We have a simple fee structure
As an investor in one of ANZ’s investment funds, when it comes to fees, we have a straightforward approach. We charge just a single fee which covers absolutely everything that’s involved in the management of your investment. It’s called the annual fund charge, and it’s a percentage amount based on the fund (or funds) you’ve chosen to invest in. It’s also a maximum – we make sure you don’t pay any more than the percentage stated.
Importantly, the annual fund charge pays for the investment management of the fund – that is the skills and expertise of our investment team who carefully manage the money you have invested in it. The charge also covers things like the fee of the fund’s supervisor, and some expenses.
The good news is we don’t charge anything else. Whenever your contributions hit your account, you make changes to your fund choice or ask for a withdrawal, there aren’t any additional charges. Likewise, we don’t charge you any extra fees just because your fund is performing well. After the annual fund charge, and any taxes, the return you receive from your investment is always yours.