Pay fund fees only. No minimum investment amounts, or charges for your contributions.
*Illustration purposes only
You'll be paying fund fees, calculated daily from your investments.
Our fee
0.85
%
per annum
This covers all the features, benefits and services you get from the app, including our financial advice. This fee is deducted from your investments and reflected in the total value.
Estimated
Underlying fund fees
0.36
%
depending on mix of funds
Each Forsyth Barr Fund invests into an underlying fund, which comes with a fee charged by the fund manager. Not by Tempo. We estimate these fees will be between 0.10% and 0.75%.
Estimated
Total fee
1.21
%
depending on mix of funds
Your total fund fee includes our fee plus underlying fund fees. For a typical Tempo portfolio this is likely to be approximately 1.21%. Actual total fund charges will vary depending on your fund mix.
For more on fees, read the Forsyth Barr Funds Product Disclosure Statement (PDS).
An example fee scenario
After a customer's first year investing towards their goal
Initial deposit
$5,000
Regular investments
$500 / month
Total fees
-$98.49
End of year balance
$11,262
That's less than a year's worth of Netflix
Tell me more about this scenario
Tempo suits any type of investor no matter how you choose to invest. It doesn’t matter if you’re new to investing, or well-seasoned. There's no minimum amount you need to invest, or transaction fees applied to your contributions.
You can withdraw your money whenever you like and won’t be charged for it. Even though you’re not locked in, we don’t recommend using Tempo like a bank account. Generally the longer you invest, the more opportunity your investments have to grow (or recover from dips).
At times of higher than usual market ups and downs, we may apply a buy or sell spread to the price of units in our funds. A buy spread is added when you buy units and a sell spread is deducted when you redeem them as a result of a withdrawal or switch. These spreads are used to cover higher than usual transaction costs that can arise in certain circumstances from an investor’s purchase, withdrawal or switch. They aren't a fee paid to Tempo or a fund manager.
If we consider market conditions are normal, generally, there won't be any buy or sell spreads. We'll publish any buy or sell spreads here, if they happen. You can find more information buy and sell spreads in the Product Disclosure Statement.
