Lifetime Cash Fund
The Lifetime Cash Fund is a single sector fund that provides exposure to Cash & Cash Equivalents. It is invested 100% in income assets (Cash & Cash Equivalents). The fund seeks to track the S&P/NZX Bank Bills 90-Day Index. It does this through investing 100% into the Fisher Institutional New Zealand Cash Fund.
Underlying Managers & Target Asset Allocations
The table below sets out the target asset allocation and underlying investment managers for the Fund.
|
Asset Class |
Underlying Fund Managers |
Underlying Fund |
Benchmark Asset Allocation |
|
Cash & Cash Equivalents |
Fisher |
Fisher Institutional New Zealand Cash Fund |
100% |