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About

Morningstar Fund Report

Nikko AM NZ Corporate Bond

Retail

Fund Report | Report generated 26 May 2022 |  Read the Analyst Research Report

Performance

30 Apr 2022

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-20 Mar-21 Mar-22 Apr-22
Fund 3.23 4.11 -5.23 -1.40
+/- Cat 0.15 2.24 0.13 0.28
+/- Index -1.68 4.36 1.14 0.69

Trailing Total Returns

as at 30 Apr 2022
Total Return +/- Cat +/- Index Cat Rank
1 Month -1.40 0.28 0.69 12 / 34
3 Month -3.52 0.51 1.45 13 / 34
1 Year -6.90 0.48 2.05 12 / 34
3 Year 0.15 0.89 1.45 9 / 31
5 Year 2.23 0.95 0.95 4 / 29

Risk Analysis

as at 30 Apr 2022
3-Year Risk Measures Fund Category Index
Standard Deviation 3.88 3.79 4.47
Sharpe Ratio -0.1 -0.31 --
R-Squared 80.75 86.2 --
Beta 0.78 0.8 --
Alpha 1.03 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 Apr 2022)
498.89
Minimum Investment $ 5,000
Regular Savings Plan
(Yes/No)
Yes
Cash Distributions Quarterly

Current Investment Style

as at 30 Apr 2022

Style Box is unavailable.

Asset Allocation

% as at 31 Mar 2022

Domestic Equity 0.000
International Equity 0.000
Listed Property 0.000
Unlisted Property 0.000
Domestic Fixed Interest 100.530
International Fixed Interest 0.000
Cash -0.530
Other 0.000

Morningstar Sustainability Rating  Learn more

Quick Stats

as at 24 May 2022

APIR Code --
Legal Type Investment Trusts
Status Open
Category NZ Bonds
Entry Price $ 1.1585
Exit Price $ 1.1585
Exit Price
1 Week Change $
0.0048

Morningstar Ratings

Overall 5
3 Year 4
5 Year 4
10 Year 5

Prosective Fees & Costs

as at 03 Nov 2021

Total Cost Ratio (Prospective) 0.79%
Investment Management Fee 0.79%
Performance Fee Costs 0.00%
Administration Fees & Costs --
Buy Spread/Sell Spread -- / --