| PORTFOLIO MANAGER | Andrew Kelleher |
| RISK PROFILE | Low |
| MINIMUM SUGGESTED INVESTMENT PERIOD | Short term (3 months) |
| FEE | 0.25% p.a. |
| PAYS QUARTERLY DISTRIBUTION | Yes |
| OBJECTIVE | The Fund aims to provide investors with regular income in excess of bank deposits whilst preserving capital value. |
| STRATEGY | The Fund will invest, either directly or through other managed funds, in a well-diversified portfolio of cash and cash equivalents and New Zealand fixed interest securities. |
| FUND BENCHMARK | Bloomberg NZBond Bank Bill Index |
The Enhanced Cash PIE offers an alternative to term deposits or bank savings accounts. The fund’s underlying assets are a well diversified portfolio of short maturity New Zealand fixed interest securities and New Zealand interest-earning bank accounts. The Fund may be suitable for investors looking for a low-risk investment or investors wanting to stage entry into higher volatility investments over a period of time.
