AMP Global Multi-Asset Fund

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Type: Balanced fund
Past Returns: 2.47%

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

Annual Fees: 1.7%

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

Agl Energy Ltd 0.01%
Agl Energy Ltd. 0.01%
Ampol Ltd 0.03%
Apa Group Units 0.02%
Atmos Energy Corp 0.06%
BHP 0.17%
BHP Group Ltd 0.14%
Cheniere Energy Inc 0.02%
Ecopetrol SA 0.03%
Enbridge Inc 0.13%
First Quantum Minerals Ltd - 01/04/2025 0.01%
Gaz Capital SA Regs 0.02%
Gibson Energy Inc 0.08%
Kinder Morgan Inc 0.04%
Origin Energy Finance Ltd 0.03%
Origin Energy Ltd 0.01%
Pembina Pipeline Corp 0.02%
Pinnacle West Capital Corp 0.04%
Plains Gp Holdings Lp 0.05%
Reliance Industries Ltd 0.02%
Rio Tinto Ltd 0.05%
Santos Ltd 0.01%
Saudi Arabian Oil Co Mtn Regs 0.06%
South32 Ltd 0.01%
Tc Energy Corp 0.07%
Williams Cos Inc/The 0.10%
Woodside Petroleum Ltd 0.03%

Weapons

Howmet Aerospace (Was Arconic) 0.05%

Tobacco

British American Tobacco 0.15%

Gambling

Aristocrat Leisure Ltd 0.03%
Sands China Ltd 0.03%
Tabcorp Holdings Ltd 0.01%

Adult Entertainment/Pornography

Alcohol

Anheuser-Busch Inbev Worldwide Inc 0.08%
Anheuser-Busch Inbev Worldwide Inc. 0.01%
Treasury Wine Estates Ltd 0.01%

Palm Oil

Human Rights & Environmental Violations

BHP 0.17%
BHP Group Ltd 0.14%
Johnson & Johnson 0.02%
Nestle S.A. 0.02%
Rio Tinto Ltd 0.05%
Sempra Energy 0.12%

Animal Testing

British American Tobacco 0.150%
Johnson & Johnson 0.020%
Nestle S.A. 0.020%
Procter & Gamble Company 0.020%
Reliance Industries Ltd 0.020%

This data is compiled by Mindful Money from the fund information and portfolios that each KiwiSaver fund has filed with the Disclose register to Wed Sept. 30th 2020 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
2021 16.64% 13.4%
2020 -1.20% -5.37%
2019 5.69% -0.63%
2018 5.19% 2.2%

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 Wed March 31st 2021.

Showing the top 10 investments for this fund:

  • Schroder Real Return Fund - I Class
    Australia Australasian Equities
    49.3%
  • Vinva Australian Equitised Lon
    Australia Australasian Equities
    3.9%
  • Fd Credit Opportunities Fund
    Australia Int Fixed Interest
    3.74%
  • Gqg Partners Global Equity Fund
    Australia Australasian Equities
    3.15%
  • Tcw Residential Capital Structure Arbitrage Fund
    Cayman Islands International Equities
    2.81%
  • Ausbil Esg Focus Fund
    Australia Australasian Equities
    2.72%
  • Orbis Global Equity Le Fund
    Australia International Equities
    2.68%
  • Gam Systematic Alternative Risk Premia Plus Fund
    Australia Other
    2.19%
  • AMP Capital Alternative Defensive Fund
    Australia Other
    1.93%
  • Real Diversification Fund (8-16 Vol) Class C
    Australia Australasian Equities
    1.89%

This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register Wed March 31st 2021.

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

Target

Actual


Type Target Actual
Cash and Cash Equivalents 5.0% 17.19%
New Zealand Fixed Interest 0.0% 0.0%
International Fixed Interest 0.0% 33.08%
Australasian Equities 0.0% 14.81%
International Equities 0.0% 21.76%
Listed Properties 0.0% 0.0%
Unlisted Properties 0.0% 0.0%
Other 95.0% 13.16%
Commodities 0.0% 0.0%

This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to Wed March 31st 2021.

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
    Does this fund say it excludes this?
    Actual holdings
  • Adult Entertainment/Pornography:
    0.01%
  • Alcohol:
    0.19%
  • Animal Testing:
    0.57%
  • Fossil Fuels:
    2.35%
  • Gambling:
    0.21%
  • GMOs:
    0.00%
  • Human Rights & Environmental Violations:
    0.68%
  • Palm Oil:
    0.02%
  • Tobacco:
    0.18%
  • Weapons:
    0.11%

This data is compiled by Mindful Money from the fund information and portfolios that each KiwiSaver fund has filed with the Disclose register to Wed Sept. 30th 2020 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 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.

In their own words

"This is a diversified fund that aims to generate a positive return above inflation and actively respond to market conditions with a flexible approach to investing. Assets are managed using a multi-manager approach that provides diversity across asset classes sectors geographies and investment managers and enables change in investment allocations due to market conditions. Risk mitigation strategies are designed to lower return volatility and reduce the impact of market related events."

Value $11M NZD
Period of data report Wed March 31st 2021
Members 362
Fund started Thu July 28th 2016
Total annual fund fees 1.7%
Total performance based fees 0.0%
Manager's basic fee 1.44%
Administration charges 0.26%
Total other charges 23.4
Total other charges currency NZD

Key Personnel

Timothy Pritchard

Currently: Investment Committee Member (2 years, 0 months)
Previously: General Counsel AMP Wealth Management New Zealand (2 years, 10 months)

Jeffery Darren Ruscoe

Currently: Investment Committee Member (2 years, 0 months)
Previously: Chief Client Officer AMP Wealth Management New Zealand (2 years, 0 months)

Blair Robert Vernon

Currently: Investment Committee Member (9 years, 9 months)
Previously: Chief Executive AMP Wealth Management New Zealand (2 years, 3 months)

Mark David Ennis

Currently: Investment Committee Member (0 years, 8 months)
Previously: Managing Director AdviceFirst Limited (1 years, 1 months)

This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to Wed March 31st 2021.

Downloads

Download the fund's disclosure statement and portfolio holdings.

Latest news

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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.