Summer New Zealand Fixed Interest fund performance summary as at 31 October 2018.
Unit price (as at 31 October 2018): $1.0664
Date the fund started: 19 September 2016
For information on fees, see our Fees page.
See the New Zealand Fixed Interest page for the Summary of investment objective and strategy.
|Annualised total since inception||1 Month||3 Months||1 Year|
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||ANZ Cash Deposit||10.61%|
|2||New Zealand Local Government Funding Agency Ltd 15/04/2025 2.75%||6.77%|
|3||Housing New Zealand 3.36% 12/06/2025||3.95%|
|4||New Zealand Local Government Funding Agency Ltd 15/04/2023 5.50%||3.44%|
|5||New Zealand Local Government Funding Agency Ltd 15/05/2021 6.00%||3.36%|
|6||Transpower New Zealand Ltd 30/06/2022 4.30%||3.27%|
|7||New Zealand Local Government Funding Agency Ltd 15/04/2020 3.00%||3.13%|
|8||New Zealand Local Government Funding Agency Ltd 15/04/2027 4.50%||2.77%|
|9||Bank of New Zealand Subordinated Note 17/12/2025 5.314%||2.59%|
|10||Genesis Energy Limited 5.0% 03/04/2025||2.40%|
The top 10 investments make up 42.29% of the fund.
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.