AMP Global Select Conservative Fund
Global Select Conservative Fund is a conservative KiwiSaver fund managed by AMP. It has 507 members and holds $19 million. It opened in 2016.
Fees and returns
- Annual fee
- 1.00% of your balance each year
- Return over 1 year
- +4.9% a year
- Return over 3 years
- +4.5% a year
- Return over 5 years
- +2.0% 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 +2.0% a year. The median for mainstream conservative funds over the same period was +2.3% a year, across 29 funds. This fund is behind that median, by 0.3 percentage points.
What it invests in
New zealand fixed interest 38%, international fixed interest 20%, cash and cash equivalents 17%, international equities 10%.
Largest holdings
- Wholesale Active Conservative Fund 100.0%
Year by year
| Financial year | Return |
|---|---|
| 2025/26 | +4.9% |
| 2024/25 | +3.9% |
| 2023/24 | +4.8% |
| 2022/23 | −3.0% |
| 2021/22 | −0.6% |
| 2020/21 | +7.1% |
| 2019/20 | +2.0% |
| 2018/19 | +3.9% |
| 2017/18 | +2.8% |
About this fund
The Global Select Conservative Fund (previously the ANZ Conservative Fund) is a conservative option, holding mainly income assets with a small growth allocation. Annual fund charge: 1.00%.