ANZ Investments OneAnswer High Growth Fund
Managed by ANZ Investments PIE tax treatment — capped at your PIR (max 28%)
This fund is a Portfolio Investment Entity (PIE) under Subpart HM of the Income Tax Act 2007. Income is taxed at your Prescribed Investor Rate (10.5% / 17.5% / 28%), not your marginal income-tax rate. The fund manager calculates and pays the tax on your behalf — when your PIR is correct, you usually don't need to declare PIE income in your annual tax return. See our PIR guide and PIE tax basics for the full picture, or use the PIR calculator to confirm your rate.
Annual fund charge
0.95%
vs peer avg 0.85%
Risk indicator
5/7
1 = lower risk · 7 = higher risk
5-year return p.a.
Less than 5 years of data
peer avg 5.65%
Fund size
NZ$67.1m
98% growth · 2% income
The High Growth Fund invests in growth assets (equities, listed property and listed infrastructure), with a very small exposure to income assets (cash and cash equivalents and fixed interest). The fund may also invest in alternative assets. The High Growth Fund aims to achieve (after the fund charge and before tax) over the long term higher returns, allowing for larger ups and downs in value.
Key facts
Fund start date
3 August 2023
Tax structure
PIE
Capped at your PIR (max 28%)
How this fund compares to peers
Mechanical comparison vs the 67 other diversified funds in our cohort. Source: FMA Disclose register via Sorted Smart Investor. Past performance is not a reliable indicator of future returns.
Annual fund charge
0.95%
Category median: 0.99%
Cheaper than 57% of peers
Fund size
NZ$67.1m
Category median: NZ$57.5m
54th percentile by AUM
Illustrative 5y fee impact on a sample balance of $10,000
$466
Compounded charge over 5 years (excl. returns)
$19 less than peer median
Mechanical scores only — no opinion or recommendation. Different funds suit different investor goals. ManagedFundsNZ is not a Financial Advice Provider. Read the current PDS and consider speaking to a licensed financial adviser.
Top 10 holdings
As at the latest published quarterly fund update (via Sorted Smart Investor).
| Holding | % of fund |
|---|---|
 Nvidia Corporation | 2.39% |
| FA Fisher and Paykel Healthcare | 2.18% |
 Apple Inc | 2.13% |
 Microsoft Corporation | 1.35% |
 Infratil Ltd | 1.23% |
 Auckland International Airport | 1.22% |
 Contact Energy Ltd | 1.15% |
| BD Bank Deposit (USD BNP) | 1.13% |
 Amazon Com Inc | 1.04% |
| US United States Treasury 180626 0.00 Govt. Bond | 0.90% |
Documents
Every dated PDS, quarterly fund update and full-portfolio holdings file. Linked from the FMA Disclose register via Sorted Smart Investor.
- HIGH GROWTH FUND (FND44998) Full portfolio holdings 31 March 2026.xlsx Download the full portfolio holdings. XLSX, 75.70 KB
- One Answer Kiwi Saver PDS 23 October 2025.pdf How this investment works, including about the provider, risks, costs and potential returns PDF, 906.25 KB
- OAKS High Growth Fund.pdf The quarterly update published by the provider PDF, 168.75 KB
- OAKSOMI 23 October 2025.pdf OMI - Details important information about the OneAnswer KiwiSaver Scheme. You should read this document in conjunction with the guide and product disclosure statement and o
- One Answer Kiwi Saver Guide 23 October 2025.pdf Guide - A helpful guide to the OneAnswer KiwiSaver Scheme including case studies, information about how to choose a fund, and how to make the most of Ki
- One Answer Kiwi Saver Scheme SIPO 16 February 2026.pdf SIPO - Information about how the funds in the OneAnswer KiwiSaver Scheme invest. PDF, 316.20 KB
- OAKS Underlying Funds and external fund managers 1 April 2026.pdf OneAnswer KiwiSaver Scheme - Underlying funds and external fund managers PDF, 93.59 KB
- ANZ Investments Responsible Investment Framework 30 April 2026.pdf Responsible Investment Framework PDF, 1.32 MB
- Select International Share Fund ESG indicator report Mar 2026.pdf Select International Share Fund Quarterly ESG Indicator Report - tells you how the fund has performed against its ESG indicators. PDF,
- One Answer Kiwi Saver Scheme SIPO 16 February 2026.pdf Statement of investment policy and objectives PDF, 316.20 KB
About this category
Multi-asset funds that hold a mix of shares, bonds, cash and sometimes property in a single portfolio. The mix determines the risk profile — aggressive funds hold more shares, conservative funds hold more bonds and cash.
About ANZ Investments
Asset-management arm of ANZ NZ; runs the OneAnswer multi-fund range.
See all funds from ANZ Investments →Head-to-head
Compare ANZ Investments OneAnswer High Growth Fund with…
Side-by-side numbers — fees, returns, risk, fund size, asset mix.
Peer funds
Other Diversified funds
AI & integrations
Use this fund inside the tools you already use
Every fund on ManagedFundsNZ ships in three formats so AI assistants and data tools can consume it without scraping: a canonical HTML page, a plain Markdown twin, and a structured JSON twin. Citation back to the canonical URL is required; full reuse policy at /llms-policy.txt.
- Canonical (HTML)managedfunds.nz/funds/anz-investments/oneanswer-high-growth/This page. Browsable.
- Markdown twinmanagedfunds.nz/funds/anz-investments/oneanswer-high-growth/markdown.mdPlain text. AI-crawler-ready.
- Structured (JSON)managedfunds.nz/funds/anz-investments/oneanswer-high-growth/data.jsonMachine-parseable.
Frequently asked questions
Mechanical Q&A grounded in the fund's PDS, SIPO, and latest QFU on the FMA Disclose register. Verify against the source before relying on any of this.
Who manages the ANZ Investments OneAnswer High Growth Fund?
ANZ Investments OneAnswer High Growth Fund is managed by ANZ Investments. Asset-management arm of ANZ NZ; runs the OneAnswer multi-fund range.
What asset class is the ANZ Investments OneAnswer High Growth Fund?
It is a diversified managed fund. The fund has a aggressive risk profile. Multi-asset funds that hold a mix of shares, bonds, cash and sometimes property in a single portfolio. The mix determines the risk profile — aggressive funds hold more shares, conservative funds hold more bonds and cash.
What are the fees for the ANZ Investments OneAnswer High Growth Fund?
The annual fund charge for the ANZ Investments OneAnswer High Growth Fund is 0.95% p.a., as reported in the latest Quarterly Fund Update sourced from the FMA Disclose register. Always check the current PDS for any additional fees.
What is the risk indicator for the ANZ Investments OneAnswer High Growth Fund?
The risk indicator is 5/7 on the standardised FMA-mandated scale, where 1 is lower risk and 7 is higher risk. The risk indicator is calculated from the fund's price volatility over the past five years and is published in every Quarterly Fund Update.
Is the ANZ Investments OneAnswer High Growth Fund a PIE fund?
Yes. The ANZ Investments OneAnswer High Growth Fund is structured as a New Zealand Portfolio Investment Entity (PIE). Investor tax on the fund's income is capped at the investor's Prescribed Investor Rate (PIR), which has a maximum of 28%. Most NZ-resident retail investors with a taxable income at or below NZ$48,000 qualify for a lower PIR.
How big is the ANZ Investments OneAnswer High Growth Fund?
Fund size (assets under management) is NZ$67 million as at the latest Quarterly Fund Update. Asset mix is approximately 98% growth assets and 2% income assets.
What does the ANZ Investments OneAnswer High Growth Fund invest in?
The latest published top holdings are: Nvidia Corporation (2.39%), Fisher and Paykel Healthcare (2.18%), Apple Inc (2.13%). Holdings are disclosed in each Quarterly Fund Update; the full portfolio holdings file is also available via the FMA Disclose register.
How can I invest in the ANZ Investments OneAnswer High Growth Fund?
The ANZ Investments OneAnswer High Growth Fund is available via InvestNow, ANZ Investments directly. Always read the current Product Disclosure Statement before investing.