Funds

AMP KiwiSaver Cash Fund

Companies of Concern

From the Fund Provider

  • About this fund

    About this Fund

    This is a single sector fund which primarily invests in cash and short-term deposits. The fund aims to achieve modest, stable returns with a very low level of investment risk, in exchange there should be no significant short-term movements up and down in the value of your investments.

    Value $103M NZD
    Period of data report 31st March 2025
    Members 2,937
    Fund started 1st Oct. 2007
    Total annual fund fees 0.57%
    Total performance based fees 0.0%
    Manager's basic fee 0.5%
    Other management and administration charges 0.07%
    Total other charges 23.4
    Total other charges currency NZD

    Jeff Ruscoe

    Currently: Investment Committee, Member(Chairman) (6 years, 0 months)
    Previously: Managing Director, AMP Wealth Management New Zealand (2 years, 11 months)

    Mark Ennis

    Currently: Investment Committee, Member (4 years, 8 months)
    Previously: Managing Director, AdviceFirst Limited (5 years, 1 months)

    Justin Boyes*

    Currently: Investment Committee, Member (0 years, 3 months)
    Previously: GM, Retail Customer (2 years, 7 months)

    Aaron Klee*

    Currently: Investment Committee, Member (0 years, 3 months)
    Previously: GM, Investment Management and Services (2 years, 7 months)

    Craig Stobo*

    Currently: Investment Committee, Independent Member (1 years, 5 months)
    Previously: Chairman, Financial Markets Authority (0 years, 10 months)

    This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to 31st March 2025.

  • Past Returns

    Past Returns

    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
    2025 3.81% 3.38%
    2024 3.51% 3.68%
    2023 -0.13% 1.95%
    2022 -1.68% 0.03%
    2021 1.56% 0.03%
    2020 1.64% 0.95%
    2019 2.37% 1.15%
    2018 2.05% 1.1%
    2017 1.53% 1.25%
    2016 2.72% 1.95%

    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 2025.

  • Investments

    Top 10 Investments

    • ANZ Bank New Zealand Ltd - Maturing 10 Apr 2025

      New Zealand Cash and Equivalents P-1

      6.43%
    • Bank Of New Zealand - Maturing 30 Apr 2025

      New Zealand Cash and Equivalents P-1

      6.42%
    • Westpac New Zealand Ltd - Maturing 10 May 2025

      New Zealand Cash and Equivalents P-1

      6.41%
    • Rabobank New Zealand - Maturing 10 Apr 2025

      New Zealand Cash and Equivalents P-1

      5.36%
    • ASB Bank Ltd - - Maturing 23 May 2025

      New Zealand Cash and Equivalents P-1

      5.33%
    • ASB Bank Ltd - - Maturing 6 Jun 2025

      New Zealand Cash and Equivalents P-1

      5.33%
    • Westpac New Zealand Ltd - Maturing 9 Jun 2025

      New Zealand Cash and Equivalents P-1

      4.26%
    • Westpac New Zealand Ltd - Maturing 20 Jun 2025

      New Zealand Cash and Equivalents P-1

      4.25%
    • Bank Of New Zealand - Maturing 22 Apr 2025

      New Zealand Cash and Equivalents P-1

      3.75%
    • Westpac New Zealand Ltd - Maturing 11 Jun 2025

      New Zealand Cash and Equivalents P-1

      3.73%
    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%

    Investment Mix

    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 2025.

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 2025 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.

Issues of Concern

  • 0.0% Animal Cruelty
  • 0.0% Human Rights Violations
  • 0.0% Social Harm
  • 0.0% Fossil Fuels
  • 0.0% Weapons
  • 0.0% Environmental Harm

Companies of Concern

About this Fund

This is a single sector fund which primarily invests in cash and short-term deposits. The fund aims to achieve modest, stable returns with a very low level of investment risk, in exchange there should be no significant short-term movements up and down in the value of your investments.

Value $103M NZD
Period of data report 31st March 2025
Members 2,937
Fund started 1st Oct. 2007
Total annual fund fees 0.57%
Total performance based fees 0.0%
Manager's basic fee 0.5%
Other management and administration charges 0.07%
Total other charges 23.4
Total other charges currency NZD

Jeff Ruscoe

Currently: Investment Committee, Member(Chairman) (6 years, 0 months)
Previously: Managing Director, AMP Wealth Management New Zealand (2 years, 11 months)

Mark Ennis

Currently: Investment Committee, Member (4 years, 8 months)
Previously: Managing Director, AdviceFirst Limited (5 years, 1 months)

Justin Boyes*

Currently: Investment Committee, Member (0 years, 3 months)
Previously: GM, Retail Customer (2 years, 7 months)

Aaron Klee*

Currently: Investment Committee, Member (0 years, 3 months)
Previously: GM, Investment Management and Services (2 years, 7 months)

Craig Stobo*

Currently: Investment Committee, Independent Member (1 years, 5 months)
Previously: Chairman, Financial Markets Authority (0 years, 10 months)

This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to 31st March 2025.

Past Returns

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
2025 3.81% 3.38%
2024 3.51% 3.68%
2023 -0.13% 1.95%
2022 -1.68% 0.03%
2021 1.56% 0.03%
2020 1.64% 0.95%
2019 2.37% 1.15%
2018 2.05% 1.1%
2017 1.53% 1.25%
2016 2.72% 1.95%

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 2025.

Top 10 Investments

  • ANZ Bank New Zealand Ltd - Maturing 10 Apr 2025

    New Zealand Cash and Equivalents P-1

    6.43%
  • Bank Of New Zealand - Maturing 30 Apr 2025

    New Zealand Cash and Equivalents P-1

    6.42%
  • Westpac New Zealand Ltd - Maturing 10 May 2025

    New Zealand Cash and Equivalents P-1

    6.41%
  • Rabobank New Zealand - Maturing 10 Apr 2025

    New Zealand Cash and Equivalents P-1

    5.36%
  • ASB Bank Ltd - - Maturing 23 May 2025

    New Zealand Cash and Equivalents P-1

    5.33%
  • ASB Bank Ltd - - Maturing 6 Jun 2025

    New Zealand Cash and Equivalents P-1

    5.33%
  • Westpac New Zealand Ltd - Maturing 9 Jun 2025

    New Zealand Cash and Equivalents P-1

    4.26%
  • Westpac New Zealand Ltd - Maturing 20 Jun 2025

    New Zealand Cash and Equivalents P-1

    4.25%
  • Bank Of New Zealand - Maturing 22 Apr 2025

    New Zealand Cash and Equivalents P-1

    3.75%
  • Westpac New Zealand Ltd - Maturing 11 Jun 2025

    New Zealand Cash and Equivalents P-1

    3.73%
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%

Investment Mix

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 2025.