What is Product Disclosure Statement (PDS)?
The Product Disclosure Statement is the legally required document that describes a KiwiSaver scheme to prospective members.
Detailed Explanation
Required under the Financial Markets Conduct Act 2013. The PDS covers the scheme structure, fees, risks, fund choices, key personnel, withdrawal rules, and target market. Each KiwiSaver scheme has one PDS covering all funds within the scheme. Updates are filed with the FMA Disclose register.
Example
Illustrative example — Before signing up to a new KiwiSaver scheme, you should read the PDS to understand fees, fund choices, and how the scheme handles switches and withdrawals.
Frequently Asked Questions
Where do I find the PDS?
On the provider's website or via FMA Disclose at disclose-register.companiesoffice.govt.nz.
Related Terms
Compare every fund on the FMA Disclose register. Refreshed quarterly. Independent — FundCompare is not a Financial Advice Provider; general information only.
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Important Information and Disclosure
The information provided on this website is not a recommendation to buy, sell, or hold any financial products. Nothing on this website constitutes financial advice for the purposes of the Financial Markets Conduct Act 2013. FundCompare.co.nz is not a licensed Financial Advice Provider.
Investing involves risk. The value of your investment can go down as well as up, and you may get back less than you put in. Past performance is not a reliable indicator of future returns.
Before making any investment decision, you should read the Product Disclosure Statement (PDS) for the fund carefully. If you have questions or are unclear about the implications of your investment decision, you should seek advice from a licensed Financial Advice Provider.
All information displayed is sourced from scheme providers, the Disclose Register, and the Sorted Smart Investor universal feed (operated by Te Ara Ahunga Ora Retirement Commission), or other publicly available sources. We take reasonable steps to ensure accuracy but cannot guarantee information is always current or complete.
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