Morningstar Fund Report
Sovereign Defensive Growth Fund
Fund Report | Report generated 13 Jun 2021 | 
Performance
31 May 2021
Growth of $10,000
Fund: Sovereign Defensive Growth Fund
Index: Cat S&P/NZX NZ Govt Bond GR NZD NZ TA
Category: Multisector - Moderate Non-PIE
Financial Year Total Returns
| Mar-19 | Mar-20 | Mar-21 | May-21 | |
|---|---|---|---|---|
| Fund | 3.30 | -0.35 | 6.05 | 0.00 |
| +/- Cat | -0.63 | -0.31 | -1.14 | -0.24 |
| +/- Index | -1.97 | -4.15 | 7.19 | -0.09 |
Trailing Total Returns
as at 31 May 2021| Total Return | +/- Cat | +/- Index | Cat Rank | |
|---|---|---|---|---|
| 1 Month | -0.33 | 0.09 | 0.14 | 3 / 9 |
| 3 Month | 1.02 | -0.33 | 0.42 | 8 / 9 |
| 1 Year | 2.76 | -0.99 | 5.84 | 8 / 9 |
| 3 Year | 2.71 | -0.60 | 0.20 | 7 / 9 |
| 5 Year | 2.61 | -0.71 | 0.42 | 7 / 9 |
Risk Analysis
as at 31 May 2021| 3-Year Risk Measures | Fund | Category | Index |
|---|---|---|---|
| Standard Deviation | 3.17 | 4.2 | 3.06 |
| Sharpe Ratio | 0.65 | 0.67 | -- |
| R-Squared | 9.98 | -- | -- |
| Beta | 0.33 | -- | -- |
| Alpha | 1.45 | -- | -- |
Fund Details
| Fund Inception | 01 Jun 1993 |
| Responsible Entity | Sovereign Assurance Company Limited |
| Fund Manager | Sovereign Services Limited |
| Base Currency | $NZ |
| Net Assets $Mil (as at 31 May 2021) |
0.26 |
| 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 | 14.900 |
| International Equity | 15.000 |
| Listed Property | 0.000 |
| Unlisted Property | 0.000 |
| Domestic Fixed Interest | 35.000 |
| International Fixed Interest | 15.100 |
| Cash | 20.000 |
| Other | 0.000 |
Morningstar Sustainability Rating 
Learn more
Quick Stats
as at 09 Jun 2021
| APIR Code | -- |
| Legal Type | Investment Bond |
| Status | Closed |
| Category | Multisector - Moderate Non-PIE |
| Entry Price $ | -- |
| Exit Price $ | 0.2994 |
| Exit Price 1 Week Change $ |
0.0008 |
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) | 1.4400 |
| Max Management Fee pa |
1.25% |
| Max Admin Fee pa |
0.00% |
| Max Brokerage | -- |