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About

Morningstar Fund Report

Clarity Fixed Income

Retail

Fund Report | Report generated 13 Jun 2021 |

Performance

31 May 2021

Growth of $10,000

Fund
Fund: Clarity Fixed Income
Index
Index: S&P/NZX NZ Composite Invest Grade NZD
Category
Category: NZ Bonds

Financial Year Total Returns

Mar-19 Mar-20 Mar-21 May-21
Fund 5.16 2.41 4.45 -0.07
+/- Cat -0.29 -0.67 2.59 0.02
+/- Index -1.81 -2.50 4.70 -0.14

Trailing Total Returns

as at 31 May 2021
Total Return +/- Cat +/- Index Cat Rank
1 Month -0.40 0.15 0.20 9 / 30
3 Month 0.23 -0.07 -0.38 21 / 30
1 Year 0.61 2.14 3.75 6 / 30
3 Year 3.78 0.53 0.11 9 / 30
5 Year 3.75 0.74 0.42 4 / 24

Risk Analysis

as at 31 May 2021
3-Year Risk Measures Fund Category Index
Standard Deviation 2.73 3.16 3.67
Sharpe Ratio 1.05 0.79 --
R-Squared 62.54 81.65 --
Beta 0.59 0.79 --
Alpha 1.21 0.21 --

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 10 Jun 2021)
180.39
Minimum Investment $ 10,000
Regular Savings Plan
(Yes/No)
--
Cash Distributions Quarterly

Current Investment Style

 

Style Box is unavailable.

Asset Allocation

% as at 31 May 2021

Domestic Equity 0.000
International Equity 0.000
Listed Property 0.000
Unlisted Property 0.000
Domestic Fixed Interest 95.033
International Fixed Interest 0.000
Cash 4.967
Other 0.000

Morningstar Sustainability Rating  Learn more

Quick Stats

as at 10 Jun 2021

APIR Code FSP174206
Legal Type Investment Trusts
Status Open
Category NZ Bonds
Entry Price $ 1.1530
Exit Price $ 1.1530
Exit Price
1 Week Change $
0.0035

Morningstar Ratings

Overall 4
3 Year 4
5 Year 4
10 Year  

Fees & Expenses

One-Time

Entry Fee/Contribution Fee --
Exit Fee/Withdrawal Fee --
Buy/Sell Spread 0.0000

Annual

MER pa (31 May 2021) 0.7000
Max Management Fee pa 0.30%
Max Admin Fee pa --
Max Brokerage 0.0000