Amp vs Westpac
Head-to-head comparison of fees, returns, and fund options
Quick Comparison
| Metric | Amp | Westpac | Winner |
|---|---|---|---|
| Average 5Y Return | 4.46% | 2.90% | Amp |
| Average Fees | 1.00% | 0.45% | Westpac |
| Number of Funds | 30 | 8 | Amp |
| Total Members | 216,995 | 537,941 | Westpac |
| Total AUM | $8982M | $12134M | Westpac |
Top Performing Funds
Westpac Top Fund
Growth Fund
5Y Return:6.56%
Fees:0.55%
Frequently Asked Questions
Which is better, Amp or Westpac?
Amp has higher average returns (4.46% vs 2.90%), while Westpac has lower fees (0.45% vs 1.00%). The best choice depends on your investment goals, time horizon, and risk tolerance.
Can I switch between Amp and Westpac?
Yes! Switching KiwiSaver providers is free and easy. Simply apply with your chosen provider online, and they'll handle the transfer. The process takes 2-3 weeks, and there are no fees or penalties.
How were these comparisons calculated?
All data is sourced from the Financial Markets Authority (FMA) and provider disclosure statements. Returns are 5-year averages, fees are annual management fees as percentages of assets under management. Data is updated quarterly.