ANZ KiwiSaver Scheme
ANZ Conservative Balanced Fund

In their own words: "The Conservative Balanced Fund invests mainly in income assets (cash and cash equivalents and fixed interest), with some exposure to growth assets (equities, listed property and listed infrastructure). The fund may also invest in alternative assets.The fund aims to achieve a positive yearly return (after the fund charge and before tax) that over the long-term is 2.2% over inflation (allowing for a negative return 3.7 years in every 20)."

At a glance:

Not Mindful
Type: Balanced fund
Past Returns: 4.25%

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

Annual Fees: 0.9%

Annual fees, including membership and % management fee.

More information:

A summary of this fund and it's details.

Number FND2187
Name ANZ Conservative Balanced Fund
Risk profile Balanced fund
Description The Conservative Balanced Fund invests mainly in income assets (cash and cash equivalents and fixed interest), with some exposure to growth assets (equities, listed property and listed infrastructure). The fund may also invest in alternative assets.The fund aims to achieve a positive yearly return (after the fund charge and before tax) that over the long-term is 2.2% over inflation (allowing for a negative return 3.7 years in every 20).
Value $1.1B NZD
Members 48,851
Market index description The market index annual return is calculated using the target investment mix and the indices of each asset class. Additional information about the market index is available in the statement of investment policy and objectives on the offer register.
Disclosure Statement Period Sun June 30th 2019
Fund started Mon Oct. 1st 2007
Three-year average return 4.25%
Market index past year return 7.70%
Past year return net charges and tax 4.91
Past year return net of charges gross of tax 6.3
Market index return since fund started 7.87%
Return since fund started net 6.22%
Total annual fund fees 0.9
Total performance based fees 0.0
Manager's basic fee 0.85
Administration charges 0.05
Total other charges 24.0
Total other charges currency NZD

This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to 30 June 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 5.68% 4.94%
2018 5.63% 4.12%
2017 6.10% 3.69%
2016 4.01% 3.58%
2015 11.09% 10.84%
2014 7.28% 5.36%
2013 10.75% 9.36%
2012 1.75% 3.67%
2011 5.30% 4.95%
2010 16.19% 12.92%

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 30 June 2019.

Showing the top 10 investments for this fund:

  • NZ Govt Stock 4.5% 2027
    New Zealand NZ Fixed Interest AA+
    1.19%
  • NZ Govt Stock 14/4/2033 3.50%
    New Zealand NZ Fixed Interest AA+
    1.11%
  • Cash Deposit (J.P. Morgan USD)
    United States Cash and Equivalents A1
    1.11%
  • ASB Registered Certificate Of Deposit 11/09/19
    New Zealand Cash and Equivalents A1+
    1.11%
  • NZ Govt Stock 15/04/37 2.75%
    New Zealand NZ Fixed Interest AA+
    1.03%
  • NZ Govt Stock 20/04/29 3%
    New Zealand NZ Fixed Interest AA+
    1.01%
  • NZ Govt Stock 5.5% 2023
    New Zealand NZ Fixed Interest AA+
    1.0%
  • BNZ Registered Certificate Of Deposit 15/08/19
    New Zealand Cash and Equivalents A1+
    0.78%
  • NZ Govt Stock 15/04/25 2.75%
    New Zealand NZ Fixed Interest AA+
    0.76%
  • ASB Registered Certificate Of Deposit 9/9/19
    New Zealand Cash and Equivalents A1+
    0.74%

This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to 30 June 2019.

How the money in this fund is invested.

Type Target Actual
Cash and Cash Equivalents 15.0% 19.49%
New Zealand Fixed Interest 15.0% 13.42%
International Fixed Interest 35.0% 31.66%
Australasian Equities 8.0% 8.07%
International Equities 21.0% 21.87%
Listed Properties 5.0% 5.49%
Unlisted Properties 0.0% 0.0%
Unknown None% 0.0%
Other 2.0% 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 30 June 2019.

Key Personnel

This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to 30 June 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:
    0.85%
  • Animal Testing:
    2.37%
  • Fossil Fuels:
    0.64%
  • Gambling:
    0.33%
  • GMOs:
    0.21%
  • Human Rights & Environmental Violations:
    0.77%
  • Palm Oil:
    0.00%
  • Tobacco:
    0.00%
  • Weapons:
    0.24%

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.

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You should be prudent about your investment.

Investing involves risk. The value of investments can go down, as well as going up. You might lose some of your capital investment. Past returns are not a guide to future returns. The information provided on this website is not a recommendation to buy, sell or hold any financial products. Nothing on this page is financial advice for the purposes of the Financial Advisers Act 2008 and any associated regulations.

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.