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Your first home

Once you've been a member of KiwiSaver for 3 years you may be able to withdraw most of your KiwiSaver savings to put towards purchasing your first home.

How much can you withdraw?

You can use up to the full balance of your KiwiSaver account except for:

  • a minimum of $1,000 that you leave in your account;
  • any funds transferred from an Australian superannuation scheme (less returns/losses); and
  • any Government contributions received when you weren't resident in New Zealand
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Withdrawal

You can generally take money out of your KiwiSaver account when you reach 65.

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Risks

Different fund suits 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 usually lower, returns. A higher risk generally means higher returns over time, but with more ups and downs along the way and a greater possibility of a large negative return over a short time frame.

This fund might be right for you:

AMP Default Fund

The fund aims to preserve the value of your investments and achieve modest returns, in exchange there may be small movements in the value of your balance.

Minimum suggested investment timeframe 2 years
Member fee $23.4
Annual fund charges 0.39%
Average 3-Years return (after fees, but before tax)*
*as at 30 May 2021 4.33%

Investment risk

Potentially lower returns Potentially higher returns
1 2 3 4 5 6 7
Lower risk Higher risk
Higher risk generally means higher potential returns, but more ups and downs along the way.

Through this Fund Selector tool, AMP Services (NZ) Limited (FSP38082) ("AMP NZ") will provide advice to you in relation to the AMP KiwiSaver Scheme.

Our advice is limited to funds within AMP KiwiSaver Scheme, which are managed by AMP Wealth Management New Zealand Limited, and is generated through an algorithm which only considers your responses to the questions that we have asked.

AMP NZ is a related company of AMP Wealth Management New Zealand Limited, the issuer and manager of the AMP KiwiSaver Scheme.

You will not be charged for the financial advice that we provide to you through this tool.

Fees/charges apply in relation to membership of and investment in the AMP KiwiSaver Scheme. These are outlined in the relevant Product Disclosure Statement and Fund Update Booklet and may vary depending on the fund selected.

Information about AMP NZ's complaints process, dispute resolution scheme and duties under the Financial Markets Conduct Act 2013 are available on our website: https://amp.co.nz/nz/sa/advice-disclosure.

If you need any further information, please get in touch with us here

AMP Balanced Fund

The fund aims to achieve medium returns, to do that there will be some moderate ups and downs in the value of your balance.

Minimum suggested investment timeframe 4 years
Member fee $23.4
Annual fund charges 1.17%
Average 3-Years return (after fees, but before tax)*
*as at 30 May 2021 7.33%

Investment risk

Potentially lower returns Potentially higher returns
1 2 3 4 5 6 7
Lower risk Higher risk
Higher risk generally means higher potential returns, but more ups and downs along the way.

Through this Fund Selector tool, AMP Services (NZ) Limited (FSP38082) ("AMP NZ") will provide advice to you in relation to the AMP KiwiSaver Scheme.

Our advice is limited to funds within AMP KiwiSaver Scheme, which are managed by AMP Wealth Management New Zealand Limited, and is generated through an algorithm which only considers your responses to the questions that we have asked.

AMP NZ is a related company of AMP Wealth Management New Zealand Limited, the issuer and manager of the AMP KiwiSaver Scheme.

You will not be charged for the financial advice that we provide to you through this tool.

Fees/charges apply in relation to membership of and investment in the AMP KiwiSaver Scheme. These are outlined in the relevant Product Disclosure Statement and Fund Update Booklet and may vary depending on the fund selected.

Information about AMP NZ's complaints process, dispute resolution scheme and duties under the Financial Markets Conduct Act 2013 are available on our website: https://amp.co.nz/nz/sa/advice-disclosure.

If you need any further information, please get in touch with us here

AMP Growth 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 7 years
Member fee $23.4
Annual fund charges 1.18%
Average 3-Years return (after fees, but before tax)*
*as at 30 May 2021 8.81%

Investment risk

Potentially lower returns Potentially higher returns
1 2 3 4 5 6 7
Lower risk Higher risk
Higher risk generally means higher potential returns, but more ups and downs along the way.

Through this Fund Selector tool, AMP Services (NZ) Limited (FSP38082) ("AMP NZ") will provide advice to you in relation to the AMP KiwiSaver Scheme.

Our advice is limited to funds within AMP KiwiSaver Scheme, which are managed by AMP Wealth Management New Zealand Limited, and is generated through an algorithm which only considers your responses to the questions that we have asked.

AMP NZ is a related company of AMP Wealth Management New Zealand Limited, the issuer and manager of the AMP KiwiSaver Scheme.

You will not be charged for the financial advice that we provide to you through this tool.

Fees/charges apply in relation to membership of and investment in the AMP KiwiSaver Scheme. These are outlined in the relevant Product Disclosure Statement and Fund Update Booklet and may vary depending on the fund selected.

Information about AMP NZ's complaints process, dispute resolution scheme and duties under the Financial Markets Conduct Act 2013 are available on our website: https://amp.co.nz/nz/sa/advice-disclosure.

If you need any further information, please get in touch with us here

AMP Aggressive Fund

The fund aims to achieve high returns, to do that there will be some big ups and downs in the value of your balance.

Minimum suggested investment timeframe 10 years
Member fee $23.4
Annual fund charges 1.29%
Average 3-Years return (after fees, but before tax)*
*as at 30 May 2021 9.19%

Investment risk

Potentially lower returns Potentially higher returns
1 2 3 4 5 6 7
Lower risk Higher risk
Higher risk generally means higher potential returns, but more ups and downs along the way.

Through this Fund Selector tool, AMP Services (NZ) Limited (FSP38082) ("AMP NZ") will provide advice to you in relation to the AMP KiwiSaver Scheme.

Our advice is limited to funds within AMP KiwiSaver Scheme, which are managed by AMP Wealth Management New Zealand Limited, and is generated through an algorithm which only considers your responses to the questions that we have asked.

AMP NZ is a related company of AMP Wealth Management New Zealand Limited, the issuer and manager of the AMP KiwiSaver Scheme.

You will not be charged for the financial advice that we provide to you through this tool.

Fees/charges apply in relation to membership of and investment in the AMP KiwiSaver Scheme. These are outlined in the relevant Product Disclosure Statement and Fund Update Booklet and may vary depending on the fund selected.

Information about AMP NZ's complaints process, dispute resolution scheme and duties under the Financial Markets Conduct Act 2013 are available on our website: https://amp.co.nz/nz/sa/advice-disclosure.

If you need any further information, please get in touch with us here

You're one step closer to sorting our your KiwiSaver - join today:

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AMP Lifesteps

Lifesteps makes it easy - automatically moving your savings into the fund that best matches your age.

Growth assets

Such as shares, property, infrastructure.

Income assets

Such as fixed interest, cash.

Lifesteps

Touch image to magnify

About Lifesteps
Lifesteps makes it easy. Lifesteps automatically puts your savings into the fund that best matches your age, so you don't have to worry about changing funds as you get older.
When you're younger, you can generally accept more unpredictable investment returns, in exchange for the potential to earn greater returns over the long term. However, as you get older you have less time to recover any losses before needing your retirement savings. Lifesteps aims to reduce the potential for investment losses as you age.
Lifesteps does not take personal circumstances into account, such as saving for a first home, so may not be right for everyone.

Choose how your money is invested.

Pick a mix of up to seven funds.

View all
Growth
Balanced
Conservative

This is a diversified fund that aims to generate a positive return above inflation and actively respond to market conditions with a flexible approach to investing.

Minimum suggested investment timeframe 4 years
Member fee $23.4
Annual fund charges 1.7%
Average 3-Years return (after fees, but before tax)*
*as at 30 May 2021 3.53%

Investment risk

Potentially lower returns Potentially higher returns
1 2 3 4 5 6 7
Lower risk Higher risk
Higher risk generally means higher potential returns, but more ups and downs along the way.

The fund aims to achieve modest and stable returns, in exchange there should be no significant short-term movements in the value of your balance.

Minimum suggested investment timeframe 1 years
Member fee $23.4
Annual fund charges 0.6%
Average 3-Years return (after fees, but before tax)*
*as at 30 May 2021 0.9%

Investment risk

Potentially lower returns Potentially higher returns
1 2 3 4 5 6 7
Lower risk Higher risk
Higher risk generally means higher potential returns, but more ups and downs along the way.

The fund aims to primarily preserve the value of your investment with some capital growth by investing in fixed interest securities issues in bond markets around the world (which may include NZ bond markets).

Minimum suggested investment timeframe 3 years
Member fee $23.4
Annual fund charges 0.96%
Average 3-Years return (after fees, but before tax)*
*as at 30 May 2021 3.19%

Investment risk

Potentially lower returns Potentially higher returns
1 2 3 4 5 6 7
Lower risk Higher risk
Higher risk generally means higher potential returns, but more ups and downs along the way.

The fund aims to primarily preserve the value of investment with some capital growth by investing predominantly in New Zealand fixed interest assets.

Minimum suggested investment timeframe 3 years
Member fee $23.4
Annual fund charges 0.82%
Average 3-Years return (after fees, but before tax)*
*as at 30 May 2021 2.85%

Investment risk

Potentially lower returns Potentially higher returns
1 2 3 4 5 6 7
Lower risk Higher risk
Higher risk generally means higher potential returns, but more ups and downs along the way.

The fund aims to preserve the value of your investments and achieve modest returns, in exchange there may be small movements in the value of your balance.

Minimum suggested investment timeframe 2 years
Member fee $23.4
Annual fund charges 0.39%
Average 3-Years return (after fees, but before tax)*
*as at 30 May 2021 4.33%

Investment risk

Potentially lower returns Potentially higher returns
1 2 3 4 5 6 7
Lower risk Higher risk
Higher risk generally means higher potential returns, but more ups and downs along the way.

The fund invests mainly in cash and fixed interest assets, with a smaller exposure to share and listed property assets.

Minimum suggested investment timeframe 2 years
Member fee $23.4
Annual fund charges 1.07%
Average 3-Years return (after fees, but before tax)*
*as at 30 May 2021 5.19%

Investment risk

Potentially lower returns Potentially higher returns
1 2 3 4 5 6 7
Lower risk Higher risk
Higher risk generally means higher potential returns, but more ups and downs along the way.

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 2 years
Member fee $23.4
Annual fund charges 1.0%
Average 3-Years return (after fees, but before tax)*
*as at 30 May 2021 4.53%

Investment risk

Potentially lower returns Potentially higher returns
1 2 3 4 5 6 7
Lower risk Higher risk
Higher risk generally means higher potential returns, but more ups and downs along the way.

The fund aims to minimise the risk of investment loss while optimising investment returns and to preserve the capital value of invested funds over the long term in real terms.

Minimum suggested investment timeframe 2 years
Member fee $23.4
Annual fund charges 1.16%
Average 3-Years return (after fees, but before tax)*
*as at 30 May 2021 5.3%

Investment risk

Potentially lower returns Potentially higher returns
1 2 3 4 5 6 7
Lower risk Higher risk
Higher risk generally means higher potential returns, but more ups and downs along the way.

The fund aims to achieve modest to medium returns, in exchange there may be small movements up and down in the value of your balance.

Minimum suggested investment timeframe 4 years
Member fee $23.4
Annual fund charges 1.11%
Average 3-Years return (after fees, but before tax)*
*as at 30 May 2021 5.53%

Investment risk

Potentially lower returns Potentially higher returns
1 2 3 4 5 6 7
Lower risk Higher risk
Higher risk generally means higher potential returns, but more ups and downs along the way.

The fund aims to provide moderate returns with a negative return expected less than one in every seven years.

Minimum suggested investment timeframe 2 years
Member fee $23.4
Annual fund charges 1.04%
Average 3-Years return (after fees, but before tax)*
*as at 30 May 2021 5.08%

Investment risk

Potentially lower returns Potentially higher returns
1 2 3 4 5 6 7
Lower risk Higher risk
Higher risk generally means higher potential returns, but more ups and downs along the way.

The fund aims to provide a gross fixed monthly income in excess of bank deposit rates, along with a positive return on capital over the long term.

Minimum suggested investment timeframe 3 years
Member fee $23.4
Annual fund charges 1.13%
Average 3-Years return (after fees, but before tax)*
*as at 30 May 2021 6.94%

Investment risk

Potentially lower returns Potentially higher returns
1 2 3 4 5 6 7
Lower risk Higher risk
Higher risk generally means higher potential returns, but more ups and downs along the way.

The fund aims to achieve medium returns, to do that there will be some moderate ups and downs in the value of your balance.

Minimum suggested investment timeframe 4 years
Member fee $23.4
Annual fund charges 1.16%
Average 3-Years return (after fees, but before tax)*
*as at 30 May 2021 6.37%

Investment risk

Potentially lower returns Potentially higher returns
1 2 3 4 5 6 7
Lower risk Higher risk
Higher risk generally means higher potential returns, but more ups and downs along the way.

The fund aims to achieve medium returns, to do that there will be some moderate ups and downs in the value of your balance.

Minimum suggested investment timeframe 4 years
Member fee $23.4
Annual fund charges 1.17%
Average 3-Years return (after fees, but before tax)*
*as at 30 May 2021 7.33%

Investment risk

Potentially lower returns Potentially higher returns
1 2 3 4 5 6 7
Lower risk Higher risk
Higher risk generally means higher potential returns, but more ups and downs along the way.

The fund aims to provide moderate to high total returns with a negative return expected less than one in every five years.

Minimum suggested investment timeframe 4 years
Member fee $23.4
Annual fund charges 1.09%
Average 3-Years return (after fees, but before tax)*
*as at 30 May 2021 7.45%

Investment risk

Potentially lower returns Potentially higher returns
1 2 3 4 5 6 7
Lower risk Higher risk
Higher risk generally means higher potential returns, but more ups and downs along the way.

The fund aims to achieve enhanced longer term returns from the 55% benchmark allocation to growth assets.

Minimum suggested investment timeframe 4 years
Member fee $23.4
Annual fund charges 1.34%
Average 3-Years return (after fees, but before tax)*
*as at 30 May 2021 7.37%

Investment risk

Potentially lower returns Potentially higher returns
1 2 3 4 5 6 7
Lower risk Higher risk
Higher risk generally means higher potential returns, but more ups and downs along the way.

The fund aims to both optimise investment returns and to minimise the risks of investment loss, and to preserve the capital value of investing funds over the longer term in real terms.

Minimum suggested investment timeframe 4 years
Member fee $23.4
Annual fund charges 1.41%
Average 3-Years return (after fees, but before tax)*
*as at 30 May 2021 7.16%

Investment risk

Potentially lower returns Potentially higher returns
1 2 3 4 5 6 7
Lower risk Higher risk
Higher risk generally means higher potential returns, but more ups and downs along the way.

The fund combines financial analysis with a sustainability focus. The fund aims to provide real returns of around 5% per annum over the medium to long term. The underlying fund has been certified by the Responsible Investment Association of Australasia (RIAA).

Minimum suggested investment timeframe 4 years
Member fee $23.4
Annual fund charges 1.35%
Average 3-Years return (after fees, but before tax)*
*as at 30 May 2021 7.89%

Investment risk

Potentially lower returns Potentially higher returns
1 2 3 4 5 6 7
Lower risk Higher risk
Higher risk generally means higher potential returns, but more ups and downs along the way.

The fund invests mainly in share and listed property assets, with some exposure to cash and fixed interest assets.

Minimum suggested investment timeframe 4 years
Member fee $23.4
Annual fund charges 1.18%
Average 3-Years return (after fees, but before tax)*
*as at 30 May 2021 9.36%

Investment risk

Potentially lower returns Potentially higher returns
1 2 3 4 5 6 7
Lower risk Higher risk
Higher risk generally means higher potential returns, but more ups and downs along the way.

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 7 years
Member fee $23.4
Annual fund charges 1.18%
Average 3-Years return (after fees, but before tax)*
*as at 30 May 2021 8.81%

Investment risk

Potentially lower returns Potentially higher returns
1 2 3 4 5 6 7
Lower risk Higher risk
Higher risk generally means higher potential returns, but more ups and downs along the way.

The fund invests mainly in share and listed property assets, with a smaller exposure to cash and fixed interest assets.

Minimum suggested investment timeframe 7 years
Member fee $23.4
Annual fund charges 1.28%
Average 3-Years return (after fees, but before tax)*
*as at 30 May 2021 10.39%

Investment risk

Potentially lower returns Potentially higher returns
1 2 3 4 5 6 7
Lower risk Higher risk
Higher risk generally means higher potential returns, but more ups and downs along the way.

The fund aims to provide high total returns with a negative return expected less than one in every four years.

Minimum suggested investment timeframe 7 years
Member fee $23.4
Annual fund charges 1.14%
Average 3-Years return (after fees, but before tax)*
*as at 30 May 2021 8.66%

Investment risk

Potentially lower returns Potentially higher returns
1 2 3 4 5 6 7
Lower risk Higher risk
Higher risk generally means higher potential returns, but more ups and downs along the way.

The fund aims to provide investors with a portfolio of predominantly growth assets to deliver growth in capital value over the long term.

Minimum suggested investment timeframe 7 years
Member fee $23.4
Annual fund charges 1.4%
Average 3-Years return (after fees, but before tax)*
*as at 30 May 2021 8.75%

Investment risk

Potentially lower returns Potentially higher returns
1 2 3 4 5 6 7
Lower risk Higher risk
Higher risk generally means higher potential returns, but more ups and downs along the way.

The fund aims to achieve high returns, to do that there will be some big ups and downs in the value of your balance.

Minimum suggested investment timeframe 10 years
Member fee $23.4
Annual fund charges 1.29%
Average 3-Years return (after fees, but before tax)*
*as at 30 May 2021 9.19%

Investment risk

Potentially lower returns Potentially higher returns
1 2 3 4 5 6 7
Lower risk Higher risk
Higher risk generally means higher potential returns, but more ups and downs along the way.

The fund aims to achieve long term capital growth through exposure to listed property and other property securities in New Zealand and around the world.

Minimum suggested investment timeframe 10 years
Member fee $23.4
Annual fund charges 1.2%
Average 3-Years return (after fees, but before tax)*
*as at 30 May 2021 9.63%

Investment risk

Potentially lower returns Potentially higher returns
1 2 3 4 5 6 7
Lower risk Higher risk
Higher risk generally means higher potential returns, but more ups and downs along the way.

The fund aims to achieve long term capital growth through exposure to shares of companies located in New Zealand and Australia.

Minimum suggested investment timeframe 10 years
Member fee $23.4
Annual fund charges 1.14%
Average 3-Years return (after fees, but before tax)*
*as at 30 May 2021 10.67%

Investment risk

Potentially lower returns Potentially higher returns
1 2 3 4 5 6 7
Lower risk Higher risk
Higher risk generally means higher potential returns, but more ups and downs along the way.

The fund aims to achieve long term capital growth through exposure to equities of companies listed on stock exchanges around the world (which may include the NZ stock exchange for this fund).

Minimum suggested investment timeframe 10 years
Member fee $23.4
Annual fund charges 1.21%
Average 3-Years return (after fees, but before tax)*
*as at 30 May 2021 10.34%

Investment risk

Potentially lower returns Potentially higher returns
1 2 3 4 5 6 7
Lower risk Higher risk
Higher risk generally means higher potential returns, but more ups and downs along the way.

The fund aims to achieve long term capital growth primarily through exposure to a passively managed portfolio of equities of companies listed on international stock exchanges (which may include the NZ stock exchange for this fund).

Minimum suggested investment timeframe 10 years
Member fee $23.4
Annual fund charges 0.88%
Average 3-Years return (after fees, but before tax)*
*as at 30 May 2021 12.3%

Investment risk

Potentially lower returns Potentially higher returns
1 2 3 4 5 6 7
Lower risk Higher risk
Higher risk generally means higher potential returns, but more ups and downs along the way.
Please select at least one fund

Choose how your money is invested.

Set the proportion of your money you would like to invest in each fund.

    0%
    Total percentage must add up to 100%
    Important information

    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.
    For more information, download a copy of the AMP KiwiSaver Scheme Product Disclosure Statement and Fund Update Booklet, which have been lodged on the Scheme's offers register entry at companiesoffice.govt.nz/disclose.
    Please note that investment in the Scheme carries risk and we recommend that you read the entire Product Disclosure Statement and Fund Update Booklet to help you assess the risk of investing in the Scheme.
    Underlying assets of some of the investment funds comprised in the Scheme will rise and fall in value and returns may (with exceptions) from time to time be negative. Depending on the particular investment fund and the length of time for which an investor has invested, it is possible that an investor may receive less than the initial investment on withdrawal.
    While care has been taken to supply information on this website that is accurate, none of AMP Wealth Management New Zealand Limited, the Supervisor, the underlying fund managers, any of their related companies, their directors, the Crown or any other person guarantees the Scheme, any investment in the Scheme, or any returns on an investment in the Scheme, or gives any warranty of reliability or accuracy, or accepts any responsibility arising in any way including from any error or omission. Past performance is not indicative of future performance and is not guaranteed by any party. Returns over different periods may differ.
    A disclosure statement is available from your Adviser, on request and free of charge.