InvestSMART

Nikko AM Australian Shares Multi-manager - Managed Fund (Closed)

Fund Objective
The Fund aims to outperform the S&P/ASX 200 Accumulation Index by 3.0% p.a. over a rolling three-year period (before fees).
Fund Strategy
The Fund is a managed investment scheme that invests predominantly, directly or indirectly in a range of listed Australian shares and other securities, including exchange traded funds. Investments are made via a number of specialist investment managers, carefully selected and 'blended' by Tyndall Investment Management Limited. The portfolio is actively managed using a multi-manager approach and diversified across investment managers, investment styles and industry sectors.

Fund Performance Comparison

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Fees Comparison

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NOTE: Fee data has been provided by Morningstar, it may not include all costs being charged on your investment such as platform and adviser fees. You should check your fund manager or adviser statements to find out the exact fees you are being charged. Peers are funds that use the same benchmark in the Morningstar database.
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Fund performance

  1M 3M 6M 1Y p.a. 2Y p.a. 3Y p.a. 5Y p.a. 10Y p.a.
Total return 2.91% 4.78% 1.29% -6.71% 2.05% 5.49% -% -%
Growth return 2.91% 3.76% -1.3% -19.98% -12.49% -12.9% -% -%
Income return 0% 1.02% 2.59% 13.27% 14.54% 18.39% -% -%
Market index (S&P/ASX 200 TR AUD)
Total return 0.39% 2.7% 11.09% 12.46% 18.51% 13.08% 12.64% 9.68%
As at 30 Apr 2016. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Nikko AM Australian Shares Multi-manager
Australian Equities
99.90%
Cash
0.10%
International Equities
0%
Property & Infrastructure
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
Australian Equities
95%
Cash
-0.56%
International Equities
4.72%
Property & Infrastructure
1.39%
Fixed Interest
-0.49%
Alternatives
-0.06%

General Information

Fund Details
Type Description
Nikko AM Australian Shares Multi-manager (Wholesale)
Closed
Nikko Asset Management Australia Limited
SUN0030AU
Equity Australia Large Blend
starstarstarstar (as at 30 Apr 2016)
Investment Fund
22 Jan 2013
$72.19 million (as at 30 Apr 2016)
$1.1824 (as at 18 May 2016)
$1.1753 (as at 18 May 2016)
Finalised
Offer information
Type Description
Indirect Cost Ratio (ICR) 0% (as at 30 Jun 2015)
Minimum initial investment $500,000
Minimum additional investments $1,000.00
Minimum redemption amount $1,000.00

Top 10 holdings (as at 30 Apr 2016)

Holding (as at 30 Apr 2016) Type % of Portfolio
Commonwealth Bank of Australia Equity 8%
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FAQs about the Nikko AM Australian Shares Multi-manager

The objective of the Nikko AM Australian Shares Multi-manager managed fund is The Fund aims to outperform the S&P/ASX 200 Accumulation Index by 3.0% p.a. over a rolling three-year period (before fees).

The strategy of the Nikko AM Australian Shares Multi-manager managed fund is The Fund is a managed investment scheme that invests predominantly, directly or indirectly in a range of listed Australian shares and other securities, including exchange traded funds. Investments are made via a number of specialist investment managers, carefully selected and 'blended' by Tyndall Investment Management Limited. The portfolio is actively managed using a multi-manager approach and diversified across investment managers, investment styles and industry sectors.

The APIR code of the Nikko AM Australian Shares Multi-manager managed fund is SUN0030AU.

Nikko AM Australian Shares Multi-manager’s total return last month was 2.91%. This was made up of a growth return of 2.91% and an income return of 0%. These returns were calculated as at 30 Apr 2016.

Nikko AM Australian Shares Multi-manager’s total return for the last three months was 4.78%. This was made up of a growth return of 3.76% and an income return of 1.02%%. These returns were calculated as at 30 Apr 2016.

Nikko AM Australian Shares Multi-manager’s one-year total return is -6.71%. This was made up of a growth return of -19.98% and an income return of 13.27%. These returns were calculated as at 30 Apr 2016.

Nikko AM Australian Shares Multi-manager’s one-year total return is 5.49%. This was made up of a growth return of -12.9% and an income return of 18.39%. These returns were calculated as at 30 Apr 2016.

The asset allocation of the Nikko AM Australian Shares Multi-manager managed fund is :

Australian Equities
99.90%
Cash
0.10%
International Equities
0%
Property & Infrastructure
0%
Fixed Interest
0%
Alternatives
0%

The Responsible Entity for the Nikko AM Australian Shares Multi-manager managed fund is Nikko Asset Management Australia Limited.

The Nikko AM Australian Shares Multi-manager managed fund belongs to the Equity Australia Large Blend sector/asset class.

As at 30 Apr 2016, the size of the Nikko AM Australian Shares Multi-manager managed fund was $72.19 million.

The Nikko AM Australian Shares Multi-manager managed fund has an inception date of 22 Jan 2013.

The current entry price of the Nikko AM Australian Shares Multi-manager managed fund is $1.1824 per unit and the current exit price is $1.1753 per unit (as at 18 May 2016).

The current exit price of the Nikko AM Australian Shares Multi-manager managed fund is $1.1753 per unit and the current entry price is $1.1824 per unit (as at 18 May 2016).

The minimum initial investment amount for the Nikko AM Australian Shares Multi-manager managed fund is $500,000. Minimum additional investment is $1000.

Fund data sourced from Morningstar. Some material is copyright and published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO"). Data and content is provided for personal use only. Whilst every care has been taken in producing these numbers, neither Morningstar nor InvestSMART can make any guarantees around the complete accuracy of these figures. Should you decide to change investments, please read all relevant disclosure documents including the Product Disclosure Statements and if required, you may consider speaking to a financial professional for further guidance. A tax event may be realised as a result of switching investments. Past performance is not a reliable indicator of future performance.