ASB KiwiSaver Scheme Returns to Investors
The tables below show the ASB KiwiSaver Scheme returns to investors as at 29 February 2020.
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.
Returns to investors before tax and after fees
(excluding the Administration Fee)
3 months | 6 months | 1 year | 3 years (p.a.) | 5 years (p.a.) | 7 years (p.a.) | 10 years (p.a.) | Since Inception (p.a.) | |
|---|---|---|---|---|---|---|---|---|
NZ Cash Fund | 0.34% | 0.67% | 1.60% | 1.90% | 2.24% | 2.53% | 2.55% | 3.16% |
Conservative Fund | 0.51% | 1.24% | 6.89% | 5.48% | 5.16% | 5.60% | 5.69% | 5.38% |
Moderate Fund | -0.49% | 1.17% | 7.44% | 6.51% | 6.10% | 6.97% | 7.02% | 5.76% |
Balanced Fund | -1.70% | 1.44% | 8.65% | 7.86% | 7.30% | 8.64% | 8.36% | 6.09% |
Growth Fund | -3.21% | 1.15% | 8.57% | 8.72% | 8.23% | 10.05% | 9.41% | 6.19% |
Positive Impact Fund | 0.74% | 2.85% | 1.22% |
Returns to investors after tax and fees
(excluding the Administration Fee and assuming the highest Prescribed Investor Rate (PIR))
3 months | 6 months | 1 year | 3 years (p.a.) | 5 years (p.a.) | 7 years (p.a.) | 10 years (p.a.) | Since Inception (p.a.) | |
|---|---|---|---|---|---|---|---|---|
NZ Cash Fund | 0.25% | 0.48% | 1.15% | 1.37% | 1.61% | 1.82% | 1.83% | 2.23% |
Conservative Fund | 0.18% | 0.90% | 5.57% | 4.45% | 4.06% | 4.44% | 4.41% | 3.96% |
Moderate Fund | -0.71% | 0.82% | 6.44% | 5.56% | 4.99% | 5.78% | 5.68% | 4.32% |
Balanced Fund | -1.78% | 1.08% | 7.94% | 7.03% | 6.18% | 7.41% | 6.99% | 4.66% |
Growth Fund | -3.08% | 0.83% | 8.42% | 8.08% | 7.14% | 8.81% | 8.04% | 4.80% |
Positive Impact Fund | 0.45% | 2.31% | 0.65% |
The returns are calculated on the assumption that all foreign tax credits are fully utilised by the investor.
- Contributions were first invested into the funds on 2 October 2007 (except for the Positive Impact Fund). Contributions were first invested into the Positive Impact Fund on 26 July 2019.
- The returns are calculated on the change in unit 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 no subsequent contributions or withdrawals. 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.
- Prior to 1 April 2011, the management fee was calculated and incorporated into the unit price daily, and deducted from the relevant fund monthly. From 1 April 2011, the management fee has not been incorporated into the unit price or deducted from the fund, but deducted from members accounts monthly. In order to display returns pre and post 1 April 2011 on a comparable basis, the management fee has been factored back in to the returns for the periods from 1 April 2011.
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. Interests in the Scheme 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 KiwiSaver Scheme 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 KiwiSaver Scheme).
