Outstanding ASB KiwiSaver Scheme Fund Performance

17 February 2017 / Published in Your Money

We have more great news for our ASB KiwiSaver Scheme members following the release of Morningstar’s December 2016 quarterly KiwiSaver survey.

The survey shows strong performance for all ASB KiwiSaver Scheme funds across their relative categories. In particular, the research house has reported our Growth Fund as the top performer in its respective peer group for the past year and three years to 31 December 2016, with the Balanced Fund also the best performing fund in its peer group over the past year.

This result highlights our proven expertise and capability with managing our customers’ money. We spoke to ASB’s General Manager Wealth, Jonathan Beale, about our investment approach and how this is helping customers meet their savings goals:

 “This is great news as it is another outstanding outcome for our KiwiSaver members. I am delighted that our robust investment approach is helping our customers meet their long term savings goals”.

If you want to understand more about our investment approach and how we manage our customers’ money, more information can be found online in our Statement of Investment Policy and Objectives.

Finalists in New Zealand Morningstar Awards 2017

Further to the excellent performance results, ASB Group Investments Limited, the manager of the ASB KiwiSaver Scheme, has recently been nominated as a finalist in the KiwiSaver category of the 2017 Morningstar Awards. ASB Group Investment Limited is the only bank-owned manager to be nominated in this category and is a second time finalist in the last three years. The KiwiSaver category recognises “the provider that offers the best solution for New Zealanders’ retirement savings needs”.

The awards are held on the 1st March 2017 and we are hoping for another great outcome. 

Who is Morningstar?

Morningstar is a leading independent investment research company that provides comprehensive data and objective information on nearly 540,000 investment offerings worldwide.  They report on the KiwiSaver market quarterly with the aim of helping New Zealand investors assess the performance of their KiwiSaver options.

Further information

For more information on the ASB KiwiSaver Scheme funds see the latest Fund Updates and returns to investors.

Visit our website to find out more about the ASB KiwiSaver Scheme and its high performing funds.

Important note: Past performance is not a guide to future performance.

Interests in the ASB KiwiSaver Scheme (Scheme) are issued by ASB Group Investments Limited, a wholly owned subsidiary of ASB Bank Limited (ASB). ASB provides Scheme administration and distribution services. No person guarantees interests in the Scheme.


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