A little help and information for your
Koru KiwiSaver and Koru FlexiSaver accounts
For your Koru KiwiSaver Plan, we currently reduce the administration fee to 0.15% per year for all funds you invest in.
The member fee has been waived while you are a member of the Plan. This is a reduction of the member fee stated in the PDS which is currently $23.40 per annum ($1.95 per month).
For more information on fees and fund charges for your Plan, refer to the Koru KiwiSaver Member Booklet. All other fees and charges applying with respect to your Plan and the Scheme, and a description of what these fees cover and which have been estimated, are set out in the PDS, the Fund Update Booklet and the ‘Fees and other charges’ document.
For your Employer Plan, we currently reduce the administration fee for all funds you invest in to 0.15%. This is a reduction from the administration fee which is stated in the “What are the fees?” section of the PDS as currently being 1.4925%. This fee will apply to you regardless of the amount of money your Employer Plan invests into the NZRT.
We currently waive the member fee while you remain a member of your Employer Plan. This is a reduction from the member fee stated in the PDS which is currently $107.52 per annum ($8.96 per month).
For more information on fees and fund charges for your Plan, refer to the Koru FlexiSaver Member Booklet. A copy of your member booklet is available from Adviser or from the HR Solutions Centre.
All other fees and charges applying with respect to your Plan and the Scheme, and a description of what these fees cover and which have been estimated, are set out in the PDS, the Fund Update Booklet and the ‘Fees and other charges’ document.
You can direct questions about the Plan to your Employer and/or your Plan Adviser:
AMP Wealth Management New Zealand Limited is the issuer and manager of the AMP KiwiSaver Scheme (the 'Scheme'). The Supervisor of the Scheme is The New Zealand Guardian Trust Company Limited.
For more information, download a copy of the AMP KiwiSaver Scheme Product Disclosure Statement and Fund Update Booklet, which have been lodged on the Scheme's offers register entry at companiesoffice.govt.nz/disclose.
If you are a NZRT member, download the NZRT Product Disclosure Statement and NZRT Fund Update Booklet, ask your employer for a copy of your member booklet, or speak to your Adviser.
Please note that investment in the Scheme carries risk and we recommend that you read the entire Product Disclosure Statement and Fund Update Booklet to help you assess the risk of investing in the Scheme.
Underlying assets of some of the investment funds comprised in the Scheme will rise and fall in value and returns may (with exceptions) from time to time be negative. Depending on the particular investment fund and the length of time for which an investor has invested, it is possible that an investor may receive less than the initial investment on withdrawal.
While care has been taken to supply information on this website that is accurate, none of AMP Wealth Management New Zealand Limited, the Supervisor, the underlying fund managers, any of their related companies, their directors, the Crown or any other person guarantees the Scheme, any investment in the Scheme, or any returns on an investment in the Scheme, or gives any warranty of reliability or accuracy, or accepts any responsibility arising in any way including from any error or omission. Past performance is not indicative of future performance and is not guaranteed by any party. Returns over different periods may differ.
A disclosure statement is available from your Adviser, on request and free of charge.