Morningstar Fund Report
Sovereign New Zealand Equity Fund
Fund Report | Report generated 13 Jun 2021 | 
Performance
31 May 2021
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-19 | Mar-20 | Mar-21 | May-21 | |
|---|---|---|---|---|
| Fund | 17.01 | -0.82 | 25.36 | -1.91 |
| +/- Cat | 4.28 | 0.86 | -1.10 | -0.62 |
| +/- Index | 3.97 | -0.75 | 5.53 | -0.54 |
Trailing Total Returns
as at 31 May 2021| Total Return | +/- Cat | +/- Index | Cat Rank | |
|---|---|---|---|---|
| 1 Month | -3.19 | -0.10 | -0.87 | 5 / 6 |
| 3 Month | 0.77 | -0.47 | 0.20 | 5 / 6 |
| 1 Year | 11.18 | -1.19 | 1.67 | 4 / 6 |
| 3 Year | 11.09 | 0.87 | 2.03 | 2 / 6 |
| 5 Year | 9.81 | 0.37 | 1.25 | 3 / 6 |
Risk Analysis
as at 31 May 2021| 3-Year Risk Measures | Fund | Category | Index |
|---|---|---|---|
| Standard Deviation | 13.41 | 14.13 | 9.88 |
| Sharpe Ratio | 0.81 | 0.71 | -- |
| R-Squared | 99.29 | -- | -- |
| Beta | 1.35 | -- | -- |
| Alpha | -0.73 | -- | -- |
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 2021) |
3.85 |
| 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 09 Jun 2021
| APIR Code | -- |
| Legal Type | Investment Bond |
| Status | Closed |
| Category | Equity Region NZ Non-PIE |
| Entry Price $ | -- |
| Exit Price $ | 1.2063 |
| Exit Price 1 Week Change $ |
0.0115 |
Morningstar Ratings
| Overall |
|
| 3 Year |
|
| 5 Year |
|
| 10 Year |
|
Fees & Expenses
One-Time
| Entry Fee/Contribution Fee | 0.00% |
| Exit Fee/Withdrawal Fee | 1.66% |
| Buy/Sell Spread | -- |
Annual
| MER pa (30 Jun 2001) | 1.3300 |
| Max Management Fee pa |
1.00% |
| Max Admin Fee pa |
0.00% |
| Max Brokerage | -- |