ANZ New Zealand Investments Limited
Cash Fund
ANZ KiwiSaver SchemeDefensive
What the provider says about this fund
The Cash Fund invests in cash and cash equivalents. These may include investments issued by New Zealand and Australian registered banks, governments, corporations or local authorities. The Cash Fund aims to achieve (after the fund charge and before tax) over the short term lower but stable returns, allowing for smaller ups and downs in value.
1-year return
2.35%
5-year return p.a.
2.60%
Total annual fee
0.22%
Fund size ($m)
1342.0
Members
48,163
Inception date
12 August 2008
Risk indicator
The official Smart Investor risk indicator uses a scale from 1 to 7.
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Investment mix
Growth assets
0.00%
Income assets
100.00%
| Asset class | Actual | Target | Average for Defensive funds |
|---|---|---|---|
| Cash and equivalents | 100.00% | 100.00% | 48.53% |
| Unknown | 0.00% | 0.00% | 0.00% |
Top 10 holdings
| Rank | Asset | Asset class | Asset type | Country | % of fund |
|---|---|---|---|---|---|
| 1 | Westpac Banking NZ Floating Rate Note 06/07/2026 | Cash | Cash and Cash Equivalents | NZ | 4.82% |
| 2 | Westpac Banking Term Deposit 04/08/2026 2.995 | Cash | Cash and Cash Equivalents | NZ | 4.09% |
| 3 | Westpac Banking Registered Certificate of Deposit 01/04/2026 | Cash | Cash and Cash Equivalents | NZ | 3.96% |
| 4 | Rabobank Nederland NZ Floating Rate Note 05/04/2027 | Cash | Cash and Cash Equivalents | NZ | 3.76% |
| 5 | BNZ Floating Rate Note 19/11/2027 | Cash | Cash and Cash Equivalents | NZ | 3.40% |
| 6 | ASB Term Deposit 08/04/2026 3.60 | Cash | Cash and Cash Equivalents | NZ | 3.39% |
| 7 | ASB Bank Floating Rate Note 18/10/2027 | Cash | Cash and Cash Equivalents | NZ | 3.16% |
| 8 | Rabobank Floating Rate Note 08/12/2026 | Cash | Cash and Cash Equivalents | NZ | 2.92% |
| 9 | BNZ Floating Rate Note 23/11/2026 | Cash | Cash and Cash Equivalents | NZ | 2.22% |
| 10 | MUFG Registered Certificate of Deposit 26/05/2026 | Cash | Cash and Cash Equivalents | NZ | 2.19% |
Fees
0.22% total annual fee
| Fee type | Fee | Cost per year on a $30,000 balance | Average for Defensive funds |
|---|---|---|---|
| Management fees | 0.19% | $57 | 0.46% |
| Other fees | 0.03% | $9 | 0.06% |
| Membership fees | 0.00% | $0 | 0.05% |
| Total combined fees | 0.22% | $66 | 0.57% |
Yearly returns
| Year ending | Fund return | Average for Defensive funds |
|---|---|---|
| 31 March 2017 | 1.67% | 1.52% |
| 31 March 2018 | 1.61% | 2.07% |
| 31 March 2019 | 1.66% | 2.39% |
| 31 March 2020 | 1.32% | 1.67% |
| 31 March 2021 | 0.62% | 1.64% |
| 31 March 2022 | 0.43% | -1.81% |
| 31 March 2023 | 2.28% | -0.19% |
| 31 March 2024 | 4.13% | 3.49% |
| 31 March 2025 | 3.83% | 3.79% |
| 31 March 2026 | 2.35% | 2.09% |
Key personnel
| Name | Position | Time in role |
|---|---|---|
| George Crosby | Chief Investment Officer | 2 years, 1 month |
| Matthew Mobbs | Head of Fixed Interest and Cash | 2 months |
| Scott Johnson | Assistant Fund Manager, Fixed Interest and Cash | 2 years, 11 months |
| Varun Khanna | Fund Manager Fixed Interest | 3 years, 1 month |