Fisher axes performance fees on KiwiSaver funds
Acquisition of Kiwi Wealth created economies of scale, says CEO.
Fisher Funds chief executive Bruce McLachlan.
Tim Hunter
Thu, 13 Apr 2023
Hot Topic
NBR Focus: GMO
Fund manager Fisher Funds has announced an end to performance fee charging on its KiwiSaver funds, saying its acquisition of Kiwi Wealth had created economies of scale.
Last year, Fisher reported performance fee income of $77.2 million for the year to March, in addition to its management fees of
Want to read more? It's easy.
Choose your best value subscription option
Individual
Group membership
NBR Marketplace
Yearly Premium Online Subscription
NZ$499.00 / yearly
NZ$399.00 / yearly
Monthly Premium Online Subscription
NZ$44.95 / monthly
Smartphone Only Subscription
NZ$24.95 / monthly
Premium Group Membership 10 Users
NZ$350+GST / monthly
$35 per user - Pay by monthly credit card debitPremium Group Membership 20 Users
NZ$600+GST / monthly
$30 per user - Pay by monthly credit card debitPremium Group Membership 50 Users
NZ$1250+GST / monthly
$25 per user - Pay by monthly credit card debitPremium Group Membership 100 Users
NZ$1875+GST / monthly
$18.75 per user - Pay by monthly credit card debitYearly Premium Online Subscription + NBR Marketplace
NZ$499.00 / yearly
Already have an account? Login
Tim Hunter
Thu, 13 Apr 2023
Contact the Writer: thunter@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Related News
Related News
Fisher axes performance fees on KiwiSaver funds
Business,
98613