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About

Morningstar Fund Report

Nikko AM NZ Corporate Bond

Retail

Fund Report | Report generated 01 Aug 2021 |  Read the Analyst Research Report

Performance

30 Jun 2021

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-19 Mar-20 Mar-21 Jun-21
Fund 6.11 3.23 4.11 0.05
+/- Cat 0.66 0.15 2.24 -0.02
+/- Index -0.86 -1.68 4.36 -0.19

Trailing Total Returns

as at 30 Jun 2021
Total Return +/- Cat +/- Index Cat Rank
1 Month 0.14 0.01 -0.02 11 / 28
3 Month 0.05 -0.02 -0.19 10 / 28
1 Year -0.78 0.62 1.89 10 / 28
3 Year 4.10 0.94 0.56 4 / 28
5 Year 4.01 1.11 0.82 2 / 22

Risk Analysis

as at 30 Jun 2021
3-Year Risk Measures Fund Category Index
Standard Deviation 3.37 3.17 3.67
Sharpe Ratio 0.96 0.77 --
R-Squared 75.89 80.85 --
Beta 0.8 0.79 --
Alpha 1.06 0.21 --

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 30 Jun 2021)
426.18
Minimum Investment $ 5,000
Regular Savings Plan
(Yes/No)
Yes
Cash Distributions Quarterly

Current Investment Style

as at 30 Jun 2021

Style Box is unavailable.

Asset Allocation

% as at 30 Jun 2021

Domestic Equity 0.000
International Equity 0.000
Listed Property 0.000
Unlisted Property 0.000
Domestic Fixed Interest 101.570
International Fixed Interest 0.000
Cash -1.570
Other 0.000

Morningstar Sustainability Rating  Learn more

Quick Stats

as at 29 Jul 2021

APIR Code --
Legal Type Investment Trusts
Status Open
Category NZ Bonds
Entry Price $ 1.2431
Exit Price $ 1.2431
Exit Price
1 Week Change $
0.0010

Morningstar Ratings

Overall 5
3 Year 4
5 Year 5
10 Year 5

Fees & Expenses

One-Time

Entry Fee/Contribution Fee 0.00%
Exit Fee/Withdrawal Fee 0.00%
Buy/Sell Spread 0.0000

Annual

MER pa (30 Jun 2021) 0.7900
Max Management Fee pa 0.71%
Max Admin Fee pa 0.00%
Max Brokerage 0.0000