AMP Balanced Fund No. 2
Amp Balanced Fund No. 2 is a balanced KiwiSaver fund managed by AMP. It has 820 members and holds $35 million. It opened in 2016.
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
- +4.5% 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 +4.5% 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 0.8 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 | +22.4% |
| 2019/20 | −4.9% |
| 2018/19 | +6.0% |
| 2017/18 | +4.8% |
About this fund
The AMP Balanced Fund No. 2 is a smaller scheme variant of AMP's Balanced strategy, with the same diversified growth-and-income mix and index-tracking approach. It holds mostly shares with a fixed-interest allocation, tilted slightly to growth, and applies AMP's sustainable-investment exclusions. Annual fund charge: 0.77%.