In New Zealand, a KiwiSaver in CareSaver is only invested in companies with environmental, social and governance (ESG) practices. CareSaver practices ethical and research-based investing under Pathfinder Asset Management Limited.
The CareSaver scheme has a membership fee of $2.25 per month on top of the annual management fee (differs in each fund type). They waive the membership fee for balances below $1,000.
Yes. You can make a switch from one to another New Zealand KiwiSaver in CareSaver when you think another type fits you more. No switching fees are applied.