Amp Kiwisaver Scheme
Global Select Balanced Growth Fund
The Smiths take
Global Select Balanced Growth Fund Smiths Rating B+
Smiths' editorial rating, our internal opinion based on 10-year returns, fees, and risk band fit. Not a formal credit rating or regulated star rating.
The fund matches or beats the group average on the standard Sorted measures. Read the full breakdown below.
General information only · Past performance is not a reliable indicator of future performance · For personal advice please contact us.
At a glance
This fund is for investors seeking
Three quick reads for whether the Global Select Balanced Growth Fund fits your situation.
A 7+ years timeframe
This is a growth KiwiSaver fund. The provider's recommended minimum holding period sits in the 7+ years range.
A moderate-risk investment
Sorted's risk indicator places this at 4 on a 1–7 scale. Moderate volatility. meaningful ups and downs but not extreme.
Growth-leaning mix
68% growth assets (shares, property) and 32% income assets (bonds, cash). Spread across multiple asset classes.
Snapshot
The headline numbers
Mix
68.30% / 31.70%
Growth / Income · avg 77.80% / 22.20%
Fees
1.18%
$353 on $30k · avg 1.62%
5-yr return
5.25%
Annualised, after fees & 28% PIR · avg 5.25%
What the provider says
In their own words
“The fund is a well-diversified portfolio that aims to provide growth, primarily through holding diversified growth assets with a lower allocation to lower-risk income assets. The fund aims to achieve medium to high returns, in exchange there will be larger movements up and down in the value of the investments.”
- Fund start date
- 1 October 2007
- Withdrawal rules
- This is a KiwiSaver fund. generally you can withdraw only to purchase a first home, after the age of 65, or in cases of significant financial hardship.
Asset mix
What this fund actually holds
Growth assets are 68.30% of the fund, income assets the rest. The mix is the latest snapshot from Sorted, with the average for this risk band's KiwiSaver funds shown alongside.
- Sharesthis fundavg
51.80%
avg 71.16%
- Propertythis fundavg
2.00%
avg 4.53%
- Otherthis fundavg
14.50%
avg 2.11%
- Bondsthis fundavg
28.20%
avg 17.08%
- Cashthis fundavg
3.50%
avg 5.12%
What it owns
Top 10 holdings. 21.18% of the fund
The rest is spread across hundreds of other positions. Full holdings live in the provider's portfolio file.
Ishares Core Ftse Global Infrastructure (Aud Hedged) Etf
Other
OtherAU4.02%Ishares Physical Gold Etc
Shares
International EquitiesIE3.08%Cash & Equivalents
Cash
Cash and Cash EquivalentsAU2.06%Ishares Core Ftse Global Property Ex Australia (Aud Hedged) Etf
Other
OtherAU2.01%Microsoft Corp
Shares
International EquitiesUS1.94%Apple Inc
Shares
International EquitiesUS1.86%Nvidia Corp
Shares
International EquitiesUS1.85%New Zealand Government Bond - Maturing 20 Sep 2035
Bonds
New Zealand Fixed InterestNZ1.52%Fisher & Paykel Healthcare Corporation Limited
Shares
Australasian EquitiesNZ1.46%Amazon.Com Inc
Shares
International EquitiesUS1.38%
Fees breakdown
What you actually pay
Modelled on a $30,000 balance held for one full year. Each line shows this fund's % and dollar cost vs. the average for funds in the same risk band.
Management
Charged by the fund manager, % of your balance.
1.06%
avg 0.90%
$318
avg $271
+0.16%Other
Other potential costs not in the categories below.
51.80%
avg 71.16%
-
avg -
−19.36%Performance-based
Higher when the fund (or underlying fund) performs well.
0.00%
avg -
$0
avg -
Membership
A flat annual fee, regardless of balance or performance.
0.08%
avg 0.05%
$23
avg $15
+0.03%
Total combined fees
Doesn't include fees for one-off activities like transferring or withdrawing.
1.18%
avg 1.62%
$353
avg $486
Yearly returns
5.25% per year over 5 years
Each bar is the 12-month return ending in March, after fees and 28% PIR. Past performance is not a reliable indicator of future performance.
Returns: living in the past
Seeking returns is the point of investing, but the ones shown above are already gone. they won't continue. Pick a fund based on the right mix for your situation and reasonable fees, not on past returns.
Risk indicator
Sorted risk rating: 4 of 7
The Sorted risk indicator is calculated from the last 5 years of price volatility. Higher = more ups and downs but typically higher long-term returns.
Fund details
The unsexy stats that matter
- Total fund value
- $382,819,204
- Members
- 6,184
- Asset liquidity ratio
- 100.00%
- Debt ratio
- 0.10%
- Default KiwiSaver fund
- No
- Fund reference
- FND137
Manager
Amp Kiwisaver Scheme
Licensed with the Financial Markets Authority.
- NZBN
- 9429038259210
- FSP number
- FSP25061
Smiths Health Check
Is the Global Select Balanced Growth Fund actually the right fund for you?
Take the 90-second Health Check. We'll grade your current setup, tell you what it's costing you, and recommend the best fit from our advised panel, benchmarked against every fund in the directory, not just amp.
Our directory covers every NZ KiwiSaver fund. Our advice panel is five schemes (ANZ, Booster, Fisher Funds, Generate, Milford); recommendations land on four funds across Milford and Booster — how we're paid →