OneAnswer KiwiSaver Scheme Cash Fund

Fund report as at 30 June 2019

How has the fund performed?

Performance as at 30 June 2019

3 months

1 year

3 years (pa)

5 years (pa)

Since launch

0.53%

2.16%

2.16%

2.55%

3.20%

Performance is after the annual fund charge, and before tax and membership fees (if applicable). For more information, see legal information and disclaimers.

What happened this quarter (3 months to 30 June 2019)

  • The fund’s steady performance continued in an environment of low interest rates. During the quarter, the Reserve Bank of New Zealand set the Official Cash Rate at a record low 1.5% in early May and indicated in June that it was likely to continue to maintain this course.  

Need more information?

  • Read our Market Review for more information on investment markets
  • Key read: why it’s wise not to try to time the market or chase returns

What does the fund invest in?

The fund invests mainly in cash and cash equivalents. Investments may include cash and cash equivalents issued by the New Zealand Government, New Zealand-registered banks, corporations and local authorities, non-New Zealand sovereign, supranationals or related agencies denominated in New Zealand dollars.

This chart shows the mix of assets that the fund generally intends to invest in.

See the fund's actual investment mix on page 3 of the Fund update.