- Provider website
- Fund start date
01 October 2007
1
Mix help
0.00%
Growth assets (shares, property, other)
100.00%
Income assets (bonds, cash)
0.34%
Growth assets average
Average
99.66%
Income assets average
This is the actual mix of growth assets (shares, property) and income assets (bonds, cash) that this fund held on 31 March 2025. The average mix for defensive KiwiSaver funds is in grey.
Fees help
0.22%
Average 0.58%
Fees shown here (in purple) are based on what you would pay over a year if you had $30,000 in this fund. Compare with the average fees for defensive KiwiSaver funds (in grey).
Returns help
2.25%
Average 1.56%
Returns (in green) show how much this fund has grown in value in five years up to 31 March 2025 – after fees and taxes. Compare with the average defensive KiwiSaver fund (in grey).
Key facts
Here is what the provider says about this managed fund
“ The Cash Fund invests 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.The Cash Fund aims to achieve (after the fund charge and before tax) over the short term lower but stable returns, allowing for smaller ups and downs in value. ”
When can you get your money out?
This is a KiwiSaver fund, which means generally you can withdraw only to purchase a first home, after the age of 65 or in cases of financial hardship.
Mix
0.00%
Growth assets (shares, property, other)
100.00%
Income assets (bonds, cash)
0.34%
Growth assets average
Average
of all defensive KiwiSaver funds
99.66%
Income assets average
This is a snapshot of the proportion of growth assets (shares, property, other) or income assets (cash, bonds) that this fund held on 31 March 2025.
You can also see the average for Defensive funds, which typically hold from 0% to 10% of growth assets.
This fund's asset mix
- Growth assets
- Income assets
- ASSET TYPE
- THIS FUND
- AVERAGE OF ALL DEFENSIVE KIWISAVER FUNDS
0.00%
0.00%
0.24%
0.24%
0.00%
0.00%
0.10%
0.10%
0.00%
0.00%
0.00%
0.00%
0.00%
0.00%
55.91%
55.91%
100.00%
100.00%
43.76%
43.76%
Top 10 investments
These assets make up 31.00% of this fund.
| Asset | Asset class | Type | Country | % of Fund |
|---|---|---|---|---|
| RABOBANK NEDERLAND NZ FLOATING RATE NOTE 05/04/2027 | Cash | Cash and equivalents | NZ | 3.61% |
| BANK OF NEW ZEALAND FLOATING RATE NOTE 19/11/2027 | Cash | Cash and equivalents | NZ | 3.27% |
| WESTPAC NZ FLOATING RATE NOTE 06/07/2026 | Cash | Cash and equivalents | NZ | 3.19% |
| ASB REGISTERED CERTIFICATE OF DEPOSIT 19/05/2025 | Cash | Cash and equivalents | NZ | 3.17% |
| ASB BANK FLOATING RATE NOTE 18/10/2027 | Cash | Cash and equivalents | NZ | 3.05% |
| WESTPAC TERM DEPOSIT 28/04/2025 4.69% | Cash | Cash and equivalents | NZ | 3.03% |
| ASB REGISTERED CERTIFICATE OF DEPOSIT 09/05/2025 | Cash | Cash and equivalents | NZ | 2.96% |
| MUFG REGISTERED CERTIFICATE OF DEPOSIT 04/06/2025 | Cash | Cash and equivalents | NZ | 2.95% |
| ASB REGISTERED CERTIFICATE OF DEPOSIT 13/06/2025 | Cash | Cash and equivalents | NZ | 2.95% |
| RABOBANK FLOATING RATE NOTE 08/12/2026 | Cash | Cash and equivalents | NZ | 2.82% |
Full list of investments this fund holds
OAKS-Full-Holdings-Cash.xlsx
A complete list of the fund's holdings
Fees
0.22%
This fund
0.58%
Average defensive KiwiSaver funds
0.22%
Average 0.58%
Fees shown here (in purple) are based on what you would pay over a year if you had $30,000 in this fund. You can compare these with fees for the average defensive KiwiSaver fund (in grey).
Fees breakdown
Here's a breakdown of the different charges in this fund (in purple), compared to the average defensive KiwiSaver fund (in grey).
| Fee Type | % Over a Year | Amount Paid on a 30K Balance |
|---|---|---|
ManagementThis fee is charged to you by the fund manager on the fund or an underlying fund, and is based on a percentage of your balance. | 0.19% AVG: 0.48% | $57.00 AVG: $143.83 |
OtherThis is a summary of other potential costs not covered in the categories displayed. | 0.03% AVG: 0.05% | $9.00 AVG: $15.11 |
Performance-basedThese fees are based on the performance of the fund or underlying fund. When the fund performs well, these will be higher. | None AVG: 0.00% | $0.00 AVG: $0.00 |
MembershipYou pay this membership charge (a flat fee) each year, regardless of your balance or the fund's performance. | 0.00% AVG: 0.05% | $0.00 AVG: $15.15 |
Total combined feesThese are a total of management and administration charges and performance-based fees over a year. They do not necessarily include fees for activities like transferring or withdrawing. | 0.22% AVG: 0.58% | $66.00 AVG: $174.09 |
Returns
2.25%
This fund
1.56%
Average defensive KiwiSaver funds
2.25%
Average 1.56%
For the past five years, this fund returned this average each year to investors (in green). This was after fees and taxes (28% PIR) were taken out. To compare, you can see the average return over the same time for all defensive KiwiSaver funds (in grey).
Yearly returns
These annual returns (in green) were for the 12 months up to 31 March 2025. You can compare them to the average defensive KiwiSaver fund (in grey).
March
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
This fund
2.09%
1.57%
1.52%
1.56%
1.30%
0.62%
0.43%
2.28%
4.13%
3.83%
Average
2.63%
1.52%
2.07%
2.39%
1.67%
1.64%
-1.80%
-0.19%
3.51%
3.80%
Risks
Specific risks for this fund
Chasing higher returns while investing always increases risks. Several kinds of risks, actually. It is important to evaluate whether the returns are worth it, whether you can cope, and whether this investment will in fact help you achieve your goals. Also, since the way an investment is structured can make it riskier, it's important to understand how it works.
You'll find the specific risks in the Risk section of the PDS, and here's more about understanding risk.
OneAnswer KiwiSaver PDS - 1 August 2024.pdf
How this investment works, including about the provider, risks, costs and potential returns
Risk indicator
This is a gauge of how volatile this investment has been – how much it has gone up and down in value. It has been calculated based on the fund's five-year performance (or an appropriate market index if it has not been around that long).
The left side of this range of numbers indicates a Lower risk
The right side of this range of numbers indicates a Higher risk
- 1
- 2
- 3
- 4
- 5
- 6
- 7
The left side of this range of numbers indicates
Potentially
lower returns
The right side of this range numbers indicates
Potentially
higher
returns
Key documents
These are the most important documents that a provider is required to file about this investment.
Product disclosure statement
Before you invest in a product like a fund, you are given a PDS which has essential details about it and the company providing it. Here's more on how to read a PDS.
OneAnswer KiwiSaver PDS - 1 August 2024.pdf
How this investment works, including about the provider, risks, costs and potential returns
Fund update (most recent)
This update from the provider lets you see much of the same information shown here in Smart Investor: how this fund is performing, what it costs and the investments it currently holds.
OAKS Cash Fund- Fund Update 31 March 2025.pdf
The quarterly update published by the provider
Complete asset portfolio
Browse through the complete list of investments held by this fund.
OAKS-Full-Holdings-Cash.xlsx
A complete list of the fund's holdings
Additional disclosure documents
These are more documents from the provider that can contain interesting information.
OneAnswer KiwiSaver Guide - 10 August 2018.pdf
OAKS - Other Material Information - 10 August 2018.pdf
OAKS SIPO - 10 August 2018.pdf
OneAnswer KiwiSaver Scheme Guide - 28 June 2019.pdf
OAKS - Other Material Information - 28 June 2019.pdf
OAKS SIPO - 28 June 2019.pdf
OneAnswer KiwiSaver Scheme Guide - 15 May 2020.pdf
OneAnswer KiwiSaver Other Material Information - 15 May 2020.pdf
OneAnswer KiwiSaver SIPO - 15 May 2020.pdf
OneAnswer KiwiSaver SIPO - 15 October 2020.pdf
OneAnswer KiwiSaver Guide - 28 June 2021.pdf
OneAnswer KiwiSaver Other Material Information 28 June 2021.pdf
OneAnswer KiwiSaver SIPO - 28 June 2021.pdf
OneAnswer KiwiSaver Scheme Guide – 30 September 2021.pdf
OneAnswer KiwiSaver - OMI - 30 September 2021.pdf
OneAnswer KiwiSaver - SIPO - 30 September 2021.pdf
OneAnswer KiwiSaver Guide - 31 March 2022.pdf
OneAnswer KiwiSaver Scheme OMI - 31 March 2022.pdf
Responsible Investment Framework 1 August 2022.pdf
OneAnswer KiwiSaver Scheme Guide - 9 February 2023.pdf
OneAnswer KiwiSaver Scheme - SIPO - 9 Feb 2023.pdf
OneAnswer KiwiSaver Guide - 3 August 2023.pdf
OneAnswer KiwiSaver Scheme - OMI - 3 August 2023 FINAL.pdf
OneAnswer KiwiSaver Scheme SIPO - 3 August 2023.pdf
OneAnswer KiwiSaver Scheme Sustainable International Share Fund Sustainability Report for quarter ended 31 March 2023.pdf
SISF Quarterly Sustainability Report for quarter ended 30 June 2023.pdf
OAKS-SISF-Quarterly-Sustainability-Report.pdf
OAKS-SISF-Quarterly-Sustainability-Report - Dec 2023.pdf
OneAnswer KiwiSaver Scheme SIPO - 13 March 2024.pdf
Responsible Investment Framework 13 March 2024.pdf
OAKS-SISF-Quarterly-Sustainability-Report 31 March 2024.pdf
OneAnswer KiwiSaver Scheme SIPO - 15 July 2024.pdf
OneAnswer KiwiSaver Guide - 1 August 2024.pdf
OAKS OMI - 1 August 2024.pdf
OAKS-SISF-Quarterly-Sustainability-Final 30 June 2024.pdf
OneAnswer KiwiSaver Scheme SIPO - 21 October 2024.pdf
OAKS - Underlying funds and external fund managers - 21 October 2024.pdf
OAKS-SISF-Quarterly-Sustainability- Final 30 September 2024.pdf
OneAnswer KiwiSaver Scheme SIPO - 2 December 2024.pdf
ANZ Investments Responsible Investment Framework - 2 December 2024.pdf
OneAnswer KiwiSaver Scheme SIPO - 17 February 2025.pdf
OAKS Underlying Funds and External Fund Managers - 16 December 2024.pdf
OAKS-SISF-Quarterly-Sustainability- 31 December 2024.pdf
ANZ Investments Responsible Investment Framework 4 March 2025.pdf
OAKS - Underlying Funds & External Fund Managers - 17 March 2025 - FINAL.pdf
OAKS-SISF-Quarterly-Sustainability- 31 March 2025.pdf
Statement of investment policy and objectives (SIPO)
A SIPO tells you where the fund managers are coming from. It sets out the governance and management framework, philosophy, strategies and objectives for this investment.
OneAnswer KiwiSaver Scheme SIPO - 17 February 2025.pdf
Strategies and objectives for this investment
Key personnel
These are the directors and employees who have the most influence on investment decisions for this fund.
| Name | Current position | Time in role |
|---|---|---|
| GEORGE CROSBY | Chief Investment Officer | 1 year, 1 month |
| MATHEW YOUNG | Deputy Chief Investment Officer | 1 year, 0 months |
| IAIN COX | Head of Australasian Fixed Interest and Cash | 11 years, 1 month |
| VARUN KHANNA | Fund Manager Fixed Interest | 2 years, 1 month |
| PAUL GREGORY | Head of Investment Partnerships | 1 year, 0 months |
Additional details
Manager details
Name
ANZ NEW ZEALAND INVESTMENTS LIMITED
Type
NZ Limited Company
Website
NZBN
9429039355140
FSP Number
Supervisor
Name
THE NEW ZEALAND GUARDIAN TRUST COMPANY LIMITED
Fund details
Asset liquidity ratio help
100.04%
Total value of fund help
$88,627,441.53
Debt ratio help
0.04%
Continuous issue help
Yes
Default KiwiSaver help
No
Lifecycle option help
No
Multi-fund option help
No
Schedule 1 exemption help
No
FMA exemption help
No
Number of members
1,613
Reference numbers
Fund
FND2176: CASH FUND
Offer
OFR11072: ONEANSWER KIWISAVER SCHEME
Scheme
SCH11061: ONEANSWER KIWISAVER SCHEME
Next steps
Want to know more about this investment or how it compares to others? Have a look at its peers.
Product disclosure statement
Take a deeper dive into the PDS, which has essential details about this offer and the company providing it. Here's more on how to read a PDS.
Fund update (most recent)
These are provided to members of the fund (usually once each quarter) to update them on its performance.
Getting investment advice
Good advice is gold. Everyone can benefit from expert advice, provided the adviser has your interests at heart. Here's how to find one and key questions to ask.
Interested in investing in this offer? Visit the provider's website. anz.co.nz