Superlife NZ Cash Fund
NZ Cash Fund is a defensive KiwiSaver fund managed by Superlife. It has 3,169 members and holds $75 million. It opened in 2007.
Fees and returns
- Annual fee
- 0.52% of your balance each year
- Return over 1 year
- +2.0% a year
- Return over 3 years
- +3.1% a year
- Return over 5 years
- +2.4% 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 +2.4% 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 0.1 percentage points.
What it invests in
Cash and cash equivalents 100%.
Largest holdings
- NZLGFA Bond 15/04/26 1.50 3.31%
- Rabobank FRN 08/12/26 2.69%
- Kiwibank TD 17/12/26 3.15 2.53%
Year by year
| Financial year | Return |
|---|---|
| 2025/26 | +2.0% |
| 2024/25 | +3.7% |
| 2023/24 | +3.7% |
| 2022/23 | +2.1% |
| 2021/22 | +0.6% |
| 2020/21 | +0.7% |
| 2019/20 | +1.3% |
| 2018/19 | +1.7% |
| 2017/18 | +1.8% |
| 2016/17 | +2.0% |
About this fund
The Superlife NZ Cash Fund is a defensive fund invested in New Zealand cash, term deposits, floating-rate notes and short-dated government-linked instruments, benchmarked to the S&P/NZX Bank Bill 90-Day Index, with no growth assets. Its return path tracks short-term interest rates. It carries an annual fund charge of 0.52%.