The money in your AMP KiwiSaver Scheme account is invested for you by a team of experienced investment professionals (fund managers). You have options when it comes to choosing which funds your savings are invested in.
Each fund suits different investors; depending on how long you want to invest for and your willingness to take investment risks to potentially receive higher returns in the long term.
Changing funds because of market fluctuations?
During a market drop, it can be tempting to change to a lower risk KiwiSaver fund, but this isn’t always the best idea. No matter what is happening in the market, it’s important to be in a fund which suits your needs. Here are a few things to consider before you change funds:
- Balances and unit prices available to you today may be up to 3 business days old
- Once the fund change is accepted, transactions may take up to 3 business days to process
- The change will be processed at the unit price available on the date of processing. This might be different to the unit price you see today
If the market goes up or down while you are in the process of changing funds, your balance may also go up or down.
Important informationShow more
AMP Wealth Management New Zealand Limited is the issuer and manager of the AMP KiwiSaver Scheme (the 'Scheme'). The Supervisor of the Scheme is The New Zealand Guardian Trust Company Limited.