# AMP Aggressive Managed Fund > Mechanical fund record. Sourced from the FMA Disclose register. ManagedFundsNZ does not give financial advice and does not publish opinion-based ratings. - **Manager:** AMP (AMP Wealth Management New Zealand Limited) - **Asset class:** Diversified Funds - **Risk profile:** aggressive - **Structure:** NZ Portfolio Investment Entity (PIE) — investor tax capped at PIR (max 28%) - **Confidence tier:** C (Sorted Smart Investor → FMA Disclose) - **Last verified:** 2026-05-22 ## Summary The AMP Aggressive Managed Fund is a diversified managed fund run by AMP. Long-established Australasian wealth manager with a NZ retail managed-fund range. ## Investment objective (from PDS) > To achieve high returns – in exchange there will be larger movements up and down in the value of your investments. To provide a well-diversified portfolio that aims to provide growth, primarily through holding growth assets. The fund has a low allocation to income assets. Source: Product Disclosure Statement dated 2025-05-19 (Tier A, lodged on FMA Disclose register). https://smartinvestor.sorted.org.nz/disclose-document/mdo067ce037cf28149742df8c20014ad0ac/AMP-Managed-Funds-Product-Disclosure-Statement.pdf ## Fund data - **Annual fund charge:** 0.80% p.a. (from the latest Quarterly Fund Update) - **Risk indicator:** 4/7 on the FMA-mandated standardised scale (1 = lower risk, 7 = higher risk) - **Fund size (AUM):** NZ$12 million - **Asset mix:** 98% growth assets · 2% income assets - **Fund started:** 21 October 2024 ## Top 10 holdings 1. NVIDIA Corp — 2.84% 2. Fisher & Paykel Healthcare Corporation Limited — 2.81% 3. Apple Inc — 2.51% 4. Auckland International Airport Limited — 1.78% 5. Microsoft Corp — 1.71% 6. Infratil Limited — 1.49% 7. Taiwan Semiconductor Manufacturing Company Ltd — 1.46% 8. Amazon.Com Inc — 1.40% 9. Contact Energy Limited — 1.17% 10. Alphabet Inc Class C — 1.09% Holdings are disclosed in every Quarterly Fund Update; the full portfolio holdings file is available via the FMA Disclose register. ## Additional terms (from PDS) - **Distribution cadence:** No distributions (accumulating) ## Investment policy (from SIPO) ### Strategic asset allocation ranges | Asset class | Target | Min | Max | | --- | ---: | ---: | ---: | | Cash and cash equivalents | 1% | 0% | 11% | | New Zealand fixed interest | 3.5% | 0% | 13.5% | | International fixed interest | 2% | 0% | 12% | | Total Income Assets | 6.5% | 0% | 16.5% | | Australasian equities | 20% | 10% | 30% | | International equities | 65% | 55% | 75% | | Other (infrastructure) | 8.5% | 0% | 18.5% | | Total Growth Assets | 93.5% | 83.5% | 100% | ### Responsible-investment approach The Manager applies a Sustainable Investment Philosophy with four pillars: Support the good, Avoid the bad, Reduce our carbon footprint, and Advocate for change. Exclusions are applied via mandate covering controversial weapons, civilian firearms, military weapons, fossil fuels, thermal coal power generation, nuclear power, tobacco, palm oil, whale products, UN Global Compact violators, primary industry GICS exclusions, NZ Super Fund exclusions, and Russian Federation securities. A significant ownership filter excludes companies owning 10–50% of excluded entities where total exclusion applies. ### Derivatives policy Derivatives may be used for risk management or to optimise investment strategy implementation. Each fund (and any underlying fund) is permitted to hold derivatives for currency hedging and other risk management purposes, and derivatives related to each asset class so long as total market exposure remains within permitted asset allocation ranges. ### Exclusions - Controversial weapons (anti-personnel mines, biological/chemical weapons, cluster weapons, nuclear weapons, depleted uranium, white phosphorus) - Civilian firearms producers and distributors >5% revenue - Military weapons >5% revenue - Fossil fuels (arctic oil & gas, oil & gas, oil sands, shale energy, thermal coal) - Power generation from thermal coal >5% revenue - Nuclear power >5% electricity generation - Tobacco producers and distributors >5% revenue - Palm oil producers and distributors - Whale meat production - UN Global Compact violators - Primary industry GICS exclusions (coal, integrated oil & gas, oil & gas drilling, oil & gas equipment, oil & gas exploration and production, tobacco) - NZ Super Fund exclusion list - Securities issued by or traded on Russian Federation Source: Statement of Investment Policy and Objectives dated 2025-05-29. https://smartinvestor.sorted.org.nz/disclose-document/mdo1a78b358ae2a2d638676ad90ef76203f/AMP-Managed-Funds-Statementof-Investment-Policyand-Objectives.pdf ## Scheme disclosures (from OMI) Scheme-level. The same disclosures apply to every fund in this scheme. - **Trustee / Supervisor:** Public Trust - **Conflicts of interest disclosed in OMI:** 2 ### Conflicts of interest (verbatim from OMI) - AMP Services (NZ) Limited is a related company of AMP Wealth Management New Zealand Limited and is paid from the management fee to perform administration functions; AMP may at any time agree with AMP Services to change the fee paid to them. - AMP Limited's Conflicts Management Policy provides principles for managing conflicts of interest within AMP, acknowledging the potential for conflicts arising from related-party arrangements within the group. ### Related-party transactions - **AMP Services (NZ) Limited** (Related company of the Manager) — Administration manager of the Scheme; performs administration functions delegated by AMP. Paid from the management fee. - **BlackRock Investment Management (Australia) Limited** (Investment management partner (not stated as related party)) — Investment management services for underlying funds managed by AMP; also exercises voting and engagement stewardship rights on behalf of AMP. - **AMP Limited** (Ultimate holding company of AMP Wealth Management New Zealand Limited) — Ultimate parent; governance procedures established by AMP Limited apply to AMP. Source: Other Material Information document dated 2025-05-22. https://smartinvestor.sorted.org.nz/disclose-document/mdo408460c87fb87e6b86051b0062e4efa9/AMP-Managed-Funds-Other-Material-Information.pdf ## How to invest Available via: AMP directly. Read the current Product Disclosure Statement (PDS) before investing. ## Sources - **FMA Disclose register** (primary): https://disclose-register.companiesoffice.govt.nz/search?searchType=ALL&q=AMP%20Aggressive%20Managed%20Fund - **Product Disclosure Statement:** /disclose-document/mdo067ce037cf28149742df8c20014ad0ac/AMP-Managed-Funds-Product-Disclosure-Statement.pdf - **Sorted Smart Investor** (cross-validation): https://smartinvestor.sorted.org.nz/kiwisaver-and-managed-funds/SCH13265/OFR13331/FND51805/ - **Manager website:** https://www.amp.co.nz ## Citations (authoritative primary sources) - FMA Disclose register — https://disclose-register.companiesoffice.govt.nz/ (publisher: Financial Markets Authority, NZ) - Inland Revenue — PIE / PIR rules — https://www.ird.govt.nz/roles/portfolio-investment-entities - Financial Markets Conduct Act 2013 — https://www.legislation.govt.nz/act/public/2013/0069/latest/DLM4090578.html - Sorted Smart Investor (cross-validation only) — https://smartinvestor.sorted.org.nz/ ## This file - **Canonical HTML:** https://managedfunds.nz/funds/amp/aggressive-managed/ - **Markdown (this file):** https://managedfunds.nz/funds/amp/aggressive-managed/markdown.md - **Structured data (JSON):** https://managedfunds.nz/funds/amp/aggressive-managed/data.json - **First published:** 2026-05-08 - **Last refreshed:** 2026-05-22 - **Reuse licence:** citation with link back to the canonical HTML is granted. No paid redistribution. Full terms: https://managedfunds.nz/llms-policy.txt --- ManagedFundsNZ is independent. We are not a Financial Advice Provider. This page is general information sourced from the FMA Disclose register; it is not personalised financial advice. Read the current PDS and consider talking to a licensed adviser before investing.