Morningstar Fund Report
Clarity Fixed Income
Fund Report | Report generated 13 Jun 2021 | 
Performance
31 May 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-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 |
|
| 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 May 2021) | 0.7000 |
| Max Management Fee pa |
0.30% |
| Max Admin Fee pa |
-- |
| Max Brokerage | 0.0000 |