Compare our funds

Compare our seven funds and their key features at a glance.

How does your fund choice affect your returns?

Each of the ANZ-managed KiwiSaver schemes have seven different funds, so you can choose how your savings are invested.

It’s important to note 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.

Choosing a fund

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

Our funds

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

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


High Growth Fund

Minimum suggested investment timeframe

9 years

Investment mix:

  • 95% growth assets
  • 5% income assets

Annual fund charge:

  • 1.03%

Lifetimes option:

  • Not currently part of the Lifetimes option

Growth Fund

Minimum suggested investment timeframe

7 years

Investment mix:

  • 80% growth assets
  • 20% income assets

Annual fund charge:

  • 1.03%  

Lifetimes option age range:

  • 0-35

Balanced Growth Fund

Minimum suggested investment timeframe

6 years

Investment mix:

  • 65% growth assets
  • 35% income assets

Annual fund charge:

  • 0.98% 

Lifetimes option age range:

  • 36-45

Balanced Fund

Minimum suggested investment timeframe

5 years

Investment mix:

  • 50% growth assets
  • 50% income assets

Annual fund charge:

  • 0.93%  

Lifetimes option age range:

  • 46-55

Conservative Fund

Minimum suggested investment timeframe

4 years

Investment mix:

  • 20% growth assets
  • 80% income assets

Annual fund charge:

  • 0.64%  

Lifetimes option age range:

  • 61-64

Cash Fund

Minimum suggested investment timeframe

No minimum

Investment mix:

  • 100% income assets  

Annual fund charge:

  • 0.26%

Lifetimes option age range:

65+

Need help? Find out your risk profile

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


From overseas: +64 9 356 4000

Changing funds

There are three ways to change the fund your savings are invested in:


Guide to your KiwiSaver account in ANZ Internet Banking

Find step-by-step instructions on how to change funds in Internet Banking.


Important information

ANZ New Zealand Investments Limited (‘ANZ Investments’) is the issuer and manager of the ANZ KiwiSaver Scheme. Important information, including the guide and product disclosure statement is available on KiwiSaver rates, fees and agreements

ANZ Investments is also the issuer and manager of the ANZ Default KiwiSaver Scheme. The scheme is no longer a default scheme and is closed to new members. Important information about the ANZ Default KiwiSaver Scheme is available on KiwiSaver rates, fees and agreements and by searching ‘ANZ Default KiwiSaver Scheme’ on the Companies Office’s Disclose Register

ANZ Investments is also the issuer and manager of the OneAnswer KiwiSaver Scheme.

ANZ Investments is not an authorised deposit-taking institution under Australian law and investments in the schemes are not deposits in or liabilities of ANZ Bank New Zealand Limited, Australia and New Zealand Banking Group Limited or their subsidiaries (together ‘ANZ Group’). ANZ Group does not stand behind or guarantee ANZ Investments. Investments in the schemes are subject to investment risk, including possible delays in repayment, and loss of income and principal invested. ANZ Group will not be liable to you for the capital value or performance of your investment.

This material is for information purposes only. We recommend seeking financial advice about your situation and goals before getting a financial product. To talk to one of our team at ANZ, please call 0800 736 034. For more information about ANZ’s financial advice service or to view our financial advice provider disclosure statement see anz.co.nz/fapdisclosure

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