Understanding Fees
Understanding Aurora KiwiSaver Scheme fees
When you invest in the Aurora Capital KiwiSaver Scheme, you’ll pay fees that are deducted directly from your investment. These fees help cover the cost of managing your KiwiSaver account and provide you with ongoing support.
Your annual statement will show the total fees you’ve paid for the year.
Annual fund charges
The annual fund charge is a percentage of your investment and covers the costs of managing your KiwiSaver account. It includes all normal day-to-day fund costs and expenses such as investment management, administration, regulatory compliance, and reporting.
Here’s a breakdown of the annual fund charges across our investment options:
| Fund/Strategy | Annual Fund Charges (Including GST) |
| Aurora Liquidity Fund | 0.40% |
| Aurora First Home Buyer Strategy | 1.04% |
| Aurora Conservative Fund | 1.25% |
| Aurora Balanced Strategy | 1.40% |
| Aurora Growth Fund | 1.50% |
| RetirementPlus | Annual Fund Charges (Including GST) |
| Age 50 | 1.50% |
| Age 65 | 1.38% |
| Age 75 | 1.29% |
| Aurora Balanced Strategy | 1.40% |
| Aurora Growth Fund | 1.50% |
For a detailed breakdown of fees at each RetirementPlus age step, click here.
The charges outlined above include all normal day-to-today fund costs and expenses. For a full breakdown of what this can include see our Product Disclosure Statement.
Other fees
In addition to the fund charges above, there is a $36 annual account fee.
Why fees matter
Fees play a role in your long-term investment returns. Understanding them allows you to make informed choices and ensure your selected investment option aligns with your financial goals. At Aurora, we’re committed to providing value through expert management and tailored investment strategies designed to support your future.
Want to know more?
For a detailed breakdown of what’s included in the fees, check out our Product Disclosure Statement.
