ANZ New Zealand Investments Limited
Growth Fund
ANZ KiwiSaver SchemeGrowth
What the provider says about this fund
The Growth Fund invests mainly in growth assets (equities, listed property and listed infrastructure), with a small exposure to income assets (cash and cash equivalents and fixed interest). The fund may also invest in alternative assets. The Growth Fund aims to achieve (after the fund charge and before tax) over the long term high returns, allowing for large ups and downs in value.
1-year return
9.61%
5-year return p.a.
4.46%
Total annual fee
0.96%
Fund size ($m)
5173.3
Members
221,903
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
80.47%
Income assets
19.53%
| Asset class | Actual | Target | Average for Growth funds |
|---|---|---|---|
| Australasian shares | 16.37% | 23.20% | 20.20% |
| Cash and equivalents | 1.55% | 5.00% | 6.14% |
| International bonds | 13.58% | 10.80% | 8.75% |
| International shares | 55.87% | 54.80% | 51.02% |
| New Zealand bonds | 4.40% | 6.20% | 7.35% |
| Unknown | 0.00% | 0.00% | 0.00% |
Top 10 holdings
| Rank | Asset | Asset class | Asset type | Country | % of fund |
|---|---|---|---|---|---|
| 1 | Nvidia Corporation | Shares | International Equities | US | 2.02% |
| 2 | Fisher and Paykel Healthcare | Shares | Australasian Equities | NZ | 1.81% |
| 3 | Apple Inc | Shares | International Equities | US | 1.80% |
| 4 | Microsoft Corporation | Shares | International Equities | US | 1.14% |
| 5 | Infratil Ltd | Shares | Australasian Equities | NZ | 1.02% |
| 6 | Bank Deposit (USD BNP) | Cash | Cash and Cash Equivalents | US | 1.02% |
| 7 | Auckland International Airport | Shares | Australasian Equities | NZ | 1.01% |
| 8 | Contact Energy Ltd | Shares | Australasian Equities | NZ | 0.96% |
| 9 | Amazon Com Inc | Shares | International Equities | US | 0.88% |
| 10 | United States Treasury 180626 0.00 Govt. Bond | Bonds | International Fixed Interest | US | 0.76% |
Fees
0.96% total annual fee
| Fee type | Fee | Cost per year on a $30,000 balance | Average for Growth funds |
|---|---|---|---|
| Management fees | 0.92% | $276 | 0.92% |
| Other fees | 0.04% | $12 | 0.10% |
| Membership fees | 0.00% | $0 | 0.05% |
| Total combined fees | 0.96% | $288 | 1.07% |
Yearly returns
| Year ending | Fund return | Average for Growth funds |
|---|---|---|
| 31 March 2017 | 7.91% | 8.61% |
| 31 March 2018 | 7.53% | 7.38% |
| 31 March 2019 | 7.46% | 7.03% |
| 31 March 2020 | -5.33% | -3.37% |
| 31 March 2021 | 29.59% | 28.64% |
| 31 March 2022 | 4.34% | 2.17% |
| 31 March 2023 | -4.03% | -3.69% |
| 31 March 2024 | 10.61% | 14.25% |
| 31 March 2025 | 2.43% | 3.98% |
| 31 March 2026 | 9.61% | 7.60% |
Key personnel
| Name | Position | Time in role |
|---|---|---|
| George Crosby | Chief Investment Officer | 2 years, 1 month |
| Matthew Mobbs | Head of Fixed Interest and Cash | 2 months |
| Max Lesser | Head of Equities | 2 years, 10 months |
| Paul Gregory | Head of Investment Partnerships | 2 years |