i

Compare ASB KiwiSaver Scheme funds

Not sure which fund might be right for you and your KiwiSaver savings? Before deciding, it’s a good idea to compare ASB KiwiSaver Scheme funds to work out which investment strategy may suit you.

What makes a fund different from another?

While all ASB KiwiSaver Scheme funds aim to help you grow your savings, each has a different way of achieving this.

The proportion of asset categories each fund invests in - is what makes them different and what you should look at when comparing the funds. This also determines if it’s a low risk or high risk investment (the fund’s risk and return profile) and if it’s suitable for a short-term or long-term investment timeframe. Use our Help me choose tool to work out which fund might be best for you.

At a very high level, there are two types of asset categories - income assets and growth assets.

Income assets

Income assets are investments like bank deposits and Government bonds. Low-risk funds usually have a high proportion of income assets.

Growth assets

Growth assets include shares and listed property. They sometimes have very high returns, and at other times might not grow at all, or even drop in value. High-risk funds typically have a high proportion of growth assets.

Our funds

NZ Cash Fund

With a 100% investment in cash and cash equivalents, the NZ Cash Fund offers the lowest investment risk and potential return profile of all the ASB KiwiSaver Scheme funds.

Conservative Fund

Offering a lower risk and return profile among the ASB KiwiSaver Scheme funds, the Conservative Fund targets an 80% investment in income assets and a 20% investment in growth assets.

Moderate Fund

Offering a higher risk and return profile than the Conservative fund, the Moderate Fund targets a 60% investment in income assets, and 40% investment in growth assets.

Balanced Fund

Offering a higher risk and return profile than the Moderate Fund, the Balanced Fund targets a 60% investment in growth assets, and 40% investment in income assets.

Growth Fund

Offering the highest risk and return profile among the ASB KiwiSaver Scheme funds, the Growth Fund targets an 80% investment in growth assets, and 20% investment in income assets.

Compare fees

You will be charged fees for investing in the ASB KiwiSaver Scheme. 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).
Fund
Annual fund charges
Other charges
NZ Cash Fund
Conservative Fund
Moderate Fund
Balanced Fund
Growth Fund

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 cover our management fee.

The administration fee is charged at $2.50 each month.

We reduce your investment each month to pay for the fees.

Currently no GST or other tax is payable on the fees. If that changes, any GST or other tax will be added to the fees.

For more information about fees, refer to the ASB KiwiSaver Scheme Product Disclosure Statement or the register of offers of financial products at www.business.govt.nz/disclose (search for ASB KiwiSaver Scheme)

Apply for the ASB KiwiSaver Scheme

Apply online

Ready for the next step? Apply online and start saving.

Apply online

Call us

Speak to a KiwiSaver specialist. 

0800 ASB RETIRE (0800 272 738)

Visit a branch

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

Find a branch

Any questions?

We’ll help with your ASB KiwiSaver Scheme query.

Ask us now

The information on this page has been prepared without taking account of your objectives, financial situation or needs. The information does not constitute personalised advice. You should seek independent investment advice.

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.business.govt.nz/disclose (search for ASB KiwiSaver Scheme).

ASB KiwiSaver Scheme Compare ASB KiwiSaver Scheme funds