AMP Wealth Management New Zealand Limited
AMP Aggressive Fund
AMP KiwiSaver SchemeAggressive
What the provider says about this fund
The fund has a well-diversified portfolio that aims to provide growth, primarily through holding growth assets with a low allocation to income assets. The fund aims to achieve high returns, in exchange there will be larger movements up and down in the value of your investments.
1-year return
13.26%
5-year return p.a.
6.70%
Total annual fee
0.85%
Fund size ($m)
1088.7
Members
30,089
Inception date
1 October 2007
Risk indicator
The official Smart Investor risk indicator uses a scale from 1 to 7.
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7
Lower riskHigher risk
Investment mix
Growth assets
95.04%
Income assets
4.96%
| Asset class | Actual | Target | Average for Aggressive funds |
|---|---|---|---|
| Australasian shares | 20.61% | 20.00% | 28.28% |
| Cash and equivalents | 1.07% | 1.00% | 1.31% |
| Commodities | 0.00% | 0.00% | 0.09% |
| International bonds | 1.94% | 2.00% | 0.17% |
| International shares | 62.14% | 65.00% | 59.89% |
| Listed property | 0.00% | 0.00% | 8.08% |
| New Zealand bonds | 1.95% | 3.50% | 0.17% |
| Unknown | 0.00% | 0.00% | 0.00% |
| Unlisted property | 0.00% | 0.00% | 0.17% |
Top 10 holdings
| Rank | Asset | Asset class | Asset type | Country | % of fund |
|---|---|---|---|---|---|
| 1 | NVIDIA Corp | Shares | International Equities | US | 2.84% |
| 2 | Fisher & Paykel Healthcare Corporation Limited | Shares | Australasian Equities | NZ | 2.81% |
| 3 | Apple Inc | Shares | International Equities | US | 2.51% |
| 4 | Auckland International Airport Limited | Shares | Australasian Equities | NZ | 1.78% |
| 5 | Microsoft Corp | Shares | International Equities | US | 1.71% |
| 6 | Infratil Limited | Shares | Australasian Equities | NZ | 1.49% |
| 7 | Taiwan Semiconductor Manufacturing Company Ltd | Shares | International Equities | TW | 1.46% |
| 8 | Amazon.Com Inc | Shares | International Equities | US | 1.40% |
| 9 | Contact Energy Limited | Shares | Australasian Equities | NZ | 1.17% |
| 10 | Alphabet Inc Class C | Shares | International Equities | US | 1.09% |
Fees
0.85% total annual fee
| Fee type | Fee | Cost per year on a $30,000 balance | Average for Aggressive funds |
|---|---|---|---|
| Management fees | 0.69% | $207 | 0.71% |
| Other fees | 0.08% | $24 | 0.08% |
| Membership fees | 0.08% | $23 | 0.05% |
| Total combined fees | 0.85% | $254 | 0.85% |
Yearly returns
| Year ending | Fund return | Average for Aggressive funds |
|---|---|---|
| 31 March 2017 | 11.17% | 11.18% |
| 31 March 2018 | 6.90% | 6.93% |
| 31 March 2019 | 7.63% | 9.96% |
| 31 March 2020 | -6.81% | -6.59% |
| 31 March 2021 | 28.41% | 35.19% |
| 31 March 2022 | 1.92% | 3.36% |
| 31 March 2023 | -4.54% | -4.50% |
| 31 March 2024 | 17.70% | 16.43% |
| 31 March 2025 | 6.63% | 4.58% |
| 31 March 2026 | 13.26% | 12.72% |
Key personnel
| Name | Position | Time in role |
|---|---|---|
| Craig Stobo | Investment Committee, Independent Member | 2 years, 5 months |
| Jeff Ruscoe | Investment Committee, Member(Chairman) | 7 years |
| Mark Ennis | Investment Committee, Member | 5 years, 8 months |
| Matthew Arnold* | Investment Committee, Member | 1 month |