Summer New Zealand Cash

Summer New Zealand Cash fund performance summary as at 31 October 2020.

Fund at a glance

Unit price (as at 31 October 2020): $1.0487

Date the fund started: 19 September 2016

For information on fees, see our Fees page.

For more information on the Summer New Zealand Cash fund read the latest quarterly fund update and the product disclosure statement

Fund objective and strategy

See the New Zealand Cash page for the Summary of investment objective and strategy.

Fund returns

 Annualised total since inception1 Month3 Months1 Year3 Years^
Fund 0.84% 0.00% 0.02% 0.46% 0.77%

Fund returns are calculated net of fund charges, trading expenses and accrued tax for a New Zealand resident individual paying tax at the highest Prescribed Investor Rate (28%). 
^ Annualised

Top 10 Investments 

  Asset name % of fund net assets
1 Westpac Cash Deposit 21.23%
2 New Zealand Government Bonds 15/05/2021 6.00% 19.55%
3 Spark Finance Limited Commercial Paper 10/11/2020 18.45%
4 Genesis Energy Limited Commercial Paper 12/01/2021    16.59%
5 ANZ transactional bank account 11.35%
6 Fonterra Co-operative Group Ltd Fixed Rate Bonds 20/10/2021 4.33% 7.85%
7 GMT Bond Issuer Ltd 16/12/2020 6.20% 4.98%
  Total value of top 10 assets 100.00%


Manager's Commentary

The next Manager’s commentary will be included in the December Performance Summary (available January 2021).


This is not a recommendation to buy or sell any financial product and does not take your personal circumstances into account. All opinions reflect our judgement on the date of communication and may change without notice. Past performance is not a reliable guide to future performance. We recommend you take financial advice before making investment decisions. We have prepared this web page in good faith based on information obtained from other sources, but we do not guarantee the accuracy of that information. We do not make any representation or warranty (express or implied) that this web page is accurate, complete, or current and to the maximum extent permitted by law disclaim any liability for loss which may be incurred by any person relying on this web page.