Morningstar Fund Report
Clarity Fixed Income
Fund Report | Report generated 29 Jun 2022 | 
Performance
31 May 2022
Growth of $10,000
Fund: Clarity Fixed Income
Index: S&P/NZX NZ Composite Invest Grade NZD
Category: NZ Bonds
Financial Year Total Returns
| Mar-20 | Mar-21 | Mar-22 | May-22 | |
|---|---|---|---|---|
| Fund | 2.41 | 4.45 | -3.56 | -0.85 |
| +/- Cat | -0.67 | 2.59 | 1.81 | -- |
| +/- Index | -2.50 | 4.70 | 2.82 | 1.05 |
Trailing Total Returns
as at 31 May 2022| Total Return | +/- Cat | +/- Index | Cat Rank | |
|---|---|---|---|---|
| 1 Month | 0.36 | 0.23 | 0.16 | 3 / 37 |
| 3 Month | -2.03 | 1.31 | 1.98 | 6 / 37 |
| 1 Year | -4.31 | 2.50 | 3.91 | 5 / 37 |
| 3 Year | 0.34 | 1.40 | 1.97 | 3 / 31 |
| 5 Year | 2.11 | 1.01 | 1.03 | 3 / 29 |
Risk Analysis
as at 31 May 2022| 3-Year Risk Measures | Fund | Category | Index |
|---|---|---|---|
| Standard Deviation | 3.03 | 3.72 | 4.41 |
| Sharpe Ratio | -0.08 | -0.4 | -- |
| R-Squared | 68.87 | 85.41 | -- |
| Beta | 0.57 | 0.79 | -- |
| Alpha | 1.01 | 0.14 | -- |
Fund Details
| Fund Inception | 11 Jul 2014 |
| Responsible Entity | Clarity Funds Management Limited |
| Fund Manager | Clarity Funds Management Limited |
| Base Currency | $NZ |
| Net Assets $Mil (as at 27 Jun 2022) |
167.99 |
| Minimum Investment $ | 10,000 |
| Regular Savings Plan (Yes/No) |
-- |
| Cash Distributions | Quarterly |
Current Investment Style
Style Box is unavailable.
Asset Allocation
% as at 30 Apr 2022
| Domestic Equity | 0.000 |
| International Equity | 0.000 |
| Listed Property | 0.000 |
| Unlisted Property | 0.000 |
| Domestic Fixed Interest | 76.557 |
| International Fixed Interest | 0.000 |
| Cash | 23.443 |
| Other | 0.000 |
Morningstar Sustainability Rating 
Learn more
Quick Stats
as at 27 Jun 2022
| APIR Code | FSP174206 |
| Legal Type | Investment Trusts |
| Status | Open |
| Category | NZ Bonds |
| Entry Price $ | 1.0788 |
| Exit Price $ | 1.0788 |
| Exit Price 1 Week Change $ |
0.0118 |
Morningstar Ratings
| Overall |
|
| 3 Year |
|
| 5 Year |
|
| 10 Year |
Prosective Fees & Costs
as at 03 Nov 2021
| Total Cost Ratio (Prospective) | 0.70% |
| Investment Management Fee | 0.30% |
| Performance Fee Costs | 0.00% |
| Administration Fees & Costs | -- |
| Buy Spread/Sell Spread | -- / -- |