Invests in New Zealand fixed interest assets. Aims to achieve long-term returns (before fees, taxes and other expenses) greater than the Bloomberg NZBond Composite 0+ Yr Index. These investments typically have low to moderate levels of movement up and down in value.
The unit prices shown do not take into account any adjustment for any accrued PIE tax that individual investors may need to pay on withdrawal. Buy/sell spreads may apply when transacting - there are currently none.
| Company name | % of fund |
|---|---|
| New Zealand Government 4.50% 15/05/2030 | 8.51% |
| New Zealand Government 1.5% 15/05/2031 | 6.75% |
| New Zealand Government 3% 20/04/2029 | 5.45% |
| New Zealand Government 14/04/2033 3.5% | 5.44% |
| New Zealand Government 4.50% 15/04/2027 | 5.37% |
| New Zealand Government 15/05/2028 0.25% | 5.12% |
| New Zealand Government 15/05/2032 2.00% | 4.54% |
| Westpac New Zealand 1.439% 24/02/2026 | 3.32% |
| NZ Government 4.25% 15/05/2034 Green Bond | 3.17% |
| ANZ transactional bank account | 3.01% |
| Major holdings as % of total portfolio | 50.68% |
| 1 Month | 3 Months | 1 Year | *3 Years | *Since commenced operation | |
|---|---|---|---|---|---|
| Net Fund Return | 1 Month -0.54% | 3 Months 0.89% | 1 Year 10.88% | *3 Years 2.15% | *Since commenced operation 4.37% |
| Gross Fund Return | 1 Month -0.47% | 3 Months 1.08% | 1 Year 11.74% | *3 Years 2.93% | *Since commenced operation 5.29% |
| Bloomberg NZBond Composite 0+Yr Index | 1 Month -0.51% | 3 Months 1.03% | 1 Year 10.91% | *3 Years 1.40% | *Since commenced operation N/A |
| S&P/NZX Investment Grade Corporate Bond Index | 1 Month -0.27% | 3 Months 1.50% | 1 Year 10.64% | *3 Years 2.81% | *Since commenced operation 5.03% |
*Annualised
Net Fund Returns are calculated before deduction of taxes but after deduction of fund charges and trading expenses and including imputation credits where available. Prior to October 2022 Net Fund Returns were calculated after deduction of fund charges, trading expenses and accrued tax for a New Zealand resident paying individual tax at the highest Prescribed Investor Rate (28%). Gross Fund Returns are calculated before deduction of taxes and fund charges but after deduction of trading expenses and including imputation credits where applicable. Market index returns do not have any deductions for fund charges, trading expenses or tax.
The S&P/NZX Investment Grade Corporate Bond Index (“Index”) is a product of S&P Dow Jones Indices LLC and/or its affiliates and has been licensed for use by Forsyth Barr Limited. Copyright © 2015 S&P Dow Jones Indices LLC, a subsidiary of McGraw Hill Financial Inc., and/or its affiliates. All rights reserved. Redistribution, reproduction and/or photocopying in whole or in part are prohibited without written permission of S&P Dow Jones Indices LLC. For more information on any of S&P Dow Jones Indices LLC’s indices please visit www.spdji.com. S&P® is a registered trademark of Standard & Poor’s Financial Services LLC and Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC. Neither S&P Dow Jones Indices LLC, Dow Jones Trademark Holdings LLC, their affiliates nor their third party licensors make any representation or warranty, express or implied, as to the ability of any index to accurately represent the asset class or market sector that it purports to represent and neither S&P Dow Jones Indices LLC, Dow Jones Trademark Holdings LLC, their affiliates nor their third party licensors shall have any liability for any errors, omissions, or interruptions of any index or the data included therein.
The risk indicator is rated from 1 (low) to 7 (high). The rating reflects how much the value of the relevant fund’s assets goes up and down (volatility). A higher risk generally means higher potential returns over time, but more ups and downs along the way. The risk indicator is based on the returns data for the five years to 30 September 2024. See more information about the risks of investing in the Product Disclosure Statement.
| Cash and cash equivalents | 5.00% |
| New Zealand fixed interest | 95.00% |
| International fixed interest | 0.00% |
| Australasian equities | 0.00% |
| International equities | 0.00% |
| Listed property | 0.00% |
View the Product Disclosure Statement for detailed information about this Fund and Octagon Investment Funds Scheme.
