What's the difference between Investment Funds and term deposits?
What's the difference between Investment Funds and term deposits?
Our Investment Funds are different from term deposits where you invest a set amount for a specified time, and you’re guaranteed a certain rate of return on top of the original amount you invested. With a Simplicity Investment Fund, you’re investing in assets which go down as well as up in value. You can see their performance over various timeframes here.
Simplicity has ten investment fund options outside of our KiwiSaver scheme. In addition to our four diversified investment funds - Conservative, Balanced, Growth and High Growth funds (0.25% p.a., or $2.50 for every $1000 invested), we have six ...
As a fund manager, there are some differences in the way money is transferred compared to a regular bank transaction. The timeframes we provide take into account the time it takes to value your investment and buy units of your fund. Deposits take 2 ...
There is no minimum initial investment amount and no limit on the value of subsequent deposits. One-off deposits can be made at any time, or you can set up an automatic payment directly from your internet banking.
Our business is ultimately a social enterprise, so responsible investing is an important issue for us and our members. We specifically exclude investments in companies with significant involvement in activities such as fossil fuel extraction, weapons ...
To create a Simplicity Investment Fund account for your child please complete the application form here. You'll need your child's birth certificate, the parent/guardians ID and all of your IRD numbers handy. You have the choice of adding one or two ...