AMP KiwiSaver Scheme
AMP International Fixed Interest Fund

In their own words: "This is a single sector fund with a diversified portfolio of international fixed interest securities using a combination of specialist investment managers. The multiple-manager approach utilises managers who invest across different sectors and securities as well as using a range of investment approaches. The fund aims to primarily preserve the value of your investment with some capital growth."

At a glance:

Not Mindful
Type: Defensive fund
Past Returns: *1.50%

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

Annual Fees: 1.0%

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

More information:

A summary of this fund and it's details.

Number FND611
Name AMP International Fixed Interest Fund
Risk profile Defensive fund
Description This is a single sector fund with a diversified portfolio of international fixed interest securities using a combination of specialist investment managers. The multiple-manager approach utilises managers who invest across different sectors and securities as well as using a range of investment approaches. The fund aims to primarily preserve the value of your investment with some capital growth.
Value $550k NZD
Members 59
Market index description Bloomberg Barclays Global Aggregate Index (100% hedged to NZD)
Disclosure Statement Period Sun March 31st 2019
Fund started Thu July 28th 2016
Three-year average return *1.50%
Market index past year return 4.63%
Past year return net charges and tax 2.4
Past year return net of charges gross of tax 3.37
Market index return since fund started 2.32%
Return since fund started net 0.80%
Total annual fund fees 1.0
Total performance based fees 0.0
Manager's basic fee 0.82
Administration charges 0.18
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 2.26% 2.4%
2018 2.15% 0.61%

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:

  • United States Treasury Note Bond Maturing 15 Aug 24
    United States Int Fixed Interest AA+
    1.36%
  • United States Treasury Note Bond Maturing 30 Apr 22
    United States Int Fixed Interest AA+
    1.35%
  • United States Treasury Note Bond Maturing 15 Feb 36
    United States Int Fixed Interest AA+
    1.0%
  • Freddie Mac Gold Pool Bond Maturing 15 Apr 39
    United States Int Fixed Interest AA+
    0.83%
  • United States Treasury Note Bond Maturing 15 Aug 20
    United States Int Fixed Interest AA+
    0.8%
  • Italy Buoni Poliennali Del Tesoro Bond Maturing 01 Mar 24
    Italy Int Fixed Interest BBB-
    0.77%
  • Ginnie Mae Ii Pool Bond Maturing 15 Apr 41
    United States Int Fixed Interest AA+
    0.76%
  • New Zealand Government Bond Maturing 15 May 21
    New Zealand NZ Fixed Interest AA+
    0.73%
  • Bundesrepublik Deutschland Bund Bond Maturing 04 Jan 37
    Germany Int Fixed Interest AAA
    0.7%
  • Japan Treasury Discount Bill Bond Maturing 22 Apr 19
    Japan Int Fixed Interest A+
    0.69%

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 0.0% 0.25%
New Zealand Fixed Interest 0.0% 1.71%
International Fixed Interest 100.0% 98.04%
Australasian Equities 0.0% 0.0%
International Equities 0.0% 0.0%
Listed Properties 0.0% 0.0%
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:
    0.14%
  • Animal Testing:
    0.88%
  • Fossil Fuels:
    1.64%
  • Gambling:
    0.00%
  • GMOs:
    0.19%
  • Human Rights & Environmental Violations:
    0.50%
  • Palm Oil:
    0.00%
  • Tobacco:
    0.00%
  • Weapons:
    0.11%

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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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 invested. 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.