KiwiSaver rates, fees and agreements


Fees and charges

You’ll pay an annual fund charge for investing in the ANZ KiwiSaver Scheme.

This is a percentage amount based on the fund (or funds) you’ve chosen to invest in. Importantly it pays for the investment management of that fund – that is the skills and expertise of our investment team who carefully manage the money you have invested. It also pays for the supervision of our scheme by an independent third-party, and our regular communications to you. The annual fund charge is calculated daily and will reduce a fund's unit price.

The current maximum annual fund charges are shown in the table below, although the actual charge may vary each year because expenses vary. Although you won’t pay more than the maximum annual fund charge percentage listed below, expenses can be carried forward and recovered in future years.

Annual fund charge
(percentage of net assets)

Cash Fund


Conservative Fund


Conservative Balanced Fund


Balanced Fund


Balanced Growth Fund


Growth Fund


High Growth Fund


For more information about the ANZ KiwiSaver Scheme fees, please refer to the ANZ KiwiSaver Scheme guide and product disclosure statement.

Important information

View ANZ Investments important information (PDF 52KB) for the ANZ KiwiSaver Scheme and the ANZ Default KiwiSaver Scheme.

ANZ New Zealand Investments Limited is the issuer and manager of the ANZ KiwiSaver Scheme and the ANZ Default KiwiSaver Scheme.