AMP KiwiSaver Scheme update

16 November 2018

AMP KiwiSaver Scheme update

If you have an AMP KiwiSaver Scheme account you may have seen a dip in your balance this month.

Why did this happen?

KiwiSaver is much more than just savings – it is an investment. Part of your investment may be in shares and we know that the share market can go up and down.

October is a historically tricky month when it comes to shares, and this year was no different. What might be comforting for you to know is that markets move up and down and we expect these things to happen, we just don’t know when. This time, share markets have had such a long run of good returns that even the smallest movement makes big headlines.

If you’d like to read more about the markets visit our monthly performance update here.

We’re here to help you

It’s times like this that highlight why KiwiSaver is designed to be a long-term savings plan, and why having access to quality financial advice is more important than ever. If you would like more information or to discuss whether you’re in the right fund to suit your savings needs, please talk to your Adviser or call us on 0800 267 5494.

Important information

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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.

Please note past returns are not indicative of future returns.

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.

The information included in this email is of a general nature and is not a substitute for financial or other professional advice. To the extent that the information constitutes advice, it is class advice only. Before taking any action, you should always seek financial advice or other professional advice relevant to your personal circumstances. For personal financial advice, we recommend you contact your adviser or if you don't have an adviser, contact us on 0800 267 263 and we can put you in touch with one. 

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