Date: 18 August 2025
Upcoming Closure of ANZ Investments OneAnswer Equity Selection Fund
We have been informed by ANZ Investments that they have decided to close the ANZ Investments OneAnswer Equity Selection Fund (Fund), which will be removed from the InvestNow Platform, effective from 30th September 2025.
ANZ Investments noted that the reason for the Fund’s closure was “due to decreased customer demand for the Fund and reflects an ongoing commitment to ensuring our range of funds aligns with the needs of our customers”.
For more information on the other ANZ Investments fund offerings on InvestNow, please refer to the ANZ Investments Landing Page on InvestNow.
There are two important actions that you, as an investor, need to complete:
- If the ANZ Investments OneAnswer Equity Selection Fund is in your Regular Investment Plan, please update your plan as soon as possible by removing the Fund from it (you can reallocate the contribution to other funds you already have in your plan, replace the Fund in your plan with another fund available on InvestNow , or if it is the only fund you have in your plan then simply make the plan inactive). If no changes are made to your plan, we will action this on your behalf on Friday 26th September.
- For all units you hold in the ANZ Investments OneAnswer Equity Selection Fund, irrespective of whether you have the Fund in a Regular Investment Plan, it would be prudent to raise a sell order before midday Friday 26th If no sell order is raised by this time, we will raise an instruction asking our custodian to liquidate any holdings remaining, with net proceeds to be transferred to your InvestNow Transaction Account upon settlement sometime after Tuesday 30th September.
Should you have any questions please do not hesitate to contact us on 0800 499 466 or at contact@investnow.co.nz
Mike HeathGeneral ManagerInvestNowMob: +64 27 285 9178
mikeheath@investnow.co.nz
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