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  5. Nikko AM International Bond - Managed fund profile

Nikko AM International Bond - Managed Fund (Closed)

Fund Objective
The Fund aims to outperform the JP Morgan Global Government Bond Index (ex Australia) in Australian Dollars (hedged) over any rolling three-year period, before fees, expenses and taxes.
Fund Strategy
The Fund is designed for investors who want to diversify their fixed interest exposure beyond Australia and who seek returns from International fixed interest markets The Fund invests in a range of international fixed interest securities, short-term securities (including Australian denominated securities) and cash.

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 0.55% -0.09% -0.04% -0.14% 1.52% 2.35% 4.04% 5.45%
Growth return 0.55% -0.09% -0.04% -0.14% 1.51% -0.94% 0.02% -1.54%
Income return 0% 0% 0% 0% 0.01% 3.29% 4.02% 6.99%
Market index (Bloomberg Global Aggregate TR Hdg AUD)
Total return 0.49% 1.25% 1.39% 2.84% 4.39% 2.5% -0.63% 1.95%
As at 30 Nov 2018. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Nikko AM International Bond
Cash
16.83%
Fixed Interest
83.17%
Australian Equities
0%
International Equities
0%
Property & Infrastructure
0%
Alternatives
0%
Average Allocation of Peers
Cash
5.47%
Fixed Interest
92.30%
Australian Equities
0.06%
International Equities
0.01%
Property & Infrastructure
0%
Alternatives
2.17%

General Information

Fund Details
Type Description
Nikko AM International Bond
Closed
Nikko Asset Management Australia Limited
TYN0107AU
Bonds - Global
starstarstar (as at 31 Oct 2018)
Investment Fund
30 Jun 2000
$6.33 million (as at 30 Nov 2018)
$0.9353 (as at 4 Dec 2018)
$0.9334 (as at 4 Dec 2018)
Finalised
Offer information
Type Description
MER 0.65% (as at 30 Jun 2007)
Indirect Cost Ratio (ICR) 0.65% (as at 30 Jun 2016)
Minimum initial investment $20,000
Minimum additional investments $1,000.00
Minimum redemption amount $1,000.00

Top 10 holdings (as at 31 Oct 2018)

Holding (as at 31 Oct 2018) Type % of Portfolio
Japan (Government Of) 0.6% Bond - Gov't/Treasury 9.41%
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FAQs about the Nikko AM International Bond

The objective of the Nikko AM International Bond managed fund is The Fund aims to outperform the JP Morgan Global Government Bond Index (ex Australia) in Australian Dollars (hedged) over any rolling three-year period, before fees, expenses and taxes.

The strategy of the Nikko AM International Bond managed fund is The Fund is designed for investors who want to diversify their fixed interest exposure beyond Australia and who seek returns from International fixed interest markets The Fund invests in a range of international fixed interest securities, short-term securities (including Australian denominated securities) and cash.

The APIR code of the Nikko AM International Bond managed fund is TYN0107AU.

Nikko AM International Bond’s total return last month was 0.55%. This was made up of a growth return of 0.55% and an income return of 0%. These returns were calculated as at 30 Nov 2018.

Nikko AM International Bond’s total return for the last three months was -0.09%. This was made up of a growth return of -0.09% and an income return of 0%%. These returns were calculated as at 30 Nov 2018.

Nikko AM International Bond’s one-year total return is -0.14%. This was made up of a growth return of -0.14% and an income return of 0%. These returns were calculated as at 30 Nov 2018.

Nikko AM International Bond’s one-year total return is 2.35%. This was made up of a growth return of -0.94% and an income return of 3.29%. These returns were calculated as at 30 Nov 2018.

The asset allocation of the Nikko AM International Bond managed fund is :

Cash
16.83%
Fixed Interest
83.17%
Australian Equities
0%
International Equities
0%
Property & Infrastructure
0%
Alternatives
0%

The Responsible Entity for the Nikko AM International Bond managed fund is Nikko Asset Management Australia Limited.

The Nikko AM International Bond managed fund belongs to the Bonds - Global sector/asset class.

As at 30 Nov 2018, the size of the Nikko AM International Bond managed fund was $6.33 million.

The Nikko AM International Bond managed fund has an inception date of 30 Jun 2000.

The current entry price of the Nikko AM International Bond managed fund is $0.9353 per unit and the current exit price is $0.9334 per unit (as at 4 Dec 2018).

The current exit price of the Nikko AM International Bond managed fund is $0.9334 per unit and the current entry price is $0.9353 per unit (as at 4 Dec 2018).

The minimum initial investment amount for the Nikko AM International Bond managed fund is $20,000. 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.