ASB Investment Funds ranked first for 3-year returns in the Moderate fund category (Morningstar, March 2026)*. Plus, with no administration or performance fees, more of your money stays invested.
What's a performance fee? Some providers charge an extra fee when your fund performs well. We don't. We believe top returns should benefit you, not cost you more.
#1 Investment Funds returns
Fund returns
The tables below show the ASB Investment Funds fund returns as at 30 April 2026. 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 | 1.40% | 0.88% | 0.56% | 6.44% | 5.35% | 2.38% | 2.96% | 3.17% |
Conservative Plus Fund | 1.84% | 1.07% | 0.63% | 7.97% | 6.19% | 2.85% | 3.61% | 3.44% |
Moderate Fund | 2.29% | 1.26% | 0.64% | 9.50% | 7.14% | 3.48% | 4.22% | 3.80% |
Balanced Fund | 3.40% | 1.56% | 0.61% | 13.37% | 9.36% | 5.04% | 6.11% | 4.68% |
Growth Fund | 4.56% | 1.96% | 0.67% | 17.30% | 11.21% | 6.39% | 7.59% | 5.22% |
Aggressive Fund | 5.74% | 2.62% | 1.02% | 20.69% | 15.28% | |||
World Shares Fund | 7.50% | 3.54% | -0.27% | 21.61% | 16.26% | 10.56% | 10.92% | 6.74% |
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 | 1.53% | 0.84% | 0.63% | 7.20% | 6.39% | 2.74% | 3.48% | 4.11% |
Conservative Plus Fund | 1.99% | 1.02% | 0.72% | 8.75% | 7.23% | 3.24% | 4.15% | 4.39% |
Moderate Fund | 2.45% | 1.18% | 0.76% | 10.27% | 8.16% | 3.92% | 4.81% | 4.78% |
Balanced Fund | 3.59% | 1.46% | 0.83% | 14.12% | 10.35% | 5.58% | 6.81% | 5.72% |
Growth Fund | 4.78% | 1.84% | 1.02% | 18.08% | 12.18% | 7.04% | 8.38% | 6.27% |
Aggressive Fund | 6.00% | 2.47% | 1.50% | 21.54% | 16.28% | |||
World Shares Fund | 7.95% | 3.39% | 0.45% | 22.55% | 17.17% | 11.14% | 11.65% | 7.70% |
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.
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.
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*Past performance does not guarantee or indicate future performance. Returns may vary over a fund's minimum investment timeframe and longer. Morningstar NZ Multisector Fund Universe (31 March 2026). Morningstar ranked the ASB fund 1st out of 17 funds in the Morningstar New Zealand Multisector Fund Universe data March Quarter 2026 within the Multisector Moderate category for the 3 years to 31 March 2026.
© 2026 Morningstar All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its affiliates or content providers; (2) may not be copied, adapted or distributed; (3) is not warranted to be accurate, complete or timely; and (4) does not constitute advice of any kind, whether investment, tax, legal or otherwise and 5) has been prepared for New Zealand wholesale clients of Morningstar Research Ltd, subsidiary of Morningstar, Inc and is not intended for New Zealand retail clients. Neither Morningstar nor its content providers are responsible for any damages arising from the use and distribution of this information. Past performance is no guarantee of future results.
Important notes on fund return tables
- 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.
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).