Managed Funds
Low fees, no minimum investment and no lock-in period.
Grow your money with Managed Funds
It’s the smart, easy, low-cost way to make your money work hard for you. With no minimum investment and the flexibility to withdraw when you need to, AMP Managed Funds can help you to achieve your big goals, small goals and everything in between. Start investing in your future now.
No lock-in period
You control which funds you invest in and when you make withdrawals.
Low fees
Pay a low fee of 0.78-0.81% per year* and that’s it.
No minimum investment
You choose how much you want to invest and which funds you want to invest in.
Now available: AMP high growth managed funds
Prepared to take on more risk for the potential of higher returns? You're in luck!
Our Aggressive Fund and International Shares Fund are now available through AMP Managed Funds. With all the same great features as our other AMP Managed Funds, it’s still the smart, easy, low-cost way to make your money work hard for you - now with more options!
Managed fund types, fees and returns
With the help of BlackRock (the largest investment manager in the world), we offer five sustainably invested, low-cost funds to suit your investment goals, risk appetite and timeframe. The below table summarises the estimated fees and returns - select "track fund history" for more performance information.
Read more about our managed fund types or fees and how they apply.
Fund type:
Sort by:
Annual fund charges: 0.81%*
Annual fund charges: 0.79%*
Annual fund charges: 0.78%*
Annual fund charges: 0.79%*
Annual fund charges: 0.79%*
Inception Date: For the AMP Growth Managed Fund, AMP Balanced Managed Fund and AMP Conservative Managed Fund is 18 May 2022 .
Inception Date: For the AMP Aggressive Managed Fund and AMP International Shares Managed Fund is 21 October 2024.
Fees and returns are as at 31 October 2024 and are after total fund charges and before tax. Past performance is not indicative of future performance (view Product Disclosure Statement)
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Invest in an AMP Managed Funds account and be in to win $5,000!
Every $10 invested in your AMP Managed Funds account entitles you to one entry into the draw.
Deal closes 3 December 2024 - T&Cs apply.
Which investment strategy is right for you?
Conservative strategy
Aims to achieve modest to medium returns. You may choose this strategy if you seek growth but are cautious and are willing to accept small movements up and down in the value of your investments.
Balanced strategy
Aims to achieve medium returns. You may choose this strategy if you seek medium to high returns and are willing to accept some fluctuations in the value of your investments.
Growth strategy
Aims to achieve medium to high returns. You may choose this strategy if you seek higher returns in the long term and are willing to accept larger movements up and down in the value of your investments.
Frequently-asked questions
How managed funds work
Managed funds are an investment option to help you save. In a managed fund, your money is pooled with other investors’ money to create greater buying power, giving you access to investment opportunities you may not have as an individual investor.
Unlike a term deposit, a managed fund doesn’t provide a fixed rate of return over a period. This means your return can vary from year to year, and there’s also the risk you could receive less back than what you originally invested.
Find out more about how to invest in managed funds.
How much does it cost?
There’s an estimated annual fund fee of from 0.78% - 0.81%. The fee is expressed as a percentage of the net asset value and has two parts: a fixed management fee (0.74%), and costs and expenses (estimated at between 0.04-0.07% depending on the fund).
Example: Sam invests $1,000 in the AMP Growth Managed Fund at the start of the year and remains an investor at the end of the year. If her balance stays the same, estimated annual fund charges for the year will be about $7.90 (0.79% of $1,000) for the year. These fees might be more or less if her account balance increased or decreased over the year.
Find out more information about AMP Managed Funds fees and how they are applied.
How much tax will I pay?
When you invest in AMP Managed Funds, your Prescribed Investor Rate (PIR) is used to calculate the tax you will pay on your investment. The current tax rates are 10.5%, 17.5% and 28%. This rate is determined on your income. Use our guide to determine your PIR.
What are the risks of investing?
All investments have some degree of risk. This includes the level of uncertainty and the potential losses associated with an investment decision. To help you clarify your own attitude to risk, you can seek financial advice or work out your risk profile at sorted.org.nz.
Learn more about market volatility and what factors can affect markets.
People aged 18 and over and who are either a New Zealand citizen or live (or normally live) in New Zealand are eligible to open an AMP Managed Funds account.
We currently only offer AMP Managed Funds to individual investors, meaning you cannot open an account with your partner, child or family trust.
Contributions can be made by setting up a regular or one-off direct debit through MyAMP. Under AMP Managed Funds go to the “Top-up” button and follow the instructions.
If you’d like to change or cancel a direct debit you have already set up, you will need to contact AMP directly.
Register for MyAMP
It's easy to make withdrawals from your AMP Managed Funds account. Select the "Withdraw" button in MyAMP app. You can select any amount you wish to withdraw from the relevant fund. After verifying your ownership of the bank account, we will pay the money to that bank account.
There is no set minimum balance so you can withdraw any amount and as often as you like from your AMP Managed Funds account. There are currently no withdrawal fees.
Yes, you can change your funds within AMP Managed Funds. To do this you can make a change request through the “change funds” feature in MyAMP Online.
A switch is treated as a withdrawal of units from one fund and an application for new units in another fund. When a change request is submitted, we will withdraw the units you hold from one fund and buy the units from the new fund for your requested amount .
For more information on fees click here.
For returns and unit prices since inception click here.
Your investment fund balance =
Your Contributions +/- returns - fees +/- taxes - withdrawals
Investment returns and unit prices can be viewed on our website.
View terms and conditions for AMP Managed Funds.
More information can be found in the AMP Managed Funds Product Disclosure Statement, Statement of Investment Policy and Objectives (SIPO), and Other Material Information documents.
When thinking about how to choose what fund to invest in, a good place to start is to think about what you want to achieve and by when. Having investment goals provide the short-term motivation needed to achieve our long-term objectives. Find out more about why it's important to have investment goals.
Eligibility criteria:
You must:
- be an individual investor and be at least 18 years old, and
- are either a NZ citizen or live in (or normally live in) New Zealand.
* The estimated total annual fund charges noted above are expressed as a percentage of the net asset value. They comprise a fixed management fee (0.74%) and the estimated costs and expenses charged by the underlying funds (0.04-0.07% depending on the fund). Please consult the Product Disclosure Statement and the Other Material Information document for the relevant product for full details about applicable fees.