Provider · broker-grade review
AMP KiwiSaver
AMP KIWISAVER SCHEME
- Funds in scheme
- 31
- Funds under management
- $10.31B
- Fee range
- 0.49–1.57%
- Best 5-yr return
- 12.77%
Returns are annualised, after fees and 28% PIR, sourced from Sorted Smart Investor (as at Q1 2026). Past performance is not a reliable indicator of future performance. General information only, not personalised advice.
The Smiths take
What we know about AMP KiwiSaver
- →AMP runs 31 KiwiSaver funds across 5 risk bands. covering Conservative, Balanced, Growth, Aggressive and Uncategorised.
- →Total annual fees range from 0.49% to 1.57% depending on the fund.
- →Best 5-yr annualised return in the scheme is 12.77% (after fees & 28% PIR).
- →Scheme manages $10.31B in total.
Smiths' top picks from AMP
The 3 AMPfunds we'd look at first
- #1
- #2
- #3
Every fund in the scheme
All 31 AMP KiwiSaver funds
Conservative · 5 funds
Amp Defensive Conservative Fund
2.32% 5y0.49% feesReview →Amp Cash Fund
2.10% 5y0.65% feesReview →Amp Global Fixed Interest Fund
-0.57% 5y0.84% feesReview →Amp Nz Fixed Interest Fund
-0.71% 5y0.86% feesReview →Milford Conservative Fund
-1.33% feesReview →
Balanced · 14 funds
Amp Balanced Fund No. 2
5.85% 5y0.85% feesReview →Amp Balanced Fund
5.50% 5y0.85% feesReview →Amp Balanced Fund (Lifesteps)
5.50% 5y0.85% feesReview →Global Select Balanced Growth Fund
5.25% 5y1.18% feesReview →Amp Moderate Balanced Fund
4.48% 5y0.84% feesReview →Amp Moderate Balanced Fund (Lifesteps)
4.48% 5y0.84% feesReview →Amp Moderate Fund (Lifesteps)
3.62% 5y0.84% feesReview →Amp Moderate Fund
3.62% 5y0.84% feesReview →Amp Balanced Fund No. 4
3.42% 5y0.85% feesReview →Amp Conservative Fund (Lifesteps)
2.53% 5y0.84% feesReview →Amp Conservative Fund
2.53% 5y0.84% feesReview →Amp Conservative Fund No. 2
1.87% 5y0.84% feesReview →Global Select Conservative Fund
1.86% 5y1.08% feesReview →Milford Balanced Fund
-1.43% feesReview →
Growth · 5 funds
Amp Growth Fund
7.24% 5y0.85% feesReview →Amp Growth Fund (Lifesteps)
7.24% 5y0.85% feesReview →Global Select Growth Fund
6.32% 5y1.27% feesReview →Amp Growth Fund No. 2
4.43% 5y0.85% feesReview →Milford Active Growth Fund
-1.57% feesReview →
Aggressive · 3 funds
Amp Aggressive Fund (Lifesteps)
8.31% 5y0.85% feesReview →Amp Aggressive Fund
8.31% 5y0.85% feesReview →Milford Aggressive Fund
-1.57% feesReview →
Uncategorised · 4 funds
Amp International Shares Fund No. 2
12.77% 5y0.86% feesReview →Amp International Shares Fund
12.58% 5y0.85% feesReview →Amp International Shares Fund No. 3
6.05% 5y1.01% feesReview →Amp Australasian Shares Fund
2.15% 5y0.83% feesReview →
Should you be in AMP?
We compare AMP against every other NZ provider.
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's.
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 →