Your investments will now benefit from global expertise to maximise the value we deliver to our customers. Our new partnership with BlackRock, the world's largest investment management firm, will enhance our investment offering and give our customers even better investment outcomes - which is all good news for you.
Their job is to choose the right asset classes for your investments and manage our currency positions - the two things that make the biggest impact on your returns.
ASB Investment Funds is a managed investment scheme. This means investors' money is pooled and collectively invested in a range of assets. There are six different funds available through ASB Investment Funds and each fund invests in a different mix of income and growth assets and are suited for different investment timeframes.
The returns you receive depend on the investment decisions made and the performance of the investments held by your chosen fund. The value of the investments may go up or down. This is called volatility. To read more about volatility, check out this blog.
To invest, you'll need a minimum initial deposit of $2000. You can access your funds whenever you like, although ASB Investment Funds is suitable for longer term investing of 3 years or more. If you’re likely to need to withdraw your investment before this time, check out our Savings accounts and Term investment pages to help you decide which option is right for your goals.
Investing is all about making the most of your money, and finding the right type of investment for you is important. If you’re thinking about getting started, we’ve put together a handy guide to help you explore your options. Check out the guide on the basics of investing.
Step through our tool to see if investing in ASB Investment Funds might be right for you.
Choosing the right fund is an important part of achieving your investment goals. Use our help me choose comparison page to find out which fund might suit you.
View the latest market review and recent returns for the funds in ASB Investment Funds.
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 may be charged in two ways:
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Fund
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Annual fund charges
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Conservative Fund
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Conservative Plus Fund
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Moderate Fund
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Balanced Fund
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Growth Fund
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Positive Impact Fund
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The annual fund charges in the table above are an estimated percentage of the net asset value of the fund.
The annual fund charges are:
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.
More information about fees can be found in the ASB Investment Funds Product Disclosure Statement and the Other Material Information document.
Step through our tool here.
Go through our help me choose comparison page to find the right fund for you.
Apply through our online application. To invest, you’ll need a minimum initial deposit of $2000.
View your investment through FastNet Classic internet banking.
ASB Wealth Managers' disclosure statements are available on request and free of charge from your ASB Wealth Manager.
A Product Disclosure Statement for ASB Investment Funds has been lodged with the Registrar of Financial Service Providers. It is available from this website, or you can obtain a copy by emailing invest@asb.co.nz
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. Fees may change. 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.disclose-register.companiesoffice.govt.nz (search for ASB Investment Funds).
