Factual snapshot
Simplicity — review
Mechanical, source-cited snapshot of Simplicity's NZ retail managed-fund range. We don't rate or recommend — see a licensed financial adviser for personalised advice.
- Funds tracked
- 11
- Median annual fee
- 0.15%
- Median FMA risk
- 4/7
- Tracked NZ retail AUM
- $11.30 billion
Universe median 0.84%
Standardised 1–7 scale
Sum of fund sizes (11/11 on file)
About Simplicity
Not-for-profit-aligned manager offering low-fee diversified and single-asset PIE funds; donates 15% of fees to charity.
- Legal name
- Simplicity NZ Limited
- Headquarters
- Auckland
Fee position vs peers
Per-asset-class median annual fund charge for Simplicity vs the peer median across all other NZ managers in our coverage. Source: Sorted Smart Investor (FMA Disclose Quarterly Fund Updates).
| Asset class | Simplicity funds | Simplicity median fee | Peer median (n) | Position |
|---|---|---|---|---|
| Diversified | 5 | 0.25% | 1.02% (62) | priced 77 bps below the peer median (1.02%) |
| International Equities | 2 | 0.15% | 0.62% (79) | priced 47 bps below the peer median (0.62%) |
| Australasian Equities | 1 | 0.10% | 1.02% (57) | priced 92 bps below the peer median (1.02%) |
| NZ Fixed Interest | 1 | 0.10% | 0.65% (13) | priced 55 bps below the peer median (0.65%) |
| International FI | 1 | 0.15% | 0.71% (30) | priced 56 bps below the peer median (0.71%) |
| Cash | 1 | 0.12% | 0.44% (4) | priced 32 bps below the peer median (0.44%) |
Fee is the headline ongoing cost; strategy mix, hedging, performance fees and net return after fees also matter when comparing options.
Risk profile mix
Distribution of Simplicity's 11 funds across the FMA's standardised 1–7 risk indicator. The indicator is calculated from each fund's past five years of unit-price volatility and published on every Quarterly Fund Update.
Simplicity's funds
- Simplicity Conservative Investment FundDiversifiedPIE · capped at PIR (max 28%) conservative0.25% fee 3/7 risk
- Simplicity Balanced Investment FundDiversifiedPIE · capped at PIR (max 28%) balanced0.25% fee 4/7 risk
- Simplicity Growth Investment FundDiversifiedPIE · capped at PIR (max 28%) growth0.25% fee 4/7 risk
- Simplicity High Growth Investment FundDiversifiedPIE · capped at PIR (max 28%) aggressive0.25% fee 5/7 risk
- Simplicity Homes and Income Investment FundDiversifiedPIE · capped at PIR (max 28%) balanced0.25% fee 3/7 risk
- Simplicity NZ Cash FundCashPIE · capped at PIR (max 28%) conservative0.12% fee 2/7 risk
- Simplicity NZ Bond FundNZ Fixed InterestPIE · capped at PIR (max 28%) conservative0.10% fee 4/7 risk
- Simplicity Hedged Global Bond FundInternational FIPIE · capped at PIR (max 28%) NZD hedged conservative0.15% fee 4/7 risk
- Simplicity NZ Share FundAustralasian EquitiesPIE · capped at PIR (max 28%) growth0.10% fee 5/7 risk
- Simplicity Hedged Global Share FundInternational EquitiesPIE · capped at PIR (max 28%) NZD hedged growth0.15% fee 5/7 risk
- Simplicity Unhedged Global Share FundInternational EquitiesPIE · capped at PIR (max 28%) growth0.15% fee 5/7 risk
Track record vs each fund's own market index
Each fund's Quarterly Fund Update reports its after-fee return next to the market index the manager itself nominated. This table counts, per fund, the years the fund's return exceeded that index. Mechanical count of disclosed figures — past performance is not a reliable indicator of future returns.
| Fund | Years above index | Years measured | Since inception (fund) | Since inception (index) | Data to |
|---|---|---|---|---|---|
| Simplicity NZ Bond Fund | 3 | 7 | 0.08% | -0.03% | 31 March 2026 |
| Simplicity Conservative Investment Fund | 2 | 8 | 1.88% | 2.73% | 31 March 2026 |
| Simplicity NZ Share Fund | 1 | 7 | 6.08% | 6.97% | 31 March 2026 |
| Simplicity Balanced Investment Fund | 1 | 8 | 4.05% | 5.42% | 31 March 2026 |
| Simplicity Growth Investment Fund | 0 | 8 | 5.57% | 7.19% | 31 March 2026 |
Source: each fund's QFU / FMA consolidated fund-update data. "Data to" links the underlying document. Full cross-manager view: fund-vs-index consistency.
Questions about Simplicity
Is Simplicity a good fund manager?
Whether Simplicity suits any individual investor depends on the investor's goals, time horizon, risk tolerance, and how the fund fits an existing portfolio — factors that vary by individual. On this site we surface mechanical, comparable data points: Simplicity runs 11 retail managed funds in our coverage, with a median annual fund charge of 0.15% across that range (vs the NZ universe median of 0.84%), and a median FMA risk indicator of 4 out of 7. For personalised guidance, see a licensed financial adviser.
What does Simplicity charge?
Simplicity's 11 funds in our coverage carry a median annual fund charge of 0.15% (range 0.10% – 0.25%). The annual fund charge is the headline ongoing cost disclosed on every Quarterly Fund Update on the FMA Disclose register. Cross-validate via the per-fund pages, which link to source documents.
How big is Simplicity?
Across the 11 funds with on-file fund-size data, Simplicity's tracked NZ retail AUM totals NZD 11.30 billion. This is the sum of fund sizes disclosed in each fund's most recent Quarterly Fund Update on FMA Disclose and excludes KiwiSaver, wholesale and Australian-domiciled assets. Simplicity may manage materially larger assets in those categories.
Where is Simplicity based?
Simplicity (legal name: Simplicity NZ Limited) is headquartered in Auckland.
What kind of funds does Simplicity run?
Simplicity's range of 11 funds in our coverage is weighted toward diversified (5 funds). The range also includes 2 international equities funds and 1 australasian equities fund. See the full list at /providers/simplicity/.
Other managers running diversified funds
How we built this snapshot
Fund counts and category mix are from src/data/funds.ts (Range of Funds reconciled to the InvestNow + Sharesies + manager-direct universe). Annual fund charge, FMA risk indicator, five-year return and fund size are extracted from each fund's Quarterly Fund Update via Sorted Smart Investor (a Te Ara Ahunga Ora / Retirement Commission service that mirrors the FMA Disclose register). Cross-validate via each per-fund page, which links to the source PDS and Fund Update on FMA Disclose.
ManagedFundsNZ provides information only, not personalised financial advice. For advice, see a licensed financial adviser.