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ASB Investment Funds

ASB Investment Funds is a managed investment scheme, and because it's a Portfolio Investment Entity (PIE) it can also improve your after-tax returns.

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Benefits at a glance

  • Five funds - each has a different risk and reward profile and investment strategy
  • As Portfolio Investment Entities (PIEs), ASB Investment Funds' returns are taxed at a maximum of 28%. If your income tax rate is 30% or 33%, this can improve your after-tax returns
  • All the funds use a diversified mix of local and international investments
  • If you bank with ASB, you can also see your fund's performance online in FastNet Classic internet banking

Is it right for me?

Is investing right for me?

Step through our tool to see if investing in ASB Investment Funds is right for you.

Is it right for me

Which funds are available?

View the latest market review and recent returns for the funds in ASB Investment Funds.

 

Fees

You will be charged fees for investing in ASB Investment Funds. Fees are deducted from your investment and will reduce your returns. If we invest in other funds, those funds may also charge fees. The fees you pay will be charged in two ways:

  • regular charges (for example, annual fund charges). Small differences in these fees can have a big impact on your investment over the long term;
  • one-off fees (for example, a contribution fee).
Fund
Annual fund charges
Contribution fee
Conservative Fund
Conservative Plus Fund
Moderate Fund
Balanced Fund
Growth Fund

Annual fund charges

The annual fund charges in the table above are an estimated percentage of the net asset value of the fund, based on actual fund charges for the year ending 31 March 2016.

The annual fund charges are:

  • our management fee and
  • the supervisor's fee and
  • costs and expenses (other than trading costs) of:
    • the funds and
    • other funds managed by us (ASB Wholesale Funds) that the funds directly invest in and
    • other funds that the ASB Wholesale Funds directly invest in.

The annual fund charges are charged each day to the fund or underlying fund.

GST is currently payable on the supervisor’s fee, costs and expenses and on 10% of the management fee. GST will be added to the fees, together with any other taxes that may be payable in the future.

Contribution fee

The contribution fee is payable on amounts that you invest in ASB Investment Funds unless we tell you otherwise. It will be taken from any lump sum or regular payment you make. You do not pay a contribution fee when you switch between funds.

More information about fees can be found in the Other Material Information document and the ASB Investment Funds Product Disclosure Statement.

Get started today

01. Is it right for me?

Step through our tool here.

02. Discover

Go through our help me choose comparison page to find the right fund for you.

03. Join

Apply through our online application.

04. View

View your investment through FastNet Classic internet banking.

Guides to get you there

Invest now with ASB

Apply online

Apply through our online application form.

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Call us

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0800 108 084

Visit a branch

Visit us at one of our many branches across New Zealand.

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Premium or Private Banking

If your investment needs go beyond the everyday, you might qualify for Premium or Private Banking. Get a dedicated Private or Premium Banker on call to help you with your complex banking needs, plus access to key specialists across the ASB Group.

ASB Wealth Managers' disclosure statements are available on request and free of charge from your ASB Wealth Manager.

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 Fund Product Disclosure Statement available from this website and the register of offers of financial products at www.business.govt.nz (search for ASB Investment Funds).

Investment advice ASB Investment Funds