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About

Morningstar Fund Report

Nikko AM NZ Corporate Bond

Retail

Fund Report | Report generated 25 Feb 2021 |  Read the Analyst Research Report

Performance

31 Jan 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-18 Mar-19 Mar-20 Jan-21
Fund 5.43 6.11 3.23 5.97
+/- Cat 1.39 0.66 0.15 --
+/- Index 0.79 -0.86 -1.68 3.65

Trailing Total Returns

as at 31 Jan 2021
Total Return +/- Cat +/- Index Cat Rank
1 Month -0.21 -- 0.19 --
3 Month -1.34 -- 1.17 --
1 Year 4.56 -- 1.26 --
3 Year 5.28 -- 0.27 --
5 Year 5.00 -- 0.53 --

Risk Analysis

as at 31 Jan 2021
3-Year Risk Measures Fund Category Index
Standard Deviation 3.04 -- --
Sharpe Ratio 1.36 -- --
R-Squared 71.32 -- --
Beta 0.84 -- --
Alpha 0.85 -- --

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 Nov 2020)
221.36
Minimum Investment $ 5,000
Regular Savings Plan
(Yes/No)
Yes
Cash Distributions Quarterly

Current Investment Style

as at 31 Dec 2020

Style Box is unavailable.

Asset Allocation

% as at 31 Dec 2020

Domestic Equity 0.000
International Equity 0.000
Listed Property 0.000
Unlisted Property 0.000
Domestic Fixed Interest 100.000
International Fixed Interest 0.000
Cash 0.000
Other 0.000

Morningstar Sustainability Rating  Learn more

Quick Stats

as at 23 Feb 2021

APIR Code --
Legal Type Investment Trusts
Status Open
Category NZ Bonds
Entry Price $ 1.2565
Exit Price $ 1.2565
Exit Price
1 Week Change $
-0.0045

Morningstar Ratings

Overall 5
3 Year 5
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 (31 Dec 2020) 0.8000
Max Management Fee pa 0.53%
Max Admin Fee pa 0.00%
Max Brokerage 0.0000