KiwiSaver calculator all sorted - yeah right!
Tuesday, February 5th 2008, 1:24PM 
3 Comments
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On 7 February 2008 at 6:20 pm The Lone Ranger said:
I regard the fees on Kiwisaver as irrelevant.As a Kiwisaver accountholder,I am interested in the highest possible return post fees.If my chosen fund manager does not perform,I will look for the fund manager who I perceive can provide the highest returns.I am very happy to pay higher fees if my net return post fees is higher. On 12 February 2008 at 9:50 am Kimble said:
Fees will consume a massive chunk of your long term return Lone Ranger. Cheap and passive may not look sexy but its middle of the road performance (actually there is plenty of evidence that passive funds outperform more funds than they underperform) and lower costs can create a sort of virtual alpha.
The sort of fee you are looking for by the sounds like a performance fee that will pay managers for their outperformance. But watch out for managers that charge a performance fees but dont discount their base fee.
On 12 February 2008 at 11:23 pm The Lone Ranger said:
I'm like many other punters I suspect who are putting only a minimum amount into Kiwisaver to pick up the Govt perks.I'm trying a higher risk fund and will give it three years.
Of course I should have followed Chris Lee's advice and put it into a low risk fund for a couple of years,but I am headstrong.
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