Choose our Lifetimes option or from our funds

The ANZ KiwiSaver Scheme and ANZ Default KiwiSaver Scheme both have six funds. You can choose between the funds by:

  • selecting our Lifetimes option where your savings are moved through the six funds based on your age
  • selecting from one of our six funds yourself.

About our Lifetimes option

Our Lifetimes option is not a separate fund. When you select the Lifetimes option, at any one time your savings are invested in one of our six funds based on your age.

As you get older and reach the next age range, we move your savings to a different fund (as shown below). For example, during the month you turn 46 we will switch you from the Balanced Growth Fund to the Balanced Fund.  We keep doing this until you turn 65, when your savings stay invested in the Cash Fund until you withdraw them. You can switch in or out of the Lifetimes option at any time.

Age Fund
0 - 35  Growth 
36 - 45 Balanced Growth
46 - 55 Balanced 
56 - 60 Conservative Balanced
61 - 64 Conservative 
65 +  Cash 

 

The key benefit is that you’re always invested in a fund that has levels of risk and expected returns that are considered appropriate for an average person of your age.

Find out more about our Lifetimes option. 

Our funds

Types of assets

Our funds invest in a variety of asset classes, including cash and cash equivalents, fixed interest, equities and listed property. They may also invest in alternative assets.

The main asset classes can be grouped into two categories, as shown below.

Income and growth assets_Nov-16

Different asset classes have different levels of risk and return

Growth assets are likely to experience larger movements in value compared to income assets. However, they are also expected to achieve higher investment returns over the long term. This concept is the 'risk/return' relationship.

We offer a range of funds that invest in a different mix of growth assets and income assets. Depending on the mix of assets, each fund has a different risk/return profile.

If you're seeking:

  • higher returns, you need to be willing to accept more risk (for example, by investing in a fund with more growth assets)
  • lower risk, you need to be willing to accept lower returns (for example, by investing in a fund with more income assets).

Growth Fund

Invests mainly in growth assets (equities and listed property), with a smaller exposure to income assets (cash and cash equivalents and fixed interest). The fund may also invest in alternative assets.

Growth Fund TIM_Nov16

  

Balanced Growth Fund

Invests mainly in growth assets (equities and listed property), with some exposure to income assets (cash and cash equivalents and fixed interest). The fund may also invest in alternative assets..

Balanced Growth Fund TIM_Nov16

 

Our funds continued...

Balanced Fund

Invests in similar amounts of income assets (cash and cash equivalents and fixed interest) and growth assets (equities and listed property). The fund may also invest in alternative assets.

Balanced Fund TIM_Nov16

 

Conservative Balanced Fund

Invests mainly in income assets (cash and cash equivalents and fixed interest), with some exposure to growth assets (equities and listed property). The fund may also invest in alternative assets.

Conservative Balanced Fund TIM_Nov16

 

Conservative Fund

Invests mainly in income assets (cash and cash equivalents and fixed interest), with a smaller exposure to growth assets (equities and listed property). The fund may also invest in alternative assets.

Conservative Balanced Fund TIM_Nov16

 

There are some differences in the way we manage the Conservative Funds within the ANZ KiwiSaver Scheme and the ANZ Default KiwiSaver Scheme. All of our funds, and underlying funds they invest in, are actively managed except for the underlying fund for international share assets for the ANZ Default KiwiSaver Scheme Conservative Fund (which is passively managed).

For more information please see the guide and product disclosure statement relevant to the scheme you belong to.

Cash Fund

Invests mainly in cash and cash equivalents. Investments may include cash and cash equivalents issued by the New Zealand Government, New Zealand-registered banks, corporations and local authorities..

Cash Fund TIM_Nov16

 

Need help?

If  you want help choosing from our funds, you can:

  • complete the ‘Risk Profile Tool’ to identify your risk/return profile and which fund might be right for you
  • seek personalised financial advice from a financial adviser.

Not sure which KiwiSaver scheme you're in? Find out how you can check. 

 

You can change your choice at any time

Find out how to change funds.

 The fine print Hide
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Guide and PDS

ANZ KiwiSaver Scheme