NZ Funds - Auckland CBD
3.6/5
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based on 8 reviews
Contact NZ Funds
| Address : | NZ Funds Level 16/21 Queen Street, Auckland CBD, Auckland 1010, New Zealand |
| Phone : | π +97777 |
| Postal code : | 1010 |
| Website : | http://www.nzfunds.co.nz/ |
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H S on Google
β β β β β I have been with nz funds for the last 8 months and have been negative the whole time. Currently at -16% ? and also there is no graph showing how your funds fluctuate or info about where your money is going despite the high admin fee of 3 per month. Can't even change kiwisaver provider at this point because I lost so much money. Waiting for it to recover so I could change provider
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Versatile Superstar on Google
β β β β β Everytime I & my partner ask for a kiwisaver statement/pre withdrawal, our numbers go down instantly and this happened with both of our kiwisavers. When we first ask for a pre withdrawal, our numbers went down instantly and it didnβt go up within 6 months despite the government contribution being added & the continuous contributions. It only went up a bit after 6 month period but when we asked again for a pre-withdrawal recently our numbers went down again and unfortunately it was back to the numbers when we first asked for pre-withdrawal. To sum it up, we are losing a lot of money with NZFunds considering that our numbers didnβt improve for the past 9 months. Where did our contributions go for the past 9 months? do you mean itβs always a negative??!!! what are you doing??!!! what a waste!!!Not recommended. I hope more people will step forward to share their negative experiences with you. I lost my total trust with this provider.
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λ΄μ§λλ μ§μ₯μΈH on Google
β β β β β My kiwisaver is lowest they have ever been. WHAT ARE THEY DOING??? Even the personal investors are not doing as badly as them. Aren't they supposed to be professional investors?!
It has never gone up even once since I have been with them. I am not even sure at this stage if my money will even recover. Its - 28%
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Brendan Ward on Google
β β β β β Really impressed with the professionalism and pioneering approach that NZ Funds takes. Their investment policy aligns with what is important to me, and I have confidence knowing they are NZ owned and operated.
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Alice Lang on Google
β β β β β NZ Funds KiwiSaver is one of the only providers in New Zealand that does KiwiSaver for children under 18 FOR FREE - they've rebated all my fees since I joined - Totally Awesome contribution to New Zealand from a company that has one of the top performing schemes in New Zealand over the last 10 years. Big shout out to the team!!!
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η±ζηΈηΈ on Google
β β β β β It is so easy to see which reviews below are genuine. This company is surely a robber. They will just devour your hard earned money with heavy losses and high fees. Their actual annualised return is only between 2%-5% in my growth portfolio, which is far far below other companies. I highly doubt the performance data on their website! DO NOT invest with them!!
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Xin Zhao on Google
β β β β β I might give an even lower score if there were one.
I invested with NZ Funds for five years with the expectation of good return under the so called professionals. What I actually experienced was rageously high fees together with imposed finance advisor fees and extremely disappointing low returns, completely contrary to what they boasted about their performance.
I had both our family kiwisaver and investment accounts with them. When I decided to switch our kiwisaver accounts to another provider, I was forced to sell my investment account when the market was at the bottom by the financial advisor, which caused me thousands of dollars loss, plus their ridiculously high fees.
Anyone who considers investing please KEEP FAR AWAY this company. What they do is to devour your hard earned money with their recommended financial advisors.
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Monique Facon on Google
β β β β β In May 2021 invested some funds into a WealthBuilder account (basically KiwiSaver but you can get your money out) over the 5 months my investment decreased each week until NZFunds had lost 30% loss of my money, I got out in December before it went down even more. I was aware I was in a higher risk portfolio - but was not expecting a 30% loss in 5 months, NOT HAPPY. I also lost 30% from my KiwiSaver as well. Moved to Milford and it is already up. I could have gone to the Casino and had a better outcome.
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