AMP ANZ Balanced Growth Fund

Find a Mindful Ethical fund »

Not Mindful

Fund type: Growth fund

Past Returns: 7.96%

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

Annual Fees: 1.15%

Annual fees, including management and administration fees, but not membership fee.

The graph below shows the percentage of the fund invested in each of the worst issues of concern to New Zealanders. Below the graph are listed all the companies this fund invests in, by issue of concern.


Fossil Fuel

Ampol Ltd 0.02%
Anglo American Capital Call 4.75% 10-Apr-27 Us034863Ar12 0.01%
BHP Billiton Ltd 0.28%
Centrica PLC 7% 19-Sep-33 0.01%
Cheniere Energy Inc 0.05%
China Petroleum & Chemical 0.02%
Dominion Energy Inc 0.07%
Dominion Energy Inc Call 2.25% 15-Aug-31 Us25746Udl08 0.02%
Enbridge Inc 0.06%
Enbridge Inc Call 27-Sep-77 Ca29250Nat24 0.01%
Eni Spa Perp Call 31-Dec-49 Xs2242929532 0.01%
Itochu Corp 0.02%
Karoon Energy Ltd 0.02%
Koninklijke Vopak Nv 0.07%
Lyondellbasell Industries Class A 0.02%
Marathon Petroleum Corp 0.02%
Marubeni Corp 0.01%
OMV AG Perp Call 31-Dec-49 Xs1294343337 0.01%
Phillips 66 0.01%
Repsol SA 0.01%
Santos Limited 0.10%
Shell PLC 0.02%
Snam Spa 0.875% 25-Oct-26 0.01%
Sojitz Corporation 0.01%
Valero Energy Corp 0.02%
Williams Cos Inc 0.04%
Woodside Petroleum 0.07%

Weapons

Amphenol Corporation - Class A 0.12%
Canadian Tire Corp - Class A 0.02%

Gambling

Aristocrat Leisure Limited 0.13%
Flutter Entertainment PLC 0.16%
Sky City Entertainment Group 0.14%
Tabcorp Holdings Ltd 0.03%

Alcohol

Carlsberg As - B Shs 0.10%
Diageo PLC 0.48%
Heineken Nv 0.46%
LVMH Moet Hennessy Louis Vuitton SA 0.54%
Molson Coors Beverage Co 0.04%
Pernod-Ricard SA 0.30%
Treasury Wine Estates Limited 0.08%

Human Rights & Environmental Violations

BHP Billiton Ltd 0.57%
Bayer AG 0.25%
China Petroleum & Chemical 0.03%
Credit Suisse Group AG Call 01-Apr-31 Us225401Ap33 0.01%
Credit Suisse Group AG Call 02-Apr-32 Ch1174335740 0.01%
Duke Energy Corporation 0.15%
Johnson & Johnson 0.02%
Nestle Holdings Inc Call 4% 24-Sep-48 Us641062An41 0.01%
Nestle SA 0.85%
Rio Tinto Limited 0.14%
Shell PLC 0.03%
Teva Pharmaceutical Industries Limited 0.01%

Animal Testing

Adeka Corp 0.02%
Air Liquide 0.30%
Akzo Nobel N.V 0.15%
Archer Daniels Midland Co 0.03%
Bayer AG 0.25%
Burberry Group PLC 0.11%
Celanese Corporation Series A 0.04%
Coca Cola Co 0.29%
Danone 0.28%
Eastman Chemical Co 0.04%
Essity Aktiebolag - B Shares 0.24%
General Mills Inc 0.03%
Glaxosmithkline PLC 0.08%
Hermes International 0.07%
Hp Inc 0.06%
Huntsman Corp 0.02%
Intl Flavors & Fragrances 0.15%
Johnson & Johnson 0.02%
Koninklijke Dsm Nv 0.29%
LVMH Moet Hennessy Louis Vuitton SA 0.54%
Linde PLC 0.40%
Linde PLC US 0.10%
Lyondellbasell Industries Class A 0.03%
Marubeni Corp 0.02%
Nestle SA 0.85%
PPG Industries Inc 0.19%
Reckitt Benckiser 0.26%
Shell PLC 0.03%
Sherwin-Williams Co 0.07%
Solvay SA 0.02%
Tesco PLC 0.02%
The Kraft Heinz Company 0.04%
The Mosaic Company 0.05%
Unilever PLC 0.02%
Xerox Corp 0.02%
Yara International 0.02%

This data is compiled by Mindful Money from the fund information and portfolios that each KiwiSaver fund has filed with the Disclose register to Thu March 31st 2022 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, Sustainalytics and research organisations.

Please note that companies may breach more than one of these areas of concern.

Mindful Money uses the term Mindful Funds as our standard for ethical investment and responsible investment. This does not imply that other funds are unethical or that the fund providers that do not meet these standards are unethical providers.

Past annual returns for this fund are after fees and taxes. Please note that higher past returns do not always mean higher future returns.

Year Market Average Fund Annual Return
2022 1.87% 3.63%
2021 27.41% 23.65%
2020 -3.40% -3.39%
2019 6.95% 6.63%
2018 7.80% 6.02%
2017 9.24% 6.28%
2016 3.62% 3.4%
2015 13.73% 14.6%
2014 8.43% 8.57%
2013 12.00% 12.26%

The market average is the average 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 Thu March 31st 2022.

Showing the top 10 investments for this fund:

  • ANZ Wholesale Balanced Growth Fund
    New Zealand Fund
    100.0%

This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register Thu March 31st 2022.

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

Target

Actual


Type Target Actual
Cash and Cash Equivalents 6.0% 9.24%
New Zealand Fixed Interest 7.5% 7.4%
International Fixed Interest 21.5% 13.93%
Australasian Equities 12.0% 12.49%
International Equities 45.5% 48.32%
Listed Properties 7.5% 8.62%
Unlisted Properties 0.0% 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 Thu March 31st 2022.

Does this fund exclude companies that cause deep concern to New Zealanders? The first column shows if the fund has a credible 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
    Does this fund say it excludes this?
    Actual holdings
  • Adult Entertainment/Pornography:
    0.00%
  • Alcohol:
    2.01%
  • Animal Testing:
    5.22%
  • Fossil Fuels:
    1.90%
  • Gambling:
    0.46%
  • GMOs:
    0.00%
  • Human Rights & Environmental Violations:
    2.08%
  • Palm Oil:
    0.00%
  • Tobacco:
    0.00%
  • Weapons:
    0.14%

This data is compiled by Mindful Money from the fund information and portfolios that each KiwiSaver fund has filed with the Disclose register to Thu March 31st 2022 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, Sustainalytics and research organisations.

Note that the fund’s exclusions policy may not be consistent with its portfolio holdings because the fund might be still implementing its policy change or their policy may be less stringent than the definitions applied by Mindful Money.

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. Similarly Mindful Money uses a broader scope for fossil fuels than the government’s rules for default KiwiSaver funds. The full definitions used in the Mindful Money analysis are here.

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."

Value $330M NZD
Period of data report Thu March 31st 2022
Members 6,588
Fund started Mon Oct. 1st 2007
Total annual fund fees 1.15%
Total performance based fees 0.0%
Manager's basic fee 1.08%
Other management and administration charges 0.07%
Total other charges 23.4
Total other charges currency NZD

Key Personnel

Timothy Pritchard

Currently: Investment Committee Member (3 years, 0 months)
Previously: General Counsel, AMP Wealth Management New Zealand (3 years, 10 months)

Jeffery Darren Ruscoe

Currently: Investment Committee Member (3 years, 0 months)
Previously: Chief Client Officer, AMP Wealth Management New Zealand (3 years, 0 months)

Blair Robert Vernon

Currently: Investment Committee Member (10 years, 9 months)
Previously: Chief Executive, AMP Wealth Management New Zealand (3 years, 3 months)

Mark David Ennis

Currently: Investment Committee Member (1 years, 8 months)
Previously: Managing Director, AdviceFirst Limited (2 years, 1 months)

This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to Thu March 31st 2022.

Downloads

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 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 Markets Conduct Act 2013 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.