Annual fee load vs peer-class median
Is the Simplicity NZ Cash Fund expensive?
Simplicity NZ Cash Fund charges 0.12% p.a. in annual fund charges, versus a peer-class median of 0.26% across 5 New Zealand cash funds. On fee alone it is cheaper than 90% of peers.
Sorted Smart Investor (mirror of FMA Disclose Quarterly Fund Update)
$10,000 over 5 years — fee-only impact (worked example)
Compounded annual charge on a NZ$10,000 starting balance, assuming zero return and no tax (this isolates the fee cost the investor controls).
Simplicity NZ Cash Fund
NZ$60
at 0.12% p.a.
Peer-class median
NZ$129
at 0.26% p.a.
Difference vs median: NZ$-69 over 5 years on NZ$10K.
What fee level should I expect?
For the cash cohort across NZ retail managed funds, the annual fund charge spans roughly 0.12% at the cheapest to 0.65% at the priciest, with a median of 0.26% across 5 funds. Index/passive structures tend to sit at the lower end; active strategies at the higher end.
Frequently asked
What is the annual fund charge for Simplicity NZ Cash Fund?
Simplicity NZ Cash Fund charges 0.12% per annum, per the latest Quarterly Fund Update on the FMA Disclose register.
How does Simplicity NZ Cash Fund's fee compare with peer cash funds in New Zealand?
The peer-class median annual charge across 5 New Zealand cash funds is 0.26%. Simplicity NZ Cash Fund sits at 0.12% — cheaper than 90% of peers.
What does the annual charge cost over 5 years on a NZ$10,000 investment?
At 0.12% per year and assuming the fee is the only cost (zero return, no tax), the compounded fee drag on NZ$10,000 over 5 years is approximately NZ$60. That is NZ$69 less than the peer-class median fee-drag of NZ$129.
Where does this fee figure come from?
The annual fund charge is published by the manager in the Quarterly Fund Update (QFU) on the FMA Disclose register and mirrored on Sorted Smart Investor. Each QFU is signed and dated; the figure refreshes each quarter.
Sources
Mechanical comparison of annual fund charge against peer-class median. Not regulated financial advice. For personalised advice consult a licensed financial adviser. See the methodology page for how this comparison is built.