Harbour Enhanced Cash Fund vs Summer New Zealand Cash

Both funds sit in the Cash category, but the most material structural difference is data availability: the Harbour Enhanced Cash Fund's latest Quarterly Fund Update did not supply fee, risk indicator, fund size, return history, or holdings data in this snapshot, making a like-for-like numerical comparison impossible on almost every dimension. Readers should treat the Harbour side of this comparison as structurally incomplete.

Where data does exist, Summer New Zealand Cash discloses a 0.62% annual fund charge, a risk indicator of 1 (the lowest point on the 1–7 scale), a five-year return of 2.41% per annum, and a fund size of approximately NZD 4.9 million. Its disclosed asset allocation shows 0.31% in growth assets, with the remainder in income assets — consistent with a cash-category mandate. Top holdings include a New Zealand Government bond maturing May 2028 (5.06%), a Bank of China call account (4.27%), a Kiwibank floating-rate note (4.20%), and two commercial paper positions each near 3.86%, indicating a short-duration, diversified deposit-and-credit-instrument approach. Summer New Zealand Cash is offered within a KiwiSaver scheme account structure, as referenced in its PDS.

Harbour does not disclose whether the Enhanced Cash Fund is available as a KiwiSaver scheme account option; the fund's category label alone confirms a cash orientation. No fee, risk indicator, return, or holdings data is available from Harbour's side in this snapshot.

Verify all figures against each fund's current Product Disclosure Statement and latest Quarterly Fund Update on FMA Disclose before relying on any of this information.