The ANZ PIE Fund – Call Option has been designed for customers who want tax effective, competitive returns and easy access to their investment.

The minimum investment is only $500, you can make regular contributions, there are no entry, management or exit fees. You earn income on every dollar invested.


      Effective Rate*
Type of Rate Income Distributed Rate of Return (p.a.) Effective rate for investment based on PIR of 28% and if you pay income tax at:
      30%** 33%^
Call Quarterly 0.10% p.a. 0.10% p.a. 0.11% p.a.

*For 30% and 33% taxpayers, ANZ PIE Fund returns are taxed at 28%. The effective rate is the rate you would need to earn if taxed at your income tax rate, to achieve the same after tax return as investing in the Call / Term Option at a PIR of 28%.
**Applies to investors with taxable income of $48,001 to $70,000.
^Applies to investors with taxable income of $70,001 and over.


There are no joining, management or monthly fees in the ANZ PIE Fund - Call Option. Service charges may apply, including if you use ANZ Internet Banking.  See ANZ Fees and Charges booklet for more information.

Rate of return

The rate of return is subject to change. The return is calculated daily and is allocated quarterly (in the form of additional units). The additional units are added to your PIE Fund account calendar quarterly (March, June, September and December).

How to apply

Read the ANZ PIE Fund Information Brochure below and come into any ANZ branch.

A copy of the ANZ PIE Fund Information Brochure, Terms and Conditions and Financial Statements can be obtained below, from any ANZ Branch, or by calling 0800 269 296.

ANZ Investment Services (New Zealand) Limited, the issuer of the ANZ PIE Fund, has elected that the Financial Markets Conduct Act 2013 (FMCA) will apply to all offers of securities in the ANZ PIE Fund made from 1 December 2014. See the notice to the Financial Markets Authority under Part 1 of Schedule 4 of the FMCA confirming that election below.

Investments in the ANZ PIE Fund issued by ANZ Investment Services (New Zealand) Limited do not represent deposits or liabilities of ANZ Bank New Zealand Limited or Australia and New Zealand Banking Group Limited (together “ANZ Group”). Neither ANZ Group or The New Zealand Guardian Trust Company Limited (the "Trustee") stand behind or guarantee ANZ Investment Services (New Zealand) Limited. Investments are subject to investment risk, including possible delays in repayment, and loss of income and principal invested. Neither ANZ Group nor the Trustee will be liable to you for the capital value or performance of your investment.

A copy of the Bank's General Disclosure Statement under the Reserve Bank of New Zealand Act 1989 is available on this website or on request from any ANZ branch, free of charge.

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