AMP Wealth Management New Zealand Limited
AMP International Shares Fund
AMP KiwiSaver SchemeAggressive
What the provider says about this fund
This is a single sector fund with exposure to a diversified international equities portfolio. The fund aims to achieve long term capital growth through exposure to equities of companies listed on stock exchanges around the world.
1-year return
14.95%
5-year return p.a.
9.88%
Total annual fee
0.85%
Fund size ($m)
53.4
Members
1,722
Inception date
28 July 2016
Risk indicator
The official Smart Investor risk indicator uses a scale from 1 to 7.
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Lower riskHigher risk
Investment mix
Growth assets
99.75%
Income assets
0.25%
| Asset class | Actual | Target | Average for Aggressive funds |
|---|---|---|---|
| Australasian shares | 0.00% | 0.00% | 28.28% |
| Cash and equivalents | 0.25% | 0.00% | 1.31% |
| Commodities | 0.00% | 0.00% | 0.09% |
| International bonds | 0.00% | 0.00% | 0.17% |
| International shares | 99.75% | 100.00% | 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 | NVIDIA Corp | Shares | International Equities | US | 5.48% |
| 2 | Apple Inc | Shares | International Equities | US | 4.84% |
| 3 | Microsoft Corp | Shares | International Equities | US | 3.30% |
| 4 | Amazon.Com Inc | Shares | International Equities | US | 2.69% |
| 5 | Alphabet Inc Class C | Shares | International Equities | US | 2.10% |
| 6 | Broadcom Inc | Shares | International Equities | US | 1.87% |
| 7 | Alphabet Inc Class A | Shares | International Equities | US | 1.76% |
| 8 | Meta Platforms Inc | Shares | International Equities | US | 1.44% |
| 9 | Tesla Inc | Shares | International Equities | US | 1.40% |
| 10 | Johnson & Johnson | Shares | International Equities | US | 1.14% |
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 2018 | 8.64% | 6.93% |
| 31 March 2019 | 4.86% | 9.96% |
| 31 March 2020 | -6.62% | -6.59% |
| 31 March 2021 | 35.50% | 35.19% |
| 31 March 2022 | 6.11% | 3.36% |
| 31 March 2023 | -5.19% | -4.50% |
| 31 March 2024 | 27.45% | 16.43% |
| 31 March 2025 | 8.68% | 4.58% |
| 31 March 2026 | 14.95% | 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 |