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 31 December 2018
| Code | AIF D |
|---|---|
| Type of fund | Managed Fund. This fund is a Portfolio Investment Entity (PIE). |
| Performance objective | To provide a gross return above the return of the Bloomberg NZ Bond Bank Bill index on a rolling 12 month basis |
| Investment approach | Uses both interest rate and credit strategies with the aim to deliver a return above the Bloomberg NZBond Bank Bill Index. 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. |
| Net Fund size | $3,622.0 million |
| Establishment date | 16 May 1995 |
| Minimum suggested timeframe | Short term (minimum one year) |
| Distribution frequency | Six monthly (March and September) |
| Benchmark | Bloomberg NZBond Bank Bill Index on a rolling 12 month basis |
| Platform access | Direct with AMP Capital, Aegis, FNZ |
Risk Indicator
Fund Information
Unit Prices
Performance
| 1 Month | 0.21% |
|---|---|
| 3 Month | 0.61% |
| 1 Year | 2.43% |
| 3 Year | 2.54% |
| 5 Year | 3.04% |
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Important note: The unit prices displayed in this section are indicative only
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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.
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Important notes: Past Performance
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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.
How to invest
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.