We will deep dive into ANZ’s most recent performance and what it means to you and your KiwiSaver money. This will cover the major KiwiSaver schemes and give some insight on what it means going forward.
|
1 Year |
5 Years (p.a) |
Since Launch (p.a) |
Growth |
23.81% |
10.79% |
8.01% |
Balanced Growth |
18.74% |
9.33% |
7.54% |
Balanced |
14.16% |
7.77% |
6.96% |
Conservative Balanced |
9.91% |
6.24% |
6.31% |
Conservative |
5.35% |
4.63% |
5.54% |
Cash |
0.54% |
1.78% |
2.62% |
The above table shows the performance of ANZ’s KiwiSaver Funds since its launch. Over the past year, they have mostly shown good returns.
You can see how they compare with other providers or view a list of best KiwiSaver funds here.
ANZ has reported 5 trends that have affected this quarter's performance.
With New Zealand going back into Lock-down Level 4, it again has caused some panic on what Kiwis should do with their finances. Remember that the markets are unpredictable and requires mind over matter. Ask for financial guidance if you are unsure. ANZ has again reminded investors to stay aware of what's happening and gave some advice for the best course of action.
This includes:
Over this past year, ANZ’s Growth Fund has seen good returns of 23.81%. This has been the biggest return on investment throughout the lifetime of the Growth Fund.
For knowing where your money is going when you choose your scheme, ANZ provides their targets for what they intend to invest in. As seen below, the Growth Fund has a variety of diversification within it.
What does the fund invest in?
Top investments:
These companies also make up 1.56%, 1.40%, 1.29%, and 0.90% of the portfolio respectively. This gives you, as an investor, insight into what you are investing in.
Balanced growth is similar to the Growth Fund with their diversification strategy, with most assets within International equities. Their actual investments show more emphasis on Australian and International areas. This is again because of the overweight share markets overseas, which are showing promising results.
What does the fund invest in?
Top investments:
This time more reserved investments with 1.41%, 1.15%, 1.03%, and 0.74%. The investment scheme is still considered moderately volatile when compared to other investment schemes.
Just like the other investments this past year, the balanced fund has seen large returns since last year's Covid-19 crisis. With a return of 14.16% this last year and 7.77% over the past 5 years annually.
What does the fund invest in?
Top investment:
These companies are making up 1.22%, 0.85%, 0.83%, and 0.59% of the portfolio respectively.
As we see with the conservative balanced fund below, there is more being invested into New Zealand fixed interest, and cash and cash equivalents. This is why we see returns on this scheme of 9.91% for the past year.
What does the fund invest in?
Top investments include:
These investments make up 1.06%, 0.73%, 0.66%, and 0.61% of the portfolio respectively. With lower volatility and returns on average than the previous KiwiSaver Schemes.
This year, the conservative fund has seen a return on investment of 5.35%. Their actual investment mix leaned outside of their intended International fixed interest into the areas of investment, which may have hindered its performance compared to previous returns.
What does the fund invest in?
Top Investments:
These Investments make up 0.93%, 0.85%, 0.78%, and 0.73% of this fund's assets.
As the Cash has the lowest volatility out of the KiwiSaver schemes it is expected to get the lowest returns. This past year it has had a return of 0.54%. This is considerably low compared to previous years, but may see some rise once businesses that are opening up.
What does the fund invest in?
Top Investments:
These investments make up 2.77%, 2.68%, 2.60% and 2.37% of the fund’s net assets.