OneAnswer 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 | 4.82% |
3 years (p.a.) | 4.96% |
5 years (p.a.) | 3.24% |
10 years (p.a.) | 2.69% |
Since launch (p.a.) | 3.13% |
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.
For more information on investment markets
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 (‘ANZ Investments’) is the issuer and manager of the ANZ KiwiSaver Scheme, the OneAnswer KiwiSaver Scheme and the ANZ Default KiwiSaver Scheme (no longer a default scheme and closed to new members). For the scheme guides and product disclosure statements see KiwiSaver documents and forms or ask at any ANZ branch.
This material is for information purposes only. Please talk to us if you need financial advice about your situation and goals or about our products and services. See our Financial advice provider disclosure statement (PDF 39.9KB).
Past performance does not indicate future performance. The actual performance any given investor realises will depend on many things, is not guaranteed and may be negative as well as positive.