Our Fees

You work hard, your money should too. But high and often confusing fees can chip away at your investment.

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What fees apply when using GoalsGetter?

GoalsGetter is a free platform to use and is available to Kiwi investors to set investment goals, view projections and select funds. When you decide to invest in our funds, fees will apply for our fund managers to manage your investment. Below we explain the different types of fees to expect.

When you select a fund, the Product Disclosure Statement (PDS) for that fund will explain the specific fees that are charged. It’s important you read your PDS information before confirming your investment.

Annual fund charges
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Annual fund charges 

All investors in our managed funds pay annual fund charges. These are charged to the fund and are reflected in the unit price. Because they are part of the unit price, they also affect the returns you receive. 

  • These charges are shown on your statement as a management fee which includes expenses. 
  • We cap our expenses to ensure early investors into the funds are not unfairly charged.
  • The annual fund charges are calculated and accrued daily and reflected in the unit price. The management fee is paid monthly to us.
  • A servicing and advice fee of 0.20% is included in the fund fees for the GoalsGetter KiwiSaver Scheme.  If you have invested with us via a Financial Adviser this fee is paid to your adviser for the advice they are providing to you about your investment in the GoalsGetter KiwiSaver Scheme.
  • If you are not receiving financial advice in relation to the GoalsGetter KiwiSaver Scheme, this fee is used to further develop the GoalsGetter advice tool which you are able to access at any time. These charges are shown on your annual KiwiSaver statement as a management fee which includes expenses.

All investors in our GoalsGetter KiwiSaver Scheme funds pay annual fund charges. These are charged to the fund and are reflected in the unit price. Because they are part of the unit price, they also affect the returns you receive.

Annual fund charges

GoalsGetter KiwiSaver Funds

Fund Management Fee* Other Expenses and Performance fees Estimated Total*
GoalsGetter Generate Focused Growth Fund 1.608%^^ 0.005%** 1.61%
GoalsGetter Harbour Active Growth Fund 1.15% 0.0%****  1.15%
GoalsGetter Milford Active Growth Fund 1.25% 0.15%*** 1.40%
GoalsGetter Nikko AM Growth Fund 1.19% 0.10%^^^ 1.29%
GoalsGetter Pathfinder Ethical Growth Fund 1.45% 0.05%^ 1.50%
GoalsGetter Salt Sustainable Growth Fund 1.28% -  1.28%
GoalsGetter Generate Balanced Fund 1.543%^^ 0.002%** 1.55%
GoalsGetter Harbour Sustainable Impact Fund 1.40% 0.0%**** 1.40%
GoalsGetter Milford Balanced Fund 1.25% 0.01%*** 1.26%
GoalsGetter Nikko AM Balanced Fund 1.04% 0.10%^^^ 1.14%
GoalsGetter Milford Conservative Fund 1.15% - 1.15%
GoalsGetter Nikko AM Conservative Fund 0.90% 0.00% 0.90%
GoalsGetter Generate Thematic Fund 1.489% - 1.49%
GoalsGetter Nikko AM ARK Disruptive Innovation Fund 1.45% - 1.45%
GoalsGetter Nikko AM Global Shares Fund 1.35% - 1.35%
GoalsGetter Nikko AM SRI Equity Fund 1.15% - 1.15%
GoalsGetter Nikko AM NZ Cash Fund 0.40% - 0.40%
GoalsGetter Nikko AM NZ Corporate Bond Fund 0.70% - 0.70%

*% p.a. of NAV (Net Asset Value - total assets of the fund, less liabilities).

^Estimated external costs – This is an estimate of charges the underlying Manager may incur for investing in other funds. For this fund, the other funds are the

Green Bond Fund and the Alvarium Sustainable Income Fund.

**Estimated third party fund performance fee

^^Includes estimated third party fund base fee

***Estimated annual performance fee 

^^^Estimated expenses charged by the underlying funds

****These Funds may invest in funds that are managed by Harbour and external managers. As at the date of this document, these Funds have a performance fee

estimate of 0%, because there is no performance fee accrued to date. However, if a performance fee is charged by either a Harbour Fund or external managers,

this is not rebated and will flow through to investors.

A membership fee of $2.50 per month ($30 a year) is applied to addition to the charges in the table above.

 

Nikko AM Investment Scheme

Single Sector Funds

Fund Management Fee* Performance Fee Total Annual Fund Charge*
Nikko AM Core Equity Fund 0.95% No 0.95%
Nikko AM SRI Equity Fund  0.95% No 0.95%
Nikko AM Concentrated Equity Fund 1.15% 10% of gains above
hurdle rate
1.15%
Nikko AM Global Shares Fund 1.20% No 1.20%
Nikko AM Global Shares Hedged Fund 1.20% No 1.20%
Nikko AM ARK Disruptive Innovation Fund 1.30% No 1.30%
Nikko AM NZ Cash Fund 0.30% No 0.30%
Nikko AM NZ Bond Fund 0.65% No 0.65%
Nikko AM NZ Corporate Bond Fund 0.70% No 0.70%
Nikko AM Income Fund 0.80% No 0.80%
Nikko AM Global Bond Fund 0.80% No 0.80%

*% p.a. of NAV (Net Asset Value - total assets of the fund, less liabilities).
GST: All fees and expenses are inclusive of GST where applicable.

Nikko AM Investment Scheme

Diversified Funds

Fund Management Fee* Other Expenses** Estimated Total*
Nikko AM Conservative Fund 0.70% 0.00% 0.70%
Nikko AM Balanced Fund 0.84% 0.10% 0.94%
Nikko AM Growth Fund 0.99% 0.10% 1.09%

*% p.a. of NAV (Net Asset Value - total assets of the fund, less liabilities).
**Charged by the underlying funds & % p.a. of NAV.
GST: All fees and expenses are inclusive of GST where applicable.

Our Managed Funds

Learn about all the Nikko AM retail funds you can invest in through GoalsGetter.

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Our KiwiSaver Funds

Learn about all the Nikko AM KiwiSaver Scheme funds you can invest in through GoalsGetter.

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