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:

18/10/2019

MARKET PRICE:

$3.119

NTA:

$3.12

YIELD:

4.01%

TOTAL FUND VALUE:

$334,049,947

FUND CHARGES:

0.54%

 

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Funds Summary


TOP 10 HOLDINGS

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

TICKER ISSUER INDUSTRY SECTOR WEIGHTING
-- New Zealand Government 20/09/25 IB NZ Government 6.39%
-- NZ Local Govt. Funding Agency 14/04/33 GB Local Authority 5.39%
-- Insurance Australia Group Ltd 15/06/43 CB Corporates & SOEs 3.32%
-- New Zealand Government 15/05/21 GB NZ Government 3.03%
-- Bank of New Zealand 15/06/23 CB NZ Bank 2.97%
-- Westpac Current Account Cash & cash equivalents 2.62%
-- TR Group Ltd 07/03/24 CB Corporates & SOEs 2.57%
-- Chorus Ltd 06/12/23 CB Corporates & SOEs 2.48%
-- ASB Bank Ltd 07/09/23 CB NZ Bank 2.48%
-- Fonterra Co-operative Group Ltd 19/06/25 CB Corporates & SOEs 2.42%

PORTFOLIO CHARACTERISTICS

As at 30 September 2019.

PORTFOLIO CHARACTERISTICS FUND BENCHMARK
Duration (years) 3.86 3.52
Yield (%) 1.93 1.50
Credit Ratings (%)
AAA 0.5
AA+ to AA- 46.9
A+ to A- 24.0
BBB+ to BBB- 28.6

Fund Performance

Net Tangible Assets (NTA) per Unit Performance

1 Month 3 Months 1 Year 3 Years Annualised 5 Years Annualised
Investor Returns* -0.04% 1.68% 5.60% 3.57%
  1. * Returns are as at 30 September 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
2019-08-29 INT 1.877222 0.331275 0.730031 2019-09-20
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

Market Announcements

CODE TITLE DATE TYPE
MKTUPDTE NZB MKTUPDTE: NZB: NZB NTA 17-10-2019 $3.11730 18 Oct 2019, 09:03am MKTUPDTE