Morningstar Fund Report
Clarity Fixed Income
Fund Report | Report generated 05 Mar 2021 | 
Performance
31 Jan 2021
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-18 | Mar-19 | Mar-20 | Jan-21 | |
|---|---|---|---|---|
| Fund | 4.71 | 5.16 | 2.41 | 5.28 |
| +/- Cat | 0.66 | -0.29 | -0.67 | -- |
| +/- Index | 0.06 | -1.81 | -2.50 | 2.97 |
Trailing Total Returns
as at 31 Jan 2021| Total Return | +/- Cat | +/- Index | Cat Rank | |
|---|---|---|---|---|
| 1 Month | -0.03 | -- | 0.37 | -- |
| 3 Month | -0.71 | -- | 1.80 | -- |
| 1 Year | 3.67 | -- | 0.37 | -- |
| 3 Year | 4.44 | -- | -0.58 | -- |
| 5 Year | 4.34 | -- | -0.14 | -- |
Risk Analysis
as at 31 Jan 2021| 3-Year Risk Measures | Fund | Category | Index |
|---|---|---|---|
| Standard Deviation | 2.57 | -- | -- |
| Sharpe Ratio | 1.29 | -- | -- |
| R-Squared | 60.76 | -- | -- |
| Beta | 0.66 | -- | -- |
| Alpha | 0.75 | -- | -- |
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 25 Feb 2021) |
185.18 |
| Minimum Investment $ | 10,000 |
| Regular Savings Plan (Yes/No) |
-- |
| Cash Distributions | Quarterly |
Current Investment Style
Style Box is unavailable.
Asset Allocation
% as at 31 Jan 2021
| Domestic Equity | 0.000 |
| International Equity | 0.000 |
| Listed Property | 0.000 |
| Unlisted Property | 0.000 |
| Domestic Fixed Interest | 90.193 |
| International Fixed Interest | 0.000 |
| Cash | 9.807 |
| Other | 0.000 |
Morningstar Sustainability Rating 
Learn more
Quick Stats
as at 03 Mar 2021
| APIR Code | FSP174206 |
| Legal Type | Investment Trusts |
| Status | Open |
| Category | NZ Bonds |
| Entry Price $ | 1.1502 |
| Exit Price $ | 1.1502 |
| Exit Price 1 Week Change $ |
-0.0032 |
Morningstar Ratings
| Overall |
|
| 3 Year |
|
| 5 Year |
|
| 10 Year |
Fees & Expenses
One-Time
| Entry Fee/Contribution Fee | -- |
| Exit Fee/Withdrawal Fee | -- |
| Buy/Sell Spread | 0.0000 |
Annual
| MER pa (31 Dec 2020) | 0.7600 |
| Max Management Fee pa |
0.36% |
| Max Admin Fee pa |
-- |
| Max Brokerage | 0.0000 |