Morningstar Fund Report
Sovereign New Zealand Equity Fund
Fund Report | Report generated 01 Jul 2022 | 
Performance
31 May 2022
Growth of $10,000
Fund: Sovereign New Zealand Equity Fund
Index: Cat S&P/NZX 50 TR NZD NZ TA
Category: Equity Region NZ Non-PIE
Financial Year Total Returns
| Mar-20 | Mar-21 | Mar-22 | May-22 | |
|---|---|---|---|---|
| Fund | -0.82 | 25.36 | -4.48 | -6.25 |
| +/- Cat | 0.86 | -1.10 | -1.60 | -- |
| +/- Index | -0.75 | 5.53 | -2.03 | -1.46 |
Trailing Total Returns
as at 31 May 2022| Total Return | +/- Cat | +/- Index | Cat Rank | |
|---|---|---|---|---|
| 1 Month | -4.68 | 0.47 | -- | 4 / 8 |
| 3 Month | -5.92 | -0.18 | -- | 4 / 8 |
| 1 Year | -8.71 | -0.33 | -- | 5 / 7 |
| 3 Year | 2.67 | -0.32 | -- | 6 / 7 |
| 5 Year | 7.22 | 0.39 | -- | 5 / 7 |
Risk Analysis
as at 31 May 2022| 3-Year Risk Measures | Fund | Category | Index |
|---|---|---|---|
| Standard Deviation | 14.01 | 14.44 | 10.44 |
| Sharpe Ratio | 0.23 | 0.27 | -- |
| R-Squared | 99.37 | -- | -- |
| Beta | 1.34 | -- | -- |
| Alpha | -0.82 | -- | -- |
Fund Details
| Fund Inception | 01 Jan 1989 |
| Responsible Entity | Sovereign Assurance Company Limited |
| Fund Manager | Sovereign Services Limited |
| Base Currency | $NZ |
| Net Assets $Mil (as at 31 May 2022) |
3.25 |
| Minimum Investment $ | 2,000 |
| Regular Savings Plan (Yes/No) |
-- |
| Cash Distributions | -- |
Current Investment Style
Style Box is unavailable.
Asset Allocation
% as at 29 Feb 2008
| Domestic Equity | 98.200 |
| International Equity | 0.000 |
| Listed Property | 0.000 |
| Unlisted Property | 0.000 |
| Domestic Fixed Interest | 0.000 |
| International Fixed Interest | 0.000 |
| Cash | 1.800 |
| Other | 0.000 |
Morningstar Sustainability Rating 
Learn more
Quick Stats
as at 29 Jun 2022
| APIR Code | -- |
| Legal Type | Investment Bond |
| Status | Closed |
| Category | Equity Region NZ Non-PIE |
| Entry Price $ | -- |
| Exit Price $ | 1.0463 |
| Exit Price 1 Week Change $ |
0.0287 |
Morningstar Ratings
| Overall |
|
| 3 Year |
|
| 5 Year |
|
| 10 Year |
|
Prosective Fees & Costs
as at 30 Jun 2001
| Total Cost Ratio (Prospective) | 1.33% |
| Investment Management Fee | -- |
| Performance Fee Costs | -- |
| Administration Fees & Costs | -- |
| Buy Spread/Sell Spread | -- / -- |