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.
For more information you can access the Funds Statement of Investment Objectives and Policy (SIPO).
Asset Class |
Underlying Fund Managers |
Investment Managers |
Product Name |
Benchmark Asset Allocation |
Cash & Cash Equivalents |
Fisher |
Fisher |
Fisher Institutional New Zealand Cash Fund |
100% |
The ‘FLP Cash Fund' was renamed the ‘Lifetime Cash Fund’ when Lifetime Asset Management acquired the Scheme on 30 September 2023.