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About

Morningstar Fund Report

Nikko AM NZ Corporate Bond

Retail

Fund Report | Report generated 22 Sep 2017 |  Read the Analyst Research Report

Performance

31 Aug 2017

Growth of $10,000

Fund
Fund: Nikko AM NZ Corporate Bond
Index
Index: S&P/NZX NZ Composite Invest Grade NZD
Category
Category: NZ Bonds

Financial Year Total Returns

Mar-15 Mar-16 Mar-17 Aug-17
Fund 8.88 6.20 2.71 2.98
+/- Cat 1.02 0.65 1.00 0.89
+/- Index -0.06 -0.39 1.14 0.63

Trailing Total Returns

as at 31 Aug 2017
Total Return +/- Cat +/- Index Cat Rank
1 Month 0.67 0.22 0.18 1 / 33
3 Month 1.25 0.71 0.87 2 / 33
1 Year 2.54 1.55 1.78 2 / 32
3 Year 5.72 1.01 0.38 1 / 31
5 Year 5.36 1.50 1.28 1 / 29

Risk Analysis

as at 31 Aug 2017
3-Year Risk Measures Fund Category Index
Standard Deviation 1.98 2.06 2.43
Sharpe Ratio 1.63 1.14 --
R-Squared 91.86 88.92 --
Beta 0.78 0.8 --
Alpha 0.97 -0.07 --

Fund Details

Fund Inception 15 Jul 2009
Responsible Entity Nikko Asset Management NZ Ltd
Fund Manager Nikko Asset Management NZ Ltd
Base Currency $NZ
Net Assets $Mil
(as at 31 Aug 2017)
220.07
Minimum Investment $ 5,000
Regular Savings Plan
(Yes/No)
Yes
Cash Distributions Quarterly

Current Investment Style

as at 31 Jul 2017

Style Box is unavailable.

Asset Allocation

% as at 31 Aug 2017

Domestic Equity 0.000
International Equity 0.000
Listed Property 0.000
Unlisted Property 0.000
Domestic Fixed Interest 98.290
International Fixed Interest 0.000
Cash 1.710
Other 0.000

Morningstar Sustainability Rating  Learn more

Quick Stats

as at 20 Sep 2017

APIR Code --
Legal Type Investment Trusts
Status Open
Category NZ Bonds
Entry Price $ 1.1619
Exit Price $ 1.1619
Exit Price
1 Week Change $
-0.0060

Morningstar Ratings

Overall 5
3 Year 5
5 Year 5
10 Year  

Fees & Expenses

One-Time

Entry Fee/Contribution Fee 0.00%
Exit Fee/Withdrawal Fee 0.00%
Buy/Sell Spread 0.0000

Annual

MER pa (31 Mar 2016) 0.8200
Max Management Fee pa 0.70%
Max Admin Fee pa 0.00%
Max Brokerage 0.0000