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 eleven investment fund options outside of our KiwiSaver scheme. In addition to our four diversified investment funds - Conservative, Balanced, Growth and High Growth funds, we have one thematic fund - Homes and Income Fund ( all charge ...
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 ...
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 for individual or joint accounts. For other entities, such as trusts or companies, the minimum initial investment is $100,000. After your account is open, there is no limit on the value of subsequent ...
Applying for an Investment Fund account only takes a few minutes online here. You'll need to provide your IRD number and NZ photo ID, like a passport and driver's licence. Once we've completed our verification checks, we'll send you information about ...