KiwiSaver

A copy of the Fisher Funds KiwiSaver Product Disclosure Statement is available here.

*From 1 April 2026, members aged 16 and 17 will be entitled to receive employer contributions. The minimum employee and employer contributions will increase to 3.5% on 1 April 2026 and then to 4% on 1 April 2028. You can apply for a temporary rate reduction and contribute 3%. There is no limit on the number of temporary rate reductions you can apply for. If you are on a temporary contribution rate reduction, your employer may also reduce their contributions.

Government contribution: KiwiSaver members aged between 16 to 65 years who normally reside in NZ, have taxable income of $180,000 or less per annum, and have not made a life-shortening congenital condition withdrawal - are eligible to receive the government contribution. If you meet the eligibility for part of the KiwiSaver year, your government contribution will be pro-rated. Your provider will apply for this on your behalf. The government contribution amount paid depends on how much you contribute between 1 July to 30 June each year. The maximum amount the government contributes is $260.72. See Inland Revenue's website for more information.

**First Home Withdrawal: You must leave a minimum balance of $1,000 and any Australian complying superannuation scheme funds that you have transferred. You are eligible for a first home withdrawal if you:

• have been a KiwiSaver member for at least three years;
• have not made a withdrawal from your KiwiSaver account for the purchase of a home before;
• intend to live in the property you purchase; and
• have not owned land, a home, or a share in property (or have confirmation from Kāinga Ora that you are eligible to apply for a second home purchase).

If you have owned a property or land before and your financial position is considered the same as a first home buyer you may be able to apply to Kāinga Ora to be considered for a withdrawal as a ‘previous homeowner’ home buyer. Visit Kāinga Ora’s website for more information

GlidePath: Fisher Funds’ GlidePath does not take into account all your personal circumstances and may not be suitable for you, as it’s based on saving for retirement. For example, it may not be suitable if you plan to use your KiwiSaver money for your first home. GlidePath also does not take into account your personal risk tolerance and may not be suitable if you’re particularly cautious when it comes to investing. To help you clarify your own attitude to risk, we can refer you to Fisher Funds for financial advice.

KiwiSaver is a voluntary long-term retirement investment set up by the Government. It’s open to most people if you’re a New Zealand citizen or entitled to live in New Zealand indefinitely and are living or normally living in New Zealand (or a state services employee serving outside of New Zealand). You can withdraw your money when you turn 65.

Further information and eligibility criteria for First Home withdrawals and other early withdrawal options in KiwiSaver can be found in the Fisher Funds KiwiSaver Plan Product Disclosure Statement or the Inland Revenue website.

No party – including the Government, Fisher Funds, The Co‑operative Bank or the Supervisor of the scheme - guarantees or promises repayment of, or returns on, your investments in the Fisher Funds KiwiSaver Plan.

Investments are subject to risk. You may not receive the returns you expect, or you may lose some, or all, of the money invested.

Fisher Funds Management Limited is the issuer and manager of the Fisher Funds KiwiSaver Plan. A copy of the Fisher Funds KiwiSaver Plan Product Disclosure Statement is available here.

The Co‑operative Bank Limited is a distributor, but not an issuer of the Fisher Funds KiwiSaver Plan. Investments do not represent bank deposits or other liabilities of The Co‑operative Bank Limited or any other member of The Co‑operative Bank group.