The Enhanced Cash Fund is suited to investors who seek a modest positive return over both the short and long term. We aim to achieve this by investing entirely in income assets.
| Value | $102M NZD |
| Period of data report | 31st March 2026 |
| Members | 4,965 |
| Fund started | 1st Oct. 2007 |
| Total annual fund fees | 0.75% |
| Total performance based fees | 0.0% |
| Manager's basic fee | 0.75% |
| Other management and administration charges | 0.0% |
| Total other charges | 36.0 |
| Total other charges currency | NZD |
|
Nic Craven |
Currently: Investment Committee Member (0 years, 10 months)
|
|
Aaron Usher |
Currently: Senior Manager – Investment Strategy (0 years, 3 months)
|
|
Simon O'Grady |
Currently: Chief Investment Officer (0 years, 6 months)
|
|
Steffan Berridge |
Currently: Senior Manager - Global Investments (0 years, 2 months)
|
|
Diana Gordon |
Currently: Senior Portfolio Manager – Fixed Interest (0 years, 4 months)
|
This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to 31st March 2026.
Past annual returns for this fund are after fees and taxes. Please note that higher past returns do not always mean higher future returns.
| Year | Market Average | Fund Annual Return |
|---|---|---|
| 2026 | 2.08% | 1.98% |
| 2025 | 3.81% | 3.3% |
| 2024 | 3.51% | 3.3% |
| 2023 | -0.13% | 1.74% |
| 2022 | -1.68% | 0.18% |
| 2021 | 1.56% | 0.18% |
| 2020 | 1.64% | 1.03% |
| 2019 | 2.37% | 1.41% |
| 2018 | 2.05% | 1.36% |
| 2017 | 1.53% | 1.41% |
The market average is the average return for funds of the same risk category, sourced from the Commission for Financial Capability's Sorted website. The fund information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to 31st March 2026.
NZ Cash (BNZ Bank Trust Account)
New Zealand Cash and Equivalents A-1+
BNZ Bank Bill 28/04/2026
New Zealand NZ Fixed Interest
Westpac Treasury - Td 08 Jul 2026 @ 2.997
New Zealand Cash and Equivalents AA-
Westpac Treasury - Td 23 Apr 2026 @ 3.466
New Zealand Cash and Equivalents AA-
ASB Bank Investments - Td 20 Apr 2026 @ 3.570
New Zealand Cash and Equivalents AA-
Kiwibank Td - NZPT 21 Oct 2026 @ 2.850
New Zealand Cash and Equivalents A+
Westpac Treasury - Td 06 Oct 2026 @ 3.000
New Zealand Cash and Equivalents AA-
Kiwibank Td - NZPT 13 Oct 2026 @ 3.070
New Zealand Cash and Equivalents A+
Westpac Treasury - Td 16 Jul 2026 @ 2.935
New Zealand Cash and Equivalents AA-
Kiwibank Td - NZPT 20 Oct 2026 @ 3.050
New Zealand Cash and Equivalents A+
| Type | Target | Actual |
|---|---|---|
| Cash and Cash Equivalents | 100.0% | 100.0% |
| New Zealand Fixed Interest | 0.0% | 0.0% |
| International Fixed Interest | 0.0% | 0.0% |
| Australasian Equities | 0.0% | 0.0% |
| International Equities | 0.0% | 0.0% |
| Listed Properties | 0.0% | 0.0% |
| Unlisted Properties | 0.0% | 0.0% |
| Other | 0.0% | 0.0% |
| Commodities | 0.0% | 0.0% |
How the money in this fund is invested by asset type.
This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to 31st March 2026.
This data is compiled by Mindful Money from the fund information and portfolios
that each
KiwiSaver
fund has
filed with the Disclose register to 31st March 2026 and Mindful Money
analysis of funds within those portfolios. The list of companies of concern has
been drawn from ratings agencies and public sources, including the Norwegian
Sovereign Fund, NZ Super Fund, Sustainalytics and research organisations.
Please note that companies may breach more than one of these areas of
concern.
The listing of companies of concern is based on definitions used in Mindful Money's
methodology. These definitions may
be different from the exclusions policy and definitions applied by the fund provider.
Mindful Money uses the term Mindful Funds as our standard
for ethical investment and responsible investment. This does not imply that
other funds are unethical or that the fund providers that do not meet these
standards are unethical providers.
The Enhanced Cash Fund is suited to investors who seek a modest positive return over both the short and long term. We aim to achieve this by investing entirely in income assets.
| Value | $102M NZD |
| Period of data report | 31st March 2026 |
| Members | 4,965 |
| Fund started | 1st Oct. 2007 |
| Total annual fund fees | 0.75% |
| Total performance based fees | 0.0% |
| Manager's basic fee | 0.75% |
| Other management and administration charges | 0.0% |
| Total other charges | 36.0 |
| Total other charges currency | NZD |
|
Nic Craven |
Currently: Investment Committee Member (0 years, 10 months)
|
|
Aaron Usher |
Currently: Senior Manager – Investment Strategy (0 years, 3 months)
|
|
Simon O'Grady |
Currently: Chief Investment Officer (0 years, 6 months)
|
|
Steffan Berridge |
Currently: Senior Manager - Global Investments (0 years, 2 months)
|
|
Diana Gordon |
Currently: Senior Portfolio Manager – Fixed Interest (0 years, 4 months)
|
This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to 31st March 2026.
Past annual returns for this fund are after fees and taxes. Please note that higher past returns do not always mean higher future returns.
| Year | Market Average | Fund Annual Return |
|---|---|---|
| 2026 | 2.08% | 1.98% |
| 2025 | 3.81% | 3.3% |
| 2024 | 3.51% | 3.3% |
| 2023 | -0.13% | 1.74% |
| 2022 | -1.68% | 0.18% |
| 2021 | 1.56% | 0.18% |
| 2020 | 1.64% | 1.03% |
| 2019 | 2.37% | 1.41% |
| 2018 | 2.05% | 1.36% |
| 2017 | 1.53% | 1.41% |
The market average is the average return for funds of the same risk category, sourced from the Commission for Financial Capability's Sorted website. The fund information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to 31st March 2026.
NZ Cash (BNZ Bank Trust Account)
New Zealand Cash and Equivalents A-1+
BNZ Bank Bill 28/04/2026
New Zealand NZ Fixed Interest
Westpac Treasury - Td 08 Jul 2026 @ 2.997
New Zealand Cash and Equivalents AA-
Westpac Treasury - Td 23 Apr 2026 @ 3.466
New Zealand Cash and Equivalents AA-
ASB Bank Investments - Td 20 Apr 2026 @ 3.570
New Zealand Cash and Equivalents AA-
Kiwibank Td - NZPT 21 Oct 2026 @ 2.850
New Zealand Cash and Equivalents A+
Westpac Treasury - Td 06 Oct 2026 @ 3.000
New Zealand Cash and Equivalents AA-
Kiwibank Td - NZPT 13 Oct 2026 @ 3.070
New Zealand Cash and Equivalents A+
Westpac Treasury - Td 16 Jul 2026 @ 2.935
New Zealand Cash and Equivalents AA-
Kiwibank Td - NZPT 20 Oct 2026 @ 3.050
New Zealand Cash and Equivalents A+
| Type | Target | Actual |
|---|---|---|
| Cash and Cash Equivalents | 100.0% | 100.0% |
| New Zealand Fixed Interest | 0.0% | 0.0% |
| International Fixed Interest | 0.0% | 0.0% |
| Australasian Equities | 0.0% | 0.0% |
| International Equities | 0.0% | 0.0% |
| Listed Properties | 0.0% | 0.0% |
| Unlisted Properties | 0.0% | 0.0% |
| Other | 0.0% | 0.0% |
| Commodities | 0.0% | 0.0% |
How the money in this fund is invested by asset type.
This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to 31st March 2026.
This data is compiled by Mindful Money from the fund information and portfolios
that each
KiwiSaver
fund has
filed with the Disclose register to 31st March 2026 and Mindful Money
analysis of funds within those portfolios. The list of companies of concern has
been drawn from ratings agencies and public sources, including the Norwegian
Sovereign Fund, NZ Super Fund, Sustainalytics and research organisations.
Please note that companies may breach more than one of these areas of
concern.
The listing of companies of concern is based on definitions used in Mindful Money's
methodology. These definitions may
be different from the exclusions policy and definitions applied by the fund provider.
Mindful Money uses the term Mindful Funds as our standard
for ethical investment and responsible investment. This does not imply that
other funds are unethical or that the fund providers that do not meet these
standards are unethical providers.
