Learn To Invest
Stocks Special Reports LICs Credit Funds ETFs Tools SMSFs
Video Archive Article Archive
News Stocks Special Reports Funds ETFs Features SMSFs Learn
About

Morningstar Fund Report

Nikko AM NZ Bond

Retail

Fund Report | Report generated 05 Dec 2021 |  Read the Analyst Research Report

Performance

31 Oct 2021

Growth of $10,000

Fund
Fund: Nikko AM NZ Bond
Index
Index: S&P/NZX NZ Composite Invest Grade NZD
Category
Category: NZ Bonds

Financial Year Total Returns

Mar-19 Mar-20 Mar-21 Oct-21
Fund 6.73 3.80 2.03 -3.69
+/- Cat 1.28 0.72 0.16 -0.46
+/- Index -0.24 -1.11 2.28 0.22

Trailing Total Returns

as at 31 Oct 2021
Total Return +/- Cat +/- Index Cat Rank
1 Month -2.77 -0.38 0.19 21 / 29
3 Month -4.45 -0.75 0.38 22 / 29
1 Year -8.89 -2.31 -0.22 24 / 29
3 Year 1.84 0.33 0.40 7 / 29
5 Year 2.60 0.43 0.27 5 / 26

Risk Analysis

as at 31 Oct 2021
3-Year Risk Measures Fund Category Index
Standard Deviation 4.62 3.58 4.19
Sharpe Ratio 0.26 0.25 --
R-Squared 92 84.75 --
Beta 1.06 0.8 --
Alpha 0.36 0.2 --

Fund Details

Fund Inception 14 Jan 2011
Responsible Entity Nikko Asset Management NZ Ltd
Fund Manager Nikko Asset Management NZ Ltd
Base Currency $NZ
Net Assets $Mil
(as at 31 Oct 2021)
74.72
Minimum Investment $ 5,000
Regular Savings Plan
(Yes/No)
Yes
Cash Distributions Quarterly

Current Investment Style

as at 31 Oct 2021

Style Box is unavailable.

Asset Allocation

% as at 31 Oct 2021

Domestic Equity 0.000
International Equity 0.000
Listed Property 0.000
Unlisted Property 0.000
Domestic Fixed Interest 100.380
International Fixed Interest 0.000
Cash -0.380
Other 0.000

Morningstar Sustainability Rating  Learn more

Quick Stats

as at 02 Dec 2021

APIR Code --
Legal Type Investment Trusts
Status Open
Category NZ Bonds
Entry Price $ 1.0548
Exit Price $ 1.0548
Exit Price
1 Week Change $
0.0065

Morningstar Ratings

Overall 5
3 Year 4
5 Year 4
10 Year 5

Prosective Fees & Costs

as at 03 Nov 2021

Total Cost Ratio (Prospective) 0.71%
Investment Management Fee 0.71%
Performance Fee Costs 0.00%
Administration Fees & Costs --
Buy Spread/Sell Spread -- / --