The personal rate of return calculates your investment returns as a percentage. It takes the opening and closing balances of your account and factors in cash flows such as contributions and withdrawals. The closing balance for the period uses a money-weighted return methodology. The PRR is calculated for approximately the last 12 months’ period. The exact date range is shown in your My AMP account. The PRR is net of fees and gross of tax. The returns may be higher or lower than the returns stated in the AMP Quarterly Fund Updates, which are gross of fees or tax and do not take into account the timing of when the customer made a deposit or a withdrawal (i.e. they are not personalized).
To calculate the PRR we used money-weighted return methodology. The Money-Weighted Return measures the impact of money flows in or out of the member account, as well as the performance of the investments in the member account. The Money-Weighted return is calculated from the beginning and ending value of the portfolio and from the amount and timing of the external cash flows.
- Your PRR is calculated for the last 12 months’ period approximately. The exact date range will be shown in My AMP. When comparing the PRR to the returns published on the website, you should look for the corresponding returns for those dates.
- PRR is based on the performance, timing and value of your investment (cash flows) invested. It is also calculated based on transactions within your account excluding fees and premiums.
- The PRR is before tax charges but after fees.
- If a member has multiple funds the PRR is taking into account the relevant proportion of each fund performance.
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.