To provide exposure to a portfolio of investment grade short term deposits and fixed interest investments with New Zealand registered banks. The number of years with negative returns are generally expected to be less than other funds in the ASB KiwiSaver Scheme. We focus on cost effective management. The NZ Cash Fund invests in a target investment mix of 100% income assets.
| Value | $849M NZD |
| Period of data report | 31st Dec. 2024 |
| Members | 37,672 |
| Fund started | 2nd Oct. 2007 |
| Total annual fund fees | 0.35% |
| Total performance based fees | 0.0% |
| Manager's basic fee | 0.35% |
| Other management and administration charges | 0.0% |
| Total other charges | 0.0 |
| Total other charges currency | NZD |
|
Frank Jasper |
Currently: Investment Committee member (2 years, 5 months)
|
|
Jax Mitchell |
Currently: Investment Committee member (2 years, 2 months)
|
|
Stephen Moir |
Currently: Investment Committee Chairman (1 years, 7 months)
|
|
Jonathan Oram |
Currently: Investment Committee member (0 years, 8 months)
|
|
Justine Sefton |
Currently: Investment Committee member (2 years, 5 months)
|
This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to 31st Dec. 2024.
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 |
|---|---|---|
| 2024 | 3.40% | 3.97% |
| 2023 | -0.13% | 2.27% |
| 2022 | -1.68% | 0.34% |
| 2021 | 1.56% | 0.24% |
| 2020 | 1.64% | 1.08% |
| 2019 | 2.37% | 1.48% |
| 2018 | 2.05% | 1.47% |
| 2017 | 1.53% | 1.59% |
| 2016 | 2.72% | 2.26% |
| 2015 | 4.23% | 2.64% |
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 Dec. 2024.
Westpac Deposit Acc
New Zealand Cash and Equivalents A-1+
BNZ Deposit Acc
New Zealand Cash and Equivalents A-1+
ASB Bank Ltd 140225 Rcd
New Zealand Cash and Equivalents A-1+
ASB Bank Ltd 090125 Rcd
New Zealand Cash and Equivalents A-1+
Westpac New Zealand Ltd 040325 Rcd
New Zealand Cash and Equivalents A-1+
ASB Bank Ltd 120225 Rcd
New Zealand Cash and Equivalents A-1+
ASB Bank Account NZD
New Zealand Cash and Equivalents A-1+
NZD BNP Paribas A/C
New Zealand Cash and Equivalents A-1
| 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 Dec. 2024.
This data is compiled by Mindful Money from the fund information and portfolios
that each
KiwiSaver
fund has
filed with the Disclose register to 30th Sept. 2024 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.
To provide exposure to a portfolio of investment grade short term deposits and fixed interest investments with New Zealand registered banks. The number of years with negative returns are generally expected to be less than other funds in the ASB KiwiSaver Scheme. We focus on cost effective management. The NZ Cash Fund invests in a target investment mix of 100% income assets.
| Value | $849M NZD |
| Period of data report | 31st Dec. 2024 |
| Members | 37,672 |
| Fund started | 2nd Oct. 2007 |
| Total annual fund fees | 0.35% |
| Total performance based fees | 0.0% |
| Manager's basic fee | 0.35% |
| Other management and administration charges | 0.0% |
| Total other charges | 0.0 |
| Total other charges currency | NZD |
|
Frank Jasper |
Currently: Investment Committee member (2 years, 5 months)
|
|
Jax Mitchell |
Currently: Investment Committee member (2 years, 2 months)
|
|
Stephen Moir |
Currently: Investment Committee Chairman (1 years, 7 months)
|
|
Jonathan Oram |
Currently: Investment Committee member (0 years, 8 months)
|
|
Justine Sefton |
Currently: Investment Committee member (2 years, 5 months)
|
This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to 31st Dec. 2024.
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 |
|---|---|---|
| 2024 | 3.40% | 3.97% |
| 2023 | -0.13% | 2.27% |
| 2022 | -1.68% | 0.34% |
| 2021 | 1.56% | 0.24% |
| 2020 | 1.64% | 1.08% |
| 2019 | 2.37% | 1.48% |
| 2018 | 2.05% | 1.47% |
| 2017 | 1.53% | 1.59% |
| 2016 | 2.72% | 2.26% |
| 2015 | 4.23% | 2.64% |
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 Dec. 2024.
Westpac Deposit Acc
New Zealand Cash and Equivalents A-1+
BNZ Deposit Acc
New Zealand Cash and Equivalents A-1+
ASB Bank Ltd 140225 Rcd
New Zealand Cash and Equivalents A-1+
ASB Bank Ltd 090125 Rcd
New Zealand Cash and Equivalents A-1+
Westpac New Zealand Ltd 040325 Rcd
New Zealand Cash and Equivalents A-1+
ASB Bank Ltd 120225 Rcd
New Zealand Cash and Equivalents A-1+
ASB Bank Account NZD
New Zealand Cash and Equivalents A-1+
NZD BNP Paribas A/C
New Zealand Cash and Equivalents A-1
| 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 Dec. 2024.
