Morningstar Fund Report
Sovereign New Zealand Equity Fund
Fund Report | Report generated 26 Sep 2021 | 
Performance
31 Aug 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 | Aug-21 | |
|---|---|---|---|---|
| Fund | 17.01 | -0.82 | 25.36 | 4.56 |
| +/- Cat | 4.28 | 0.86 | -1.10 | -1.10 |
| +/- Index | 3.97 | -0.75 | 5.53 | 0.77 |
Trailing Total Returns
as at 31 Aug 2021| Total Return | +/- Cat | +/- Index | Cat Rank | |
|---|---|---|---|---|
| 1 Month | 4.39 | 0.29 | -- | 3 / 5 |
| 3 Month | 6.59 | -0.36 | -- | 3 / 5 |
| 1 Year | 8.80 | -0.89 | -- | 5 / 5 |
| 3 Year | 10.84 | 0.56 | -- | 2 / 5 |
| 5 Year | 10.28 | 0.00 | -- | 3 / 5 |
Risk Analysis
as at 31 Aug 2021| 3-Year Risk Measures | Fund | Category | Index |
|---|---|---|---|
| Standard Deviation | 13.38 | 13.69 | 9.91 |
| Sharpe Ratio | 0.8 | 0.74 | -- |
| R-Squared | 99.35 | -- | -- |
| Beta | 1.35 | -- | -- |
| Alpha | -0.86 | -- | -- |
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 Aug 2021) |
3.98 |
| 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 22 Sep 2021
| APIR Code | -- |
| Legal Type | Investment Bond |
| Status | Closed |
| Category | Equity Region NZ Non-PIE |
| Entry Price $ | -- |
| Exit Price $ | 1.2617 |
| Exit Price 1 Week Change $ |
0.0108 |
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 | -- / -- |