Step through our tool to see if investing in ASB Investment Funds might be right for you.
What is ASB Investment Funds?
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.
Getting started with investing
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.
Benefits at a glance
- Six 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?
Which funds are available?
Discover the fund that's 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.
Explore your investment options with Wealth Central
Wealth Central is your home for tracking your savings and investments. The tool brings all your savings and investments together - making it easier for you to track, grow and make smart moves with your money.
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 may 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 (currently none).
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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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What are annual fund charges?
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:
- 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 funds and
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.
Get started today
01. Is investing 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. To invest, you’ll need a minimum initial deposit of $2000.
04. View
View your investment through FastNet Classic internet banking.
Helpful guides
Invest now with ASB
We're here to help you
Frequently asked questions
Manage your investments
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).
