Summer New Zealand Cash fund performance summary as at 31 August 2021.
Unit price (as at 31 August 2021): $1.0476
Date the fund started: 19 September 2016
For information on fees, see our Fees page.
See the New Zealand Cash page for the Summary of investment objective and strategy.
|PIR||Total since inception (annualised)||1 Month||3 Month||1 Year||3 Years^|
Fund returns are calculated net of fund charges, trading expenses and accrued tax for a New Zealand resident individual paying tax at the Prescribed Investor Rate identified above.
|Asset name||% of fund net assets|
|1||Mercury NZ Limited Commercial Paper 02/09/2021||13.30%|
|2||Wellington International Airport Limited Commercial Paper 10/09/2021||13.30%|
|3||Meridian Energy Limited Commercial Paper 19/11/2021||13.29%|
|4||ANZ transactional bank account||12.41%|
|5||Fonterra Co-operative Group Ltd Fixed Rate Bonds 20/10/2021 4.33%||11.14%|
|6||ASB Bank Limited 26/05/2021 4.245%||10.83%|
|7||Contact Energy Ltd 15/11/2021 4.40%||10.75%|
|8||New Zealand Local Government Funding Agency Ltd 14/04/2022 2.75%||8.90%|
|9||Trustpower Limited 15/12/2021 5.63%||6.08%|
|Total value of top 10 assets||100.00%|
The next Manager’s commentary will be included in the September Performance Summary (available October 2021).
This is not a recommendation to buy or sell any financial product and does not take your personal circumstances into account. All opinions reflect our judgement on the date of communication and may change without notice. Past performance is not a reliable guide to future performance. We recommend you take financial advice before making investment decisions. We have prepared this web page in good faith based on information obtained from other sources, but we do not guarantee the accuracy of that information. We do not make any representation or warranty (express or implied) that this web page is accurate, complete, or current and to the maximum extent permitted by law disclaim any liability for loss which may be incurred by any person relying on this web page.