Using the most recent returns and fund update reports from May 2022, We will be examining AMP KiwiSaver Performance by taking a look at the latest news, information, fees, fund investments, and data, such as fund performance and returns.
AMP Investment Management was established in 1849, and its KiwiSaver Scheme is one of the biggest in New Zealand. They are distinct from many other providers in that they feature funds from other managers in addition to their own. As a result, a customer might use AMP to invest in an ANZ or ASB KiwiSaver fund.
During the first week of May, a global sell-off commenced, led by U.S. technology firms, which recorded their largest one-day fall since June 2020. Investors across the world are frightened by high inflation and rising interest rates after the US Federal Reserve’s decision to increase interest rates by 0.50% compared to its prior projection, putting pressure on other central banks around the world to perform aggressive hikes to combat inflation.
Table of Contents
Performance of AMP KiwiSaver Funds
AMP Conservative Fund
AMP Moderate Fund
AMP Balanced Fund
AMP Growth Fund
AMP Aggressive Fund
Performance of AMP KiwiSaver Funds
|
1 month |
6 months |
1 year |
5 years |
10 years |
|
|
Conservative |
-0.83% |
-3.61% |
-2.09% |
3.02% |
4.10% |
|
Moderate |
-0.57% |
-3.69% |
-1.35% |
4.00% |
5.07% |
|
Balanced |
-0.12% |
-3.49% |
0.19% |
5.72% |
6.73% |
|
Growth |
0.43% |
-3.13% |
1.94% |
7.32% |
8.10% |
|
Aggressive |
0.67% |
-2.99% |
2.70% |
7.86% |
8.77% |
*Sourced from AMP fund performance report*
These returns are to 31 March 2022 and are before tax and after fund management fees. Past performance is not necessarily an indicator of future performance, and return periods may differ.
Note: The following information is sourced from AMP Quarterly Fund updates published on 3 May 2022.
AMP Conservative Fund
The AMP Conservative Fund aims to provide exposure to a portfolio of lower-risk income assets with a conservative allocation to growth assets. Therefore, the objective is to provide modest to medium returns. The Conservative Fund has a 1-month return of -0.83% and a 1-year return of -2.09% lower than the 10-years return of 4.10%.
*The following is Sourced from AMP Conservative Fund Update
Returns
Fees
The total annual fees for investors in the AMP Conservative Fund are 1.01% per year.
Investment mix
The investment mix shows the type of assets that the fund invests into.
Top ten investments
This table shows AMP’s top 10 investments in the Conservative Fund, which make up 23.66% of the fund.
AMP Moderate Fund
The AMP Moderate Fund aims to provide exposure to a portfolio of lower-risk income assets with a moderate allocation to growth assets. Therefore, the objective is to provide modest to medium returns. The Moderate Fund has a 1-month return of -0.57% and a 1-year return of -1.35% lower than the 10-years return of 5.07%.
*The following is Sourced from AMP Moderate Fund Update
Returns
Fees
The total annual fees for investors in the AMP Moderate Fund are 1.12% per year.
Investment mix
The investment mix shows the type of assets that the fund invests into.
Top ten investments
This table shows AMP’s top 10 investments in the Moderate Fund, which make up 20.26% of the fund.
AMP Balanced Fund
The AMP Balanced Fund aims to provide exposure to a portfolio of growth assets and an allocation to lower-risk income assets. Therefore, the objective is to provide medium returns. The Balanced Fund has a 1-month return of -0.12% and a 1-year return of 0.19% lower than the 10-years return of 6.73%.
*The following is Sourced from AMP Balanced Fund Update
Returns
Fees
The total annual fees for investors in the AMP Balanced Fund are 1.20% per year.
Investment mix
The investment mix shows the type of assets that the fund invests into.
Top ten investments
This table shows AMP’s top 10 investments in the Balanced Fund, which make up 16.41% of the fund.
AMP Growth Fund
The AMP Growth Fund aims to provide exposure to a portfolio of growth assets diversified with a lower allocation to lower-risk income assets. Therefore, the objective is to provide medium to high returns. The Growth Fund has a 1-month return of 0.43% and a 1-year return of 1.94% lower than the 10-years return of 8.10%.
*The following is Sourced from AMP Growth Fund Update
Returns
Fees
The total annual fees for investors in the AMP Growth Fund are 1.23% per year.
Investment mix
The investment mix shows the type of assets that the fund invests into.
Top ten investments
This table shows AMP’s top 10 investments in the Growth Fund, which make up 14.05% of the fund.
AMP Aggressive Fund
The AMP Aggressive Fund aims to provide exposure to a portfolio of growth assets with a low allocation to income assets. Therefore, the objective is to provide high returns. The Aggressive Fund has a 1-month return of 0.43% and a 1-year return of 1.94% lower than the 10-years return of 8.10%.
*The following is Sourced from AMP Aggressive Fund Update
Returns
Fees
The total annual fees for investors in the AMP Aggressive Fund are 1.35% per year.
Investment mix
The investment mix shows the type of assets that the fund invests into.
Top ten investments
This table shows AMP’s top 10 investments in the Aggressive Fund, which make up 15.75% of the fund.
Data for AMP KiwiSaver funds have been sourced from AMP KiwiSaver Funds. Past performance is not necessarily an indicator of future performance, and return periods may differ.
To see if AMP has the appropriate fund that aligns with your values, retirement goals, and situation, complete National Capital’s KiwiSaver Healthcheck.