Fees

Our Fees

As with any investment, there are underlying costs, so we want to be upfront about what we charge. Our fees to Investors include:

An annual fee of $250 for your Account, charged when you first deposit funds into your Account and each anniversary of that date – however, we will waive this fee until 30 June 2023.
A fee equal to any interest earned on funds in your Account which are not invested in a Pool (including funds which have been paid from a Pool into your Account).
Fees specific to an investment in a Pool, which are set out in the Pool Conditions for that Pool.

SOTERIA

Investments in Pools are investments in unit trusts managed by Soteria NZ and are only available to wholesale (or other qualifying) investors in New Zealand or other jurisdictions where we are legally able to offer them. Soteria NZ is not a licensed managed investment scheme manager and offers of units are not “regulated offers” in New Zealand. Investments involve risk (see our Risk Statement) and returns are not guaranteed. We encourage you to invest carefully and obtain independent advice (including tax advice). We do not provide financial advice.

Wholesale and Eligible Investors are defined in law and, broadly speaking, are people or organisations who have sufficient previous investing experience or financial wealth that means they don't require disclosure or the full legal protection provided to retail investors. The term Wholesale and Eligible Investor is explained on the FMA website.