The Fund is managed by the Nikko AM NZ fixed income team. It is designed to provide regular income from an actively managed investment portfolio while protecting the capital value of investors’ funds
To construct a portfolio of authorised investments that outperform the OCR +3% p.a. over a rolling three year period before fees and taxes
RBNZ Official Cash Rate +3.00% p.a
The defined distribution rate for 2023 is 5.5% p.a. This income will be distributed in four equal amounts in March, June, September and December. The 2023 rate is based on the price as at 1 Jan 2023.
For an estimate of the quarterly distribution for your investment click here.