Using the most recent returns and fund update reports from September 2021, we will examine ANZ’s recent KiwiSaver Performance.
ANZ was established in New Zealand in 1840, making it New Zealand’s oldest bank. ANZ serves more than 5 million customers, managing six funds under its OneAnswer KiwiSaver scheme with a total Assets Under Management of more than $10 billion and 592,230 members in the funds.
Despite the negative returns on many funds in September and October due to a slowing global economy, worsening supply chain, and the potential Evergrande bankruptcy in China dented investor sentiment. There is a more positive outlook from November and December, with returns being more positive with the ending of lockdown and the markets readjusting after Covid.
Table of Contents
News about ANZ
Performance of ANZ KiwiSaver Funds
ANZ Cash Fund
ANZ Conservative Fund
ANZ Conservative Balanced Fund
ANZ Balanced Fund
ANZ Balanced Growth Fund
ANZ Growth Fund
News about ANZ
ANZ’s funds have removed the membership fee from all of their funds as of the 30th of September 2021 and ANZ Investments will also reduce the management fees of the Conservative Funds. This means ANZ Investments has reduced the total fund fee for the ANZ KiwiSaver Scheme by approximately 25% since 2009.
Performance of ANZ KiwiSaver Funds
|
3 months |
1 year |
3 years |
5 years |
10 years |
Since Inception |
|
|
Cash |
0.19% |
0.54% |
1.23% |
1.64% |
2.32% |
2.56% |
|
Conservative |
1.15% |
2.55% |
6.23% |
5.01% |
5.63% |
5.40% |
|
Conservative Balanced |
2.00% |
5.79% |
8.77% |
6.76% |
7.39% |
6.22% |
|
Balanced |
2.77% |
8.73% |
11.11% |
8.40% |
9.05% |
6.92% |
|
Balanced Growth |
3.71% |
12.09% |
13.54% |
10.09% |
10.74% |
7.56% |
|
Growth |
4.55% |
15.59% |
15.92% |
11.69% |
12.33% |
8.08% |
|
3 months |
1 year |
3 years |
5 years |
10 years |
Since Inception |
|
|
Cash |
0.19% |
0.54% |
1.23% |
1.64% |
2.32% |
2.56% |
|
Conservative |
1.15% |
2.55% |
6.23% |
5.01% |
5.63% |
5.40% |
|
Conservative Balanced |
2.00% |
5.79% |
8.77% |
6.76% |
7.39% |
6.22% |
|
Balanced |
2.77% |
8.73% |
11.11% |
8.40% |
9.05% |
6.92% |
|
Balanced Growth |
3.71% |
12.09% |
13.54% |
10.09% |
10.74% |
7.56% |
|
Growth |
4.55% |
15.59% |
15.92% |
11.69% |
12.33% |
8.08% |
Sourced from ANZ fund performance report
* These returns are to the 31st of December 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 ANZ Quarterly Fund updates published on the 28th of October.
ANZ Cash Fund
The Cash Fund invests mainly in cash and cash equivalents. The Cash Fund aims to achieve a yearly return in line with the relevant market index over the long term. The Cash Fund has had a 3-month return of 0.19%, a 1-year return of 0.54% and a since inception return of 2.56%.
*The following is Sourced from ANZ Cash Fund Update
Returns
Fees
The total annual fees for investors in the ANZ Cash fund are 0.23% per year.
Investment mix
The investment mix is 100% cash and cash equivalents due to being a cash fund.
Top ten investments
This table shows ANZ’s top 10 investments in the Cash KiwiSaver fund, which make up 17.33% of the fund.
ANZ Conservative Fund
The Conservative Fund invests mainly in income assets (cash and cash equivalents and fixed interest), with a minor exposure to growth assets (equities, listed property and listed infrastructure). The fund is intended for investors with low volatility and has similar returns. The Conservative Fund has had a 3-month return of 1.15% and a 1-year return of 2.55% lower than the since inception return of 5.40%.
*The following is Sourced from ANZ Conservative Fund Update
Returns
Fees
The total annual fees for investors in the ANZ Conservative fund are 0.61% per year because the manager’s basic fee has been changed from 0.78% to 0.56%.
Investment mix
The investment mix shows the type of assets that the fund invests into.
Top ten investments
This table shows ANZ’s top 10 investments in the Conservative KiwiSaver fund, which make up 6.62% of the fund.
ANZ Conservative Balanced Fund
The Fund invests like the Conservative Fund, focusing on income assets (cash and cash equivalents and fixed interest), with some exposure to growth assets and is aimed at investors with low volatility. The Fund has had a 3-month return of 2.00%, a 1-year return of 5.79% and a since inception return of 6.22%.
*The following is Sourced from ANZ Conservative Balanced Fund Update
Returns
Fees
The total annual fees for investors in the ANZ Conservative Balanced fund are 0.75% per year because the manager’s basic fee has been changed from 0.85% to 0.70%.
Investment mix
The investment mix shows the type of assets that the fund invests into.
Top ten investments
This table shows ANZ’s top 10 investments in the Conservative Balanced KiwiSaver fund, which make up 6.15% of the fund.
ANZ Balanced Fund
The Balanced Fund invests in similar amounts of income and growth assets and targets investors with a balanced volatility tolerance. The Fund has had a 3-month return of 2.77% and a 1-year return of 8.73% above the since inception return of 6.92%.
*The following is Sourced from ANZ Balanced Fund Update
Returns
Fees
The total annual fees for investors in the ANZ Balanced fund are 0.95% per year.
Investment mix
The investment mix shows the type of assets that the fund invests into.
Top ten investments
This table shows ANZ’s top 10 investments in the Balanced KiwiSaver fund, which make up 6.67% of the fund.
ANZ Balanced Growth Fund
The Balanced Growth Fund invests similarly to the Balanced Fund with a bigger focus on growth assets, with exposure to income assets. This fund is for investors with a higher than balanced volatility but lower than growth. The Fund has had a 3-month return of 3.71% and a 1-year return of 12.09%, higher than the since inception return of 7.56%.
*The following is Sourced from ANZ Balanced Growth Fund Update
Returns
Fees
The total annual fees for investors in the ANZ Balanced Growth fund are 1.00% per year.
Investment mix
The investment mix shows the type of assets that the fund invests into.
Top ten investments
This table shows ANZ’s top 10 investments in the Balanced Growth KiwiSaver fund, which make up 8.02% of the fund.
ANZ Growth Fund
The Growth Fund invests mainly in growth assets (equities, listed property and listed infrastructure), with a smaller exposure to income assets. The fund is intended for KiwiSaver investors with growth volatility and is the diversified fund with the highest volatility available for ANZ KiwiSaver. The Fund has had a 3-month return of 4.55% and a 1-year return of 15.59%, significantly higher than the since inception return of 8.08%.
*The following is Sourced from ANZ Growth Fund Update
Returns
Fees
The total annual fees for investors in the ANZ Growth fund are 1.05% per year.
Investment mix
The investment mix shows the type of assets that the fund invests into.
Top ten investments
This table shows ANZ’s top 10 investments in the Growth KiwiSaver fund, which make up 9.95% of the fund.
Data for ANZ KiwiSaver funds has been sourced from ANZ KiwiSaver Funds. Past performance is not necessarily an indicator of future performance, and return periods may differ.
To see if ANZ has the appropriate fund that aligns with your values, retirement goals and situation, complete National Capital’s KiwiSaver Healthcheck.