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Ellerston Equity Income KIS Fund

ECL7259AU

Ellerston Equity Income KIS Fund ECL7259AU Strategy

The key belief underpinning the Manager’s investment philosophy is that the historical approach taken by many income-oriented investors is outdated in today’s markets. Long-term structural changes in markets mean that the traditional “income sectors” (e.g. Banks and Telecoms) typically pursued for income no longer offer sustainability of dividends and earnings, while at the same time the traditional “cyclical sectors” are experiencing a structural shift towards companies providing more reliable income.
The investment objective & strategy is a summary of the investment's principal strategy as written in the prospectus. This information is pulled from the most recent product disclosure document.

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Listed Investment Companies monthly performance: April 2024

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KiwiSaver Survey - March Quarter 2024

KiwiSaver assets increased, owing significantly to market movements, ending the quarter at NZD 108.6 billion, up around NZD 4 billion for the quarter.

Markets

Index
Last price
Change
% Change
All Ordinaries 7,953.90 20.90 -0.26%
CAC 40 7,503.27 204.75 -2.66%
DAX 40 18,002.02 263.66 -1.44%
Dow JONES (US) 38,589.16 57.94 -0.15%
FTSE 100 8,146.86 16.81 -0.21%
HKSE 18,086.31 144.53 0.81%
NASDAQ 17,688.88 21.32 0.12%
Nikkei 225 38,106.41 708.15 -1.82%
NZX 50 Index 11,737.23 127.66 -1.08%
S&P 500 5,431.60 2.14 -0.04%
S&P/ASX 200 7,709.50 14.80 -0.19%
SSE Composite Index 3,020.93 11.70 -0.39%

Market Movers

Name
Last price
Change
% Change
Pilbara Minerals Ltd PLS 3.15 0.10 -2.93%
Red 5 Ltd RED 0.46 0.02 3.37%
Core Lithium Ltd CXO 0.09 0.01 -7.07%
Sayona Mining Ltd SYA 0.04 0.00 0.00%
Imugene Ltd IMU 0.06 0.00 -5.17%
Droneshield Ltd DRO 1.40 0.06 -4.12%
Tabcorp Holdings Ltd TAH 0.65 0.01 -0.76%
De Grey Mining Ltd DEG 1.04 0.03 2.97%
GQG Partners Inc GQG 2.65 0.12 -4.17%
Botanix Pharmaceuticals Ltd BOT 0.34 0.01 3.03%