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:

22/02/2019

MARKET PRICE:

$2.988

NTA:

$2.98934

YIELD:

2.85%

TOTAL FUND VALUE:

$113,974,081

FUND CHARGES:

0.33%

 

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Funds Summary


TOP 10 HOLDINGS

Top 10 issuer exposure as at 31 December 2018. Updated quarterly.

TICKER ISSUER INDUSTRY SECTOR WEIGHTING
-- SBS Bank 01/08/19 TD NZ Bank 8.93%
-- Kiwibank Ltd 22/11/21 FRN NZ Bank 7.06%
-- Meridian Energy Ltd 29/10/19 FRN Corporates & SOEs 5.35%
-- Fonterra Cooperative Group Ltd 08/10/21 FRN Corporates & SOEs 4.82%
-- Westpac 27/06/19 TD NZ Bank 4.47%
-- China Construction Bank 22/02/19 TD Corporates & SOEs 3.61%
-- Westpac 11/04/19 TD NZ Bank 3.60%
-- Kiwibank Ltd 15/02/19 TD NZ Bank 3.29%
-- Bank of New Zealand 14/09/20 FRN NZ Bank 3.09%
-- Westpac 12/07/19 CB NZ Bank 2.75%

PORTFOLIO CHARACTERISTICS

As at 31 January 2019.

PORTFOLIO CHARACTERISTICS FUND BENCHMARK
Duration (days) 99 45
Yield (%) 3.00 1.86
Sector Breakdown (%)
New Zealand Banks 72.2
Corporates and SOEs 12.6
NZ Govt and Local Authority 15.2

Fund Performance

Net Tangible Assets (NTA) per Unit Performance

1 Month 3 Months 1 Year 3 Years Annualised 5 Years Annualised
Investor Returns* 0.15% 0.46% 1.88% 2.02%
  1. * Returns are as at 31 January 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

Upcoming Dividends

EX DIVIDEND PERIOD AMOUNT SUPPL. IMPUTATION PAYABLE
2019-02-27 INT 1.529167 0.269853 0.594676 2019-03-20

Historic Dividends

EX DIVIDEND PERIOD AMOUNT SUPPL. IMPUTATION PAYABLE
2018-11-29 INT 1.567988 0.276704 0.609773 2018-12-20
2018-08-30 INT 1.546832 0.272970 0.601546 2018-09-20
2018-05-30 FIN 1.563119 0.275845 0.607880 2018-06-20
2018-02-27 INT 1.616654 0.188167 0.414665 2018-03-20
2017-11-29 INT 1.564058 0.174808 0.385225 2017-12-20

Market Announcements

CODE TITLE DATE TYPE
MKTUPDTE NZC MKTUPDTE: NZC: NZC NTA 21-02-2019 $2.98934 22 Feb 2019, 08:31am MKTUPDTE

SMARTINCOME Funds