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Managed Funds


Low fees, no minimum investment and no lock-in period.



Grow your money with Managed Funds

It’s the smart, easy, low-cost way to make your money work hard for you. With no minimum investment and the flexibility to withdraw when you need to, AMP Managed Funds can help you to achieve your big goals, small goals and everything in between. Start investing in your future now.
 

No lock-in period


You control which funds you invest in and when you make withdrawals.




Low fees


Pay a low fee of 0.8% per year* and that’s it.




No minimum investment


You choose how much you want to invest and which funds you want to invest in.


Managed funds fees and returns

Below shows you estimated fees and the returns since AMP Managed Funds inception. Read more information about fees and how they can apply to an investor.

Fund type:

View All
Conservative
Balanced
Growth
Aggressive

Sort by:

Fund type
High returns
Fees (% p.a. est.)*
Returns (1yr)*
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. Minimum suggested investment timeframe is 4 years.
0.80%
8.98%
Fees (% p.a. est.)* 0.80%
Returns (1yr)* 8.98%
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. Minimum suggested investment timeframe is 2 years.
0.79%
5.69%
Fees (% p.a. est.)* 0.79%
Returns (1yr)* 5.69%
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. Minimum suggested investment timeframe is 7 years.
0.80%
10.75%
Fees (% p.a. est.)* 0.80%
Returns (1yr)* 10.75%
*Fees and Returns
Returns are as at 31 January 2024 and are after total fund charges and before tax. Past performance is not indicative of future performance.

Managed fund types


With the help of BlackRock (the largest investment manager in the world), we offer three sustainably invested, low-cost funds to suit your investment goals, risk appetite and timeframe.

AMP Conservative Managed Fund


The goal of this fund is to achieve modest to medium returns. You may choose this fund if you seek growth but are cautious and are willing to accept small movements up and down in the value of your investments.


Conservative funds can have less changes.

AMP Balanced Managed Fund


The goal of this fund is to achieve medium returns. You may choose this fund if you seek medium to high returns and are willing to accept some fluctuations in the value of your investments.


Balanced funds can have moderate changes.

AMP Growth Managed Fund


The goal of this fund is to achieve medium to high returns. You may choose this fund if you seek higher returns in the long term and are willing to accept larger movements up and down in the value of your investments.


Growth funds can change more over time.

Frequently-asked questions

How managed funds work

Managed funds are an investment option to help you save. In a managed fund, your money is pooled with other investors’ money to create greater buying power, giving you access to investment opportunities you may not have as an individual investor.

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. 

Find out more about how to invest in managed funds.

How much does it cost?

There’s an estimated annual fund fee of 0.79% or 0.80%, depending on the fund selected. 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 $1,000 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 $8 (0.80% of $1,000) for the year. These fees might be more or less if her account balance increased or decreased over the year.  

Find out more information about AMP Managed Funds fees and how they are applied.

How much tax will I pay?

When you invest in AMP Managed Funds, your Prescribed Investor Rate (PIR) is used to calculate the tax you will pay on your investment. The current tax rates are 10.5%, 17.5% and 28%. This rate is determined on your income. Use our guide to determine your PIR.

What are the risks of investing?

All investments have some degree of risk. This includes the level of uncertainty and the potential losses associated with an investment decision. To help you clarify your own attitude to risk, you can seek financial advice or work out your risk profile at sorted.org.nz.

Learn more about market volatility and what factors can affect markets.

Who can invest in AMP Managed Funds?

People aged 18 and over and who are either a New Zealand citizen or live (or normally live) in New Zealand are eligible to open an AMP Managed Funds account.

We currently only offer AMP Managed Funds to individual investors, meaning you cannot open an account with your partner, child or family trust.

How do I make contributions? 

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

How can I make withdrawals from my account?

It's easy to make withdrawals from your AMP Managed Funds account. Select the "Withdraw" button in MyAMP app. You can select any amount you wish to withdraw from the relevant fund. After verifying your ownership of the bank account, we will pay the money to that bank account.

There is no set minimum balance so you can withdraw any amount and as often as you like from your AMP Managed Funds account. There are currently no withdrawal fees.

Can I switch between funds? 

Yes, you can change your funds within AMP Managed Funds. To do this you can make a change request through the “change funds” feature in MyAMP Online.

A switch is treated as a withdrawal of units from one fund and an application for new units in another fund. When a change request is submitted, we will withdraw the units you hold from one fund and buy the units from the new fund for your requested amount .

What are the AMP Managed Fund fees and returns?

To see the estimated fees and the returns since AMP Managed Funds inception, click here.

How does my AMP Managed Fund balance get calculated?

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

Where can I see AMP Managed Funds performance? 

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

What are the terms and conditions?

View terms and conditions for AMP Managed Funds.

Where can I find more information?
Setting investment goals

When thinking about how to choose what fund to invest in, a good place to start is to think about what you want to achieve and by when. Having investment goals provide the short-term motivation needed to achieve our long-term objectives. Find out more about why it's important to have investment goals.

Eligibility criteria: 
You must: 
- be an individual investor and be at least 18 years old, and
- are either a NZ citizen or live in (or normally live in) New Zealand.

* 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.