How our funds are managed

You're in good hands

As a member of the ANZ KiwiSaver Scheme or ANZ Default KiwiSaver Scheme, your retirement savings are managed by ANZ Investments, ANZ’s award-winning fund manager. ANZ Investments is the manager of the ANZ KiwiSaver Scheme and ANZ Default KiwiSaver Scheme.

ANZ Investments is a subsidiary of ANZ Bank New Zealand Limited.

View ANZ Investment’s full awards history and meet our investment team on the ANZ website.

How the funds are managed

The ANZ KiwiSaver Scheme and ANZ Default KiwiSaver Scheme are separate schemes and each offer six funds. All of the funds, and the 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). The aim of active management is for a fund to have better investment performance than a particular index or market. Passive management, by contrast, tries to accurately track a particular index or market.

Except for the Cash Fund, all of our funds invest in different types of assets. This means you spread your risks because our funds generally hold:

  • more than one type of asset
  • investments in many organisations
  • investments in multiple industries and countries.

Chances are that at any one time, some assets will do well even if others don’t.

You don’t need to decide what specific assets to invest in or how to diversify your investments. You choose between our Lifetimes option or from our six funds, and our experienced investment team will do the research and work for you.

For more information, see the guide and product disclosure statement for the KiwiSaver Scheme you belong to:

Responsible investing 

We’re committed to responsible investing because we believe it’s in the best long-term interests of our investors. Responsible investing is good for society, and it’s good for our investment portfolios too.
Our approach
When you invest with us, you can be confident your money is being invested responsibly. Here are some of the reasons why:
Sustainable Performance 1X Active Ownership 1X Guiding Principles 1X What We Dont Invest In 1X
Sustainable performance Active ownership Guiding principles What we don’t invest in
Our goal is to deliver sustainable performance in a sustainable way. When we assess investments we look at a range of both financial and non-financial criteria. We believe that environmental, social and governance factors are some of the drivers of long-term investment risks and returns.

We take an active, rather than passive, approach to managing your investments. This means we retain control of the investments we manage. We can act when necessary to ensure our investment funds meet, and continue to meet, our financial and non-financial criteria.


We are a signatory to the Principles for Responsible Investment (PRI), a United Nations supported framework which provides aspirational global criteria for responsible investing. As part of this, we are committed to reporting on our activities and progress towards implementing the principles.

We don’t invest in companies that are involved in manufacturing cluster munitions or anti-personnel landmines, manufacturing or testing nuclear weapons, and manufacturing tobacco products.




Find out more about our responsible investing approach

Fees and costs

We charge each member a monthly membership fee of $2. There is also an annual fund charge. The annual fund charge is calculated daily and will reduce a fund’s unit price. This fee will vary depending on your scheme and the fund your savings are invested in. For more information about the fees you’ll pay you can visit the ANZ website

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

 The fine print Hide
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Guide and PDS

ANZ KiwiSaver Scheme