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ASB - NZ CASH FUND

Bank

last updated on 2024-02-26 14:28:54

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Overview

Rating

Fund name

NZ CASH FUND

Membership fee per annum

0.00

Fund performance 5 year

1.44%

Number of members

40711

Date fund started

2007-10-02

Fund type

No data

Estimated annual fees

0.35%

NZ invested Assets

0.00

Total value of fund

$873 412 293

Data last updated

2024-02-22 21:10:31

Fund investment mix

Cash

100%

Growth Assets

0.00

Bonds

0.00

Investments

Investments

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.