The fund aims to provide a return above the Official Cash Rate (OCR) over a rolling 12 month period, by investing in cash, cash equivalents and short-term New Zealand fixed interest assets. These investments typically have very low movement up and down in value.
The unit prices shown do not take into account any adjustment for PIE tax.
Buy/sell spreads may apply when transacting. There are currently none.
| Company name | % of fund |
|---|---|
| ANZ transactional bank account | 8.93% |
| New Zealand Local Government Funding Agency Ltd 15/04/2026 1.50% | 7.16% |
| Kiwibank Limited 20/09/2024 2.155% | 4.44% |
| Auckland City Council 0% 18/04/2024 | 4.23% |
| Genesis Energy Limited 5.0% 03/04/2025 | 4.20% |
| Fonterra Co-op Group RCD 06/06/2024 | 4.19% |
| Christchurch International Airport Limited 24/05/2024 4.13% | 4.18% |
| SBS RCD 05/04/2024 | 3.95% |
| Spark Finance Limited RCD 24/04/2024 | 3.94% |
| Mercury NZ Ltd 0% 13/06/2024 | 3.91% |
| Major holdings as % of total portfolio | 49.14% |
| 1 Month | 3 Months | 1 Year | *3 Years | *Since commenced operation | |
|---|---|---|---|---|---|
| Net Fund Return | 1 Month 0.49% | 3 Months 1.37% | 1 Year N/A | *3 Years N/A | *Since commenced operation 4.81% |
| Gross Fund Return | 1 Month 0.52% | 3 Months 1.47% | 1 Year N/A | *3 Years N/A | *Since commenced operation 5.11% |
| S&P/NZX Bank Bills 90-Day Index | 1 Month 0.48% | 3 Months 1.40% | 1 Year N/A | *3 Years N/A | *Since commenced operation 4.70% |
*Actual
Net Fund Returns are calculated before deduction of taxes but after deduction of fund charges and trading expenses and including imputation credits where available. 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 31 December 2023. See more information about the risks of investing in the Product Disclosure Statement.
| Cash and cash equivalents | 65.00% |
| New Zealand fixed interest | 35.00% |
| 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.
