AMP Capital NZ Cash Fund

How the Fund works

The New Zealand Cash Fund is an actively managed portfolio of bank bills, floating rate notes and short term deposits and securities, with a maximum weighted average duration not exceeding six months. The investment team considers economic fundamentals, market sentiment, fund flows and relative value between the cash rate and other securities along the yield curve in determining the selection of suitable securities.

 

How does the Fund meet your needs?

The fund uses both interest rate and credit strategies with the aim of providing you with a return above the Bloomberg NZ Bond Bank Bill Index on a rolling 12 month basis. The fund is ideal if you are looking for a low risk and capital secure product, or if you have short term (one to three year) investment goals.

Fund facts as at 30 June 2020

Product code AIF D
Type of fund Managed Fund. This fund is a Portfolio Investment Entity (PIE).
Investment objective To provide a Gross Return above the return of the Bloomberg NZBond Bank Bill Index on a rolling 12 month basis.
Investment approach Investment is primarily in investment grade New Zealand short-term securities, deposits and floating rate notes in the wholesale money market, with a focus on adding value by credit risk management and interest rate management. The fund targets a maximum weighted average duration not exceeding six months.
Net Fund size $3,715.2 million
Fund inception date 06 Jan 1995
Minimum suggested timeframe 1 year
Distribution frequency HalfYearly
Benchmark Bloomberg NZBond Bank Bill Index on a rolling 12 month basis
Risk level (1-7) 1. Very Low
Platform access Aegis, FNZ and InvestNow

Unit Prices

As at 28 Sep 2020
Buy
1.64389
Sell
1.64389

Performance

As at 31 Aug 2020
1 Month 0.06%
3 Month 0.16%
1 Year 1.26%
3 Year 2.02%
5 Year 2.31%
Past performance is not a reliable indicator of future performance.

Important note: The unit prices displayed in this section are indicative only

Unit prices are provided for your information only and are not guaranteed. They are based on historical data and you should not rely on the above information as the basis for making any investment, financial or other decision as past unit prices are not a reliable indicator of future unit prices. During the time it takes to process an application or redemption application, the unit price may vary and the actual unit prices applying to applications and redemptions may differ from those displayed in this section. For more information on how AMP Capital can help you, please speak to your Financial Adviser or call us on 0800 400 499.

Important notes: Past Performance

Past performance is not a reliable indicator of future performance.

Our fund performance figures are shown before tax, before fees and assume that income is reinvested. Neither AMP Capital Investors (New Zealand) Limited nor any other company in the AMP Group guarantees the repayment of capital or the performance of any product or any particular rate of return. Past performance is not a reliable indicator of future performance. Every effort has been made to ensure the accuracy of this information, however, AMP Capital (New Zealand) Limited nor any other company in the AMP Group gives any warranty of reliability, or accuracy, nor accepts any responsibility arising in any way from errors or omissions.

 

Product Disclosure Statements (PDSs) for the offer of the AMP Capital Investment Funds have been lodged with the Registrar of Financial Service Providers. The Cash and Fixed Interest Funds PDS can be obtained from our website and from the Disclose website www.business.govt.nz/disclose. Nothing on this page is financial advice for the purposes of the Financial Advisers Act 2008 and any associated regulations. You can seek advice from a financial advisor to help you make an investment decision. The Manager and the Issuer of the Fund is AMP Investment Management (NZ) Limited, Meridian Building, Level 1, Queens Wharf, Wellington.

Cookies & Tracking on our website.  We use basic cookies to help remember selections you make on the website and to make the site work. We also use non-essential cookies, website tracking as well as analytics - so we can amongst other things, show which of our products and services may be relevant for you, and tailor marketing (if you have agreed to this). More details about our use of cookies and website analytics can be found here
You can turn off cookie collection and/or website tracking by updating your cookies & tracking preferences in your browser settings.