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  1. #1
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    Default Which Kiwisavers do you rate?

    Hi ,i keepprocastinating re signing up as i don't want to end with an insipid performance provider and making little.Whats been good for you performance wise? (Been a hard few years for gains). Being 7 years away from collecting i want to be in to collect something besides my own variable attempts in the mkts.Appreciate thoughts, cheers

  2. #2
    Member ENP's Avatar
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    Anywhere there are low fees are the ones to go for.

    I like Superlife.

  3. #3
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    Quote Originally Posted by ENP View Post
    Anywhere there are low fees are the ones to go for.

    I like Superlife.
    I also use Superlife. I think them are the best provider.
    You make your own luck.

  4. #4
    Junior Member D B Cooper's Avatar
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    Agreed - Superlife is the best, can pick and mix allocations to different areas and move quickly, also low fees and good service.

  5. #5
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    I have recently moved to Superlife based on recommendations here. The flexibility and low fees are what attracted me.
    Free delivery worldwide with Book Depository http://www.bookdepository.co.uk

  6. #6
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    Quote Originally Posted by ENP View Post
    Anywhere there are low fees are the ones to go for.

    I like Superlife.
    High profits should be the criterion. Noit the fees.

  7. #7
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    Quote Originally Posted by fungus pudding View Post
    High profits should be the criterion. Noit the fees.
    Its amazing how fees can affect the performance fungus;do you have a provider you can recco?.Thanks CJ,D B,,Lou ,how has the performance,return been. cheers

  8. #8
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    http://www.consumersaver.org.nz/kiwi...pages/calcform

    http://www.goodreturns.co.nz/kiwisav...der-table.html

    Some homework for you!

    Personally, I have always struggled to compare providers, as no one product is the same as another, they all appear to be structured differently, fees as well.

    I started with Gareth Morgan, switched to Fisher. Currently thinking I might have a look at Milford, Superlife.

    Always remember that you can change the structure (balanced/growth etc) about twice a year with most providers, no cost)

    Good luck with your choice!
    Last edited by karen1; 26-05-2012 at 09:25 AM.

  9. #9
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    Quote Originally Posted by Joshuatree View Post
    Its amazing how fees can affect the performance fungus;do you have a provider you can recco?.Thanks CJ,D B,,Lou ,how has the performance,return been. cheers
    It's the result that matters, so look for performance. A fund that has double the fees, and makes quadruple the gains would be better than simply going for low fees. Sometimes you actually do get what you pay for. I have no idea who is any good. I've taken no interest. I retired 30 odd years ago and turn 65 next year, so I just opted for the first name that come into my head that I considered safe, or likely to avoid volatility in the short time frame I had. I picked Garreth Morgan, but I'm only there for the $1k kick start and the tax credit and pay the minimum $100 per month. In the scheme of things it's so trivial that I can't be bothered even thinking about changing. I'm well set up, but if I were younger, I' d stay well clear of Morgan.

  10. #10
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    Superlife for my wife, has good flexibility and craigs for myself I choose what shares or funds I want in it. Superlife is ahead.

  11. #11
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    Many thanks folks for your sharings.A wealth of Health to all.

  12. #12
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    Quote Originally Posted by fungus pudding View Post
    I'm well set up, but if I were younger, I' d stay well clear of Morgan.
    care to elaborate?

  13. #13
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    Quote Originally Posted by smpl View Post
    care to elaborate?
    I understand that the returns from Gareth Morgan have been less than stella, despite his constant criticism of his competitors.

    However, it sounds like Fungus Pudding has such a small amount in Kiwisaver that it is not worth changing, given his proximity to retirement (access to the funds and in particular, all the government contributions) and the fact that if he moves elsewhere for such a short time, they may perform just as badly (better the devil you know ...).
    Free delivery worldwide with Book Depository http://www.bookdepository.co.uk

  14. #14
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    Quote Originally Posted by smpl View Post
    care to elaborate?
    I'm not suggesting others should avoid him, but the more I listen to him, the less I like him. Just a persoanal thing. He hasn't done that well with his funds, and now sold out to Kiwibank but staying on as manager, or some such arrangement.

  15. #15
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    Quote Originally Posted by CJ View Post
    I understand that the returns from Gareth Morgan have been less than stella, despite his constant criticism of his competitors.

    However, it sounds like Fungus Pudding has such a small amount in Kiwisaver that it is not worth changing, given his proximity to retirement (access to the funds and in particular, all the government contributions) and the fact that if he moves elsewhere for such a short time, they may perform just as badly (better the devil you know ...).
    That's about it. I retired many years asgo, but joined in for the tax credit till I'm 65, but paid the minimum $100 per month, so nothing to get excited about.

  16. #16
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    OK Head to head Superlife NZ Shares: Hellaby NZ Ryman Healthcare NZ
    Ebos NZ
    Skellerup Holdings NZ
    Auckland Int'l Airport NZ Mainfreight NZ Freightways NZ
    Fletcher Building NZ F&P Appliances NZ
    Sky Network TV NZ Westpac NZ Chorus Limited NZ
    ANZ Bank NZ Methven Limited NZ Pacific Edge NZ Sky City NZ Delegat's Group NZ
    F&P Healthcare NZ
    Abano Healthcare NZ Nuplex NZ
    Cavalier NZ
    Rakon NZ
    Oceana Gold NZ
    Cue Energy Resource Ltd
    Make NZ good and great, God defend NZ.

  17. #17
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    And Milford Growth EBOS (NZ) 4.9% Mainfreight (NZ) 1.4% Invocare (AUST) 1.0%
    Ryman Healthcare (NZ) 4.7% Cromwell Group (AUST) 1.4% Auckland Airport (NZ) 0.9%
    Diligent (NZ) 4.5% Tower (NZ) 1.3% Coca-Cola Amatil (AUST) 0.9%
    Delegatís (NZ) 2.9% APA Group (AUST) 1.3% Amcor (AUST) 0.9%
    Telecom (NZ) 2.9% Sky City (NZ) 1.3% Briscoes Group (NZ) 0.9%
    Turners Auctions (NZ) 2.4% Ecoya (NZ) 1.3% Xero (NZ) 0.9%
    Spark Infrastructure (AUST) 2.3% Ramsay Health Care (AUST) 1.3% Mirvac (AUST) 0.9%
    Chorus (NZ) 2.1% Fletcher Building (NZ) 1.2% Infratil (NZ) 0.8%
    Restaurant Brands (NZ) 1.9% Ecoya (NZ) 1.2%
    Trade Me Group (NZ) 1.7% Kauri Property Trust (NZ) 1.1% Various Other Holdings* 17.9%
    Telstra (AUST) 1.6% Tourism Holdings (NZ) 1.1% Bonds 7.1%
    Sky TV (NZ) 1.5% Oil Search (AUST) 1.1% Cash 19.4%
    Make NZ good and great, God defend NZ.

  18. #18
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    And I guess superlife Aust - though I see Milfords biggest holding is 20% CASH


    Coca-Cola Amatil Ltd 4.8%
    Monadelphous Group Ltd 4.7%
    AGL Energy AUST 4.7%
    Campbell Brothers AUST 4.6%
    Resmed INC AUST 4.6%
    Sonic Healthcare AUST 4.5%
    Woolworths AUST 4.5%
    BHP Billiton AUST 4.5%
    Wesfarmers AUST 4.4%
    ANZ AUST 4.4%
    Amcor AUST 4.3%
    Sydney Airport AUST 4.2%
    Ansell AUST 4.1%
    Westpac Banking AUST 4.0%
    QBE Insurance Group AUST 3.8%
    Silver Lake Resources AUST 3.8%
    Suncorp AUST 3.6%
    Fortescue Metals AUST 3.4%
    Brambles AUST 3.4%

  19. #19
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    Over 3 yrs Superlife NZ shares 3yrs 11.1% Aust shares 4.2% Milford Growth 10%

    Fees Superlife 1. The administration fee is a net $33 a year that is deducted at the rate of $2.75 a month.
    2. Percentage of asset fee
    The percentage of asset fee charged by SuperLife is 0.2% p.a. of assets. This is deducted off the investment return before the return is credited to your KiwiSaver Account.

    Investment management
    SuperLife implements the investment option decisions of its KiwiSaver members, by investing in the equivalent investment option under SuperLife’s superannuation scheme (“SLSS”). This is a separate registered superannuation scheme that is part of the SuperLife offering. The investment management fees are the fees under this scheme - no investment management fees are deducted from the SLKS.

    The current investment fees charged by the investment managers before the returns are paid to SuperLife's KiwiSaver scheme are:

    Pool
    Before-tax investment management fees (p.a.)

    Cash 0.30%
    NZ bonds

    0.33%
    Overseas govt. bonds 0.34%
    Overseas non-govt. bonds

    0.38%
    Property 0.40%
    NZ shares 0.40%
    Australian shares 0.40%
    Overseas shares (currency hedged) 0.36%
    Overseas shares (unhedged) 0.35%
    Milford Milford KiwiSaver Plan Fee Structure
    Milford Active Growth Fund

    Member Registry and Administration Fee
    $36 per annum

    Management Fee 1.05%
    This includes all Fund operating costs including; Trustee, custodial, accounting, unit pricing, audit and other expenses. Management Fees are rebated where the Active Growth Fund invests into the Milford Active Growth Unit Trust Fund.

    Performance Fee
    15% of the performance of the Active Growth Unit Trust Fund (after deducting the management fee) above the target return of 10.0% per annum is potentially payable to Milford.

  20. #20
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    Milford is active and Superlife passive although you can switch as often as you like between many classes so you could be active.

    I am with Superlife but could be tempted to leave it to Mr Gaynors team - if I was to be more hands off.

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