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Morningstar Fund Report

Nikko AM NZ Corporate Bond

Retail

Fund Report | Report generated 09 Dec 2016 |  Read the Analyst Research Report

Performance

31 Oct 2016

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-14 Mar-15 Mar-16 Oct-16
Fund 2.28 8.88 6.20 2.39
+/- Cat 2.26 1.02 0.65 0.54
+/- Index 3.05 -0.06 -0.39 0.51

Trailing Total Returns

as at 31 Oct 2016
Total Return +/- Cat +/- Index Cat Rank
1 Month -0.89 0.08 0.27 13 / 32
3 Month -0.16 0.48 0.84 8 / 32
1 Year 4.72 0.32 -0.36 8 / 31
3 Year 6.24 0.78 0.08 2 / 30
5 Year 5.97 1.19 0.81 1 / 28

Risk Analysis

as at 31 Oct 2016
3-Year Risk Measures Fund Category Index
Standard Deviation 1.78 1.86 2.2
Sharpe Ratio 1.91 1.46 --
R-Squared 86.51 86.7 --
Beta 0.75 0.8 --
Alpha 0.88 -0.02 --

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 Oct 2016)
332.55
Minimum Investment $ 5,000
Regular Savings Plan
(Yes/No)
Yes
Cash Distributions Quarterly

Current Investment Style

as at 31 Oct 2016

Style Box is unavailable.

Asset Allocation

% as at 31 Oct 2016

Domestic Equity 0.000
International Equity 0.000
Listed Property 0.000
Unlisted Property 0.000
Domestic Fixed Interest 98.160
International Fixed Interest 0.000
Cash 1.840
Other 0.000

Morningstar Sustainability Rating Learn more

Quick Stats

as at 07 Dec 2016

APIR Code --
Legal Type Investment Trusts
Status Open
Category NZ Bonds
Entry Price $ 1.1460
Exit Price $ 1.1460
Exit Price
1 Week Change $
-0.0017

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 2015) 0.8300
Max Management Fee pa 0.70%
Max Admin Fee pa 0.00%
Max Brokerage 0.0000