Growth Fund
May be appropriate if you plan to access your savings in—
30+ years
Investment mix:
- 80% growth assets
- 20% income assets
Annual fund charge:
- 1.09%
Lifetimes option age range:
- 0-35
Compare our funds
Compare our six funds and their key features, at a glance.
How does your fund choice affect your returns?
Each of the ANZ-managed KiwiSaver schemes have a choice of six different funds, so you can choose how your savings are invested.
It’s important to note that the fund you’re invested in can make a big difference to the amount you have when you retire (or when you withdraw your savings to buy your first home).
How are our funds different?
Each of our funds has a different mix of investment 'assets' (e.g. shares, property, fixed interest and cash). Each type of asset has different levels of risk and return.
Growth assets are likely to experience larger movements in value compared to income assets. However, they’re also expected to achieve higher returns over the long term.
Choosing a fund
You can choose a fund by selecting from one of two options:
Selecting our Lifetimes option
With our Lifetimes option, your savings are moved through our funds based on your age.
Selecting from our six funds yourself
This is an option if you will review your fund choice on a regular basis or if you’re looking to buy your first home in the future – for example, you may want to consider a lower-risk fund to get more certainty about the amount you will have available to withdraw.
Our funds
Here is an overview of our six funds. Select the scheme to view your options.
The timeframe is based on the time you plan to withdraw some or all of your savings (e.g. for your first home or retirement).
Balanced Growth Fund
May be appropriate if you plan to access your savings in—
20-29 years
Investment mix:
- 65% growth assets
- 35% income assets
Annual fund charge:
- 1.04%
Lifetimes option age range:
- 36-45
Balanced Fund
May be appropriate if you plan to access your savings in—
10-19 years
Investment mix:
- 50% growth assets
- 50% income assets
Annual fund charge:
- 0.99%
Lifetimes option age range:
- 46-55
Conservative Balanced Fund
May be appropriate if you plan to access your savings in—
5-9 years
Investment mix:
- 35% growth assets
- 65% income assets
Annual fund charge:
- 0.79%
Lifetimes option age range:
- 56-60
Conservative Fund
May be appropriate if you plan to access your savings in—
1-4 years
Investment mix:
- 20% growth assets
- 80% income assets
Annual fund charge:
- 0.65%
Lifetimes option age range:
- 61-64
Cash Fund
May be appropriate if you plan to access your savings in—
Up to 12 months
Investment mix:
- 100% income assets
Annual fund charge:
- 0.27%
Lifetimes option age range:
65+
From 1 December 2021, the ANZ Default KiwiSaver Scheme is no longer a default scheme and is closed to new members. If you’re currently a member of the ANZ Default KiwiSaver Scheme, and you’ve chosen a fund, this closure doesn’t affect your KiwiSaver account at all. You’ll continue to be invested in the fund you selected, and enjoy all the benefits that come with it.
If you haven’t chosen a fund, your KiwiSaver account will automatically be transferred to a Balanced Fund with one of the new or re-appointed default providers.
Growth Fund
May be appropriate if you plan to access your savings in—
30+ years
Investment mix:
- 80% growth assets
- 20% income assets
Annual fund charge:
- 1.10%
Lifetimes option age range:
- 0-35
Balanced Growth Fund
May be appropriate if you plan to access your savings in—
20-29 years
Investment mix:
- 65% growth assets
- 35% income assets
Annual fund charge:
- 1.05%
Lifetimes option age range:
- 36-45
Balanced Fund
May be appropriate if you plan to access your savings in—
10-19 years
Investment mix:
- 50% growth assets
- 50% income assets
Annual fund charge:
- 1.00%
Lifetimes option age range:
- 46-55
Conservative Balanced Fund
May be appropriate if you plan to access your savings in—
5-9 years
Investment mix:
- 35% growth assets
- 65% income assets
Annual fund charge:
- 0.80%
Lifetimes option age range:
- 56-60
Conservative Fund
May be appropriate if you plan to access your savings in—
1-4 years
Investment mix:
- 20% growth assets
- 80% income assets
Annual fund charge:
- 0.48%
Lifetimes option age range:
- 61-64
Cash Fund
May be appropriate if you plan to access your savings in—
Up to 12 months
Investment mix:
- 100% income assets
Annual fund charge:
- 0.28%
Lifetimes option age range:
65+
Need help? Find out your risk profile
Understanding your tolerance for investment risk may help you choose the right fund for you.
Call us
Monday to Friday, 8am - 6pm
From overseas: +64 9 356 4000
Talk to an ANZ Investment Adviser
Monday to Friday, 8:30am - 5pm
Visit us
Find your local branch and make an appointment to visit us.
Changing funds
There are two ways to change the fund your savings are invested in:
Guide to your KiwiSaver account in ANZ Internet Banking
Find step-by-step instructions on how to change funds in Internet Banking.
Important information
ANZ New Zealand Investments Limited ('ANZ Investments') is the issuer and manager of the ANZ KiwiSaver Scheme and the ANZ Default KiwiSaver Scheme (together, the 'schemes'). Important information is available under terms and conditions. Download the guide and product disclosure statement.
ANZ New Zealand Investments Limited (‘ANZ Investments’) is also the issuer and manager of the OneAnswer KiwiSaver Scheme.
This material is for information purposes only. We recommend seeking financial advice about your situation and goals before getting a financial product. To talk to one of our team at ANZ, please call 0800 736 034, or for more information about ANZ’s financial advice service or to view our financial advice provider disclosure statement see anz.co.nz/fapdisclosure