The Harbour Enhanced Cash Fund is an actively managed portfolio that holds liquid money market securities, NZ Government Stock, corporate bonds and bank deposits, all denominated in New Zealand Dollars. The Fund is designed to earn a premium over 90 day bank bills, while aiming to avoid the volatility of traditional fixed interest funds. The maximum permitted duration of the Fund is 2 years. The Fund maintains a core holding of highly liquid securities in order to minimise transaction costs and facilitate investor cash flow requirements at short notice. The Fund also uses hedging instruments to manage interest rate risk within prescribed limits.
| Value | $228M NZD |
| Period of data report | 31st March 2026 |
| Fund started | 1st Aug. 2019 |
| Total annual fund fees | 0.26% |
| Total performance based fees | 0.0% |
| Manager's basic fee | 0.17% |
| Other management and administration charges | 0.09% |
| Total other charges | 0.0 |
| Total other charges currency | NZD |
|
George Henderson |
Currently: Portfolio Manager (7 years, 9 months)
|
|
Mark Brown |
Currently: Director, Head of Fixed Income (15 years, 6 months)
|
This information has been sourced from the quarterly data that each 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 | 1.96% | 2.74% |
| 2025 | 3.78% | 4.19% |
| 2024 | 3.39% | 4.3% |
| 2023 | -0.79% | 2.16% |
| 2022 | -2.46% | 0.09% |
| 2021 | 2.15% | 1.38% |
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 fund has filed with Disclose register to 31st March 2026.
NZ Government Stock 15/05/2028 0.25
New Zealand NZ Fixed Interest AAA
Kiwibank Limited 05/10/2026 2.635
New Zealand NZ Fixed Interest A1
ASB Bank Limited 16/11/2026 5.928
New Zealand NZ Fixed Interest AA-
Bank Of New Zealand 08/06/2026 1.884
New Zealand NZ Fixed Interest AA-
Westpac Bank Deposit Ac 3.015% 17/08/2026
New Zealand Cash and Equivalents A-1+
Bank Of New Zealand 07/06/2027 4.985
New Zealand NZ Fixed Interest AA-
Rabobank NZ Limited 05/04/2027 Frn
New Zealand NZ Fixed Interest AA
Mufg Bank Limited 24/11/2026 Frn
New Zealand NZ Fixed Interest A
Bank Of New Zealand 01/09/2028 5.872
New Zealand NZ Fixed Interest AA-
Westpac Bank Deposit Ac 3.162% 2/04/2026
New Zealand Cash and Equivalents A-1+
| Type | Target | Actual |
|---|---|---|
| Cash and Cash Equivalents | 45.0% | 27.37% |
| New Zealand Fixed Interest | 55.0% | 72.63% |
| 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 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
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 Harbour Enhanced Cash Fund is an actively managed portfolio that holds liquid money market securities, NZ Government Stock, corporate bonds and bank deposits, all denominated in New Zealand Dollars. The Fund is designed to earn a premium over 90 day bank bills, while aiming to avoid the volatility of traditional fixed interest funds. The maximum permitted duration of the Fund is 2 years. The Fund maintains a core holding of highly liquid securities in order to minimise transaction costs and facilitate investor cash flow requirements at short notice. The Fund also uses hedging instruments to manage interest rate risk within prescribed limits.
| Value | $228M NZD |
| Period of data report | 31st March 2026 |
| Fund started | 1st Aug. 2019 |
| Total annual fund fees | 0.26% |
| Total performance based fees | 0.0% |
| Manager's basic fee | 0.17% |
| Other management and administration charges | 0.09% |
| Total other charges | 0.0 |
| Total other charges currency | NZD |
|
George Henderson |
Currently: Portfolio Manager (7 years, 9 months)
|
|
Mark Brown |
Currently: Director, Head of Fixed Income (15 years, 6 months)
|
This information has been sourced from the quarterly data that each 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 | 1.96% | 2.74% |
| 2025 | 3.78% | 4.19% |
| 2024 | 3.39% | 4.3% |
| 2023 | -0.79% | 2.16% |
| 2022 | -2.46% | 0.09% |
| 2021 | 2.15% | 1.38% |
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 fund has filed with Disclose register to 31st March 2026.
NZ Government Stock 15/05/2028 0.25
New Zealand NZ Fixed Interest AAA
Kiwibank Limited 05/10/2026 2.635
New Zealand NZ Fixed Interest A1
ASB Bank Limited 16/11/2026 5.928
New Zealand NZ Fixed Interest AA-
Bank Of New Zealand 08/06/2026 1.884
New Zealand NZ Fixed Interest AA-
Westpac Bank Deposit Ac 3.015% 17/08/2026
New Zealand Cash and Equivalents A-1+
Bank Of New Zealand 07/06/2027 4.985
New Zealand NZ Fixed Interest AA-
Rabobank NZ Limited 05/04/2027 Frn
New Zealand NZ Fixed Interest AA
Mufg Bank Limited 24/11/2026 Frn
New Zealand NZ Fixed Interest A
Bank Of New Zealand 01/09/2028 5.872
New Zealand NZ Fixed Interest AA-
Westpac Bank Deposit Ac 3.162% 2/04/2026
New Zealand Cash and Equivalents A-1+
| Type | Target | Actual |
|---|---|---|
| Cash and Cash Equivalents | 45.0% | 27.37% |
| New Zealand Fixed Interest | 55.0% | 72.63% |
| 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 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
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.
