for the data shown on the webpage include the manager’s fee, the performance-based fees, and the other fees. The Base/Membership Fee is not included here.
Annual fund fees - Category Average
This figure displays the average fund fees of all the funds in the asset allocation category that the fund is designated in. Data is sourced from the Morningstar KiwiSaver Survey.
This data is sourced from the Sorted Website (sorted.org.nz). The overall service rating can be broken down into:
The ratings in each of those categories are then averaged to come up with the overall Services Rating data displayed on the performance report page.
Social Good Score
This data is sourced from the BetterSaver website (https://bettersaver.co.nz/social-good). They have five factors that are weighted differently and are aggregated into an overall social good score. These five factors are:
These figures display the distribution of investments in a fund. Growth Assets include commodities, equity shares, and listed & unlisted property. Income Assets include all fixed-income assets. This data is not calculated by National Capital but is sourced from the FMA Disclose Register.
Total Value of Fund
This figure displays the total value of the fund and is rounded up or down to the nearest million. For funds that have less than $NZ 10 Million total value, the number is rounded to the nearest $10,000 (i.e. $NZ 7.65 Million)
KiwiSaver Balance Today
This figure displays the amount of money in $NZ you will have if you had invested $20,000 five years ago into the fund listed. This is calculated with a future value formula using the average after taxes and after fees return of the fund over a period of five years.
This data is sourced from the FundSource website. The Star Ratings in FundSource's performance tables are based on FundSource's quantitative assessment of the funds.
The ratings are intended to provide a historical risk-adjusted performance measure which should be used for illustrative purposes only. The ratings are purely quantitative and they do not portray the fund's future performance potential.
Here’s a link to the FundSource FAQ section, where their methodology is explained in-depth: https://www.fundsource.co.nz/investing-in-managed-funds/frequently-asked-questions/
Important: The performance report does not contain ﬁnancial advice, only information. Past performance is not necessarily indicative of future performance. If you want personal ﬁnancial advice on which KiwiSaver fund is suitable for you, please submit the KiwiSaver HealthCheck.