AMP KiwiSaver Scheme
AMP ANZ Balanced Growth Fund

In their own words: "The fund invests mainly in share and listed property assets, with some exposure to cash and fixed interest assets. The fund aims to achieve investment performance ahead of inflation over the long term and achieve investment performance that reflects the level of risk applicable to the fund's underlying asset classes."

At a glance:

Not Mindful
Type: Growth fund
Past Returns: 6.31%

Average annual returns over the past 3 years, after fees and taxes. *indicates less than three years of data.

Annual Fees: 1.2%

Annual fees, including membership and % management fee, assuming $10,000 investment.

More information:

A summary of this fund and it's details.

Number FND137
Name AMP ANZ Balanced Growth Fund
Risk profile Growth fund
Description The fund invests mainly in share and listed property assets, with some exposure to cash and fixed interest assets. The fund aims to achieve investment performance ahead of inflation over the long term and achieve investment performance that reflects the level of risk applicable to the fund's underlying asset classes.
Value $260M NZD
Members 6,698
Market index description A composite index is calculated using the target investment mix weightings of the underlying market indices 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 6.31%
Market index past year return 8.95%
Past year return net charges and tax 6.63
Past year return net of charges gross of tax 7.54
Market index return since fund started 10.38%
Return since fund started net 8.52%
Total annual fund fees 1.2
Total performance based fees 0.0
Manager's basic fee 1.07
Administration charges 0.13
Total other charges 23.4
Total other charges currency NZD

This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to 31 March 2019.

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
2019 6.87% 6.63%
2018 7.63% 6.02%
2017 8.87% 6.28%
2016 3.62% 3.4%
2015 13.73% 14.6%
2014 8.43% 8.57%
2013 12.00% 12.26%
2012 -1.50% 3.03%
2011 6.13% 6.19%
2010 23.64% 19.3%

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:

  • ANZ Wholesale Balanced Growth Fund
    New Zealand Fund N/A
    100.0%

This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to 31 March 2019.

How the money in this fund is invested.

Type Target Actual
Cash and Cash Equivalents 6.0% 10.72%
New Zealand Fixed Interest 9.0% 7.2%
International Fixed Interest 20.0% 16.83%
Australasian Equities 14.0% 13.94%
International Equities 41.0% 41.12%
Listed Properties 10.0% 10.19%
Unlisted Properties 0.0% 0.0%
Unknown None% 0.0%
Other 0.0% 0.0%
Commodities 0.0% 0.0%

This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to 31 March 2019.

Key Personnel

  • 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)

This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to 31 March 2019.

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.

  • Adult Entertainment/Pornography:
    0.00%
  • Alcohol:
    1.67%
  • Animal Testing:
    4.68%
  • Fossil Fuels:
    1.15%
  • Gambling:
    0.58%
  • GMOs:
    0.41%
  • Human Rights & Environmental Violations:
    1.47%
  • Palm Oil:
    0.00%
  • Tobacco:
    0.00%
  • Weapons:
    0.48%

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?

  • Adult Entertainment/Pornography:
  • Alcohol:
  • Animal Testing:
  • Fossil Fuels:
  • Gambling:
  • GMOs:
  • Human Rights & Environmental Violations:
  • Palm Oil:
  • Tobacco:
  • Weapons:

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.

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Before investing, consider your investment aims, your values and your risk preferences. You should read the Product Disclosure Statement for the investment fund carefully. It contains the fund’s investment objectives, risks, fees and other information which you should know before investing. This website has a list of the advisers that are registered with the Responsible Investment Association of Australasia. You should contact an investment adviser before investing if you have questions or if you are unclear about the implications of your investment decision.