This fund invests in a broad selection of NZ listed companies with potential for growth of income and capital, and may also invest in some Australian shares if the portfolio managers see opportunities, as part of an actively managed portfolio.
This fund provides a combination of specific exclusions and Environmental Social and Governance (ESG) integration, which considers the sustainability of companies.
The fund deliberately avoids investing in certain companies, industries, and sectors and aims to align social and personal values while still providing competitive returns.
Managed by a dedicated, institutional calibre SRI portfolio manager, the Nikko AM NZ SRI Equity Fund comprises 30-35 New Zealand and Australian companies.
Risk Indicator (volatility)
Target Asset Allocation
This number indicates the relative 'risk' level of this fund based on the types of assets it is invested in, ranging from level 1 (least risky) to 7 (most risky).
|Risk category||Description of volatility|
|4||Medium to High|
The risk indicators are calculated using returns of the funds, the returns of the fund’s market index or a combination of both, for the previous five years. Index returns or a mix are used if the fund has existed for less than five years. All Managers are required to use the same methodology so you can compare the risk of different funds if you are researching more than one manager.
|One month||Three months||One year||Three years (p.a)||Five years (p.a)|
|Appropriate Market Index (AMI)2||1.36%||-6.85%|
AMI (appropriate market index) is a theoretical portfolio with similar underlying assets as the fund. This allows investors to see a comparison of how the value of those assets have changed in the market relative to the fund.
|Fisher & Paykel Healthcare||11.11%|
|Spark New Zealand Ltd||7.53%|
|Auckland International Airport Ltd||6.65%|
|Contact Energy Limited||6.21%|
|EBOS Group Limited||5.75%|
|Fletcher Building Ltd||5.22%|
|Meridian Energy Ltd NPV||4.52%|
|Summerset Group Holdings Ltd||3.34%|