Our current annual management fee is 0.24%. From 1 October 2026, this will reduce to 0.23% per year, equivalent to $2.30 annually for every $1,000 invested.

The fee is calculated and deducted daily and is shown as a dollar amount in your online account.

As a nonprofit fund manager, our long-term goal is to continue reducing fees as we grow and benefit from economies of scale. We have already cut our fees seven times.

Simplicity NZ Limited is wholly owned by the Simplicity Foundation. We donate 15% of our fees to the Foundation, which supports New Zealand charities.