Market Review

ANZ Investments brings you this summary of how investment markets have been performing.

Market review - October 2017

  • International shares extended their gains in October on the back of improving global economic growth, good corporate earnings and news of sweeping tax reforms in the US.
  • The three major US share market indices all hit record highs. Japanese shares were among the best performers, with its share market gaining 8% to reach levels not seen in over 25 years.
  • Signs of improving growth in Europe and Japan suggests we’re starting to see more synchronised expansion across the world’s major economies.
  • New Zealand shares had a reasonable month considering that, for the best part, the country was operating without a Government. The NZX50 Index broke through the 8,000 level for the first time.
  • Following drawn out negotiations, the New Zealand First Party announced its intention to form a coalition Government with the Labour Party, with support from the Greens. Markets took the news in their stride.
  • Against the backdrop of strong economic growth and share market performance, global fixed interest (bond) markets delivered only modest gains over the month.
  • A major factor for New Zealand investors was the weak New Zealand dollar. This boosted returns for unhedged New Zealand investors in the international markets.

Read more about how global and local markets performed over the last month. 

Fund reports

Read our fund reports to find out how the fund/s you’re invested in performed recently. 

Read more about MFL recent fund performance.

Responsible investing update - no controversial weapons or tobacco in the KiwiSaver schemes managed by ANZ Investments

We recognise that many of our customers are concerned to ensure their money isn’t being invested in companies involved in the manufacture of controversial weapons and tobacco.

The below information sets out our updated position on responsible investing:

  • Our funds do not have any direct or indirect holdings in companies involved in the manufacture of cluster bombs or anti-personnel mines.
  • Our funds do not have any direct or indirect holdings in companies involved in the manufacture of nuclear armaments.
  • Our funds do not have any direct or indirect investments in tobacco companies.

All of the funds in our KiwiSaver schemes have excluded direct investments in controversial weapons and tobacco companies since September 2016. However, the ANZ Default KiwiSaver Scheme Conservative Fund had a potential small exposure to these types of companies, via its investment in an internationally managed index tracking fund.

In April 2017 we launched a new international equities fund that excludes investments in controversial weapons and tobacco. This means that all of the funds in our KiwiSaver schemes now exclude direct and indirect investments in these types of companies for both equities and fixed interest investments.

Market volatility

Investment market volatility is part of investing and does not have to be a cause for concern. Find out how you can be prepared for market volatility. 

Communications via email

If you'd like to receive our quarterly market review, make sure you provide us with your current email address.

To provide or update your email address, email your full name, date of birth and IRD number to service@anzinvestments.co.nz, or call us on 0800 736 034.

Fund reports and fact sheets

Select your fund below to see a summary of how the fund has performed recently.

OneAnswer KiwiSaver Scheme OneAnswer Multi-Asset-Class Funds OneAnswer Single-Asset-Class Funds
Growth Fund Growth Fund New Zealand Fixed Interest Fund
Balanced Growth Fund Balanced Growth Fund International Fixed Interest Fund
Balanced Fund Balanced Fund Property Securities Fund
Conservative Balanced Fund Conservative Balanced Fund International Property Fund
Conservative Fund Conservative Fund New Zealand Share Fund
Cash Fund   Equity Selection Fund
New Zealand Fixed Interest Fund   Australian Share Fund
International Fixed Interest Fund   International Share Fund
Australasian Property Fund   Balanced Fund
International Property Fund    
Australasian Share Fund    
International Share Fund    
Sustainable International Share Fund    

 

Need more information?

Check out our quarterly Market review for the low-down on what's happened in local and global markets.

More fund information?

See the fund updates for our funds. The fund updates provide more information about our funds, including performance, fees, key people and the biggest investments.

Communications via email

If you'd like to receive our quarterly market review, make sure you provide us your current email address.

To provide or update your email address, email your full name, date of birth and IRD number to service@anzinvestments.co.nz, or call us on 0800 736 034.