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Is FundRock expensive?

FundRock's funds average 0.81% in annual fees versus a peer median of 0.84% across all NZ KiwiSaver scheme funds. 22 of 39 FundRock funds charge above their fund-type peer median; 17 charge below.

General Information Only: This page provides factual data for comparison purposes and does not constitute financial advice. Individual circumstances vary.Read our disclosure

Per-fund fee vs peer median

FundTypeAnnual feePeer medianΔ vs medianCohort size
InvestNow Generate Focused Growth FundAggressive1.39%0.85%+0.54 pp110
InvestNow Macquarie Global Listed Real Estate FundAggressive1.35%0.85%+0.50 pp110
InvestNow Mercer Ethical Leaders Balanced FundBalanced1.27%0.85%+0.42 pp73
InvestNow Antipodes Global Value FundAggressive1.21%0.85%+0.36 pp110
InvestNow Harbour Australasian Equity Focus FundAggressive1.20%0.85%+0.35 pp110
InvestNow Mint Australasian Equity FundAggressive1.19%0.85%+0.34 pp110
InvestNow Harbour T. Rowe Price Global Equity FundAggressive1.19%0.85%+0.34 pp110
InvestNow Castle Point 5 Oceans FundBalanced1.18%0.85%+0.33 pp73
InvestNow Milford Aggressive FundAggressive1.15%0.85%+0.30 pp110
InvestNow Pathfinder Ethical Growth FundGrowth1.34%1.08%+0.26 pp60
InvestNow Castle Point Trans-Tasman FundAggressive1.08%0.85%+0.23 pp110
InvestNow Clarity Global Shares FundAggressive1.07%0.85%+0.22 pp110
InvestNow Milford Balanced FundBalanced1.06%0.85%+0.21 pp73
InvestNow Salt Enhanced Property FundAggressive1.02%0.85%+0.17 pp110
InvestNow Mint Diversified Income FundConservative1.01%0.85%+0.16 pp45
InvestNow Mint Diversified Growth FundGrowth1.20%1.08%+0.12 pp60
InvestNow Harbour NZ Core Fixed Interest FundDefensive0.65%0.55%+0.10 pp44
InvestNow Fisher Funds Conservative FundConservative0.93%0.85%+0.08 pp45
InvestNow Macquarie NZ Fixed Interest FundDefensive0.61%0.55%+0.06 pp44
InvestNow Milford Conservative FundConservative0.87%0.85%+0.02 pp45
InvestNow Salt Sustainable Growth FundGrowth1.10%1.08%+0.02 pp60
InvestNow Russell Investments Hedged Global Shares FundAggressive0.86%0.85%+0.01 pp110
InvestNow Hunter Global Fixed Interest FundDefensive0.53%0.55%-0.02 pp44
InvestNow Milford Active Growth FundGrowth1.05%1.08%-0.03 pp60
InvestNow Harbour Active Growth FundGrowth1.03%1.08%-0.05 pp60
InvestNow Russell Investments NZ Fixed Interest FundDefensive0.49%0.55%-0.06 pp44
InvestNow Fisher Funds Growth FundGrowth1.02%1.08%-0.06 pp60
InvestNow Mercer Ethical Leaders Hedged Global Fixed Interest Index FundDefensive0.44%0.55%-0.11 pp44
InvestNow Macquarie NZ Cash FundDefensive0.34%0.55%-0.21 pp44
InvestNow Te Ahumairangi Global Equity FundAggressive0.62%0.85%-0.23 pp110
InvestNow Mercer All Country Global Shares Index FundAggressive0.43%0.85%-0.42 pp110
InvestNow Mercer NZ Shares Passive FundAggressive0.36%0.85%-0.49 pp110
InvestNow Foundation Series Balanced FundBalanced0.36%0.85%-0.49 pp73
InvestNow Smartshares Growth FundGrowth0.51%1.08%-0.57 pp60
InvestNow Foundation Series Growth FundGrowth0.38%1.08%-0.70 pp60
InvestNow Foundation Series Total World FundAggressive0.07%0.85%-0.78 pp110
InvestNow Foundation Series Hedged Total World FundAggressive0.07%0.85%-0.78 pp110
InvestNow Foundation Series Hedged US 500 FundAggressive0.03%0.85%-0.82 pp110
InvestNow Foundation Series US 500 FundAggressive0.03%0.85%-0.82 pp110

pp = percentage points. Peer median computed across all NZ KiwiSaver scheme funds of the same fund-type, excluding FundRock. Sourced from FMA-filed Quarterly Fund Updates.

Cheaper peer-class alternatives

For each FundRock fund, the three cheapest peer-class alternatives in the same fund-type cohort. Mechanical fee comparison only — does not factor in returns, risk, manager skill, or asset-allocation differences.

InvestNow Generate Focused Growth Fund (1.39% — Aggressive)
InvestNow Macquarie Global Listed Real Estate Fund (1.35% — Aggressive)
InvestNow Mercer Ethical Leaders Balanced Fund (1.27% — Balanced)
InvestNow Antipodes Global Value Fund (1.21% — Aggressive)
InvestNow Harbour Australasian Equity Focus Fund (1.20% — Aggressive)
InvestNow Mint Australasian Equity Fund (1.19% — Aggressive)
InvestNow Harbour T. Rowe Price Global Equity Fund (1.19% — Aggressive)
InvestNow Castle Point 5 Oceans Fund (1.18% — Balanced)
InvestNow Milford Aggressive Fund (1.15% — Aggressive)
InvestNow Pathfinder Ethical Growth Fund (1.34% — Growth)
InvestNow Castle Point Trans-Tasman Fund (1.08% — Aggressive)
InvestNow Clarity Global Shares Fund (1.07% — Aggressive)
InvestNow Milford Balanced Fund (1.06% — Balanced)
InvestNow Salt Enhanced Property Fund (1.02% — Aggressive)
InvestNow Mint Diversified Income Fund (1.01% — Conservative)
InvestNow Mint Diversified Growth Fund (1.20% — Growth)
InvestNow Harbour NZ Core Fixed Interest Fund (0.65% — Defensive)
InvestNow Fisher Funds Conservative Fund (0.93% — Conservative)
InvestNow Macquarie NZ Fixed Interest Fund (0.61% — Defensive)
InvestNow Milford Conservative Fund (0.87% — Conservative)
InvestNow Salt Sustainable Growth Fund (1.10% — Growth)
InvestNow Russell Investments Hedged Global Shares Fund (0.86% — Aggressive)
InvestNow Hunter Global Fixed Interest Fund (0.53% — Defensive)
InvestNow Milford Active Growth Fund (1.05% — Growth)
InvestNow Harbour Active Growth Fund (1.03% — Growth)
InvestNow Russell Investments NZ Fixed Interest Fund (0.49% — Defensive)
InvestNow Fisher Funds Growth Fund (1.02% — Growth)
InvestNow Mercer Ethical Leaders Hedged Global Fixed Interest Index Fund (0.44% — Defensive)
InvestNow Macquarie NZ Cash Fund (0.34% — Defensive)
InvestNow Te Ahumairangi Global Equity Fund (0.62% — Aggressive)
InvestNow Mercer All Country Global Shares Index Fund (0.43% — Aggressive)
InvestNow Mercer NZ Shares Passive Fund (0.36% — Aggressive)
InvestNow Foundation Series Balanced Fund (0.36% — Balanced)
InvestNow Smartshares Growth Fund (0.51% — Growth)
InvestNow Foundation Series Growth Fund (0.38% — Growth)
InvestNow Foundation Series Total World Fund (0.07% — Aggressive)

No cheaper peer-class alternative in our coverage at this time.

InvestNow Foundation Series Hedged Total World Fund (0.07% — Aggressive)

No cheaper peer-class alternative in our coverage at this time.

InvestNow Foundation Series Hedged US 500 Fund (0.03% — Aggressive)

No cheaper peer-class alternative in our coverage at this time.

InvestNow Foundation Series US 500 Fund (0.03% — Aggressive)

No cheaper peer-class alternative in our coverage at this time.

Frequently asked questions

How do FundRock's fees compare to other NZ KiwiSaver schemes?

FundRock's funds average 0.81% in annual fees versus a peer median of 0.84% across all NZ KiwiSaver scheme funds. 22 of 39 FundRock funds charge above their fund-type peer median; 17 charge below.

What is the peer median fee for a NZ KiwiSaver scheme fund?

Across all NZ KiwiSaver scheme funds in our coverage, the median annual fee is 0.84%. Median is shown rather than average because a small number of very-high-fee funds would distort the average.

Why does fee level matter for KiwiSaver members?

Illustrative — fees compound across multi-decade investment horizons. A sample sub-1-percentage-point annual-fee difference on a sample balance can compound to a material foregone end-balance over 30 years. Mechanical illustration only — past performance is not a reliable indicator of future returns.

Important Information

Disclaimer: This page provides general information only and does not constitute financial advice under the Financial Markets Conduct Act 2013. FundCompare.co.nz is not a licensed Financial Advice Provider (FAP).

We do not assess suitability, make recommendations, or provide personalised advice. The information shown is sourced from publicly available data and may not reflect current offerings. Past performance is not a reliable indicator of future returns. Investment returns can be negative, and you may receive back less than you invested.

Before making any decisions: Always verify current information directly with the relevant KiwiSaver provider and read their Product Disclosure Statement (PDS).

Need personalised advice? Consult a licensed Financial Advice Provider. Find advisers at fma.govt.nz

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