ANZ KiwiSaver

ANZ is one of the largest banks in New Zealand, offering bank accounts, credit cards, insurance, loans, savings accounts and investments.
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If you’re considering opening a KiwiSaver fund with ANZ, check out Canstar’s latest Star Ratings for its products.

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Types of ANZ KiwiSaver funds

ANZ offers seven actively managed KiwiSaver funds, each offering a different level of potential return and targeted to the needs of a different life stage. The funds contain varying mixes of assets, with cash and fixed-interest bonds (income assets) making up most of the conservative funds, and equities (growth assets) making up more of the growth options.

It’s worth noting that the ANZ Growth Fund is by far the biggest KiwiSaver fund by number of members: 252,674. It has net returns for the 10-year period ending 30/06/24: 8.88%.

ANZ Funds

  • High Growth Fund
  • Growth Fund
  • Balanced Growth Fund
  • Balanced Fund
  • Conservative Balanced Fund
  • Conservative Fund
  • Cash Fund

ANZ KiwiSaver also offers a Lifetimes option, which moves your investments through its funds based on your age. As you get close to retirement age, you’ll be invested in lower risk funds (like ANZ’s Conservative Fund, then its Cash Fund), with the aim of reducing the likelihood of your investment losing value.

Eligibility to open an ANZ KiwiSaver account

Most New Zealanders can join KiwiSaver. Find out if you’re eligible on the government’s KiwiSaver website.

How to open an ANZ KiwiSaver account

Apply online on the ANZ website.

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Written by: Bruce Pitchers | Last updated: October 4, 2024