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.

Growth assets

Growth assets

Listed property	Equities (e.g. shares)

If you’re seeking higher long-term returns, you need to be willing to accept more risk, for example by investing in a fund with more growth assets.

Income assets

Income assets icons

Cash and cash equivalents	Fixed interest (e.g. bonds)

If you’re seeking lower risk, you need to be willing to accept lower long-term returns, for example by investing in a fund with more income assets.

Choosing a fund

You can choose a fund by selecting from one of two options:

Selecting our Lifetimes option

With our Lifetimes option, you don’t need to do anything – your money is automatically invested in a fund that is considered appropriate for an average person of your age.

Find out more about the Lifetimes option

Selecting from our six funds yourself

A good option if you’re a hands-on investor. It can also be a good option if you’re looking to use your KiwiSaver savings to buy your first home in the near 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.

Find out more about our funds

Need help?

Find out your risk profile

Understanding your tolerance for investment risk may help you choose the right fund for you.

Changing funds

You can change the fund your savings are invested in. There are a number of ways to switch between funds:

Our funds

Here is an overview of our six funds. Select the scheme to view your options.

ANZ KiwiSaver Scheme
ANZ Default KiwiSaver Scheme

ANZ KiwiSaver Scheme

Caption
Growth Fund
Suggested investment timeframe^disclaimer 30+ years
Investment mix: 80% growth assets 20% income assets Investment return objective: 4.8% over inflation^disclaimer Annual fund charge: 1.09% Lifetimes option age range: 0-35 View the latest quarterly fund report for more details.

Caption
Balanced Growth Fund
Suggested investment timeframe^disclaimer 20-29 years
Investment mix: 65% growth assets 35% income assets Investment return objective: 4.0% over inflation^disclaimer Annual fund charge: 1.04% Lifetimes option age range: 36-45 View the latest quarterly fund report for more details.

Caption
Balanced Fund
Suggested investment timeframe^disclaimer 10-19 years
Investment mix: 50% growth assets 50% income assets Investment return objective: 3.2% over inflation^disclaimer Annual fund charge: 0.99% Lifetimes option age range: 46-55 View the latest quarterly fund report for more details.

Caption
Conservative Balanced Fund
Suggested investment timeframe^disclaimer 5-9 years
Investment mix: 35% growth assets 65% income assets Investment return objective: 2.2% over inflation^disclaimer Annual fund charge: 0.94% Lifetimes option age range: 56-60 View the latest quarterly fund report for more details.

Caption
Conservative Fund
Suggested investment timeframe^disclaimer 1-4 years
Investment mix: 20% growth assets 80% income assets Investment return objective: 1.4% over inflation^disclaimer Annual fund charge: 0.87% Lifetimes option age range: 61-64 View the latest quarterly fund report for more details.

Caption
Cash Fund
Suggested investment timeframe^disclaimer Up to 12 months
Investment mix: 100% income assets Investment return objective: In line with the S&P/NZX Bank Bills 90 Day Index^disclaimer Annual fund charge: 0.27% Lifetimes option age range: 65+ View the latest quarterly fund report for more details.

ANZ Default KiwiSaver Scheme

If you’ve been automatically enrolled in the ANZ Default KiwiSaver Scheme, your savings will have been invested in the Conservative Fund. This is intended as a ‘temporary parking space’. It’s important to take the time to think about which fund option is right for you.

Caption
Growth Fund
Suggested investment timeframe^disclaimer 30+ years
Investment mix: 80% growth assets 20% income assets Investment return objective: 4.8% over inflation^disclaimer Annual fund charge: 1.10% Lifetimes option age range: 0-35 View the latest quarterly fund report for more details.

Caption
Balanced Growth Fund
Suggested investment timeframe^disclaimer 20-29 years
Investment mix: 65% growth assets 35% income assets Investment return objective: 4.0% over inflation^disclaimer Annual fund charge: 1.05% Lifetimes option age range: 36-45 View the latest quarterly fund report for more details.

Caption
Balanced Fund
Suggested investment timeframe^disclaimer 10-19 years
Investment mix: 50% growth assets 50% income assets Investment return objective: 3.2% over inflation^disclaimer Annual fund charge: 1.00% Lifetimes option age range: 46-55 View the latest quarterly fund report for more details.

Caption
Conservative Balanced Fund
Suggested investment timeframe 5-9 years
Investment mix: 35% growth assets 65% income assets Investment return objective: 2.2% over inflation^disclaimer Annual fund charge: 0.95% Lifetimes option age range: 56-60 View the latest quarterly fund report for more details.

Caption
Conservative Fund
Suggested investment timeframe 1-4 years
Investment mix: 20% growth assets 80% income assets Investment return objective: 1.4% over inflation^disclaimer Annual fund charge: 0.48% Lifetimes option age range: 61-64 View the latest quarterly fund report for more details.

Caption
Cash Fund
Suggested investment timeframe Up to 12 months
Investment mix: 100% income assets Investment return objective: In line with the S&P/NZX Bank Bills 90 Day Index^disclaimer Annual fund charge: 0.28% Lifetimes option age range: 65+ View the latest quarterly fund report for more details.

What's next?

Call us

0800 736 034

Weekdays, 8am - 6pm

Download the guide and product disclosure statement.

Talk to an ANZ financial adviser

0800 269 238

(0800 ANZ ADVICE)

Weekdays, 8:30am - 5pm

Visit a branch

Call 0800 269 296 to make an appointment

Weekdays, 8am - 6pm

Important information

ANZ New Zealand Investments Limited is the issuer and manager of the ANZ KiwiSaver Scheme and the ANZ Default KiwiSaver Scheme. Important information is available under terms & conditions. Download the guide and product disclosure statement.

The suggested investment timeframe is based on the time you plan to withdraw some or all of your savings (e.g. for your first home or retirement).

ANZ KiwiSaver Scheme Growth Fund aims to achieve a positive yearly return (after the fund charge and before tax) that over the long term is 4.8% over inflation (allowing for a negative return 4.9 years in every 20). We cannot guarantee that each fund’s investment objectives will be achieved.

ANZ KiwiSaver Scheme Balanced Growth Fund aims to achieve a positive yearly return (after the fund charge and before tax) that over the long term is 4.0% over inflation (allowing for a negative return 4.7 years in every 20). We cannot guarantee that each fund’s investment objectives will be achieved.

ANZ KiwiSaver Scheme Balanced Fund aims to achieve a positive yearly return (after the fund charge and before tax) that over the long term is 3.2% over inflation (allowing for a negative return 4.1 years in every 20). We cannot guarantee that each fund’s investment objectives will be achieved.

ANZ KiwiSaver Scheme Conservative Balanced Fund aims to achieve a positive yearly return (after the fund charge and before tax) that over the long term is 2.2% over inflation (allowing for a negative return 3.7 years in every 20). We cannot guarantee that each fund’s investment objectives will be achieved.

ANZ KiwiSaver Scheme Conservative Fund aims to achieve a positive yearly return (after the fund charge and before tax) that over the long term is 1.4% over inflation (allowing for a negative return 3.4 years in every 20). We cannot guarantee that each fund’s investment objectives will be achieved.

KiwiSaver Scheme Cash Fund aims to achieve a positive yearly return (after the fund charge and before tax) that over the long term is in line with the S&P/NZX Bank Bills 90 Day Index. We cannot guarantee that each fund’s investment objectives will be achieved.

ANZ Default KiwiSaver Scheme Growth Fund aims to achieve a positive yearly return (after the fund charge and before tax) that over the long term is 4.8% over inflation (allowing for a negative return 5.0 years in every 20). We cannot guarantee that each fund’s investment objectives will be achieved.

ANZ Default KiwiSaver Scheme Balanced Growth Fund aims to achieve a positive yearly return (after the fund charge and before tax) that over the long term is 4.0% over inflation (allowing for a negative return 4.7 years in every 20). We cannot guarantee that each fund’s investment objectives will be achieved.

ANZ Default KiwiSaver Scheme Balanced Fund aims to achieve a positive yearly return (after the fund charge and before tax) that over the long term is 3.2% over inflation (allowing for a negative return 4.2 years in every 20). We cannot guarantee that each fund’s investment objectives will be achieved.

ANZ Default KiwiSaver Scheme Conservative Balanced Fund aims to achieve a positive yearly return (after the fund charge and before tax) that over the long term is 2.2% over inflation (allowing for a negative return 3.7 years in every 20). We cannot guarantee that each fund’s investment objectives will be achieved.

ANZ Default KiwiSaver Scheme Conservative Fund aims to achieve a positive yearly return (after the fund charge and before tax) that over the long term is 1.4% over inflation (allowing for a negative return 3.4 years in every 20). We cannot guarantee that each fund’s investment objectives will be achieved.

ANZ Default KiwiSaver Scheme Cash Fund aims to achieve a positive yearly return (after the fund charge and before tax) that over the long term is in line with the S&P/NZX Bank Bills 90 Day Index. We cannot guarantee that each fund’s investment objectives will be achieved.