CareSaver prides themselves on being an ethical investor who puts your money only in companies who make a difference in the world by being environmentally and socially responsible. By investing with CareSaver, you can save money for your retirement; at the same time, you make a positive impact on society. CareSaver KiwisSaver also donates 20% of their earnings to a charity of your selection.
There are three kinds of funds in the CareSaver scheme — conservative, growth, and balanced funds. Each fund can suit particular needs. In choosing, you need to consider your age and risk tolerance as well as the number of years you can save up for your retirement or your first home.
If you think you’re in the wrong fund, it’s not too late to make a switch today. Compare KiwiSaver funds with glimp and see how much you can save.
Aside from ethical investing, joining CareSaver KiwiSaver is easy and fast. You can enrol in CareSaver in around two minutes. All you need to do is sign up online, provide your NZ photo ID and a proof of address, and CareSaver will process your application. If you’re switching to CareSaver, you also need to provide your IRD number and your PIR rate.
Although you can expect NZ and overseas share prices to affect your investment, you can gain favorable returns on the long term as CareSaver practices active management.
CareSaver avoids investing in tobacco, factory farming, fossil fuels, civilian weapons, animal testing, gambling, adult entertainment, and other controversial and potentially harmful industries. You’re investing in and contributing to a brighter future for you, your family, and the rest of society.
This fund type has the highest risk level above others. This invests largely in growth assets but returns are also expected to be higher. And that’s why the suggested time frame for this is a minimum of 10 years. A management fee of 1.25% p.a. applies.
Exposure:
A medium risk is taken with a balanced fund that invests equally in growth and income assets. The recommended time frame is 3-10 years since it’s less likely to be affected by market fluctuations with a management fee of 1.10% p.a.
Exposure:
The conservative fund is for investors who are expected to take out their funds within the next 3 years. This involves the lowest risk above other CareSaver KiwiSaver funds and the least to be affected by market fluctuations. A management fee of 0.80% p.a. Applies.
Exposure:
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 $1,000.
4.6
Filomena had amazing customer service! She was very polite and respectful. She also was great at listening to my needs and offering solutions with options that had great savings. I would give her 10 stars if that was an option. If I decide to go ahead I would choose to go have her help me again. I have not had the best experience in the past with customer service reps so I would like to thank her for making this experience a good one. Kind Regards, Selena
Very clear and concise information. Great price comparison for saving money on our monthly bills! Thanks Issac and Glimp! I can't wait to pass these savings on to my hard working family Adding onto my review as I think this is totally unacceptable to have people call you about switching companies and you agree to change and go through the process with Glimp and then get phone calls from supposed companies BEFORE you even get the email offer from supposed companies.
The customer service was very good. Very pleasant and friendly approach. Thanks again for your help. Saving of 280$ for the same quality and performance. Will use this agency to get another deal after 12 months.
My discussion with Tyron Kumar went very well. He was very patient and polite with my lack of knowledge of GBs etc. On the basis of our conversation I felt confident enough to change to 2 degrees immediately. I didn't give five stars because the sound was poor. It seemed as if there was a constant noise in the background and Tyron's voice had a slight echo as well.