How the Fund works
The Cash Advantage Fund is a passively managed fund, with all investment monies held in a bank call deposit with the New Zealand branch of Rabobank.
How the Fund meets your needs
The fund aims to provide you with pre-tax returns similar to investing in an ‘on call’ bank deposit, but generally with a maximum final tax rate of 28%^.
The fund suits investors who seek a low risk and capital secure product, or who have short term (one to three year) investment goals.
What are the key risks with this Fund?
The return from cash comes in the form of interest. This return is closely linked to short term interest rates which move up and down in cycles.
Inflation is another risk of investing in cash as inflation erodes the value of money over time.
Fund facts as at 31 March 2017
|Type of fund
||Unit Trust. This fund is a Portfolio Investment Entity (PIE).
||Aims to provide investors with pre-tax returns similar to a bank deposit.
||Passively managed fund, with all investment funds held in a bank deposit with the New Zealand branch of Rabobank.
|Net fund size
||27 November 2007
|Minimum suggested timeframe
||Short term (minimum one year)
Direct with AMP Capital, Aegis, FNZ
How to invest
Contact your financial adviser about investing in AMP Capital funds. Advisers can access our products through a number of platforms and wrap services.
To find out more, read the application process document, contact a business development manager or call us on 0800 400 499.
To invest, call us on 0800 400 499 or contact a relationship manager.
* This rate is subject to change.
Product Disclosure Statements (PDSs) dated 29 November 2016 for the offer of the AMP Capital Cash Funds have been lodged with the Registrar of Financial Service Providers. The Cash Advantage Fund PDS can be obtained from our website and from the Disclose website www.business.govt.nz/disclose. Nothing on this page is financial advice for the purposes of the Financial Advisers Act 2008 and any associated regulations. You can seek advice from a financial advisor to help you make an investment decision. The Manager and the Issuer of the Fund is AMP Investment Management (NZ) Limited, Ground Floor, 113 - 119 The Terrace, Wellington.