Funds

OneAnswer KiwiSaver Cash Fund

Fund type: Defensive fund

Past Returns: 3.43%
Average returns over the latest 3 years of data reported, after fees and taxes.
Annual Fees: 0.22%
Annual fees, including management and administration fees, but not membership fee. Please note that lower fees don’t always mean higher net returns.

Companies of Concern

This fund has no investments in issues of concern.

Fund Provider Response

At ANZ, our approach to responsible investment includes ESG integration, stewardship, and exclusions. We integrate ESG considerations in our evaluation of companies and selection of external investment managers. We demonstrate stewardship through direct engagement and proxy voting and indirectly through the expectations we have of our external managers. We also exclude some companies and industries based on their involvement in specified activities, or for breaching global norms. Please see our website for further information on our approach to responsible investment: https://www.anz.co.nz/personal/investing-kiwisaver/about-anz-investments/responsible-investing/

From the Fund Provider

  • About this fund

    About this Fund

    Fund type: Defensive fund

    Past Returns: 3.43%
    Average returns over the latest 3 years of data reported, after fees and taxes.
    Annual Fees: 0.22%
    Annual fees, including management and administration fees, but not membership fee. Please note that lower fees don’t always mean higher net returns.

    In their own words

    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.

    Value $93.6M NZD
    Period of data report 31st March 2026
    Members 1,626
    Fund started 1st Oct. 2007
    Total annual fund fees 0.22%
    Total performance based fees 0.0%
    Manager's basic fee 0.19%
    Other management and administration charges 0.03%
    Total other charges 0.0
    Total other charges currency NZD

    Key Personnel

    George Crosby

    Currently: Chief Investment Officer (2 years, 1 months)
    Previously: General Manager Portfolio Completion, New Zealand Superannuation Fund (2 years, 9 months)

    Matthew Mobbs

    Currently: Head of Fixed Interest and Cash (0 years, 2 months)
    Previously: Head of Investments, AIA New Zealand (3 years, 3 months)

    Varun Khanna

    Currently: Fund Manager Fixed Interest (3 years, 1 months)
    Previously: Assistant Fund Manager, ANZ Bank New Zealand Limited (1 years, 1 months)

    Scott Johnson

    Currently: Assistant Fund Manager, Fixed Interest and Cash (2 years, 11 months)
    Previously: Investment Associate, Metrics Credit Partners (0 years, 7 months)

    This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to 31st March 2026.

  • 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
    2026 2.08% 2.35%
    2025 3.81% 3.83%
    2024 3.51% 4.13%
    2023 -0.13% 2.28%
    2022 -1.68% 0.43%
    2021 1.56% 0.62%
    2020 1.64% 1.3%
    2019 2.37% 1.56%
    2018 2.05% 1.52%
    2017 1.53% 1.57%

    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.

  • Investments

    Top 10 Investments

    • Westpac Banking NZ Floating Rate Note 06/07/2026

      New Zealand NZ Fixed Interest AA-

      4.82%

    • Westpac Banking Term Deposit 04/08/2026 2.995

      New Zealand Cash and Equivalents A-1+

      4.09%

    • Westpac Banking Registered Certificate Of Deposit 01/04/2026

      New Zealand Cash and Equivalents A-1+

      3.96%

    • Rabobank Nederland NZ Floating Rate Note 05/04/2027

      New Zealand NZ Fixed Interest A+

      3.76%

    • BNZ Floating Rate Note 19/11/2027

      New Zealand Cash and Equivalents AA-

      3.4%

    • ASB Term Deposit 08/04/2026 3.60

      New Zealand Cash and Equivalents A-1+

      3.39%

    • ASB Bank Floating Rate Note 18/10/2027

      New Zealand Cash and Equivalents AA-

      3.16%

    • Rabobank Floating Rate Note 08/12/2026

      New Zealand Cash and Equivalents A+

      2.92%

    • BNZ Floating Rate Note 23/11/2026

      New Zealand Cash and Equivalents AA-

      2.22%

    • Mufg Registered Certificate Of Deposit 26/05/2026

      New Zealand Cash and Equivalents A-1

      2.19%
    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 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.

Issues of Concern

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

Companies of Concern

This fund has no investments in issues of concern.

Fund Provider Response

At ANZ, our approach to responsible investment includes ESG integration, stewardship, and exclusions. We integrate ESG considerations in our evaluation of companies and selection of external investment managers. We demonstrate stewardship through direct engagement and proxy voting and indirectly through the expectations we have of our external managers. We also exclude some companies and industries based on their involvement in specified activities, or for breaching global norms. Please see our website for further information on our approach to responsible investment: https://www.anz.co.nz/personal/investing-kiwisaver/about-anz-investments/responsible-investing/

About this Fund

Fund type: Defensive fund

Past Returns: 3.43%
Average returns over the latest 3 years of data reported, after fees and taxes.
Annual Fees: 0.22%
Annual fees, including management and administration fees, but not membership fee. Please note that lower fees don’t always mean higher net returns.

In their own words

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.

Value $93.6M NZD
Period of data report 31st March 2026
Members 1,626
Fund started 1st Oct. 2007
Total annual fund fees 0.22%
Total performance based fees 0.0%
Manager's basic fee 0.19%
Other management and administration charges 0.03%
Total other charges 0.0
Total other charges currency NZD

Key Personnel

George Crosby

Currently: Chief Investment Officer (2 years, 1 months)
Previously: General Manager Portfolio Completion, New Zealand Superannuation Fund (2 years, 9 months)

Matthew Mobbs

Currently: Head of Fixed Interest and Cash (0 years, 2 months)
Previously: Head of Investments, AIA New Zealand (3 years, 3 months)

Varun Khanna

Currently: Fund Manager Fixed Interest (3 years, 1 months)
Previously: Assistant Fund Manager, ANZ Bank New Zealand Limited (1 years, 1 months)

Scott Johnson

Currently: Assistant Fund Manager, Fixed Interest and Cash (2 years, 11 months)
Previously: Investment Associate, Metrics Credit Partners (0 years, 7 months)

This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to 31st March 2026.

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
2026 2.08% 2.35%
2025 3.81% 3.83%
2024 3.51% 4.13%
2023 -0.13% 2.28%
2022 -1.68% 0.43%
2021 1.56% 0.62%
2020 1.64% 1.3%
2019 2.37% 1.56%
2018 2.05% 1.52%
2017 1.53% 1.57%

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.

Top 10 Investments

  • Westpac Banking NZ Floating Rate Note 06/07/2026

    New Zealand NZ Fixed Interest AA-

    4.82%

  • Westpac Banking Term Deposit 04/08/2026 2.995

    New Zealand Cash and Equivalents A-1+

    4.09%

  • Westpac Banking Registered Certificate Of Deposit 01/04/2026

    New Zealand Cash and Equivalents A-1+

    3.96%

  • Rabobank Nederland NZ Floating Rate Note 05/04/2027

    New Zealand NZ Fixed Interest A+

    3.76%

  • BNZ Floating Rate Note 19/11/2027

    New Zealand Cash and Equivalents AA-

    3.4%

  • ASB Term Deposit 08/04/2026 3.60

    New Zealand Cash and Equivalents A-1+

    3.39%

  • ASB Bank Floating Rate Note 18/10/2027

    New Zealand Cash and Equivalents AA-

    3.16%

  • Rabobank Floating Rate Note 08/12/2026

    New Zealand Cash and Equivalents A+

    2.92%

  • BNZ Floating Rate Note 23/11/2026

    New Zealand Cash and Equivalents AA-

    2.22%

  • Mufg Registered Certificate Of Deposit 26/05/2026

    New Zealand Cash and Equivalents A-1

    2.19%
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 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.