FUND DETAILS:

INCEPTION DATE:

12 November 2015

INDEX TRACKED:

Does not track an index

DIVIDEND PAYMENT DATES:

Mar / Jun / Sep / Dec

ASSET CLASS:

Cash and Cash Equivalents

GEOGRAPHIC FOCUS:

NZ

CODE:

NZC

AS AT:

24/11/2017

MARKET PRICE:

$2.997

NTA:

$2.99767

YIELD:

2.61%

TOTAL FUND VALUE:

$126,170,511

FUND CHARGES:

0.33%

 

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Funds Summary


TOP 10 HOLDINGS

Top 10 issuer exposure as at 30 September 2017. Updated quarterly.

TICKER ISSUER INDUSTRY SECTOR WEIGHTING
-- SBS Bank 02/08/18 TD -- 7.66%
-- ASB Bank Ltd 08/03/19 FRN -- 7.21%
-- Kiwibank Ltd 13/05/19 FRN -- 6.41%
-- Inland Revenue Deposit 28/11/17 RCD -- 4.74%
-- ANZ Bank New Zealand Ltd 22/03/19 FRN -- 4.44%
-- Fonterra Co-operative Group Ltd 24/10/17 FRN -- 3.55%
-- Kiwibank Ltd 13/10/17 TD -- 3.27%
-- China Construction Bank 23/02/18 TD -- 3.24%
-- Westpac Banking Corp 20/06/18 TD -- 3.21%
-- Kiwibank Ltd 16/02/18 TD -- 2.96%

PORTFOLIO CHARACTERISTICS

As at 31 October 2017.

PORTFOLIO CHARACTERISTICS FUND BENCHMARK
Duration (days) 99 45
Yield (%) 3.05 1.84
Sector Breakdown (%)
New Zealand Banks 78.2
New Zealand Government 14.1
Corporates and SOEs 7.7

Fund Performance

Net Tangible Assets (NTA) per Unit Performance

1 Month 3 Months 1 Year 3 Years Annualised 5 Years Annualised
Investor Returns* 0.18% 0.52% 2.06%
  1. * Returns are as at 31 October 2017 and are calculated on NTA movement, assuming distributions are reinvested on payment date, and are after tax at 28% and fund charges.

Table of Dividends

Upcoming Dividends

EX DIVIDEND PERIOD AMOUNT SUPPL. IMPUTATION PAYABLE
2017-11-29 INT 1.564058 0.174808 0.385225 2017-12-20

Historic Dividends

EX DIVIDEND PERIOD AMOUNT SUPPL. IMPUTATION PAYABLE
2017-08-30 INT 1.596151 0.149917 0.330373 2017-09-20
2017-05-30 FIN 1.617088 0.285369 0.628868 2017-06-22
2017-02-27 FIN 1.680946 0.296637 0.653701 2017-03-21
2016-11-29 INT 1.209427 0.043733 0.096374 2016-12-20
2016-09-29 INT 1.848725 0.326246 0.718949 2016-10-18

Market Announcements

CODE TITLE DATE TYPE
MKTUPDTE NZC MKTUPDTE: NZC: NZC NTA 23-11-2017 $2.99767 24 Nov 2017, 08:58am MKTUPDTE

SMARTINCOME Funds