Booster Enhanced Cash Fund
Enhanced Cash Fund is a defensive KiwiSaver fund managed by Booster. It has 4,965 members and holds $102 million. It opened in 2007.
Fees and returns
- Annual fee
- 0.75% of your balance each year
- Return over 1 year
- +2.0% a year
- Return over 3 years
- +2.9% a year
- Return over 5 years
- +2.1% 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 +2.1% 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 0.4 percentage points.
What it invests in
Cash and cash equivalents 100%.
Largest holdings
- NZ Cash (BNZ Bank Trust Account) 12.88%
- BNZ Bank Bill 28/04/2026 10.14%
- Westpac Treasury - TD 08 Jul 2026 @ 2.997 6.18%
Year by year
| Financial year | Return |
|---|---|
| 2025/26 | +2.0% |
| 2024/25 | +3.3% |
| 2023/24 | +3.3% |
| 2022/23 | +1.7% |
| 2021/22 | +0.2% |
| 2020/21 | +0.2% |
| 2019/20 | +1.0% |
| 2018/19 | +1.4% |
| 2017/18 | +1.4% |
| 2016/17 | +1.4% |
About this fund
The Booster Enhanced Cash Fund is a defensive fund invested entirely in cash and cash-equivalent instruments such as bank deposits and short-term securities. It has no growth-asset exposure, aiming for modest positive returns over the short and long term. It has an annual fund charge of 0.75%.