Summer New Zealand Cash fund performance summary as at 31 October 2020.
Unit price (as at 31 October 2020): $1.0487
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.
|Annualised total since inception||1 Month||3 Months||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 highest Prescribed Investor Rate (28%).
|Asset name||% of fund net assets|
|1||Westpac Cash Deposit||21.23%|
|2||New Zealand Government Bonds 15/05/2021 6.00%||19.55%|
|3||Spark Finance Limited Commercial Paper 10/11/2020||18.45%|
|4||Genesis Energy Limited Commercial Paper 12/01/2021||16.59%|
|5||ANZ transactional bank account||11.35%|
|6||Fonterra Co-operative Group Ltd Fixed Rate Bonds 20/10/2021 4.33%||7.85%|
|7||GMT Bond Issuer Ltd 16/12/2020 6.20%||4.98%|
|Total value of top 10 assets||100.00%|
The next Manager’s commentary will be included in the December Performance Summary (available January 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.