Obtains investment exposure by investing in the Nikko AM Wholesale Australasian Small Companies Fund

Philosophy

The small companies’ portfolio provides exposure to New Zealand and Australian small companies, otherwise referred to as “emerging leaders”. The Fund is skewed to Australian investments and aims to deliver capital growth and a modest income over a medium time frame. Investment positions are actively managed to provide a diverse range of companies and sectors.

Nikko AM NZ’s fundamental research identifies mispriced companies that offer a blend of value, sustainability and growth. Fundamental research is crucial to establish a clear level of intrinsic value versus the market. It delivers insights into the sustainability, competitive advantages and likely catalysts that must be monitored.

Objective

To construct a portfolio of permitted investments that outperform the Fund's benchmark return by 3.0% per annum over a rolling three year period before fees, expenses and taxes.

Benchmark

Composite of:

  • S&P/ASX Small Ordinaries Index (NZD; unhedged): 70%
  • S&P/NZX SmallCap Index Gross with Imputation: 25%
  • S&P/NZX Call Rate Deposit Index: 5%

Distributions

March, September