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About

Morningstar Fund Report

Nikko AM NZ Corporate Bond

Retail

Fund Report | Report generated 29 Oct 2021 |  Read the Analyst Research Report

Performance

30 Sep 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 Sep-21
Fund 6.11 3.23 4.11 -0.93
+/- Cat 0.66 0.15 2.24 -0.25
+/- Index -0.86 -1.68 4.36 0.06

Trailing Total Returns

as at 30 Sep 2021
Total Return +/- Cat +/- Index Cat Rank
1 Month 2.80 3.23 3.73 1 / 33
3 Month 2.28 3.01 3.51 1 / 33
1 Year -0.64 3.39 5.33 3 / 33
3 Year 4.44 1.93 1.83 1 / 31
5 Year 4.11 1.61 1.40 1 / 27

Risk Analysis

as at 30 Sep 2021
3-Year Risk Measures Fund Category Index
Standard Deviation 3.67 3.21 3.77
Sharpe Ratio 1 0.61 --
R-Squared 50 80.06 --
Beta 0.69 0.77 --
Alpha 2.35 0.39 --

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 Sep 2021)
533.83
Minimum Investment $ 5,000
Regular Savings Plan
(Yes/No)
Yes
Cash Distributions Quarterly

Current Investment Style

as at 30 Sep 2021

Style Box is unavailable.

Asset Allocation

% as at 31 Jul 2021

Domestic Equity 0.000
International Equity 0.000
Listed Property 0.000
Unlisted Property 0.000
Domestic Fixed Interest 99.950
International Fixed Interest 0.000
Cash 0.050
Other 0.000

Morningstar Sustainability Rating  Learn more

Quick Stats

as at 27 Oct 2021

APIR Code --
Legal Type Investment Trusts
Status Open
Category NZ Bonds
Entry Price $ 1.2001
Exit Price $ 1.2001
Exit Price
1 Week Change $
-0.0085

Morningstar Ratings

Overall 5
3 Year 5
5 Year 5
10 Year 5

Prosective Fees & Costs

as at 28 Feb 2021

Total Cost Ratio (Prospective) 0.80%
Investment Management Fee 0.71%
Performance Fee Costs 0.00%
Administration Fees & Costs --
Buy Spread/Sell Spread -- / --