Philosophy

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

Objective

To construct a portfolio of authorised investments that outperform the OCR +3% p.a. over a rolling three year period before fees and taxes

Benchmark

RBNZ Official Cash Rate +3.00% p.a

Distributions

The defined income rate for 2020 is 3.0% p.a. This income will be distributed in four equal amounts in March, June, September and December. The 2020 rate is based on the price as at 1 July 2020.

For an estimate of the quarterly distribution for your investment click here.

Further Information on Nikko AM Income Fund

For more information about this fund please visit here.

To use the calculator to help find out your defined distribution or to invest directly into the fund visit here.