Amp KiwiSaver Scheme
AMP AGGRESSIVE FUND

Last 5 years average
returns

3.23% p.a.

Annual Fund Fees

0.8%

First Home Buyer - Claire

Claire's current KiwiSaver Balance : $40,000

Claire is 30 years old and is looking to buy her first home within the next few years. She earns $70,000 per year and needs $75,000 from her KiwiSaver account to pay towards a first home deposit. She is contributing 10% from her salary and her employer contributes 3%.

To check if this fund is appropriate for her, we first need to calculate how long it will take Claire to reach her deposit goal and then compare that to how her current KiwiSaver fund invests her money.

How the AMP AGGRESSIVE FUND invests Claire's money

88% Growth Assets
10% Income Assets
2% Cash

Other information

Number of members

28726

Date started

2007-10-01

Total Value of fund

663468563

More information can be found in the Product Disclosure Statement

This fund is an Aggressive Fund. While in theory, Claire should be able to reach her goal within 3-4 years with an Aggressive fund, it is not appropriate for her.

The expected volatility from an Aggressive fund means that her KiwiSaver balance could drop just as she is about to reach her goal. She could end up foregoing her first home dream by being too aggressive.

	AMP AGGRESSIVE FUND	Average of Growth Funds
KiwiSaver Balance Today	$23445.51	$25800
Annual Fund Fees	0.8%	1.01%
Asset allocation How this fund invests your money	88% Growth Assets 10% Income Assets 2% Cash	80% Growth Assets 16% Income Assets 4% Cash

AMP AGGRESSIVE FUND(AMP) vs Average of Growth Funds(AVG)

KiwiSaver Balance Today

AMP$23445.51

AVG$

Annual Fund Fees

AMP0.8%

AVG%

Membership Fee

AMP$23 per year

AVG$30 per year

FundSource Rating

AMP n/a

AVG n/a

Asset allocation

How this fund invests your money

AMP

88% Growth Assets
10% Income Assets
2% Cash

AVG

80% Growth Assets
16% Income Assets
4% Cash

But how do I decide which Fund is best for me?

As in Claire’s example above, it depends on a combination of factors such as how long it will take you to reach your goal, your current contribution rates, and the flexibility of your time frame.

National Capital can help you calculate this and give you advice on which KiwiSaver fund is most suited for your personal circumstances.

Why use National Capital for First Home KiwiSaver Advice?

Time Frame:How long will it take you to reach your goal under different circumstances?
Volatility Tolerance:We check how comfortable you will be with investing and volatility?
Volatility Capacity:We determine what your capacity to endure the ups and downs of the market is.
Expertise:Our team specialise in Investment and KiwiSaver research.
Gift of Time:We do the hard work, so you can focus on life.
No Cost:Our service is at no cost to you. We are paid by the KiwiSaver providers.

Want us to recommend the best KiwiSaver fund for your First Home goals?

IMPORTANT

This page does not contain financial advice, only information. If you want personal financial advice on which KiwiSaver fund is suitable for you, please submit the KiwiSaver HealthCheck. Past performance is not necessarily indicative of future performance. Click here for an explanation of the calculations and sources used for the data on this page. Data is current as of quarter ended Mar 2023.

Amp KiwiSaver Scheme AMP AGGRESSIVE FUND

Last 5 years average returns

Annual Fund Fees

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Amp KiwiSaver Scheme
AMP AGGRESSIVE FUND

Last 5 years average
returns