Asb Kiwisaver Scheme
Aggressive Fund
The Smiths take
Aggressive Fund Smiths Rating B
Smiths' editorial rating, our internal opinion based on 10-year returns, fees, and risk band fit. Not a formal credit rating or regulated star rating.
Smiths reviews this fund against every other aggressive option in NZ on net-of-fees returns, total fees, and band fit. The full Sorted snapshot is 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 Aggressive Fund fits your situation.
A 10+ years timeframe
This is a aggressive KiwiSaver fund. The provider's recommended minimum holding period sits in the 10+ 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.
Mostly growth assets
95% growth assets (shares, property) and 5% income assets (bonds, cash). Spread across multiple asset classes.
Snapshot
The headline numbers
Mix
95.47% / 4.53%
Growth / Income · avg 98.25% / 1.75%
Fees
0.75%
$225 on $30k · avg 1.95%
What the provider says
In their own words
“To provide the highest total returns of the Funds allowing for the largest movements of value up and down. The number of years with negative returns are generally expected to be the highest of the funds in the ASB KiwiSaver Scheme. We manage asset allocation and currency hedging over the medium to long term relative to the target investment mix. We focus on cost effective management. The Aggressive Fund invests in income and growth assets with a target investment mix of 6% income assets and 94% growth assets.”
- Fund start date
- 22 November 2023
- 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 95.47% 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.
- Sharesthis fundavg
90.38%
avg 87.94%
- Propertythis fundavg
0.00%
avg 8.38%
- Otherthis fundavg
5.09%
avg 1.93%
- Bondsthis fundavg
4.44%
avg 0.38%
- Cashthis fundavg
0.09%
avg 1.37%
What it owns
Top 10 holdings. 20.62% of the fund
The rest is spread across hundreds of other positions. Full holdings live in the provider's portfolio file.
Nvidia Corp
Shares
International EquitiesUS3.88%Apple Inc
Shares
International EquitiesUS3.01%Microsoft Corp
Shares
International EquitiesUS2.66%Fisher & Paykel Healthcare
Shares
Australasian EquitiesNZ2.15%Alphabet Inc Cap Cl C
Shares
International EquitiesUS1.62%Amazon Com Inc
Shares
International EquitiesUS1.57%Asb Bank Account Nzd
Cash
Cash and Cash EquivalentsNZ1.52%Auckland International Airport Ltd
Shares
Australasian EquitiesNZ1.45%Taiwan Semicon Manufacturing Co Ltd
Shares
International EquitiesTW1.45%Tesla Inc
Shares
International EquitiesUS1.31%
Fees breakdown
What you actually pay
Modelled on a $30,000 balance held for one full year. Each line shows this fund's % and dollar cost vs. the average for funds in the same risk band.
Management
Charged by the fund manager, % of your balance.
0.75%
avg 0.73%
$225
avg $219
+0.02%Other
Other potential costs not in the categories below.
90.38%
avg 87.94%
-
avg -
+2.44%Performance-based
Higher when the fund (or underlying fund) performs well.
0.00%
avg -
$0
avg -
Membership
A flat annual fee, regardless of balance or performance.
0.00%
avg 0.05%
$0
avg $16
−0.05%
Total combined fees
Doesn't include fees for one-off activities like transferring or withdrawing.
0.75%
avg 1.95%
$225
avg $585
Yearly returns
1 years on the books
This fund hasn't had a full five-year history yet. Below is the year-by-year story so far, with the group average alongside.
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 and reasonable fees, 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.
Fund details
The unsexy stats that matter
- Total fund value
- $1,105,219,668
- Members
- 28,751
- Asset liquidity ratio
- 100.00%
- Debt ratio
- 0.00%
- Default KiwiSaver fund
- No
- Fund reference
- FND46903
Manager
Asb Kiwisaver Scheme
Licensed with the Financial Markets Authority.
- NZBN
- 9429039025791
- FSP number
- FSP29024
Smiths Health Check
Is the Aggressive Fund actually the right fund for you?
Take the 90-second Health Check. We'll grade your current setup, tell you what it's costing you, and recommend the best fit from our advised panel, benchmarked against every fund in the directory, not just asb.
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 →