AMP Balanced Fund
Amp Balanced Fund is a balanced KiwiSaver fund managed by AMP. It has 25,865 members and holds $1.4 billion. It opened in 2007.
Fees and returns
- Annual fee
- 0.77% of your balance each year
- Return over 1 year
- +9.0% a year
- Return over 3 years
- +9.0% a year
- Return over 5 years
- +4.6% a year
Figures are after fees and tax, as at Q3 2026, sourced from the FMA Disclose Register.
How it compares
Over the last five years this fund returned +4.6% a year. The median for mainstream balanced funds over the same period was +3.7% a year, across 40 funds. This fund is ahead of that median, by 0.9 percentage points.
What it invests in
International equities 37%, new zealand fixed interest 20%, international fixed interest 18%, australasian equities 15%.
Largest holdings
- Fisher & Paykel Healthcare Corporation Limited 2.01%
- New Zealand Government Inflation Linked Bond - maturing 20 Sep 2035 1.94%
- NVIDIA Corp 1.67%
Year by year
| Financial year | Return |
|---|---|
| 2025/26 | +9.0% |
| 2024/25 | +5.4% |
| 2023/24 | +12.9% |
| 2022/23 | −3.8% |
| 2021/22 | +0.1% |
| 2020/21 | +18.5% |
| 2019/20 | −3.3% |
| 2018/19 | +6.2% |
| 2017/18 | +5.0% |
| 2016/17 | +7.6% |
About this fund
The AMP Balanced Fund is a diversified balanced fund holding a mix of growth assets (mainly shares) and income assets (fixed interest and cash), tilted slightly toward growth. Managed on a predominantly index-tracking basis, it aims for medium returns with some movement in value, and applies AMP's sustainable-investment exclusions. Annual fund charge: 0.77%.