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AMP KiwiSaver Scheme fund performance

Funds lift with rise in global sharemarkets

Every three months the investment research firm Morningstar conducts a survey of funds offered by KiwiSaver providers, to rate their performance and the AMP KiwiSaver Scheme proves to be a consistent performer during the quarter, with many AMP funds achieving ‘top five’ status for 1-year returns.

Highest performing AMP Funds (1-year returns):1

  • AMP LS Aggressive 13% return - ranked 2nd in Aggressive category
  • AMP LS Growth 11.6% return - ranked 3rd in Growth category
  • AMP LS Moderate 6.1% return - ranked 4th in Moderate category
  • AMP Default 4.9% return - ranked 3rd in Default category and 5th in Conservative category
  • AMP LS Balanced 8.9% return - ranked 5th in Balanced category

“The first quarter of 2017 saw global sharemarkets continue to rise. KiwiSaver Schemes, with a bias to shares, out-performed. Cash and fixed interest posted only meagre single digit results, whereas equities were strong across the board, especially those with a bias to offshore investments”, Chris Douglas, Director of Manager Research Ratings, Morningstar.

Market commentary at a glance

  • International equity markets have been performing well, due to stronger performance by China and an economic boost to the US from the Trump administration.
  • Emerging markets are currently outperforming the developed economies.
  • Funds with a higher allocation to growth assets (e.g. funds in Growth and Aggressive categories) are currently outperforming more conservative funds, due to the strong performance in equity markets.

“In general, it was a reasonable quarter for KiwiSaver funds, with all options producing positive results. Average multisector category returns ranged from 5.0% for the aggressive category to 1.8% for the conservative category”, Chris Douglas, Director of Manager Research Ratings, Morningstar.

Need help?

If you have any questions about the AMP KiwiSaver Scheme, we’re always happy to help. Talk to your adviser or call us on 0800 267 5494.

View all of AMP KiwiSaver Scheme investment fund performances.

Important information

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1Morningstar KiwiSaver Survey for March Quarter 2017

Underlying assets of some of the investment funds comprised in the AMP KiwiSaver Scheme (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.

Please note that investment in the Scheme carries risk and we recommend that you read the entire Product Disclosure Statement and Fund Update Booklet available on the Forms, documents and downloads section of this website to help you assess the risk of investing in the Scheme.

Every effort has been made to ensure the accuracy of this information. However, no entity or person guarantees the Scheme, any investment in the Scheme or any returns on any investment in the Scheme or gives any warranty of reliability, or accuracy, nor accepts any responsibility arising in any other way from any errors or omissions.

AMP Wealth Management New Zealand Limited is the issuer and manager of 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 https://www.companiesoffice.govt.nz/disclose.

A disclosure statement is available from your adviser, on request and free of charge.