Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 


ANZ Investments achieves highest rating to date

ANZ Investments achieves highest rating to date for all three KiwiSaver schemes from Morningstar


Silver rating for multi-asset class funds

ANZ Investments has received a silver rating for all of the multi-asset class funds in its three KiwiSaver schemes, from one of the leading international investment researchers, Morningstar.

After a 12-month review of ANZ Investments’ funds, Morningstar concluded ‘ANZ Investments’ KiwiSaver schemes continue to set the standard for multi-sector investing in New Zealand…we believe they are among the best KiwiSaver options in New Zealand.’

ANZ Wealth Managing Director, John Body said “this is a fantastic achievement and recognises the experience and disciplined processes of our investment management

business. Whether investors chose a conservative, balanced or a growth fund, ANZ Investments funds have a silver rating, ranking them among the best in the country.”

Until this year, bronze was the highest rating achieved by multi-asset class funds in a KiwiSaver scheme.

Commenting on the review, Morningstar also stated “We consider the firm's knowledge and stable team and the time-tested and repeatable investment process to be truly competitive advantages. We believe these will continue to add value and provide thefoundations for healthy future performance.”

ANZ Investments is New Zealand’s largest KiwiSaver provider in terms of members and funds under management, with more than 585,000 members and $4.8 billion in FUM.

”Along with delivering a strong track record of investment performance we’re making it easier for people to understand how KiwiSaver can help them live more comfortably in retirement with tools like the ANZ FutureWise website.”

ANZ Investments has a gold star rating from Morningstar for its single-asset class, International Share Fund in the OneAnswer KiwiSaver scheme.

Ends

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Keep Digging: Seabed Ironsands Miner TransTasman Tries Again

The first company to attempt to gain a resource consent to mine ironsands from the ocean floor in New Zealand's Exclusive Economic Zone has lodged a new application containing fresh scientific and other evidence it hopes will persuade regulators after their initial application was turned down in 2014. More>>

Wool Pulled: Duvets Sold As ‘Premium Alpaca’ Mostly Sheep’s Wool

Rotorua business Budge Collection Limited (Budge) and sole director, Sun Dong Kim, were convicted and fined a total of $71,250 in Auckland District Court after each pleading guilty to four charges of misrepresenting how much alpaca fibre was in their duvets. More>>

Reserve Bank: Labour Calls For Monetary Policy To Expand Goals

Labour's comments follow a speech today by RBNZ governor Graeme Wheeler in which Wheeler sought to answer critics who variously say he should stop lowering interest rates, lower them faster, or that inflation-targeting should no longer be the primary goal of the central bank's activities. More>>

ALSO:

BSA Extension And Sunday Morning Ads: Digital Convergence Bill Captures Online Content

Broadcasting Minister Amy Adams has today announced the Government’s plans to update the Broadcasting Act to better reflect today’s converged market... The Government considered four areas as part of its review into content regulation: classification requirements, advertising restrictions, election programming and contestable funding. More>>

ALSO:

March 2017: Commerce Commission Delays Decision On Fairfax-NZME

The Commerce Commission has delayed its decision on the proposed merger between NZME and Fairfax Media's New Zealand assets, saying the deal is complex and it needs more time to assess the impact on both news content and the advertising market. More>>

ALSO:

Plan Plan: Permanent Independent Hearings Panel Proposed For Planning

The Productivity Commission recommends creating a permanent independent hearings panel like the one that cut through local politics to settle Auckland’s Unitary Plan, for the whole country. More>>

ALSO:

Statistics: NZ Jobless Rate Falls To 5.1% Under New Methodology

New Zealand's unemployment rate fell more than expected in the second quarter as Statistics New Zealand adopted a new way of measuring the labour market to bring the country in line with international practices, and while a growing economy continued to support jobs growth. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news