FUND DETAILS:

INCEPTION DATE:

12 November 2015

INDEX TRACKED:

Does not track an index

DIVIDEND PAYMENT DATES:

Mar / Jun / Sep / Dec

ASSET CLASS:

New Zealand Fixed Interest

GEOGRAPHIC FOCUS:

NZ

CODE:

NZB

AS AT:

05/03/2021

MARKET PRICE:

$3.083

NTA:

$3.08

YIELD:

2.56%

TOTAL FUND VALUE:

$357,139,708

FUND CHARGES:

0.54%

 

Download
Funds Summary


TOP 10 HOLDINGS

Top 10 issuer exposure as at 31 December 2020. Updated quarterly.

TICKER ISSUER INDUSTRY SECTOR WEIGHTING
-- New Zealand Government 20/09/25 IB NZ Government 7.38%
-- NZ Local Govt. Funding Agency 14/04/33 GB Local Authority 4.28%
-- Insurance Australia Group Ltd 15/06/43 CB Corporates & SOEs 2.75%
-- ASB Bank Ltd 07/09/23 CB NZ Bank 2.53%
-- TR Group Ltd 07/03/24 CB Corporates & SOEs 2.41%
-- Kommunalbanken 02/07/30 GB Corporates & SOEs 2.33%
-- Chorus Ltd 06/12/23 CB Corporates & SOEs 2.30%
-- Bank of New Zealand 15/06/23 CB NZ Bank 2.26%
-- ANZ Bank New Zealand Ltd 20/03/24 CB NZ Government 2.25%
-- Genesis Energy Ltd 03/04/25 CB Corporates & SOEs 2.21%

PORTFOLIO CHARACTERISTICS

As at 31 January 2021.

PORTFOLIO CHARACTERISTICS FUND BENCHMARK
Duration (years) 3.99 3.94
Yield (%) 1.11 0.80
Credit Ratings (%)
AAA 3.8 0.9
AA+ to AA- 45.8 59.4
A+ to A- 20.0 31.7
BBB+ to BBB-, NR, NC 30.4 8.0

Fund Performance

Net Tangible Assets (NTA) per Unit Performance

1 Month 3 Months 1 Year 3 Years Annualised 5 Years Annualised
Investor Returns (After fees, after tax 28%) -0.07% -0.85% 3.29% 3.72% 3.62%
Returns (After fees, before tax) -0.10% -1.19% 4.57% 5.14% 5.02%
Returns (Before fees, before tax) -0.05% -1.05% 5.13% 5.71% 5.59%
Index Returns* -0.25% -1.44% 3.99% 4.89% 4.68%
  1. *S&P/NZX A-Grade Corporate Bond Index. Returns as at 31 January 2021.

Table of Dividends

Upcoming Dividends

EX DIVIDEND PERIOD AMOUNT SUPPL. IMPUTATION PAYABLE
2021-02-25 INT 1.564226 0.276040 0.608310 2021-03-19

Historic Dividends

EX DIVIDEND PERIOD AMOUNT SUPPL. IMPUTATION PAYABLE
2020-11-27 INT 1.518551 0.267980 0.590548 2020-12-18
2020-08-28 INT 1.625181 0.000000 0.000000 2020-09-18
2020-05-28 FIN 1.778726 0.100192 0.220792 2020-06-19
2020-02-27 INT 1.736741 0.306484 0.675399 2020-03-20
2019-11-28 INT 1.732460 0.305728 0.673735 2019-12-18

Market Announcements

CODE TITLE DATE TYPE
MKTUPDTE NZB MKTUPDTE: NZB: NZB NTA 04-03-2021 $3.08106 05 Mar 2021, 10:35am MKTUPDTE