Morningstar Fund Report
Nikko AM NZ Corporate Bond
Fund Report | Report generated 29 Oct 2021 | 
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Performance
30 Sep 2021
Growth of $10,000
Fund: Nikko AM NZ Corporate Bond
Index: S&P/NZX NZ Composite Invest Grade NZD
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 
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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 |
|
| 3 Year |
|
| 5 Year |
|
| 10 Year |
|
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 | -- / -- |