Morningstar Fund Report
Nikko AM NZ Corporate Bond
Fund Report | Report generated 25 Feb 2021 |
Read the Analyst Research Report


Performance
31 Jan 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-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 2021Total 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 20213-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 |
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3 Year |
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5 Year |
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10 Year |
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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 |