ANZ KiwiSaver Performance - June 2022
Using the most recent returns and fund update reports from 30 June 2022, we will examine ANZ’s recent KiwiSaver Performance.
Australia and New Zealand bank (ANZ) was established in 1835, and the ANZ KiwiSaver funds have performed relatively well compared to the market average. The balanced, conservative, and growth funds have generated returns of 4.54%, 5.72% and 6.59%, respectively, since their inception date in October 2007. Statistics show that the ANZ KiwiSaver scheme still holds the largest number of members, with 581,054 as of 31 March 2022.
In recent months, the coronavirus pandemic has started to ease, allowing New Zealand borders to entirely re-open. However, the negative impacts of the pandemic have had a significant influence on the New Zealand economy. New Zealand citizens have had a drastic increase in the cost of living as the quarterly inflation rate was 1.7%, with an annual inflation rate of 7.3%. Also, the official cash rate (OCR) was raised a further 50 basis points in May, taking the total OCR to 2.0%. Therefore, these societal contemporary issues have majorly affected ANZ KiwiSaver performance.
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
In recent news, ANZ has reported some positive statistics. Including, a 1% increase of net profit after tax (NPAT) of $968 million, this being for the six months to 31 March 2022 compared with the same period last year. Also, ANZ Bank of New Zealand CEO, Antonia Watson has stated that ANZ NZ’s home loans market share has increased from 30.38% in September 2021 to 30.66% in March 2022. ANZ KiwiSaver funds under management significantly decreased from $19.1 billion to $18.5 billion, totalling $665 million overall.
|
1-Month |
3-Month |
1-Year |
3-Year |
5-Year |
Since Inception |
|
|
Cash |
0.36% |
0.84% |
1.03% |
1.52% |
2.23% |
2.51% |
|
Conservative |
-5.37% |
-7.94% |
0.74% |
2.42% |
4.26% |
4.54% |
|
Conservative Balanced |
-6.71% |
-8.62% |
1.81% |
3.54% |
5.74% |
5.19% |
|
Balanced |
-7.96% |
-9.40% |
2.67% |
4.51% |
7.12% |
5.72% |
|
Balanced Growth |
-9.19% |
-9.93% |
3.62% |
5.53% |
8.53% |
6.21% |
|
Growth |
-10.30% |
-10.52% |
4.53% |
6.47% |
9.84% |
6.59% |
Sourced from ANZ fund performance report.
* These returns are to 30 June 2022 (date of returns) 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 Date published 30 June 2022.
The Cash Fund invests mainly in cash and cash equivalents, including investments issued by New Zealand-registered banks, the New Zealand Government, corporate or local authorities, and non-New Zealand governments. The Fund aims to achieve a yearly return aligned with the relevant market index. The Cash Fund has had a 3-months return of 0.84%, a 1-year return of 1.03% and a five-year return of 2.23%.
*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 comprise 25.22% of the fund.
The Conservative Fund invests mainly in income assets (cash and cash equivalents and fixed interest) with a smaller proportion of growth assets (equities, listed property and listed infrastructure). This fund might be suitable for investors with low volatility. The Conservative Fund has had a 3-months return of -7.94%, 1-year return of 0.74%, and a five-year return of 4.26%.
*The following is Sourced from ANZ Conservative Fund Update.
Returns
Fees
The total annual fees for investors in the ANZ Conservative Fund are 0.72% 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 Conservative KiwiSaver Fund, which comprise 8.69% of the fund.
The Conservative Fund invests mainly in income assets (cash and cash equivalents and fixed interest), with some proportion of growth assets (equities, listed property and listed infrastructure). This Fund is intended for investors with low volatility. The Conservative Balanced Fund has had a 3-months return of -6.71%, 1-year return of -8.62% and a five-year return of 3.54%.
*The following is Sourced from ANZ Moderate Fund Update.
Returns
Fees
The total annual fees for investors in the ANZ Moderate Fund are 0.82% 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 Moderate KiwiSaver Fund, which comprise 7.98% of the fund.
The Balanced Fund invests in a similar proportion of income assets (cash and cash equivalents and fixed interest) and growth assets (equities, listed property and listed infrastructure). This fund is intended for investors with balanced volatility tolerance. The Balanced Fund has had a 3-months return of -7.96%, 1-year return of -9.40% and a five-year return of 4.51%.
*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 comprise 8.13% of the fund.
The Balanced Growth Fund invests primarily in growth assets (equities, listed property and listed infrastructure), with some proportion of income assets (cash and cash equivalents and fixed interest). This fund is intended for investors with higher volatility tolerance than balanced but lower than growth. The Balanced Growth Fund has had a 3-months return of -9.19%, a 1-year return of -9.93% and a five-year return of 5.53%.
*The following is Sourced from ANZ Growth Fund Update.
Returns
Fees
The total annual fees for investors in the ANZ 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 Growth KiwiSaver Fund, which comprise 7.90% of the fund.
The Growth Fund invests primarily in growth assets (equities, listed property and listed infrastructure), with a smaller proportion of income assets (cash and cash equivalents and fixed interest). This fund is aimed at investors with high volatility tolerance as this is the highest volatility fund from ANZ KiwiSaver. The Growth Fund has had a 3-months return of -10.30%, a 1-year return of -10.52% and a five-year return of 6.47%.
*The following is Sourced from ANZ Aggressive Fund Update.
Returns
Fees
The total annual fees for investors in the ANZ Aggressive 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 Aggressive KiwiSaver Fund, which comprise 10.17% of the fund.
Data for ANZ KiwiSaver funds have 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.