Funds

AMP New Zealand Cash Fund

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Issues of concern

The graph below shows the percentage of the fund invested in each of the worst issues of concern to New Zealanders. Below the graph are listed all the companies this fund invests in, by issue of concern.

This fund has no investments in issues of concern

Key:

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

Companies of concern

This data is compiled by Mindful Money from the fund information and portfolios that each 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.

About this fund

In their own words

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 $22.8M NZD
Period of data report 30th Sept. 2024
Fund started 10th March 2011
Total annual fund fees 0.5%
Total performance based fees 0.0%
Manager's basic fee 0.3%
Other management and administration charges 0.2%
Total other charges 0.0
Total other charges currency NZD

Key Personnel

Jeffery Darren Ruscoe

Currently: Investment Committee Member (5 years, 6 months)
Previously: Managing Director, AMP Wealth Management New Zealand (2 years, 5 months)

Mark David Ennis

Currently: Investment Committee Member (4 years, 2 months)
Previously: Managing Director / Director, AdviceFirst Limited / AMP Wealth Management New Zealand (4 years, 7 months)

Katie Priscilla Breatnach *

Currently: Investment Committee Member (1 years, 7 months)
Previously: Director / GM Legal & Governance, AMP Wealth Management New Zealand (1 years, 10 months)

This information has been sourced from the quarterly data that each fund has filed with Disclose register to 30th Sept. 2024.

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
2024 3.59% 3.73%
2023 -0.79% 1.74%
2022 -2.46% 0.04%
2021 2.15% -0.03%
2020 1.75% 0.86%
2019 2.76% 1.27%
2018 1.94% 1.31%
2017 1.52% 1.4%
2016 2.91% 2.11%
2015 5.21% 2.56%

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 30th Sept. 2024.

Top 10 Investments

  • Westpac New Zealand Ltd - Maturing 15 Nov 2024
    New Zealand Cash and Equivalents P-1
    7.38%
  • Bank Of New Zealand - Maturing 30 Oct 2024
    New Zealand Cash and Equivalents P-1
    6.83%
  • Rabobank New Zealand - Maturing 08 Oct 2024
    New Zealand Cash and Equivalents P-1
    5.71%
  • ASB Bank Ltd - Maturing 02 Dec 2024
    New Zealand Cash and Equivalents P-1
    5.66%
  • ASB Bank Ltd - Maturing 23 Jan 2025
    New Zealand Cash and Equivalents P-1
    5.07%
  • Westpac New Zealand Ltd - Maturing 04 Dec 2024
    New Zealand Cash and Equivalents P-1
    4.53%
  • Westpac New Zealand Ltd - Maturing 30 Dec 2024
    New Zealand Cash and Equivalents P-1
    4.52%
  • ASB Bank Ltd - Maturing 16 Dec 2024
    New Zealand Cash and Equivalents P-1
    3.96%
  • ANZ Bank New Zealand Ltd - Maturing 09 Dec 2024
    New Zealand Cash and Equivalents P-1
    3.4%
  • Westpac New Zealand Ltd - Maturing 09 Dec 2024
    New Zealand Cash and Equivalents P-1
    3.4%
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 against the fund's targets.

Target

Actual

This information has been sourced from the quarterly data that each fund has filed with Disclose register to 30th Sept. 2024.