Nikko AM NZ Cash Fund

The graph below shows the percentage of the fund invested in each of the worst issues of concern to New Zealanders. Below the graph are listed all the companies this fund invests in, by issue of concern.

This data is compiled by Mindful Money from the fund information and portfolios that each fund has filed with the Disclose register to Tue March 31st 2020 and Mindful Money analysis of funds within those portfolios. The list of companies of concern has been drawn from ratings agencies and public sources, including the Norwegian Sovereign Fund, NZ Super Fund and research organisations.

Past annual returns for this fund are after fees and taxes. Please note that higher past returns do not always mean higher future returns.

The market average is the average return for funds of the same risk category, sourced from the Commission for Financial Capability's Sorted website. The fund information has been sourced from the quarterly data that each fund has filed with Disclose register to Tue June 30th 2020.

Showing the top 10 investments for this fund:

• ASB Bank Ltd 220222 Frn
  New Zealand NZ Fixed Interest AA-
  7.24%
• Kiwibank Limited 221121 Frn
  New Zealand NZ Fixed Interest A
  6.89%
• Bank Of New Zealand 020720 2.45
  New Zealand Cash and Equivalents AA-
  5.92%
• Westpac New Zealand Ltd 140222 Frn
  New Zealand NZ Fixed Interest AA-
  4.46%
• Industrial and Commercial Bank Of China 110621 Frn
  New Zealand Cash and Equivalents A
  3.22%
• Mufg Bank Ltd Auckland Branch 040422 Frn
  New Zealand NZ Fixed Interest A
  2.91%
• Rabobank New Zealand 140621
  New Zealand Cash and Equivalents A
  2.62%
• Rabobank New Zealand 180621
  New Zealand Cash and Equivalents A
  2.62%
• Rabobank New Zealand 290621
  New Zealand Cash and Equivalents A
  2.62%
• Westpac NZD Cash Account
  New Zealand Cash and Equivalents AA-
  2.46%

This information has been sourced from the quarterly data that each fund has filed with Disclose register Tue June 30th 2020.

How the money in this fund is invested against the fund's targets.

This information has been sourced from the quarterly data that each fund has filed with Disclose register to Tue June 30th 2020.

Does this fund have a policy to exclude any industries from its investments? The first column shows if the fund has a policy to exclude the issue. The second column shows if there are any current investments (source: Mindful Money research).

The Fund may have investments that are not consistent with their exclusions policy because they are still in the process of implementing their policy.

• Issue of concern
  Does this fund say it excludes this?
  Actual holdings
• Adult Entertainment/Pornography:
  0.00%
• Alcohol:
  0.00%
• Animal Testing:
  0.00%
• Fossil Fuels:
  0.00%
• Gambling:
  0.00%
• GMOs:
  0.00%
• Human Rights & Environmental Violations:
  0.00%
• Palm Oil:
  0.00%
• Tobacco:
  0.00%
• Weapons:
  0.00%

This data is compiled by Mindful Money from the fund information and portfolios that each fund has filed with the Disclose register to Tue March 31st 2020 and Mindful Money analysis of funds within those portfolios. The list of companies of concern has been drawn from ratings agencies and public sources, including the Norwegian Sovereign Fund, NZ Super Fund and research organisations.

Note that the fund’s intended exclusions may not be consistent with the analysis of the portfolio because of timing issues or because there are companies of concern in indirect investments by the fund.

Note that many funds exclude controversial weapons. However, the category of Weapons used in this analysis is broader in scope, covering all munitions, firearms and military weapons.

In their own words

"The fund aims to provide investors with regular income by constructing an actively managed investment portfolio of short term deposits and bonds whilst preserving capital value."

Key Personnel

This information has been sourced from the quarterly data that each fund has filed with Disclose register to Tue June 30th 2020.

Downloads

Download the fund's disclosure statement and portfolio holdings.

• Portfolio holdings v