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:

05/03/2021

MARKET PRICE:

$2.95

NTA:

$2.95

YIELD:

1.32%

TOTAL FUND VALUE:

$220,700,450

FUND CHARGES:

0.20%

 

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Funds Summary


TOP 10 HOLDINGS

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

TICKER ISSUER INDUSTRY SECTOR WEIGHTING
-- Westpac 32 Day Constant Maturity Deposit NZ Bank 12.69%
-- Westpac Current Account Cash & cash equivalents 3.35%
-- Rabobank New Zealand 14/01/21 RCD NZ Bank 2.82%
-- Fonterra Cooperative Group Ltd 08/10/21 FRN Corporates & SOEs 2.66%
-- Westpac New Zealand 04/02/21 TD NZ Bank 2.66%
-- ANZ Bank New Zealand Ltd 21/01/21 TD NZ Bank 2.62%
-- NZ Local Govt. Funding Agency 15/05/21 GB NZ Government 2.46%
-- Hong Kong and Shanghai Banking Corp. Ltd. 29/03/21 FRN NZ Bank 2.22%
-- Toyota Finance New Zealand Ltd 26/10/22 FRN Corporates & SOEs 2.19%
-- ANZ Bank New Zealand Ltd 14/05/21 TD NZ Bank 2.18%

PORTFOLIO CHARACTERISTICS

As at 31 January 2021.

PORTFOLIO CHARACTERISTICS FUND BENCHMARK
Duration (days) 62 45
Sector Breakdown (%)
New Zealand Banks 60.7
Corporates and SOEs 24.4
NZ Govt and Local Authority 14.9

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%) 0.04% 0.13% 0.70% 1.40% 1.68%
Returns (After fees, before tax) 0.06% 0.18% 0.98% 1.95% 2.34%
Returns (Before fees, before tax) 0.07% 0.23% 1.24% 2.26% 2.66%
Index Returns* 0.02% 0.07% 0.56% 1.38% 1.72%
  1. *S&P/NZX Bank Bills 90-Day Index. Returns as at 31 January 2021.

Table of Dividends

Upcoming Dividends

EX DIVIDEND PERIOD AMOUNT SUPPL. IMPUTATION PAYABLE
2021-02-25 INT 0.650231 0.114747 0.252868 2021-03-19

Historic Dividends

EX DIVIDEND PERIOD AMOUNT SUPPL. IMPUTATION PAYABLE
2020-11-27 INT 0.672690 0.118710 0.261602 2020-12-18
2020-08-28 INT 0.707606 0.000000 0.000000 2020-09-18
2020-05-28 FIN 1.360058 0.000000 0.000000 2020-06-19
2020-02-27 INT 1.079018 0.190415 0.419618 2020-03-20
2019-11-28 INT 1.469116 0.259256 0.571323 2019-12-18

Market Announcements

CODE TITLE DATE TYPE
MKTUPDTE NZC MKTUPDTE: NZC: NZC NTA 04-03-2021 $2.94901 05 Mar 2021, 10:35am MKTUPDTE