Summer New Zealand Cash

Summer New Zealand Cash fund performance summary as at 31 October 2018

Fund at a glance

Unit price (as at 31 October 2018): $1.0290

Date the fund started: 19 September 2016

For information on fees, see our Fees page.

For more information on the Summer New Zealand Cash fund read the latest quarterly fund update or the product disclosure statement

Fund objective and strategy

See the New Zealand Cash page for the Summary of investment objective and strategy.

Fund returns

 Annualised total since inception1 Month3 Months1 Year
Fund 0.99% 0.07% 0.21% 0.95%

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%). 

Top 10 Investments 

Asset name % of fund net assets
Westpac Cash Deposit 21.77%
ANZ Cash Deposit 21.77%
Transpower New Zealand Limited 5.14% 30/11/2018 16.13%
Contact Energy Limited 15/05/2019 5.8% 13.20%
New Zealand Government Treasury Bill 21/11/2018 11.24%
New Zealand Local Government Funding Agency Ltd 15/03/2019 5.00% 10.76%
Kiwi Capital Funding Ltd Capital Notes 15/07/2024 6.61% 5.14%
   
   
   
Total value of top 10 assets 100.00%


Manager's comments
 

The next Manager’s commentary will be included in the December Performance Summary (available early February 2019).

 

 

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.