Returns shown are before tax and after annual fees (excluding fixed membership fees).
Your own returns may differ based on your individual tax rate. Fees are shown as an average over a five-year period. For one-year data, the fee shown is for that year. The percentage of return paid in fees is the fees divided by the return.
Other sources of KiwiSaver fee and return information may use a different approach with different returns. We encourage investors to query this with their providers to better understand and evaluate their KiwiSaver fund.
What if returns are negative
When returns are negative, you still pay fees. To keep this tool simple, we show the percentage of a negative return paid in fees as 'a loss'.
How to work out your annual fee in dollar terms
Since April 2018, KiwiSaver providers must show fees in dollar terms on annual member statements. This tool doesn't give you fees in dollar terms but the information provided enables you to work this out.
For example, if your balance is $10,000, a 1.2% annual fee means you pay $120 per year (plus any applicable membership fee). See the Sorted KiwiSaver fees calculator for more on how to calculate and compare.