Nikko AM Australian Share Value - Managed Fund

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Fund Performance Comparison

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Fee comparison

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

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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 0.06 0.1 2.53 8.63 12.65 7.04 9.32 5.68
Growth return 0.06 0.1 1.43 4.57 8.84 3.6 5.93 0.98
Income return 0 0 1.1 4.06 3.81 3.44 3.39 4.7

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 95.60%
International Equities 0%
Cash 3.26%
Property 1.13%
Fixed Interest 0%
Alternatives 0%
Asset Allocation

General Information

Nikko AM Australian Share Value
Nikko Asset Management Australia Limited
TYN0010AU
Equity Australia Large Value
starstarstarstar (as at 31 May 2018)
Investment Fund
4 Jun 1987
$77.7 million (as at 31 May 2018)
$1.0914 (as at 20 Jun 2018)
$1.0849 (as at 20 Jun 2018)

Objectives and Strategy

The Fund aims to outperform the S&P/ASX 200 Accumulation Index by more than 2.5% p.a. over rolling five-year periods, before fees, expenses and tax.
The Fund is a managed investment scheme that invests predominantly, directly or indirectly, in a selection of Australian shares, with a strong preference for readily marketable securities. The Fund is designed for investors looking for long-term returns (capital growth and income) from a portfolio of shares which is actively managed by an investment team that seeks to identify shares that represent good value.

Offer information

Standard entry fee 4%
Indirect Cost Ratio (ICR) 1.35% (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 9.65%
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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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