Morningstar Fund Report
Salt Dividend Appreciation
Fund Report | Report generated 25 Jan 2022 | 
Performance
31 Dec 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 | Dec-21 | |
|---|---|---|---|---|
| Fund | 14.12 | -0.96 | 30.15 | 5.47 |
| +/- Cat | -1.97 | 0.49 | -2.02 | -0.59 |
| +/- Index | -4.22 | -0.47 | 1.94 | 1.70 |
Trailing Total Returns
as at 31 Dec 2021| Total Return | +/- Cat | +/- Index | Cat Rank | |
|---|---|---|---|---|
| 1 Month | 2.34 | -0.38 | -0.13 | 22 / 27 |
| 3 Month | -0.97 | 0.54 | 0.85 | 6 / 27 |
| 1 Year | 2.68 | 0.46 | 3.12 | 10 / 26 |
| 3 Year | 14.40 | -1.11 | 0.46 | 17 / 25 |
| 5 Year | 12.83 | -1.48 | -0.80 | 19 / 21 |
Risk Analysis
as at 31 Dec 2021| 3-Year Risk Measures | Fund | Category | Index |
|---|---|---|---|
| Standard Deviation | 12.49 | 13.34 | 13.33 |
| Sharpe Ratio | 1.09 | 1.11 | -- |
| R-Squared | 97.36 | 95.46 | -- |
| Beta | 0.92 | 0.98 | -- |
| Alpha | 1.29 | 1.75 | -- |
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 21 Jan 2022) |
112.18 |
| Minimum Investment $ | 25,000 |
| Regular Savings Plan (Yes/No) |
-- |
| Cash Distributions | Semi-Annually |
Current Investment Style
as at 31 Dec 2021
Size | Medium Style | Blend
Asset Allocation
% as at 31 Dec 2021
| Domestic Equity | 98.520 |
| International Equity | 0.000 |
| Listed Property | 0.000 |
| Unlisted Property | 0.000 |
| Domestic Fixed Interest | 0.000 |
| International Fixed Interest | 0.000 |
| Cash | 1.481 |
| Other | 0.000 |
Morningstar Sustainability Rating 
Learn more
Quick Stats
as at 21 Jan 2022
| APIR Code | -- |
| Legal Type | Investment Trusts |
| Status | Open |
| Category | Equity Region NZ |
| Entry Price $ | 1.7381 |
| Exit Price $ | 1.7311 |
| Exit Price 1 Week Change $ |
-0.0552 |
Morningstar Ratings
| Overall |
|
| 3 Year |
|
| 5 Year |
|
| 10 Year |
Prosective Fees & Costs
as at 03 Nov 2021
| Total Cost Ratio (Prospective) | 1.12% |
| Investment Management Fee | 0.97% |
| Performance Fee Costs | 0.00% |
| Administration Fees & Costs | -- |
| Buy Spread/Sell Spread | -- / -- |