AMP Capital NZ Cash Fund

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Not Mindful
Type: Defensive fund
Past Returns: 1.43%

Average annual returns over the past 3 years, after fees and taxes. * indicates less than 3 years of data.

Annual Fees: 0.27%

Annual fees, including any membership and % management fee.

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 data is compiled by Mindful Money from the fund information and portfolios that each fund has filed with the Disclose register to Wed Sept. 30th 2020 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.

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.

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
2020 1.67% 1.17%
2019 2.69% 1.56%
2018 2.37% 1.55%
2017 1.63% 1.68%
2016 2.91% 2.35%
2015 5.21% 2.66%
2014 1.36% 2.25%
2013 4.22% 2.33%
2012 3.86% 2.39%
2011 3.79% 2.81%

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 Thu Dec. 31st 2020.

Showing the top 10 investments for this fund:

  • Call Account (Rabobank Advance Account NZD)
    New Zealand Cash and Equivalents A
    7.1%
  • Westpac New Zealand Ltd Bond Maturing 13 Apr 21
    New Zealand NZ Fixed Interest A
    3.52%
  • Westpac New Zealand Ltd Bond Maturing 26 Mar 21
    New Zealand NZ Fixed Interest A
    3.37%
  • Westpac New Zealand Ltd Bond Maturing 28 May 21
    New Zealand Cash and Equivalents A
    3.27%
  • Westpac New Zealand Ltd Bond Maturing 12 Feb 21
    New Zealand Cash and Equivalents A
    3.22%
  • Westpac New Zealand Ltd Note Maturing 26 Feb 21
    New Zealand Cash and Equivalents A
    3.06%
  • Westpac New Zealand Ltd Bond Maturing 12 Mar 21
    New Zealand Cash and Equivalents A
    3.06%
  • Westpac New Zealand Ltd Bond Maturing 14 May 21
    New Zealand Cash and Equivalents A
    3.06%
  • Westpac New Zealand Ltd Bond Maturing 23 Apr 21
    New Zealand Cash and Equivalents A
    3.01%
  • ASB Bank Ltd Bond Maturing 15 Feb 21
    New Zealand Cash and Equivalents A
    2.45%

This information has been sourced from the quarterly data that each fund has filed with Disclose register Thu Dec. 31st 2020.

How the money in this fund is invested against the fund's targets.

Target

Actual


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%

This information has been sourced from the quarterly data that each fund has filed with Disclose register to Thu Dec. 31st 2020.

Does this fund have a policy to exclude any industries from its investments? The first column shows if the fund has a policy to exclude the issue. The second column shows if there are any current investments (source: Mindful Money research).

The Fund may have investments that are not consistent with their exclusions policy because they are still in the process of implementing their policy.

  • Issue of concern
    Does this fund say it excludes this?
    Actual holdings
  • Adult Entertainment/Pornography:
    0.00%
  • Alcohol:
    0.00%
  • Animal Testing:
    0.00%
  • Fossil Fuels:
    0.00%
  • Gambling:
    0.00%
  • GMOs:
    0.00%
  • Human Rights & Environmental Violations:
    0.00%
  • Palm Oil:
    0.00%
  • Tobacco:
    0.00%
  • Weapons:
    0.00%

This data is compiled by Mindful Money from the fund information and portfolios that each fund has filed with the Disclose register to Wed Sept. 30th 2020 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.

Note that the fund’s intended exclusions may not be consistent with the analysis of the portfolio because of timing issues or because there are companies of concern in indirect investments by the fund.

Note that many funds exclude controversial weapons. However, the category of Weapons used in this analysis is broader in scope, covering all munitions, firearms and military weapons.

In their own words

"The fund is an actively managed portfolio of bank bills floating rate notes and short term deposits and securities that targets capital security and liquidity.Environmental Social and Governance characteristics are integrated into our investment process where applicable.The performance objective of the fund is to provide a Gross Return (see note 1 below) above the return of the Bloomberg NZBond Bank Bill Index on a rolling 12 month basis."

Value $3.3B NZD
Period of data report Thu Dec. 31st 2020
Members Not provided
Fund started Thu June 1st 1995
Total annual fund fees 0.27%
Total performance based fees 0.0%
Manager's basic fee 0.25%
Administration charges 0.02%
Total other charges 0.0
Total other charges currency NZD

Key Personnel

Rebekah Swan

Currently: Managing Director and Head of Client Services AMP Capital Investors (New Zealand) Limited (0 years, 2 months)
Previously: ESG Investment Specialist NZ and Head of Product AMP Capital Investors (New Zealand) Limited (1 years, 8 months)

Greg Fleming

Currently: Head of Investment Strategy AMP Capital Investors (New Zealand) Limited (4 years, 4 months)
Previously: Research Strategist Wealth Management First New Zealand Capital Securities Limited (1 years, 3 months)

Vicky Hyde-Smith

Currently: Head of Fixed Income AMP Capital Investors (New Zealand) Limited (3 years, 10 months)
Previously: Co-Head of Fixed Income AMP Capital Investors (New Zealand) Limited (0 years, 10 months)

Tim Mowbray

Currently: Portfolio Manager AMP Capital Investors (New Zealand) Limited (2 years, 10 months)
Previously: Investment Analyst Fixed Income AMP Capital Investors (New Zealand) Limited (2 years, 0 months)

Carrick Lucas

Currently: Fixed Income Analyst AMP Capital Investors (New Zealand) Limited (2 years, 0 months)
Previously: Senior Portfolio and Liquidity Manager Kiwibank (4 years, 3 months)

This information has been sourced from the quarterly data that each fund has filed with Disclose register to Thu Dec. 31st 2020.

Downloads

Download the fund's disclosure statement and portfolio holdings.

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Before investing, consider your investment aims, your values and your risk preferences. You should read the Product Disclosure Statement for the investment fund carefully. It contains the fund’s investment objectives, risks, fees and other information which you should know before investing. This website has a list of the advisers that are registered with the Responsible Investment Association of Australasia. You should contact an investment adviser before investing if you have questions or if you are unclear about the implications of your investment decision.