AMP Wealth Management New Zealand Limited
AMP Australasian Shares Fund
AMP KiwiSaver SchemeAggressive
What the provider says about this fund
This is a single sector fund with exposure to equity securities of companies that are listed on the NZ and Australian stock exchange. The fund aims to achieve long term capital growth through exposure to shares of companies listed in New Zealand and Australia.
1-year return
4.81%
5-year return p.a.
1.33%
Total annual fee
0.83%
Fund size ($m)
7.6
Members
426
Inception date
28 July 2016
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
100.00%
Income assets
0.00%
| Asset class | Actual | Target | Average for Aggressive funds |
|---|---|---|---|
| Australasian shares | 100.00% | 100.00% | 28.28% |
| Cash and equivalents | 0.00% | 0.00% | 1.31% |
| Commodities | 0.00% | 0.00% | 0.09% |
| International bonds | 0.00% | 0.00% | 0.17% |
| International shares | 0.00% | 0.00% | 59.89% |
| Listed property | 0.00% | 0.00% | 8.08% |
| New Zealand bonds | 0.00% | 0.00% | 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 | Fisher & Paykel Healthcare Corporation Limited | Shares | Australasian Equities | NZ | 15.15% |
| 2 | Auckland International Airport Limited | Shares | Australasian Equities | NZ | 9.58% |
| 3 | Infratil Limited | Shares | Australasian Equities | NZ | 8.02% |
| 4 | Contact Energy Limited | Shares | Australasian Equities | NZ | 6.29% |
| 5 | The A2 Milk Company Limited | Shares | Australasian Equities | NZ | 5.86% |
| 6 | Meridian Energy Limited | Shares | Australasian Equities | NZ | 5.17% |
| 7 | Mainfreight Limited | Shares | Australasian Equities | NZ | 3.49% |
| 8 | Mercury NZ Limited | Shares | Australasian Equities | NZ | 3.26% |
| 9 | Ebos Group Limited | Shares | Australasian Equities | NZ | 3.16% |
| 10 | Chorus Ltd | Shares | Australasian Equities | NZ | 2.86% |
Fees
0.83% 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 | 0.06% | $18 | 0.08% |
| Membership fees | 0.08% | $23 | 0.05% |
| Total combined fees | 0.83% | $248 | 0.85% |
Yearly returns
| Year ending | Fund return | Average for Aggressive funds |
|---|---|---|
| 31 March 2018 | 6.28% | 6.93% |
| 31 March 2019 | 12.53% | 9.96% |
| 31 March 2020 | -6.63% | -6.59% |
| 31 March 2021 | 31.19% | 35.19% |
| 31 March 2022 | -1.14% | 3.36% |
| 31 March 2023 | -3.62% | -4.50% |
| 31 March 2024 | 5.43% | 16.43% |
| 31 March 2025 | 1.46% | 4.58% |
| 31 March 2026 | 4.81% | 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 |