Morningstar Fund Report
Nikko AM NZ Corporate Bond
Fund Report | Report generated 25 Feb 2021 | 
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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 2021| Total 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 2021| 3-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 
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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 |
|
| 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 (31 Dec 2020) | 0.8000 |
| Max Management Fee pa |
0.53% |
| Max Admin Fee pa |
0.00% |
| Max Brokerage | 0.0000 |