AMP Moderate Balanced Fund
Amp Moderate Balanced Fund is a balanced KiwiSaver fund managed by AMP. It has 16,769 members and holds $987 million. It opened in 2007.
Fees and returns
- Annual fee
- 0.76% of your balance each year
- Return over 1 year
- +7.9% a year
- Return over 3 years
- +7.8% a year
- Return over 5 years
- +3.8% 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 +3.8% 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 0.1 percentage points.
What it invests in
International equities 31%, new zealand fixed interest 26%, international fixed interest 18%, australasian equities 13%.
Largest holdings
- New Zealand Government Inflation Linked Bond - maturing 20 Sep 2035 2.14%
- Fisher & Paykel Healthcare Corporation Limited 1.75%
- New Zealand Government Bond - maturing 20 Apr 2029 1.62%
Year by year
| Financial year | Return |
|---|---|
| 2025/26 | +7.9% |
| 2024/25 | +4.9% |
| 2023/24 | +10.7% |
| 2022/23 | −3.5% |
| 2021/22 | −0.5% |
| 2020/21 | +14.9% |
| 2019/20 | −2.5% |
| 2018/19 | +5.7% |
| 2017/18 | +4.3% |
| 2016/17 | +6.3% |
About this fund
The AMP Moderate Balanced Fund is a diversified fund with a near-even split between growth and income assets, sitting between AMP's Moderate and Balanced funds. 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: 0.76%.