AMP KiwiSaver Scheme
AMP Moderate Fund
In their own words: "The fund has a well-diversified portfolio that primarily invests in lower-risk income assets with a moderate allocation to growth assets. The fund aims to achieve modest to medium returns, in exchange there may be small movements up and down in the value of your investments."
At a glance:
Average annual returns over the past 3 years, after fees and taxes. *indicates less than three years of data.
Annual fees, including membership and % management fee, assuming $10,000 investment.
A summary of this fund and it's details.
|Name||AMP Moderate Fund|
|Risk profile||Balanced fund|
|Description||The fund has a well-diversified portfolio that primarily invests in lower-risk income assets with a moderate allocation to growth assets. The fund aims to achieve modest to medium returns, in exchange there may be small movements up and down in the value of your investments.|
|Market index description||A composite index is calculated using the target investment mix weightings of the underlying market and peer group indices for the asset classes that the fund invests into. Additional information about the market index is available on the offer register.|
|Disclosure Statement Period||Sun March 31st 2019|
|Fund started||Mon Oct. 1st 2007|
|Three-year average return||4.66%|
|Market index past year return||7.06%|
|Past year return net charges and tax||5.12|
|Past year return net of charges gross of tax||6.13|
|Market index return since fund started||7.20%|
|Return since fund started net||4.83%|
|Total annual fund fees||1.21|
|Total performance based fees||0.0|
|Manager's basic fee||0.97|
|Total other charges||23.4|
|Total other charges currency||NZD|
The past annual returns for this fund. Please note that higher past returns do not always mean higher future returns.
|Year||Market Index||Fund Annual Return|
The market index is the average NZ KiwiSaver return for funds of the same risk category, sourced from the Commission for Financial Capability's Sorted website. The fund information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to 31 March 2019.
Showing the top 10 investments for this fund:
Call Account (Westpac Banking Corporation Advance Acct)
New Zealand Cash and Equivalents AA6.46%
Call Account (ANZ 32 Day Constant Maturity Date)
New Zealand Cash and Equivalents AA2.27%
New Zealand Government Bond Maturing 15 Apr 27
New Zealand NZ Fixed Interest AA+2.0%
Orbis Global Equity Le Fund
Australia International Equities N/A1.96%
New Zealand Government Bond Maturing 14 Apr 33
New Zealand NZ Fixed Interest AA+1.58%
Call Account (Rabobank Advance Account NZD)
New Zealand Cash and Equivalents A1.5%
New Zealand Government Bond Maturing 20 Apr 29
New Zealand NZ Fixed Interest AA+1.26%
New Zealand Government Bond Maturing 15 Apr 37
New Zealand NZ Fixed Interest AA+1.22%
A2 Milk Co Ltd
New Zealand Australasian Equities N/A0.88%
Gam Systematic Alternative Risk Premia Fund
Australia Other N/A0.79%
How the money in this fund is invested.
|Cash and Cash Equivalents||18.0%||17.3%|
|New Zealand Fixed Interest||21.0%||20.78%|
|International Fixed Interest||24.0%||20.05%|
Blair Robert Vernon
Currently: Investment Committee Member (7 years, 9 months)
Previously: Managing Director, AMP Financial Services (2 years, 3 months)
Simon John Hoole
Currently: Investment Committee Member (2 years, 2 months)
Previously: Chief Financial Officer, AMP Financial Services (5 years, 3 months)
Therese Mary Singleton
Currently: Investment Committee Member (4 years, 2 months)
Previously: General Manager, Advice & Sales, AMP Financial Services (2 years, 3 months)
The known proportion of this fund invested in the areas of concern that we track. The Fund may have investments that are not consistent with their exclusions policy because of timing issues or because there are companies of concern in indirect investments.
Human Rights & Environmental Violations:1.39%
This data has been compiled by Mindful Money from the portfolios that each KiwiSaver fund has filed with the Disclose register to 31 March 2019 and Mindful Money analysis of funds within those portfolio. The list of companies of concern has been drawn from ratings agencies and public sources, including the Norwegian Sovereign Fund, NZ Super Fund and research organisations.
Does this fund have a policy to exclude any industries from its investments?
Human Rights & Environmental Violations:
This data is compiled from Mindful Money analysis of Fund websites. Note that the Fund’s intended exclusions may not be consistent with the analysis of the portfolio because of timing issues or because there are companies of concern in indirect investments by the Fund.
Many KiwiSaver funds exclude controversial weapons. However, the category of Weapons used in this analysis is broader in scope, covering all munitions, firearms and military weapons.
Download the fund's disclosure statement and portfolio holdings.
This information has been sourced from the six monthly data that each KiwiSaver fund has filed with Disclose register to 31 March 2019.