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:

19/08/2019

MARKET PRICE:

$3.137

NTA:

$3.14

YIELD:

3.79%

TOTAL FUND VALUE:

$320,794,696

FUND CHARGES:

0.54%

 

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Funds Summary


TOP 10 HOLDINGS

Top 10 issuer exposure as at 30 June 2019. Updated quarterly.

TICKER ISSUER INDUSTRY SECTOR WEIGHTING
-- New Zealand Government 20/09/25 IB NZ Government 6.11%
-- New Zealand Government 15/05/21 GB NZ Government 4.03%
-- Insurance Australia Group Ltd 15/06/43 CB Corporates & SOEs 3.61%
-- Bank of New Zealand 15/06/23 CB NZ Bank 3.19%
-- NZ Local Govt. Funding Agency 14/04/33 GB Local Authority 3.14%
-- TR Group Ltd 07/03/24 CB Corporates & SOEs 2.79%
-- Chorus Ltd 06/12/23 CB Corporates & SOEs 2.71%
-- Fonterra Co-operative Group Ltd 19/06/25 CB Corporates & SOEs 2.56%
-- NZ Local Govt. Funding Agency 15/04/23 GB Local Authority 2.46%
-- ASB Bank Ltd 07/09/23 CB NZ Bank 2.41%

PORTFOLIO CHARACTERISTICS

As at 31 July 2019.

PORTFOLIO CHARACTERISTICS FUND BENCHMARK
Duration (years) 3.70 3.45
Yield (%) 2.22 1.79
Credit Ratings (%)
AAA 0.5
AA+ to AA- 44.4
A+ to A- 24.1
BBB+ to BBB- 31.00

Fund Performance

Net Tangible Assets (NTA) per Unit Performance

1 Month 3 Months 1 Year 3 Years Annualised 5 Years Annualised
Investor Returns* 0.62% 2.05% 5.30% 3.42%
  1. * Returns are as at 31 July 2019 and are calculated on NTA movement, assuming distributions are reinvested on ex-date, and are after tax at 28% and fund charges.

Table of Dividends

Historic Dividends

EX DIVIDEND PERIOD AMOUNT SUPPL. IMPUTATION PAYABLE
2019-05-30 FIN 2.114063 0.373070 0.822135 2019-06-20
2019-02-27 INT 2.083373 0.367654 0.810201 2019-03-20
2018-11-29 INT 2.929958 0.517051 1.139428 2018-12-20
2018-08-30 INT 1.431291 0.252581 0.556613 2018-09-20
2018-05-30 FIN 2.277887 0.401980 0.885845 2018-06-20

Market Announcements

CODE TITLE DATE TYPE
MKTUPDTE NZB MKTUPDTE: NZB: NZB NTA 19-08-2019 $3.13556 20 Aug 2019, 09:18am MKTUPDTE