Buy/sell spreads can apply to any/all funds as and when market conditions require them. Our objective is to set the spreads at a level which reflect the expected transaction costs, so they are paid by transacting investors and not by other unit holders in the fund.

KiwiSaver Funds
Fund Buy Spread Sell Spread
Nikko AM KiwiSaver Scheme Core Equity Fund 0.29% 0.29%
Nikko AM KiwiSaver Scheme Global Shares Fund 0.07% 0.07%
Nikko AM KiwiSaver Scheme NZ Cash Fund 0.00% 0.00%
Nikko AM KiwiSaver Scheme NZ Corporate Bond Fund 0.00% 0.00%
Nikko AM KiwiSaver Scheme Option Fund 0.00% 0.00%
Nikko AM KiwiSaver Scheme Conservative Fund 0.04% 0.04%
Nikko AM KiwiSaver Scheme Balanced Fund 0.09% 0.09%
Nikko AM KiwiSaver Scheme Growth Fund 0.13% 0.13%
Retail Funds
Fund Buy Spread Sell Spread
Nikko AM Core Equity Fund 0.29% 0.29%
Nikko AM Concentrated Equity Fund 0.29% 0.29%
Nikko AM Global Shares Fund 0.07% 0.07%
Nikko AM Global Shares Hedged Fund 0.07% 0.07%
Nikko AM Global Equity Unhedged Fund 0.07% 0.07%
Nikko AM Global Equity Hedged Fund 0.07% 0.07%
Nikko AM ARK Disruptive Innovation Fund 0.00% 0.00%
Nikko AM NZ Cash Fund 0.00% 0.00%
Nikko AM NZ Bond Fund 0.00% 0.00%
Nikko AM NZ Corporate Bond Fund 0.00% 0.00%
Nikko AM Income Fund 0.00% 0.00%
Nikko AM Global Bond Fund 0.00% 0.00%
Nikko AM Option Fund 0.00% 0.00%
Nikko AM Conservative Fund 0.04% 0.04%
Nikko AM Balanced Fund 0.09% 0.09%
Nikko AM Growth Fund 0.13% 0.13%
Wholesale Funds
Fund Buy Spread Sell Spread
Nikko AM Wholesale Core Equity Fund 0.29% 0.29%
Nikko AM Wholesale SRI Equity Fund 0.29% 0.29%
Nikko AM Wholesale Concentrated Equity Fund 0.29% 0.29%
Nikko AM Wholesale Property Fund 0.20% 0.20%
Nikko AM Wholesale Global Shares Fund 0.07% 0.07%
Nikko AM Wholesale Global Shares Hedged Fund 0.07% 0.07%
Nikko AM Wholesale Global Equity Unhedged Fund 0.07% 0.07%
Nikko AM Wholesale Global Equity Hedged Fund 0.07% 0.07%
Nikko AM Wholesale NZ Cash Fund 0.00% 0.00%
Nikko AM Wholesale NZ Bond Fund 0.00% 0.00%
Nikko AM Wholesale NZ Corporate Bond Fund 0.00% 0.00%
Nikko AM Wholesale Global Bond Fund 0.00% 0.00%
Nikko AM Wholesale Option Fund 0.00% 0.00%
Nikko AM Wholesale Multi-Strategy Fund 0.00% 0.00%
Nikko AM Wholesale Conservative Fund 0.04% 0.04%
Nikko AM Wholesale Balanced Fund 0.09% 0.09%
Nikko AM Wholesale Growth Fund 0.13% 0.13%