A Kiwisaver story..

[BlueSky]

I think the same about the Vanguard funds listed on the NZX. In truth the provider does have to do basic scheme administration, including administration of a PIE-qualifying entity, so that's something

But really, it comes down to you having no option to invest at 0.19% ratio, so you'll accept 0.6% and you won't complain about it. It's better by a mile than active funds.

I will be joining Simplicity for their growth funds -these are managed funds but with lower fees as they are all the same for KS and managed funds.

Anyone know which would be the parking the money until you are ready to make your next purchase? If an opportunity comes up.

[Learning]

Wow, turns out kiwisaver wasn't designed for putting no money in a 64 after all.

All depends on which KiwiSaver. I put my kids free government $1k with ASB about 7 years ago and the balances are now $1300, without me adding a cent. A friend did similar with Westpac and now worth less than $800.