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  1. #1
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    I have transferred my kiwisaver to Simplicity - very low fees and index tracking attracted me. I am in the process of transferring my wife's kiwisaver as well. They now have 4500 members and 115 million under management (approximately $25,500/member) which is not bad for a new small kiwisaver provider.

  2. #2
    Guru
    Join Date
    Nov 2013
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    Quote Originally Posted by RRR View Post
    I have transferred my kiwisaver to Simplicity - very low fees and index tracking attracted me. I am in the process of transferring my wife's kiwisaver as well. They now have 4500 members and 115 million under management (approximately $25,500/member) which is not bad for a new small kiwisaver provider.
    I have just moved mine acrross to. Will give them a year, then compare to the wifes, then chat with her about moving hers.

  3. #3
    Member
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    Jan 2013
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    Wellington
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    Quote Originally Posted by Harvey Specter View Post
    I have just moved mine acrross to. Will give them a year, then compare to the wifes, then chat with her about moving hers.
    Same here. I've moved to Simplicity from Milford - I will be interested in how the results (AFTER fees) compare. I might also move the children from ASB but it is a bit more hassle for minors and I'm not sure I won't everyone's KS in the same boat.

  4. #4
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    May 2014
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    Quote Originally Posted by kiwico View Post
    Same here. I've moved to Simplicity from Milford - I will be interested in how the results (AFTER fees) compare. I might also move the children from ASB but it is a bit more hassle for minors and I'm not sure I won't everyone's KS in the same boat.
    gl with that lol.

    you know a % of milfords fees are performance based right??? - "high" fees because you get higher returns

  5. #5
    Senior Member
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    Dec 2014
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    Quote Originally Posted by alistar_mid View Post
    gl with that lol.

    you know a % of milfords fees are performance based right??? - "high" fees because you get higher returns
    The returns don't look that impressive though...

    https://milfordasset.com/performance/fund-performance/

  6. #6
    Legend peat's Avatar
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    Aug 2004
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    Whanganui, New Zealand.
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    6,449

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    Quote Originally Posted by huxley View Post
    The returns don't look that impressive though...

    https://milfordasset.com/performance/fund-performance/
    well they are impressive according to Morningstar

    http://www.morningstar.com.au/s/docu...17Q1_Final.pdf

    I quote pg 1

    The bestperforming KiwiSaver Schemes since inception is MilfordKiwiSaver Active Growth.

    refer pg 6 where Milford Conservative is ranked 1st for the 1 year and 3 year categories
    refer pg 8 where Milford Balanced is ranked 1st for 1,3 and 5 year categories
    For clarity, nothing I say is advice....

  7. #7
    Senior Member
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    Dec 2014
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    Quote Originally Posted by peat View Post
    well they are impressive according to Morningstar

    http://www.morningstar.com.au/s/docu...17Q1_Final.pdf

    I quote pg 1

    The bestperforming KiwiSaver Schemes since inception is MilfordKiwiSaver Active Growth.

    refer pg 6 where Milford Conservative is ranked 1st for the 1 year and 3 year categories
    refer pg 8 where Milford Balanced is ranked 1st for 1,3 and 5 year categories
    https://superlife.co.nz/superlife-s-...rmance-surveys

    I suspect you already know this..

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