Amp Kiwisaver Scheme
Amp Cash Fund
The Smiths take
Amp Cash Fund Smiths Rating B+
Smiths' editorial rating, our internal opinion based on 10-year returns, fees, and risk band fit. Not a formal credit rating or regulated star rating.
The fund matches or beats the group average on the standard Sorted measures. Read the full breakdown below.
General information only · Past performance is not a reliable indicator of future performance · For personal advice please contact us.
At a glance
This fund is for investors seeking
Three quick reads for whether the Amp Cash Fund fits your situation.
A 1+ year timeframe
This is a defensive KiwiSaver fund. The provider's recommended minimum holding period sits in the 1+ year range.
A lower-risk investment
Sorted's risk indicator places this at 2 on a 1–7 scale. Smaller swings, lower long-term returns.
Mostly income assets
0% growth assets (shares, property) and 100% income assets (bonds, cash). Spread across multiple asset classes.
Snapshot
The headline numbers
Mix
0.00% / 100.00%
Growth / Income · avg 0.36% / 99.64%
Fees
0.65%
$194 on $30k · avg 1.22%
5-yr return
2.10%
Annualised, after fees & 28% PIR · avg 2.10%
What the provider says
In their own words
“This is a single sector fund which primarily invests in cash and short-term deposits. The fund aims to achieve modest, stable returns with a very low level of investment risk, in exchange there should be no significant short-term movements up and down in the value of your investments.”
- Fund start date
- 1 October 2007
- Withdrawal rules
- This is a KiwiSaver fund. generally you can withdraw only to purchase a first home, after the age of 65, or in cases of significant financial hardship.
Asset mix
What this fund actually holds
Growth assets are 0.00% of the fund, income assets the rest. The mix is the latest snapshot from Sorted, with the average for this risk band's KiwiSaver funds shown alongside.
- Sharesthis fundavg
0.00%
avg 0.23%
- Propertythis fundavg
0.00%
avg 0.14%
- Otherthis fundavg
0.00%
avg 0.00%
- Bondsthis fundavg
0.00%
avg 50.54%
- Cashthis fundavg
100.00%
avg 49.09%
What it owns
Top 10 holdings. 50.46% of the fund
The rest is spread across hundreds of other positions. Full holdings live in the provider's portfolio file.
Bank Of New Zealand - Maturing 05 Jan 2026
Cash
Cash and Cash EquivalentsNZ9.92%Asb Bank Ltd - Maturing 09 Feb 2026
Cash
Cash and Cash EquivalentsNZ6.05%Bank Of New Zealand - Maturing 19 Jan 2026
Cash
Cash and Cash EquivalentsNZ4.96%Westpac New Zealand Ltd - Maturing 03 Feb 2026
Cash
Cash and Cash EquivalentsNZ4.40%Rabobank New Zealand - Maturing 20 Mar 2026
Cash
Cash and Cash EquivalentsNZ4.39%Westpac New Zealand Ltd - Maturing 10 Mar 2026
Cash
Cash and Cash EquivalentsNZ4.39%Asb Bank Ltd - Maturing 19 Mar 2026
Cash
Cash and Cash EquivalentsNZ4.39%Bank Of New Zealand Call Account
Cash
Cash and Cash EquivalentsNZ4.25%Westpac New Zealand Ltd - Maturing 14 Jan 2026
Cash
Cash and Cash EquivalentsNZ3.86%Bank Of New Zealand - Maturing 22 Jan 2026
Cash
Cash and Cash EquivalentsNZ3.85%
Fees breakdown
What you actually pay
Modelled on a $30,000 balance held for one full year. Each line shows this fund's % and dollar cost vs. the average for funds in the same risk band.
Management
Charged by the fund manager, % of your balance.
0.51%
avg 0.47%
$153
avg $140
+0.04%Other
Other potential costs not in the categories below.
0.00%
avg 0.23%
-
avg -
−0.23%Performance-based
Higher when the fund (or underlying fund) performs well.
0.00%
avg -
$0
avg -
Membership
A flat annual fee, regardless of balance or performance.
0.08%
avg 0.05%
$23
avg $15
+0.03%
Total combined fees
Doesn't include fees for one-off activities like transferring or withdrawing.
0.65%
avg 1.22%
$194
avg $366
Yearly returns
2.10% per year over 5 years
Each bar is the 12-month return ending in March, after fees and 28% PIR. Past performance is not a reliable indicator of future performance.
Returns: living in the past
Seeking returns is the point of investing, but the ones shown above are already gone. they won't continue. Pick a fund based on the right mix for your situation and reasonable fees, not on past returns.
Risk indicator
Sorted risk rating: 2 of 7
The Sorted risk indicator is calculated from the last 5 years of price volatility. Higher = more ups and downs but typically higher long-term returns.
Fund details
The unsexy stats that matter
- Total fund value
- $104,623,099
- Members
- 2,833
- Asset liquidity ratio
- 100.00%
- Debt ratio
- 0.06%
- Default KiwiSaver fund
- No
- Fund reference
- FND130
Manager
Amp Kiwisaver Scheme
Licensed with the Financial Markets Authority.
- NZBN
- 9429038259210
- FSP number
- FSP25061
Smiths Health Check
Is the Amp Cash Fund actually the right fund for you?
Take the 90-second Health Check. We'll grade your current setup, tell you what it's costing you, and recommend the best fit from our advised panel, benchmarked against every fund in the directory, not just amp.
Our directory covers every NZ KiwiSaver fund. Our advice panel is five schemes (ANZ, Booster, Fisher Funds, Generate, Milford); recommendations land on four funds across Milford and Booster — how we're paid →