Morningstar Fund Report
Nikko AM NZ Corporate Bond
Fund Report | Report generated 01 Aug 2021 | 
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Performance
30 Jun 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 | 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 
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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 |
|
| 3 Year |
|
| 5 Year |
|
| 10 Year |
|
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 |