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:

10/08/2020

MARKET PRICE:

$2.962

NTA:

$2.96

YIELD:

2.35%

TOTAL FUND VALUE:

$256,223,995

FUND CHARGES:

0.20%

 

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Funds Summary


TOP 10 HOLDINGS

Top 10 issuer exposure as at 30 June 2020. Updated quarterly.

TICKER ISSUER INDUSTRY SECTOR WEIGHTING
-- Westpac Current Account Cash & cash equivalents 11.14%
-- ANZ Bank New Zealand Ltd 25/09/20 CB NZ Bank 2.54%
-- Mercury NZ Ltd 22/09/20 PNOTE Corporates & SOEs 2.49%
-- Rabobank New Zealand 14/01/21 RCD NZ Bank 2.48%
-- Dunedin City Treasury Ltd 16/11/20 CB Local Authority 2.36%
-- Fonterra Cooperative Group Ltd 08/10/21 FRN Corporates & SOEs 2.34%
-- ANZ Bank New Zealand Ltd 07/08/20 TD Corporates & SOEs 2.32%
-- Westpac New Zealand 04/02/21 TD NZ Bank 2.32%
-- Kiwibank Ltd 23/07/20 TD NZ Bank 2.31%
-- SBS Bank 29/07/20 TD NZ Bank 1.97%

PORTFOLIO CHARACTERISTICS

As at 30 June 2020.

PORTFOLIO CHARACTERISTICS FUND BENCHMARK
Duration (days) 66 45
Sector Breakdown (%)
New Zealand Banks 62.9
Corporates and SOEs 24.1
NZ Govt and Local Authority 13.0

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%) 0.06% 0.24% 1.10% 1.65%
Returns (After fees, before tax) 0.09% 0.33% 1.52% 2.29%
Returns (Before fees, before tax) 0.10% 0.40% 1.84% 2.63%
Index Returns* 0.03% 0.07% 1.07% 1.66%
  1. *S&P/NZX Bank Bills 90-Day Index. Returns as at 31 July 2020.

Table of Dividends

Historic Dividends

EX DIVIDEND PERIOD AMOUNT SUPPL. IMPUTATION PAYABLE
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
2019-08-29 INT 1.491890 0.263275 0.580180 2019-09-20
2019-05-30 FIN 1.765133 0.311494 0.686441 2019-06-20

Market Announcements

CODE TITLE DATE TYPE
MKTUPDTE NZC MKTUPDTE: NZC: NZC NTA 07-08-2020 $2.95985 10 Aug 2020, 10:25am MKTUPDTE