Sharesies KiwiSaver SchemeA KiwiSaver experience that’s more you
We’re reimagining the way New Zealanders experience KiwiSaver. Get ready to save for your retirement or first home with more choice and more control.
Register your interest to be kept in the loop and for a chance to be one of the first to get access.
The choice you’ve been waiting for
Make a difference for your future self—and the world you want to live in—with the choice to invest your KiwiSaver balance and future contributions in the NZ companies and exchange-traded funds (ETFs) that matter to you most.
It’s your money, your future. Make it yours!
More choice, more you
Pick individual NZ companies and ETFs that align with your values, with built-in limits to help you manage your risk.
Be hands-on or hands-off
Manage your KiwiSaver investments in the way that works for you. Change them up when you feel like it, or set a strategy and stick to it.
Your future in one place
Check your KiwiSaver balance while you check your shares. And we’ll be there with educational resources to help you on your KiwiSaver journey.
More choice, more you
Pick individual NZ companies and ETFs that align with your values, with built-in limits to help you manage your risk.
Be hands-on or hands-off
Manage your KiwiSaver investments in the way that works for you. Change them up when you feel like it, or set a strategy and stick to it.
Your future in one place
Check your KiwiSaver balance while you check your shares. And we’ll be there with educational resources to help you on your KiwiSaver journey.
How our scheme works
You start by making an investment plan. It tells us how you’d like your KiwiSaver balance and future contributions invested. It’s made up of a base fund, and any picks you add.
You’ll be able to change your investment plan whenever you like—such as when your risk profile, goals, or values change.
Choose base fund
You’ll have five base funds to choose from, ranging from a lower-risk conservative fund to higher-risk growth funds.
Add your picks
If you like, you can add your own picks from a range of NZ companies and ETFs listed on the New Zealand Stock Exchange (NZX).
Watch it go
As your contributions roll in, they’ll automatically be invested according to your investment plan.
Base funds to build on
Build your investment plan on any one of the five base funds available. Each one solely invests in a managed fund provided by Pathfinder, Pie Funds, or Smartshares.
Each managed fund has a different investment mix, suggested timeframe, and risk rating. They range from a lower-risk conservative fund to higher-risk growth funds.
Sharesies Pathfinder Ethical Growth Fund
This fund invests solely in the Pathfinder Ethical Growth Fund, and is for investors who want a higher-risk investment option with potential for medium to high returns.
The Pathfinder Ethical Growth Fund invests in an ethical portfolio of growth assets (like shares and property) with a smaller portion in income assets (like cash and bonds).
Learn more6+ yearsinvestment timeframe
Higherrisk rating
1.47%annual fund charge
Sharesies Pie Global Growth 2 Fund
This fund invests solely in the Pie Global Growth 2 Fund, and is for investors who want a higher-risk investment option with potentially higher returns.
The Pie Global Growth 2 Fund invests mostly in large international companies—both directly and through ETFs—with a smaller portion in listed property.
Learn more5+ yearsinvestment timeframe
Higherrisk rating
1.47%annual fund charge
Sharesies Smartshares Balanced Fund
This fund invests solely in the SuperLife Balanced Fund, and is for investors who want a medium-risk investment option with potentially medium returns.
The SuperLife Balanced Fund invests in a balanced mix of growth assets (like shares and property) and income assets (like cash and bonds).
Learn more8+ yearsinvestment timeframe
Mediumrisk rating
0.50%annual fund charge
Sharesies Smartshares Growth Fund
This fund invests solely in the SuperLife Growth Fund, and is for investors who want a higher-risk investment option with potentially higher returns.
The SuperLife Growth Fund invests mostly in growth assets (like shares and property) with a smaller portion in income assets (like cash and bonds).
Learn more9+ yearsinvestment timeframe
Higherrisk rating
0.51%annual fund charge
Sharesies Smartshares Conservative Fund
This fund invests solely in the SuperLife Conservative Fund, and is for investors who want a lower-risk investment option with potentially lower returns.
The SuperLife Conservative Fund invests mostly in income assets (like cash and bonds) with a smaller portion invested in growth assets (like shares and property).
Learn more6+ yearsinvestment timeframe
Lowerrisk rating
0.47%annual fund charge
Add your own picks
On top of your base fund, you’ll have the option to add your own choice of investments—aka your picks!
What you can choose
To start with, you’ll be able to pick from some of the most actively-traded companies and ETFs listed on the NZX—with US shares on the way!
Limits to manage risk
You’ll be able to invest up to half of your KiwiSaver balance in your own picks, to a max of 5% in each investment. At least half of your balance will need to be invested in the base fund you choose.
As contributions roll in, and the balances of your picks change over time, we’ll help you keep on top of your diversification with guidance on updating your investment plan.
The choice is yours
Adding your own picks is completely optional! If you’d prefer, you’ll be able to invest all of your KiwiSaver balance (and future contributions) in just a single base fund.
Manage your risk with confidence
Get a sense of how risky your investment plan is, and manage it to a level you’re comfortable with, using the built-in risk indicator.
When you edit your investment plan, the risk indicator will give you a rating from 1 (low risk) to 7 (high risk). The rating reflects how much the total value of your base fund and picks may go up and down over time.
A higher risk rating can mean potentially higher returns over the long term, but probably with a few ups and downs along the way. A lower risk rating generally means you can expect lower returns, but with less intense ups and downs.
Fees that flex to your plan
The fees you’re charged will depend on what you add to your investment plan. Whether you go all-in on a base fund, or all-out personalising your portfolio, your fees will change to reflect your choices.
Fees on base funds
Each base fund has a single annual fund charge—there are no admin or performance fees, or fees for switching between base funds.
If you choose to invest your KiwiSaver balance solely in a base fund, you’ll only pay the annual fund charge.
Annual fund charge
The annual fund charge is charged by the fund’s provider to cover the cost of managing the fund.
The amount charged depends on the fund you choose, and is included in the unit price—that means you won’t see it directly deducted from your KiwiSaver balance.
Base fund | Annual fund charge |
|---|---|
Sharesies Pathfinder Ethical Growth Fund | 1.47% |
Sharesies Pie Global Growth 2 Fund | 1.47% |
Sharesies Smartshares Growth Fund | 0.51% |
Sharesies Smartshares Balanced Fund | 0.50% |
Sharesies Smartshares Conservative Fund | 0.47% |
The fund provider pays us to have their funds on Sharesies.
Fees on your picks
If you choose to add your own picks to your investment plan, you'll be charged a transaction fee each time you buy or sell units, and an administration fee on the balance of each.
Transaction fee
Each time you buy or sell units in one of your picks, you’ll be charged a transaction fee on the amount bought (or sold).
It’s 1% for amounts up to $1000, then 0.1% for amounts over $1000.
If you invest in more than one pick, the orders are treated separately and have separate fees.
If any of your picks are exchange-traded funds, the fund provider may also charge you fees. These fees are included in the fund’s unit price, and aren’t charged directly on your balance.
Administration fee
You’ll be charged a 0.15% per year administration fee on the balance of each of your picks. It’s calculated daily, and deducted monthly.
For example
Sam has a KiwiSaver balance of $10,000. They choose to invest $7,000 in a base fund, and $3,000 across their own picks.
In the first year, their estimated fees are:
Fee | Fee amount |
|---|---|
Transaction fees on Sam’s picks | $30 |
Admin fee on Sam’s picks | $4.50 |
Admin fee on base funds | $0 |
Annual fund charge (included in unit price) | $102.90 |
Total fees | $137.40 |
Amount deducted from KiwiSaver account balance | $34.50 |
This example may not be representative of the actual fees you may be charged.
Tax, taken care of
Income from your KiwiSaver account will be taxed at your prescribed investor rate (PIR), which might be lower than your tax rate for other investments.
We’ll report and pay the tax for your KiwiSaver income for you—you don’t need to lift a finger! (Except to select your PIR.)
Register your interest
Coming 2023
For the occasional update—and a chance to get early access to our reimagined KiwiSaver experience—register your interest.
To be eligible for early access, you’ll need to have a Sharesies account. If you already have an account, register using the same email address. If you’re new to Sharesies, sign up now.
KiwiSaver
Learn about NZ's voluntary savings scheme
