Morningstar Fund Report
Salt Dividend Appreciation
Fund Report | Report generated 24 Jun 2021 | 
Performance
31 May 2021
Growth of $10,000
Fund: Salt Dividend Appreciation
Index: S&P/NZX 50 TR NZD
Category: Equity Region NZ
Financial Year Total Returns
| Mar-19 | Mar-20 | Mar-21 | May-21 | |
|---|---|---|---|---|
| Fund | 14.12 | -0.96 | 30.15 | -0.56 |
| +/- Cat | -1.97 | 0.49 | -2.02 | 0.09 |
| +/- Index | -4.22 | -0.47 | 1.94 | 1.35 |
Trailing Total Returns
as at 31 May 2021| Total Return | +/- Cat | +/- Index | Cat Rank | |
|---|---|---|---|---|
| 1 Month | -2.66 | -0.41 | 0.56 | 22 / 32 |
| 3 Month | 2.70 | 0.47 | 1.93 | 10 / 32 |
| 1 Year | 17.50 | -0.16 | 4.28 | 16 / 32 |
| 3 Year | 12.41 | -0.68 | -0.07 | 22 / 30 |
| 5 Year | 11.22 | -1.30 | -0.63 | 20 / 25 |
Risk Analysis
as at 31 May 2021| 3-Year Risk Measures | Fund | Category | Index |
|---|---|---|---|
| Standard Deviation | 12.89 | 14.07 | 13.73 |
| Sharpe Ratio | 0.9 | 0.89 | -- |
| R-Squared | 97.4 | 92.87 | -- |
| Beta | 0.93 | 0.98 | -- |
| Alpha | 0.68 | 0.79 | -- |
Fund Details
| Fund Inception | 30 Jun 2015 |
| Responsible Entity | Salt Investment Funds Limited |
| Fund Manager | Salt Investment Funds Limited |
| Base Currency | $NZ |
| Net Assets $Mil (as at 18 Jun 2021) |
92.10 |
| Minimum Investment $ | 25,000 |
| Regular Savings Plan (Yes/No) |
-- |
| Cash Distributions | Semi-Annually |
Current Investment Style
as at 31 May 2021
Size | Medium Style | Blend
Asset Allocation
% as at 30 Apr 2021
| Domestic Equity | 96.643 |
| International Equity | 0.000 |
| Listed Property | 0.000 |
| Unlisted Property | 0.000 |
| Domestic Fixed Interest | 0.000 |
| International Fixed Interest | 0.000 |
| Cash | 3.355 |
| Other | 0.000 |
Morningstar Sustainability Rating 
Learn more
Quick Stats
as at 21 Jun 2021
| APIR Code | -- |
| Legal Type | Investment Trusts |
| Status | Open |
| Category | Equity Region NZ |
| Entry Price $ | 1.7922 |
| Exit Price $ | 1.7849 |
| Exit Price 1 Week Change $ |
-0.0062 |
Morningstar Ratings
| Overall |
|
| 3 Year |
|
| 5 Year |
|
| 10 Year |
Fees & Expenses
One-Time
| Entry Fee/Contribution Fee | -- |
| Exit Fee/Withdrawal Fee | -- |
| Buy/Sell Spread | 0.4070 |
Annual
| MER pa (31 May 2021) | 1.1200 |
| Max Management Fee pa |
0.97% |
| Max Admin Fee pa |
-- |
| Max Brokerage | 0.0000 |