Amp Kiwisaver Scheme

Global Select Balanced Growth Fund

Growth·KiwiSaver fund·Risk 4/7

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The Smiths take

Global Select Balanced Growth Fund Smiths Rating B+

Smiths' editorial rating, our internal opinion based on 10-year returns and risk band fit. Not a formal credit rating or regulated star rating.

The fund matches the group average on 5-year returns. Read the full breakdown below.

General information only · Past performance is not a reliable indicator of future performance · For personal advice please contact us.

At a glance

This fund is for investors seeking

Three quick reads for whether the Global Select Balanced Growth Fund fits your situation.

A 7+ years timeframe

This is a growth KiwiSaver fund. The provider's recommended minimum holding period sits in the 7+ years range.

A moderate-risk investment

Sorted's risk indicator places this at 4 on a 1–7 scale. Moderate volatility. meaningful ups and downs but not extreme.

Growth-leaning mix

68% growth assets (shares, property) and 32% income assets (bonds, cash). Spread across multiple asset classes.

Snapshot

The headline numbers

Mix

68.30% / 31.70%

Growth / Income · avg 77.80% / 22.20%

5-yr return

5.25%

Annualised, after fees & 28% PIR · avg 5.25%

Past performance is not a reliable indicator of future performance. Data as at Q1 2026 (31 Mar 2026).

What the provider says

In their own words

“The fund is a well-diversified portfolio that aims to provide growth, primarily through holding diversified growth assets with a lower allocation to lower-risk income assets. The fund aims to achieve medium to high returns, in exchange there will be larger movements up and down in the value of the investments.”

Fund start date: 1 October 2007
Withdrawal rules: This is a KiwiSaver fund. generally you can withdraw only to purchase a first home, after the age of 65, or in cases of significant financial hardship.

Asset mix

What this fund actually holds

Growth assets are 68.30% of the fund, income assets the rest. The mix is the latest snapshot from Sorted, with the average for this risk band's KiwiSaver funds shown alongside.

Asset class

This fund · avg

Allocation

Shares
this fund
avg
51.80%
avg 71.16%
Property
this fund
avg
2.00%
avg 4.53%
Other
this fund
avg
14.50%
avg 2.11%
Bonds
this fund
avg
28.20%
avg 17.08%
Cash
this fund
avg
3.50%
avg 5.12%

What it owns

Top 10 holdings. 21.18% of the fund

The rest is spread across hundreds of other positions. Full holdings live in the provider's portfolio file.

Asset

Type

Country

% of fund

Ishares Core Ftse Global Infrastructure (Aud Hedged) Etf
Other
Other
AU
4.02%
Ishares Physical Gold Etc
Shares
International Equities
IE
3.08%
Cash & Equivalents
Cash
Cash and Cash Equivalents
AU
2.06%
Ishares Core Ftse Global Property Ex Australia (Aud Hedged) Etf
Other
Other
AU
2.01%
Microsoft Corp
Shares
International Equities
US
1.94%
Apple Inc
Shares
International Equities
US
1.86%
Nvidia Corp
Shares
International Equities
US
1.85%
New Zealand Government Bond - Maturing 20 Sep 2035
Bonds
New Zealand Fixed Interest
NZ
1.52%
Fisher & Paykel Healthcare Corporation Limited
Shares
Australasian Equities
NZ
1.46%
Amazon.Com Inc
Shares
International Equities
US
1.38%

Yearly returns

5.25% per year over 5 years

Each bar is the 12-month return ending in March, after fees and 28% PIR. Past performance is not a reliable indicator of future performance.

Returns: living in the past

Seeking returns is the point of investing, but the ones shown above are already gone. they won't continue. Pick a fund based on the right mix for your situation, not on past returns.

Risk indicator

Sorted risk rating: 4 of 7

The Sorted risk indicator is calculated from the last 5 years of price volatility. Higher = more ups and downs but typically higher long-term returns.

Lower risk · lower returnsHigher risk · higher returns

Fund details

The unsexy stats that matter

Total fund value: $382,819,204
Members: 6,184
Asset liquidity ratio: 100.00%
Debt ratio: 0.10%
Default KiwiSaver fund: No
Fund reference: FND137

Manager

Amp Kiwisaver Scheme

Licensed with the Financial Markets Authority.

NZBN: 9429038259210
FSP number: FSP25061

Smiths Health Check

See whether the Global Select Balanced Growth Fund fits your situation.

Take the 90-second Health Check. We'll grade your current setup and give you a personalised recommendation from our advised panel, benchmarked against every fund in the directory, not just amp.

Our directory covers every NZ KiwiSaver fund. Our advice panel is five schemes (ANZ, Booster, Fisher Funds, Generate, Milford); recommendations land on four funds across Milford and Booster — how we're paid →

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