Morningstar Fund Report
Nikko AM NZ Corporate Bond
Fund Report | Report generated 26 May 2022 | 
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Performance
30 Apr 2022
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-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 
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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 |
|
| 3 Year |
|
| 5 Year |
|
| 10 Year |
|
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 | -- / -- |