Fact SheetFact Sheet

Philosophy

A high conviction, fundamental investment process that aims to deliver attractive and repeatable risk adjusted returns. Our research is expected to be insightful and to generate a high level of conviction in the portfolios we construct.

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. The research delivers insights into the sustainability, competitive advantages and likely catalysts that must be monitored.

The targeted number of stocks is 35, in certain circumstances the Fund is likely to hold +/- 5 stocks relative to the benchmark. The Fund can hold up to 20% in Australian listed securities.

Purpose

The Nikko AM Wholesale Core Equity Fund is designed to provide investors with an exposure to New Zealand and Australian equity markets from an actively managed investment portfolio with potential for growth of income and capital.

Objective

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

Benchmark

S&P/NZX 50 Index Gross with Imputation Credits

Distributions

March, June, September, December