ASB Investment Funds Fund Returns
Fund returns
The tables below show the ASB Investment Funds fund returns as at 30 April 2025. Click to expand.
Returns after tax and after fees
Assuming the highest Prescribed Investor Rate (PIR). The returns are calculated on the assumption that all foreign tax credits are fully utilised by the investor.
1 month | 3 months | 6 months | 1 year | 3 years (p.a.) | 5 years (p.a.) | 10 years (p.a.) | Since Inception (p.a.) | |
|---|---|---|---|---|---|---|---|---|
Conservative Fund | 0.06% | -0.35% | 1.31% | 5.74% | 3.33% | 1.95% | 2.66% | 2.99% |
Conservative Plus Fund | -0.12% | -1.00% | 1.07% | 5.97% | 3.72% | 2.52% | 3.21% | 3.19% |
Moderate Fund | -0.28% | -1.68% | 0.75% | 6.22% | 4.14% | 3.35% | 3.69% | 3.49% |
Balanced Fund | -0.78% | -3.68% | -0.24% | 6.63% | 5.22% | 5.35% | 5.18% | 4.20% |
Growth Fund | -1.28% | -5.46% | -1.13% | 6.66% | 5.85% | 7.00% | 6.28% | 4.57% |
Aggressive Fund | -1.66% | -6.77% | -1.77% | 7.18% | 11.66% | |||
World Shares Fund | -2.01% | -8.91% | -2.37% | 8.71% | 10.42% | 12.13% | 8.70% | 5.95% |
Returns before tax and after fees
1 month | 3 months | 6 months | 1 year | 3 years (p.a.) | 5 years (p.a.) | 10 years (p.a.) | Since Inception (p.a.) | |
|---|---|---|---|---|---|---|---|---|
Conservative Fund | 0.35% | 0.21% | 2.01% | 7.49% | 4.16% | 2.17% | 3.22% | 3.93% |
Conservative Plus Fund | 0.20% | -0.44% | 1.75% | 7.67% | 4.55% | 2.76% | 3.80% | 4.15% |
Moderate Fund | 0.06% | -1.10% | 1.41% | 7.85% | 4.98% | 3.69% | 4.32% | 4.48% |
Balanced Fund | -0.41% | -3.10% | 0.36% | 8.08% | 6.08% | 5.94% | 5.93% | 5.26% |
Growth Fund | -0.89% | -4.88% | -0.60% | 7.91% | 6.72% | 7.83% | 7.12% | 5.64% |
Aggressive Fund | -1.24% | -6.19% | -1.28% | 8.33% | 12.76% | |||
World Shares Fund | -1.46% | -8.35% | -2.06% | 9.64% | 11.11% | 13.30% | 9.48% | 6.91% |
Returns are a reflection of past performance and are not a guarantee or indication of future performance because returns fluctuate (move up and down). Returns can be negative and you may receive back less than the total amount of your contributions.
The Positive Impact Fund was wound up on 15 January 2025.
Applications for units in the World Shares Fund will only be accepted from:
a. wholesale investors; or
b. discretionary investment management service (DIMS) licensees where the DIMS licensee decides to buy the units on behalf of a person in the course of supplying a DIMS to the person.
Strong performance versus the market
Our ASB Investment Funds Growth, Balanced, Moderate and Conservative Plus Funds have all outperformed the market average over 3 years to 31 March 2025.
ASB Investment Funds Conservative Plus Fund achieved a return of 3.80% p.a. versus 3.67% p.a. market average.
Per annum returns based on after fees and before tax 3-year performance data from Morningstar (NZ Multisector Fund Universe) as at 31 March 2025. Past performance is not a guarantee or indication of future performance.
Market update
April Wrap Up - A new market paradigm?
On 'Liberation Day', the U.S. announced sweeping tariffs on nearly all major trading partners, triggering a global market selloff, a falling US dollar, and surging US treasury yields. Though implementation was paused by month’s end prompting a market rebound, the move marked a potential shift in the global economic order with serious implications for investors. Read more in the April Wrap Up.
- Returns are for periods after the commencement of PIE status. For all funds (except for the Aggressive Fund) this was 1 October 2007. Contributions were first invested into the Aggressive Fund on 22 November 2023.
- The returns are calculated on the change in exit price of the units in each fund for the period, adjusted for tax credits, and are the returns on funds invested at the beginning of the period, with all distributions reinvested and no subsequent withdrawals or additional investments. Returns for periods greater than 1 year are annualised. Returns for periods less than 1 year are not annualised.
- Since 7 September 2012, the cash portion of each fund has been managed using an active investment management style. The returns in previous periods reflect an index tracking investment management style for cash.
Interests in ASB Investment Funds are issued by ASB Group Investments Limited, a wholly owned subsidiary of ASB Bank Limited (ASB). ASB provides administration and distribution services for ASB Investment Funds. No person guarantees interests in ASB Investment Funds. Interests in ASB Investment Funds are not deposits or other liabilities of ASB. They are subject to investment risk, including possible loss of income and principal invested. For more information see the ASB Investment Funds Product Disclosure Statement available from this website and the register of offers of financial products at www.disclose-register.companiesoffice.govt.nz (search for ASB Investment Funds).