-
Why am I not surprised no refernce had been made to this: http://www.morningstar.co.nz/s/docum...rvey130122.pdf
-
Member
Does anyone have a view on how this new Kiwisaver provider Generate will go? http://www.generatekiwisaver.co.nz/
They invest only in hedge funds. Just an excuse to charge higher fees or could they be onto something?
-
Well its been great to read all these threads. Progress report , i still havn't signed up with any one; but right now am enjoying the effects of a single gin and tonic. Wasn't long ago i could not drink at all due to Gerd symptons so just one is having the effect of half a bottle. Im 58 so prob would pay to participate. Anywhichway my bro sent me this;"Dark matter is love and, love matters.
-
Member
Originally Posted by Anonymous
Does anyone have a view on how this new Kiwisaver provider Generate will go? http://www.generatekiwisaver.co.nz/
They invest only in hedge funds. Just an excuse to charge higher fees or could they be onto something?
There fees seem very high for what they are doing. They take a 1% management fee and they are not directly managing your money. They are investing with other managers who will be charging fees as well.
-
Originally Posted by turmeric
Hi there, firstly thanks everyone for the helpful advice. Secondly, re the Morningstar report minimoke, Ive read these a few times before, just checking though, is Morningstar's report typically the best out there in profiliing all the providers and their returns? Cheers.
I don't know about the best, but as far as I'm aware its pretty much the only one that attempts to compare apples with apples. There are so may providers with so many different fee structures with a variety of investment options and fund sizes its not an easy task. As they always say with these types of reports (an the individual provider reports) "past performance is no guarantee of future performance"
-
Member
2012 Superlife NZ shares made 37% after fees. Probably similar to Milford if you think milford is not 100% nz shares. Superlife did well with their PEB though so may be a one off.
http://www.superlife.co.nz/superlife...uary-2013.html
Originally Posted by absolut-advance
-
http://www.nzherald.co.nz/business/n...ectid=10893099
So not Kiwibank/Gareth Morgan
Methinks it is the one that the has had previous 'disgreements' with the regulators ..... and one that many are more than satisified with on this thread
-
Bremner said it was unfortunate the recent announcements had created "a game of guess who?" in the industry and amongst investors.
"But it's unfortunate that a minor matter has been played out in the press in the manner that it has." The FMA has declined to name the two providers and has said its problems in the offer documents were "at the compliance end" of its regulatory scale.
What an arse - he makes the situation worse by ruling their funds out as if everyone did it, only the 2 'guilty' funds would be left without an announcement.
-
Member
I've recently been looking into this, im 35 and noted the fee calculator today on https://www.sorted.org.nz/calculators/kiwisaver-fees
does anyone know about the Mercer Super Trust KiwiSaver scheme ??? says they have 0% fees.. seems too good to be true?
can anyone offer any advice?
-
Originally Posted by Alz99
I've recently been looking into this, im 35 and noted the fee calculator today on https://www.sorted.org.nz/calculators/kiwisaver-fees
does anyone know about the Mercer Super Trust KiwiSaver scheme ??? says they have 0% fees.. seems too good to be true?
can anyone offer any advice?
very difficult to give advice these days and stay within the law without the right qualifications , disclosures , and research on client .
Have a look at http://www.morningstar.com.au/s/docu...rvey2015Q4.pdf
This will show you over the last 5 years who has a good track record. Past performance is no guarantee of future performance. However the guys/girls in the top 3 on the active growth must be doing something right when you compare them to some of the lower performing funds ..... Don't get too caught up in the free fees .. I'd rather be making 14 % PA and paying a reasonable fee, than paying nothing and only getting 6 % .
Think of your fund manager as a sports team ...who would you back to win the World Cup , NZ or Tonga .
Posting Permissions
- You may not post new threads
- You may not post replies
- You may not post attachments
- You may not edit your posts
-
Forum Rules
|
|
Bookmarks