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SUMMIT Select - Active Defensive Units

NMM0106AU

SUMMIT Select - Active Defensive Units NMM0106AU Strategy

The fund seeks to invest in a diversified mix of predominantly defensive assets such as cash and fixed interest with a target allocation of 30% invested in growth assets such as equities and property. The fund seeks to invest by using a range of specialist investment managers.
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.

Funds News & Analysis

funds

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.
funds

Morningstar reassess view of Platinum ETF and fund

Changes to the portfolio management team drive a ratings revision.
funds

Listed Investment Companies monthly performance: March 2024

The Morningstar LIC monthly report provides a snapshot of ASX-listed LICs, and whether they are trading at a premium or a discount to their net tangible assets (NTA).

Markets

Index
Last price
Change
% Change
All Ordinaries 8,020.90 25.20 0.32%
CAC 40 8,237.90 12.11 0.15%
DAX 40 18,862.68 146.26 0.78%
Dow JONES (US) 39,558.11 126.60 0.32%
FTSE 100 8,450.03 21.90 0.26%
HKSE 19,073.71 41.35 -0.22%
NASDAQ 16,511.18 122.94 0.75%
Nikkei 225 38,385.73 29.67 0.08%
NZX 50 Index 11,525.88 92.21 -0.79%
S&P 500 5,246.68 0.00 0.00%
S&P/ASX 200 7,753.70 26.90 0.35%
SSE Composite Index 3,145.77 2.25 -0.07%

Market Movers

Name
Last price
Change
% Change
Sayona Mining Ltd SYA 0.05 0.00 2.17%
Pantoro Ltd PNR 0.08 0.00 1.25%
Core Lithium Ltd CXO 0.15 0.01 -6.25%
Imugene Ltd IMU 0.07 0.00 -1.41%
Renascor Resources Ltd RNU 0.13 0.03 30.00%
Telstra Group Ltd TLS 3.67 0.02 0.55%
Arafura Rare Earths Ltd ARU 0.20 0.01 5.41%
South32 Ltd S32 3.67 0.05 1.38%
Karoon Energy Ltd KAR 1.88 0.03 -1.31%
Pilbara Minerals Ltd PLS 3.98 0.01 0.25%