"Help me choose" makes a fund recommendation based on your answers to the risk and preference questions within the tool. It doesn't take into account your personal circumstances and so it is not financial advice. Speak to your financial adviser if you would like personalised financial advice.
Once you've been a member of KiwiSaver for 3 years you may be able to withdraw most of your savings to put towards purchasing your first home.
You can use up to the full balance of your KiwiSaver account except for:
KiwiSaver and NZRT are designed to help you save for retirement. You can generally take your KiwiSaver money out once you reach 65.
For NZRT, you can generally withdraw funds when you reach the retirement age in your booklet (usually 65) or when you leave your employer.
For both, early withdrawals are permitted in limited circumstances.
Different funds suit different investors, depending on how long you want to invest and your willingness to take investment risks to potentially receive higher long term returns.
Lower risk investments typically provide more consistent yet lower returns. A higher risk investment has the potential for higher returns over time, but with more ups and downs along the way and a greater possibility of a large negative return.
Volatility refers to the ups and downs in value that an asset can have. It is often mistakenly used interchangeably with 'risk'. Although the two are related, they are not the same. We might invest in a growth fund that has a lot of ups and downs (high volatility), but because we have a long time before we need our money (a long time horizon), there actually may be little chance (risk) of us not reaching our investment goals.
People have different preferences when it comes to choosing who looks after their investment. AMP offers a range of fund managers, so that people can invest in line with what's important to them.
The AMP KiwiSaver Scheme offers a range of funds from some of the best fund managers in New Zealand.
AMP is one of the few KiwiSaver providers that allow you to invest with more than one manager at the same time.
Note: Each brand typically offers one fund per investor category. If your selected brand results in no change to the recommendation, you may want to choose a different brand to spread fund manager risk.
The "Help me choose" tool is intended as a guide only, and results are based solely on your responses to the questions. Depending on your attitude to risk, the minimum suggested investment timeframe for a fund shown may differ from your own investment timeframe.
The information provided by the tool and on this website is of a general nature and does not constitute personalised financial advice. If you would like advice on the benefits of the AMP KiwiSaver Scheme in comparison to other schemes, or which takes your individual circumstances into account, we recommend that you seek professional or financial advice.
¹ Sustainably certified – this tool recommends funds offered within the AMP KiwiSaver scheme and New Zealand Retirement Trust that are certified by the Responsible Investment Association of Australasia (RIAA) as meeting the Australian and New Zealand standard for responsible investing. For more information talk to your adviser.