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AMP Managed Funds


Save for your next big thing with AMP Managed Funds. The simple, easy and smart way to make your money work hard for you.

Only available with MyAMP^

An easy way to invest and still have access to your money

 
Saving up for something special or just looking to put your savings to work? 
AMP Managed Funds might be the way to go.

Helping you to achieve your financial goals


AMP Managed Funds is an easy, low-cost way to invest and a great opportunity to make your money work hard for you. With no minimum investment and no fixed term, now is the time to invest a little more in your future.

With AMP Managed Funds you get the benefit of flexibility and control.
- Sign up and manage your account online at any time
- No minimum investment
- Match your savings goal to a fund
- Withdraw your money when you need it
- A low fee of 0.8% per year*

Let's get started

Step 1


Sign up to AMP Managed Funds through MyAMP Online. Don’t have MyAMP? Register here.

Step 2


Choose from three funds to suit your investment goals. Manage, contribute and keep track of it all in MyAMP.

Step 3


Make investing easy by setting regular or one-off payments directly into your account.

Our Funds

 
AMP Managed Funds launched in May 2022.
We offer three sustainably invested, low-cost funds to suit your investment goals, risk appetite and timeframe.
 

Fund type:

View All
Conservative
Balanced
Growth
Aggressive

Sort by:

Low fees
High returns
Fees (% p.a. est.)*
Returns (since inception)*
AMP Balanced Managed Fund
The fund aims to achieve medium returns, in exchange there will be some movements up and down in the value of your investments.
0.80%
1.52%
Fees (% p.a. est.)* 0.80%
Returns (since inception)* 1.52%
AMP Conservative Managed Fund
The fund aims to achieve modest to medium returns, in exchange there may be small up and down movements in the value of your balance.
0.79%
1.18%
Fees (% p.a. est.)* 0.79%
Returns (since inception)* 1.18%
AMP Growth Managed Fund
The fund aims to achieve medium to high returns, to do that there will be some moderate to big ups and downs in the value of your balance.
0.80%
2.64%
Fees (% p.a. est.)* 0.80%
Returns (since inception)* 2.64%
*Fees and Returns
Returns are since 18 May 2022 and are after total fund charges and before tax. The returns are as at 31 July 2022. Past performance is not indicative of future performance. For more information about fees go to “How much does it cost?” in the FAQs.

Frequently-asked questions

What is a Managed Fund?

Managed Funds are an investment option to help you save.

In a managed fund your money is pooled with other investors’ money and generally spread across different kinds of investments. A fund manager chooses the investments, and each investor owns a portion of the total fund.

Unlike a term deposit, a managed fund doesn’t provide a fixed rate of return over a period. This means your return can vary from year to year, and there’s also the risk you could receive less back than what you originally invested.

How much does it cost?

There’s an estimated annual fund charge (fee) of 0.79% or 0.80% per annum, depending on the fund selected, and that’s it.

The fee is expressed as a percentage of the net asset value and has two parts:
* a fixed management fee (0.74%), and
* costs and expenses (estimated at 0.05% or 0.06%, depending on the fund selected).

Example: 
Sam invests $10,000 in the AMP Growth Managed Fund at the start of the year and remains an investor at the end of the year. If her balance stays the same, estimated annual fund charges for the year will be about $80 (0.80% of $10,000) for the year. These fees might be more or less if her account balance increased or decreased over the year.  

You can find out more about fees in the AMP Managed Funds Product Disclosure Statement and the Fees and Other Charges document.

What funds are available?

We have three options to suit investors who have different investment timeframes, investment goals and attitudes to risk: Conservative, Balanced, or Growth. 

Who can invest in AMP Managed Funds?

Currently only existing AMP KiwSaver and NZRT members can invest in our managed funds.

These existing members must be age 18 or over, and living in (or normally living in) New Zealand, and either a New Zealand citizen or entitled to live in New Zealand indefinitely.

How do I invest in AMP Managed Funds?

You can invest via our MyAMP portal or app; log in here. If you haven't used it before, you can register here.
Note: currently only AMP KiwiSaver Scheme and NZRT customers can invest in AMP Managed Funds.

Once you are logged into MyAMP you will see 'AMP Managed Funds' listed. Click the ‘Open/Apply” button beside it.

To invest you’ll need your bank account details, your IRD number, and either your NZ driver licence or NZ passport. The secure ID service we use is called greenID.

Can I open an AMP Managed Funds account with my partner, child or family trust?

No, we currently only offer AMP Managed Funds to individual investors.

Can I sign up in the MyAMP app?

Not yet.
At the moment you can only sign up with MyAMP Online.

How does my AMP Managed Fund balance get calculated?

Your investment fund balance =
Your Contributions   +/- returns   - fees   +/- taxes   - withdrawals

How will my investment be taxed?

The amount of tax you pay is based on your prescribed investor rate (PIR).

How do I make a contribution into my AMP Managed Funds account? 

Contributions can be made by setting up a regular or one-off direct debit through MyAMP.  Under AMP Managed Funds go to the “Top-up” button and follow the instructions.  

If you’d like to change or cancel a direct debit you have already set up, you will need to contact AMP directly.

Register for MyAMP

Can I switch between funds within AMP Managed Funds? 

Yes, you can through the “change funds” feature through MyAMP Online. A switch is treated as a withdrawal of units from one fund and an application for new units in another fund. 

Are there any restrictions on making withdrawals from my account?

No - you can make a request to withdraw at any time from your AMP Managed Funds account through MyAMP. There are currently no withdrawal fees.

Where can I view the performance of my AMP Managed Funds investments? 

Investment returns and unit prices can be viewed on our website.

What are the terms and conditions?

The terms and conditions for AMP Managed Funds can be found here.

Where can I find more information?

Be in the know!

If you are interested in AMP Managed Funds (but aren't an AMP KiwiSaver Scheme or NZRT member) let's keep in touch.

Register your details here and we’ll let you know when AMP Managed Funds is available to all investors, so you can apply to join.

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Important information

^ Eligibility criteria:
Currently only existing AMP KiwiSaver Scheme and NZRT members can apply to invest in AMP Managed Funds.
You must also:
- be an individual investor,
- live in (or normally live in) New Zealand,
- be either a New Zealand citizen or entitled to live in New Zealand indefinitely, and
- be at least 18 years old.

* The 0.80% fee is the estimated total annual fund charge for the AMP Growth Managed Fund and the AMP Balanced Managed Fund. The estimated total annual fund charge for the AMP Conservative Managed Fund is 0.79% per year. The estimated total annual fund charges noted above are expressed as a percentage of the net asset value. They comprise a fixed management fee (0.74%) and the estimated costs and expenses charged by the underlying funds .
Please consult the Product Disclosure Statement and the Fees and Other Charges document for the relevant product for full details about applicable fees.

While care has been taken to ensure that the information on this page is accurate, no entity or person gives any warranty of reliability or accuracy, or accepts any responsibility arising in any way including from any error or omission.

The information included on this page is of a general nature and does not constitute financial or other professional advice. Before taking any action, you should always seek financial advice or other professional advice relevant to your personal circumstances. For financial advice, we recommend you contact your Adviser. If you don’t have an Adviser, contact us on 0800 267 5494.

All forms of investment involve risk. None of AMP, The New Zealand Guardian Trust Company Limited or any other person or entity guarantees the performance of AMP Managed Funds or any investment in AMP Managed Funds (including the returns on that investment). Past performance is not indicative of future performance. Returns over different periods may differ.

AMP Wealth Management New Zealand Limited is the issuer and manager of AMP Managed Funds. For more information, download the AMP Managed Funds Product Disclosure Statement here.