# ANZ Investments OneAnswer Balanced Growth Fund > Mechanical fund record. Sourced from the FMA Disclose register. ManagedFundsNZ does not give financial advice and does not publish opinion-based ratings. - **Manager:** ANZ Investments (ANZ New Zealand Investments Limited) - **Asset class:** Diversified Funds - **Risk profile:** balanced growth - **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 ANZ Investments OneAnswer Balanced Growth Fund is a diversified managed fund run by ANZ Investments. Asset-management arm of ANZ NZ; runs the OneAnswer multi-fund range. ## Investment objective (from PDS) > Over the long term moderate to high returns, allowing for moderate to large ups and downs in value. Source: Product Disclosure Statement dated 2025-10-21 (Tier A, lodged on FMA Disclose register). https://smartinvestor.sorted.org.nz/disclose-document/mdoa7e58d2ccc3267cfd4ff6568a65ca944/One-Answer-SAC-Funds-PDS-23-October-2025.pdf ## Fund data - **Annual fund charge:** 0.95% p.a. (from the latest Quarterly Fund Update) - **5-year return (after charges, after tax at 28% PIR):** 3.69% p.a. - **Risk indicator:** 4/7 on the FMA-mandated standardised scale (1 = lower risk, 7 = higher risk) - **Fund size (AUM):** NZ$46 million - **Asset mix:** 78% growth assets · 22% income assets - **Fund started:** 28 February 1993 ## Top 10 holdings 1. Nvidia Corporation — 1.66% 2. Apple Inc — 1.48% 3. Fisher and Paykel Healthcare — 1.46% 4. FNMA 30Yr Conventional 150534 0.00 TBA — 1.05% 5. Microsoft Corporation — 0.93% 6. Bank Deposit (USD BNP) — 0.90% 7. Infratil Ltd — 0.83% 8. Auckland International Airport — 0.82% 9. Contact Energy Ltd — 0.77% 10. Amazon Com Inc — 0.72% 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 | 6.5% | 0% | 27% | | New Zealand fixed interest | 11.3% | 0% | 31% | | International fixed interest (Australia) | 0% | 0% | 20% | | International fixed interest (International) | 19.2% | 0% | 39% | | Other (Alternatives - income) | 0% | 0% | 10% | | Income assets (total) | 37% | 17% | 57% | | Listed property (Australasia) | 0% | 0% | 10% | | Listed property (International) | 0% | 0% | 10% | | Australasian equities (New Zealand) | 11.7% | 0% | 38% | | Australasian equities (Australia) | 6.6% | 0% | 38% | | International equities (Developed) | 40.2% | 20% | 60% | | International equities (Emerging markets) | 4.5% | 0% | 15% | | Other (Infrastructure) | 0% | 0% | 10% | | Other (Alternatives - growth) | 0% | 0% | 10% | | Growth assets (total) | 63% | 43% | 83% | ### Responsible-investment approach Responsible investment factors in people, society and the environment along with financial performance. The three core components are: (1) exclusions of some companies and industries based on involvement in areas of harm or breaching global norms; (2) ESG integration into evaluation of companies invested in or considered; and (3) stewardship through engagement and proxy voting. Investments are not made based solely on ESG factors. ### Derivatives policy Derivatives are used to reduce investment risks such as currency risk, or as an efficient way to gain exposure to an asset or asset class (e.g. equity futures). Use is carefully managed within defined limits set out in the Derivatives Framework, and derivative counterparties must meet minimum credit ratings. Source: Statement of Investment Policy and Objectives dated 2025-10-21. https://smartinvestor.sorted.org.nz/disclose-document/mdo9af04e7f2d576689d8431c8b1f3f2ed2/One-Answer-Single-Asset-Class-Scheme-SIPO-23-October-2025.pdf ## How to invest Available via: ANZ Investments 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=ANZ%20Investments%20OneAnswer%20Balanced%20Growth%20Fund - **Product Disclosure Statement:** /disclose-document/mdoa7e58d2ccc3267cfd4ff6568a65ca944/One-Answer-SAC-Funds-PDS-23-October-2025.pdf - **Sorted Smart Investor** (cross-validation): https://smartinvestor.sorted.org.nz/kiwisaver-and-managed-funds/SCH11065/OFR11077/FND2212/ - **Manager website:** https://www.anz.co.nz/personal/investing-kiwisaver ## 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/anz-investments/oneanswer-balanced-growth/ - **Markdown (this file):** https://managedfunds.nz/funds/anz-investments/oneanswer-balanced-growth/markdown.md - **Structured data (JSON):** https://managedfunds.nz/funds/anz-investments/oneanswer-balanced-growth/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.