Morningstar Fund Report
Clarity Fixed Income
Fund Report | Report generated 29 Jan 2022 | 
Performance
31 Dec 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 | Dec-21 | |
|---|---|---|---|---|
| Fund | 5.16 | 2.41 | 4.45 | -1.40 |
| +/- Cat | -0.29 | -0.67 | 2.59 | 0.90 |
| +/- Index | -1.81 | -2.50 | 4.70 | 1.27 |
Trailing Total Returns
as at 31 Dec 2021| Total Return | +/- Cat | +/- Index | Cat Rank | |
|---|---|---|---|---|
| 1 Month | 0.37 | -0.06 | -0.15 | 22 / 29 |
| 3 Month | -1.02 | 0.43 | 0.68 | 5 / 29 |
| 1 Year | -2.21 | 2.20 | 3.28 | 4 / 29 |
| 3 Year | 2.38 | 0.78 | 0.82 | 4 / 29 |
| 5 Year | 3.37 | 0.69 | 0.40 | 3 / 26 |
Risk Analysis
as at 31 Dec 2021| 3-Year Risk Measures | Fund | Category | Index |
|---|---|---|---|
| Standard Deviation | 2.89 | 3.57 | 4.18 |
| Sharpe Ratio | 0.6 | 0.28 | -- |
| R-Squared | 64.67 | 84.5 | -- |
| Beta | 0.56 | 0.8 | -- |
| Alpha | 1.19 | 0.19 | -- |
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 Jan 2022) |
171.82 |
| Minimum Investment $ | 10,000 |
| Regular Savings Plan (Yes/No) |
-- |
| Cash Distributions | Quarterly |
Current Investment Style
Style Box is unavailable.
Asset Allocation
% as at 31 Dec 2021
| Domestic Equity | 0.000 |
| International Equity | 0.000 |
| Listed Property | 0.000 |
| Unlisted Property | 0.000 |
| Domestic Fixed Interest | 78.184 |
| International Fixed Interest | 0.000 |
| Cash | 21.816 |
| Other | 0.000 |
Morningstar Sustainability Rating 
Learn more
Quick Stats
as at 27 Jan 2022
| APIR Code | FSP174206 |
| Legal Type | Investment Trusts |
| Status | Open |
| Category | NZ Bonds |
| Entry Price $ | 1.1177 |
| Exit Price $ | 1.1177 |
| Exit Price 1 Week Change $ |
-0.0019 |
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 | -- / -- |