Fisher Funds removing performance fees

Thu, 13 Apr 2023

Fisher Funds is removing performance fees across all its KiwiSaver and managed funds’ multi-asset portfolios.In a note to clients, Fisher Funds said it was looking to leverage the scale from last year’s purchase of Kiwi Wealth to be highly competitive.“Our new combined business makes Fisher Funds one of the top three KiwiSaver providers in New Zealand with nearly half a million KiwiSaver clients,” the company said.“Looking to the future, we want to leverage this new scale and ensure that the Fisher Funds KiwiSaver...

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