AMP ANZ Growth Fund

In their own words: "The fund invests mainly in share and listed property assets, with a smaller 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: *7.04%

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

Annual Fees: 1.27%

Annual fees, including membership and % management fee.

More information:

A summary of this fund and it's details.

Number FND618
Name AMP ANZ Growth Fund
Risk profile Growth fund
Description The fund invests mainly in share and listed property assets, with a smaller 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 $21M NZD
Members 1,567
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 Tue Dec. 31st 2019
Fund started Thu July 28th 2016
Three-year average return *7.04%
Market index past year return 21.98%
Past year return net charges and tax 21.81%
Past year return net of charges gross of tax 23.51%
Market index return since fund started 10.46%
Return since fund started net 8.51%
Total annual fund fees 1.27%
Total performance based fees 0.0%
Manager's basic fee 1.17%
Administration charges 0.1%
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 30 September 2019.

The past annual returns for this fund. Please note that higher past returns do not always mean higher future returns.

Year Market Average Fund Annual Return
2019 6.87% 7.19%
2018 7.63% 6.89%

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 September 2019.

Showing the top 10 investments for this fund:

  • ANZ Wholesale 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 30 September 2019.

How the money in this fund is invested against the fund's targets.

Target

Actual


Type Target Actual
Cash and Cash Equivalents 4.0% 8.84%
New Zealand Fixed Interest 5.0% 2.8%
International Fixed Interest 11.0% 6.97%
Australasian Equities 18.0% 17.66%
International Equities 53.0% 53.79%
Listed Properties 9.0% 9.94%
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 30 September 2019.

Key Personnel

  • Blair Robert Vernon

    Currently: Investment Committee Member (8 years, 6 months)
    Previously: Chief Executive, AMP Wealth Management New Zealand (1 years, 0 months)

  • Jeffery Darren Ruscoe

    Currently: Investment Committee Member (0 years, 9 months)
    Previously: Chief Client Officer, AMP Wealth Management New Zealand (0 years, 9 months)

  • Timothy Pritchard

    Currently: Investment Committee Member (0 years, 9 months)
    Previously: General Counsel, AMP Wealth Management New Zealand (1 years, 7 months)

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

Does this fund have a policy to exclude any industries from its investments? The first column shows if the fund has a policy to exclude the issue. The second column shows if there are any current investments (source: Mindful Money research).

The Fund may have investments that are not consistent with their exclusions policy because they are still in the process of implementing their policy.

  • Issue of concern
    Is it excluded?
    Portfolio analysis
  • Adult Entertainment/Pornography:
    0.00%
  • Alcohol:
    2.16%
  • Animal Testing:
    5.83%
  • Fossil Fuels:
    1.83%
  • Gambling:
    0.67%
  • GMOs:
    0.55%
  • Human Rights & Environmental Violations:
    2.12%
  • Palm Oil:
    0.00%
  • Tobacco:
    0.00%
  • Weapons:
    0.74%

This data is compiled by Mindful Money from the fund information and portfolios that each KiwiSaver fund has filed with the Disclose register to 30 September 2019 and Mindful Money analysis of funds within those portfolios. 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.

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.

Note that 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

Specific companies invested in:

Fossil Fuel

Oil Search Limited 0.28%
BHP Billiton Ltd 0.27%
Origin Energy Ltd 0.24%
Enbridge Inc 0.12%
Viva Energy Group 0.12%
Kinder Morgan Inc 0.11%
Koninklijke Vopak Nv 0.10%
Royal Dutch Shell 0.07%
Bp Plc 0.06%
Phillips 66 0.06%
Total Sa 0.05%
Valero Energy Corp 0.05%
Repsol Sa 0.04%
Chevron Corp 0.04%
Anglo American Plc 0.04%
Omv Ag 0.04%
Lukoil Pjsc-Spon Adr 0.03%
Pjsc Tatneft Adr 0.03%
China Petroleum 0.02%
Marubeni Corp 0.02%
Equinor Asa 0.02%
Motor Oil Sa 0.02%

Weapons

Safran Sa 0.30%
United Technologies 0.23%
Bae Systems Plc 0.05%
Textron Inc 0.04%
Raytheon Co 0.04%
Oshkosh Corp 0.03%
Leonardo Spa 0.03%
Rheinmetall Ag 0.02%

Gambling

Aristocrat Leisure 0.36%
Sky City Entertainment Group 0.24%
Sands China Limited 0.04%
Wynn Resorts Ltd 0.04%

Alcohol

Lvmh Moet Hennessy 0.55%
Diageo Plc 0.47%
Pernod-Ricard Sa 0.38%
Heineken Nv 0.21%
Anheuser-Busch 0.17%
Carlsberg As - B Shs 0.14%
Ambev Sa-Adr 0.08%
Ambev Sa 0.07%
Treasury Wine Est 0.07%
Molson Coors Brewing 0.02%

GMOs

Bayer Ag 0.38%
Nufarm Limited 0.16%

Human Rights & Environmental Violations

Nestle Sa 0.87%
Essity Aktiebolag-B 0.46%
Johnson & Johnson 0.30%
BHP Billiton Ltd 0.27%
Sempra Energy 0.07%
Royal Dutch Shell 0.07%
Chevron Corp 0.04%
Leonardo Spa 0.03%
Archer Daniels 0.02%

Animal Testing

Nestle Sa 0.870%
Lvmh Moet Hennessy 0.550%
Reckitt Benckiser 0.510%
Essity Aktiebolag-B 0.460%
Danone 0.400%
Bayer Ag 0.380%
Johnson & Johnson 0.300%
Unilever Nv Ord 0.290%
Akzo Nobel N.V 0.280%
Ppg Industries Inc 0.270%
Colgate Palmolive 0.260%
Koninklijke Dsm Nv 0.240%
Air Liquide 0.230%
Coca Cola Co 0.170%
Pepsico Inc 0.160%
Burberry Group Plc 0.120%
Royal Dutch Shell 0.070%
Glaxosmithkline Plc 0.060%
Walgreens Boots Alli 0.050%
Chevron Corp 0.040%
Solvay Sa 0.020%
Archer Daniels 0.020%
Bayer Motoren Werk 0.020%
Mitsubishi Gas Chem 0.020%
Sainsbury (J) Plc 0.020%

Download the fund's disclosure statement and portfolio holdings.

Latest news

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.