# ANZ Investments OneAnswer Conservative 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:** conservative
- **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 Conservative Fund is a diversified managed fund run by ANZ Investments. Asset-management arm of ANZ NZ; runs the OneAnswer multi-fund range.

## Fund data

- **Annual fund charge:** 0.63% p.a. (from the latest Quarterly Fund Update)
- **5-year return (after charges, after tax at 28% PIR):** 1.62% p.a.
- **Risk indicator:** 3/7 on the FMA-mandated standardised scale (1 = lower risk, 7 = higher risk)
- **Fund size (AUM):** NZ$104 million
- **Asset mix:** 23% growth assets · 77% income assets
- **Fund started:** 15 April 2010

## Top 10 holdings

1. FNMA 30Yr Conventional 150534 0.00 TBA — 1.92%
2. NZ Government Stock 15/05/2035 4.50 — 1.12%
3. Westpac Banking NZ Floating Rate Note 06/07/2026 — 1.05%
4. NZ Government Bond 15/05/2036 4.25 — 0.97%
5. NZ Government Bond 14/04/2033 3.50 — 0.93%
6. NZ Government Bond 15/05/2034 4.25 — 0.90%
7. Westpac Banking Term Deposit 04/08/2026 2.995 — 0.89%
8. Westpac Banking Registered Certificate of Deposit 01/04/2026 — 0.86%
9. Rabobank Nederland NZ Floating Rate Note 05/04/2027 — 0.82%
10. NZ Government Bond 15/05/2032 2 — 0.76%

Holdings are disclosed in every Quarterly Fund Update; the full portfolio holdings file is available via the FMA Disclose register.

## How to invest

Available via: InvestNow, 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%20Conservative%20Fund
- **Product Disclosure Statement:** /disclose-document/mdofd434a3428c858f8dffc21a050053677/One-Answer-MAC-Funds-PDS-23-October-2025.pdf
- **Sorted Smart Investor** (cross-validation): https://smartinvestor.sorted.org.nz/kiwisaver-and-managed-funds/SCH11064/OFR11076/FND2199/
- **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

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- **First published:** 2026-05-08
- **Last refreshed:** 2026-05-22
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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.