Skip to main contentSkip to log on

ANZ KiwiSaver Scheme Cash Fund

Quarterly fund report

How has the fund performed?

Performance as at 30 June 2025

Rate

3 months

0.93%

1 year

4.83%

3 years (p.a.)

4.97%

5 years (p.a.)

3.24%

10 years (p.a.)

2.74%

Since launch (p.a.)

2.94%


Performance is after the annual fund charge and before tax. Rates, fees and agreements.


What happened this quarter (three months to 30 June 2025)

  • In New Zealand, the Reserve Bank of New Zealand cut the Official Cash Rate (OCR) twice, bringing it down to 3.25%. In a surprising move, one committee member voted to keep rates unchanged at the May meeting, prompting a formal vote that resulted in a 5-1 decision to cut the OCR.
  • Economic data provided mixed signals. Q1 GDP growth came in strongly at 0.8%, exceeding most forecasts, while the unemployment rate held steady at 5.1%.
  • Amid the broader market volatility, cash stood out as a resilient asset class, delivering stable and positive returns while preserving capital.

What does the fund invest in?

The fund invests mainly in cash and cash equivalents. These may include investments issued by New Zealand-registered banks, the New Zealand Government, corporations or local authorities, or non-New Zealand governments.

This chart shows the mix of assets that the fund generally intends to invest in – 100% cash and cash equivalents.



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


Important information

ANZ New Zealand Investments Limited is the issuer and manager of the ANZ KiwiSaver Scheme. Important information is available under terms and conditions. Download the guide and product disclosure statement.

This material is for information purposes only. We recommend seeking financial advice about your situation and goals before getting a financial product. To talk to one of our team at ANZ, please call 0800 736 034, or for more information about ANZ’s financial advice service or to view our financial advice provider disclosure statement see anz.co.nz/fapdisclosure