AMP Cash Fund
Amp Cash Fund is a defensive KiwiSaver fund managed by AMP. It has 2,891 members and holds $114 million. It opened in 2007.
Fees and returns
- Annual fee
- 0.57% of your balance each year
- Return over 1 year
- +1.8% a year
- Return over 3 years
- +3.0% a year
- Return over 5 years
- +2.2% a year
Figures are after fees and tax, as at Q3 2026, sourced from the FMA Disclose Register.
How it compares
Over the last five years this fund returned +2.2% a year. The median for cash funds over the same period was +2.5% a year, across 13 funds. This fund is behind that median, by 0.3 percentage points.
What it invests in
Cash and cash equivalents 100%.
Largest holdings
- ASB Bank Ltd - maturing 09 Jun 2026 6.05%
- Bank of New Zealand - maturing 20 Apr 2026 4.97%
- Bank of New Zealand - maturing 05 May 2026 4.97%
Year by year
| Financial year | Return |
|---|---|
| 2025/26 | +1.8% |
| 2024/25 | +3.4% |
| 2023/24 | +3.7% |
| 2022/23 | +2.0% |
| 2021/22 | 0.0% |
| 2020/21 | 0.0% |
| 2019/20 | +1.0% |
| 2018/19 | +1.2% |
| 2017/18 | +1.1% |
| 2016/17 | +1.3% |
About this fund
The AMP Cash Fund is a single-sector defensive fund that invests entirely in cash and short-term bank deposits. It aims for modest, stable returns with very low investment risk and little short-term movement in value, and applies AMP's sustainable-investment exclusions (no tobacco, controversial weapons, fossil-fuel extraction and similar). It has an annual fund charge of 0.57%.