Nikko AM Australian Share Concentrated - Managed Fund

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Fund Performance Comparison

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Relative Fund Performance vs {{ fund.benchmark.peers.peerCount }} peers and {{ }}

Fee comparison

NOTE: Over the long term, higher fees lead to lower returns

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Benchmark* Peers Fees InvestSMART's Fees
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* A benchmark is an arbitary calculation that does not have any fees. Hence why in the long term the majority of fund managers underperform their benchmark by the cost of their fees. InvestSMART provides low cost funds that track their benchmark.

Fund performance (31 May 2018)

NOTE : returns for periods greater than 1 year are annualised
  1 Month % 3 Month % 6 Month % 1 Year % p.a. 2 Year % p.a. 3 Year % p.a. 5 Year % p.a. 10 Year % p.a.
Total return 0.34 -0.39 0.41 5.31 8.6 4.68 8.5 -
Growth return 0.34 -1.06 -3.91 -2.88 0.32 -3.11 -0.73 -
Income return 0 0.67 4.32 8.19 8.28 7.79 9.23 -

Market index (S&P/ASX 200 TR AUD)

Total return 1.09 1.08 2.81 9.63 10.36 5.94 8.76 5.24

Asset Allocation (31 May 2018)

Australian Equities 91.13%
International Equities 0%
Cash 6.50%
Property 2.37%
Fixed Interest 0%
Alternatives 0%
Asset Allocation

General Information

Nikko AM Australian Share Concentrated
Nikko Asset Management Australia Limited
Equity Australia Large Value
starstarstarstar (as at 31 May 2018)
Investment Fund
26 May 2010
$52.26 million (as at 31 May 2018)
$1.1369 (as at 18 Jun 2018)
$1.1301 (as at 18 Jun 2018)

Objectives and Strategy

The Fund aims to provide long-term capital growth and income by investing in a concentrated selection of shares. The Fund is constructed on a benchmark unaware basis, which means stock weightings in the Fund can vary considerably from the S&P/ASX 200 Index.
The Fund is a managed investment scheme that invests predominantly, directly or indirectly, in a concentrated selection of listed Australian shares, with a strong preference for readily marketable securities.

Offer information

Indirect Cost Ratio (ICR) 1% (as at 30 Jun 2017)
Performance fee (not included in ICR) Not Available
Minimum initial investment $20,000
Minimum additional investments $1,000.00
Minimum redemption amount $1,000.00

Top 10 holdings (as at 31 May 2018)

Holding Type % of Portfolio
Australia and New Zealand Banking Group Ltd Equity 7.99%
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DISCLOSURE: InvestSMART Group Limited employees may have an interest in the securities and managed funds displayed via this service. Please refer to our Financial Services Guide for more information.

Data shown on this website is sourced by Morningstar
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