Nikko AM Wholesale NZ Cash Fund

Fact Sheet

Philosophy

Nikko AM NZ applies a low-risk approach in the New Zealand cash sector, reflecting the conservative nature of fixed income assets. The focus on duration management and achieving a high running yield delivers a high probability of outperforming the benchmark.

Our decision-making process revolves around interpreting and forecasting possible changes to monetary policy in the months ahead and quantifying the likely impact on portfolio performance. The Fund invests directly into tradeable capital market securities. It is implemented in a risk-controlled and cost-effective manner.

Purpose

The Nikko AM Wholesale NZ Cash Fund is designed to provide investors with regular income by constructing an actively managed investment portfolio of short term deposits and bonds whilst preserving capital value.

Objective

To construct a portfolio of authorised investments that outperform the Fund's benchmark return by 0.2% per annum over a rolling three year period before fees.

Benchmark

Bloomberg NZBond Bank Bill Index

Distributions

March, June, September, December