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Topic # 229071 6-Feb-2018 12:54
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So I'm thinking of switching Kiwisaver providers and saw a thread on here early last year that Simplicity kiwisaver was low on fees and also had pretty decent returns. After a year from that thread, just wondering if people's opinions are the same or have they changed?





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  Reply # 1952394 6-Feb-2018 13:03
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I'm still happy with them - have kiwisaver and a separate managed fund with them


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  Reply # 1952395 6-Feb-2018 13:06
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  Reply # 1952444 6-Feb-2018 14:47
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freitasm:

 

Still with them. Still happy.

 

Could have requested to unlock that thread so it would notify whoever posted there before...

 

 

Yes, good point. I was thinking of doing that but forgot to in the end.





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  Reply # 1952445 6-Feb-2018 14:48
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I'm still happy, and would recommend them to anyone.

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  Reply # 1952456 6-Feb-2018 15:41
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Past performance is not a reliable guide to future performance.




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  Reply # 1952460 6-Feb-2018 15:44
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bazzer:

 

Past performance is not a reliable guide to future performance.

 

 

I'm talking current performance as well.

 

What do you think is a reliable guide to future performance, if any?





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  Reply # 1952489 6-Feb-2018 16:00
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Given the volatility that's just hit the market, I think everyone is going to have a bad return this month.

Having said that I'm with Simplicity and they are much easier and better to deal with than my previous provider





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  Reply # 1952554 6-Feb-2018 17:57
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nickb800:

I'm still happy with them - have kiwisaver and a separate managed fund with them



Would it be safer to have different providers for one of these to reduce risk of bad decision taking out both investments ?

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  Reply # 1952571 6-Feb-2018 19:23
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afe66:
nickb800:

 

I'm still happy with them - have kiwisaver and a separate managed fund with them

 



Would it be safer to have different providers for one of these to reduce risk of bad decision taking out both investments ?

 

 

 

Normally yes, that would be a good idea. In my case, I'm happy with my diversification across other investments. 

 

That said, it's an ETF, the risk of a 'bad decision' taking out both investments is probably pretty slim - they're not picking stocks. 


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  Reply # 1952875 7-Feb-2018 12:18
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sonyxperiageek:

 

bazzer:

 

Past performance is not a reliable guide to future performance.

 

 

I'm talking current performance as well.

 

What do you think is a reliable guide to future performance, if any?

 

 

Current performance is past performance (i.e. how good are the returns up to now?). I don't think there's any really reliable guide to future performance, if there were, we'd all be rich! Personally, I try not to take past performance into account when picking investments because you never know what they'll be like going forward. If that's why you want to pick Simplicity, no worries, but hopefully they have something else going on for you too.


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  Reply # 1958116 14-Feb-2018 16:02
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Just received:

 

 

We've just released our KiwiSaver fund returns for the year ending 31st December 2017 %)

They are:

 

Growth Fund                 +16.37%
Balanced Fund              +11.54%
Conservative Fund         +6.33%

These are after fees, and before tax. You may be interested to hear that 80% of our members are in the Growth fund, 15% in the Balanced fund, and 5% in the Conservative fund.

 





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  Reply # 1958140 14-Feb-2018 16:47
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freitasm:

 

Just received:

 

 

We've just released our KiwiSaver fund returns for the year ending 31st December 2017 %)

They are:

 

Growth Fund                 +16.37%
Balanced Fund              +11.54%
Conservative Fund         +6.33%

These are after fees, and before tax. You may be interested to hear that 80% of our members are in the Growth fund, 15% in the Balanced fund, and 5% in the Conservative fund.

 

 

 

And to put that in context of Morningstars survey for December (12 months returns)

 

Growth - average 15.7%, Index 15.3% (top quartile 16.7%)

 

Balanced - average 11.8%, Index 12.5% (top quartile 13.2%)

 

Conservative - average 8.5%, Index 8.8% (top quartile 8.9%)




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  Reply # 1958366 14-Feb-2018 23:46
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Are you guys in the growth fund currently?




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  Reply # 1958368 14-Feb-2018 23:52
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sonyxperiageek: Are you guys in the growth fund currently?

 

The fund you choose should be more about your risk appetite and time horizon than returns though, right?


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