Nikko AM Growth EF - Managed Fund (Closed)

Fund Objective

The Fund aims to provide strong capital growth over the long term, with total returns (before fees, taxes and expenses) above the Fund's benchmark* over rolling five-year periods.

Fund Strategy

The Fund is a managed investment scheme that invests, directly or indirectly, in a diversified portfolio of assets including Australian and international shares, Australian and international fixed interest, property securities and cash. It is designed for investors looking for long-term capital growth from a diversified portfolio of growth assets.

Fund Performance Comparison

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Peers

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The performance of the peers is calculated as the total of the performance for each time period for all the funds in the peer group, divided by the number of funds in the peer group.

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Fees Comparison

% p.a.

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NOTE: Fee data has been provided by Morningstar, it may not include all costs being charged on your investment such as platform and adviser fees. You should check your fund manager or adviser statements to find out the exact fees you are being charged. Peers are funds that use the same benchmark in the Morningstar database.

Fund performance

	1M	3M	6M	1Y p.a.	2Y p.a.	3Y p.a.	5Y p.a.	10Y p.a.
Total return	2.4%	5.55%	14.39%	6.89%	10.46%	9.3%	8.38%	8.73%
Growth return	2.4%	-1.94%	6.28%	-0.99%	1.64%	2.78%	0.86%	0.77%
Income return	0%	7.49%	8.11%	7.88%	8.82%	6.52%	7.52%	7.96%
Market index (Morningstar AUS Growth Tgt Alloc NR AUD)
Total return	-0.43%	1.58%	7.38%	20.91%	12.04%	5.34%	6.61%	7.49%

As at 31 Jul 2019. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Nikko AM Growth EF

Australian Equities: 25.91%

International Equities: 56.49%

Cash: 1.77%

Fixed Interest: 15.81%

Alternatives: 0.02%

Property: 0%

Average Allocation of Peers

Australian Equities: 27.52%

International Equities: 34.02%

Cash: 5.63%

Fixed Interest: 21.64%

Alternatives: 4.40%

Property: 6.78%

General Information

Fund Details

Type	Description
Fund Name	Nikko AM Growth EF
Fund Status	Closed
Responsible Entity	Nikko Asset Management Australia Limited
APIR Code	SUN0020AU
Sector/Asset Class	Multisector Growth
Morningstar Rating	(as at 31 Jul 2019)
Legal Structure	Investment Fund
Fund Inception	26 Feb 1996
Fund Size	$17.87 million (as at 31 Oct 2013)
Entry Price	$1.3612 (as at 31 Jul 2019)
Exit Price	$1.3558 (as at 31 Jul 2019)
Fund Status	Finalised

Offer information

Type	Description
Standard entry fee	3%
MER	2% (as at 30 Jun 2006)
Indirect Cost Ratio (ICR)	2% (as at 30 Jun 2018)
Minimum initial investment	$250.00
Minimum redemption amount	$1,000.00

Top 10 holdings (as at 31 Oct 2024)

Holding (as at 31 Oct 2024)	Type	% of Portfolio
Nikko AM Global Equity Unhedged	Mutual Fund - Open End	24.95%
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FAQs about the Nikko AM Growth EF

What is the objective of the Nikko AM Growth EF managed fund?

The objective of the Nikko AM Growth EF managed fund is The Fund aims to provide strong capital growth over the long term, with total returns (before fees, taxes and expenses) above the Fund's benchmark* over rolling five-year periods.

What is the strategy for the Nikko AM Growth EF managed fund?

The strategy of the Nikko AM Growth EF managed fund is The Fund is a managed investment scheme that invests, directly or indirectly, in a diversified portfolio of assets including Australian and international shares, Australian and international fixed interest, property securities and cash. It is designed for investors looking for long-term capital growth from a diversified portfolio of growth assets.

What is the APIR code of the Nikko AM Growth EF managed fund?

The APIR code of the Nikko AM Growth EF managed fund is SUN0020AU.

What was Nikko AM Growth EF’s total return last month?

Nikko AM Growth EF’s total return last month was 2.4%. This was made up of a growth return of 2.4% and an income return of 0%. These returns were calculated as at 31 Jul 2019.

What was Nikko AM Growth EF’s total return for the last three months?

Nikko AM Growth EF’s total return for the last three months was 5.55%. This was made up of a growth return of -1.94% and an income return of 7.49%%. These returns were calculated as at 31 Jul 2019.

What is Nikko AM Growth EF’s one-year total return?

Nikko AM Growth EF’s one-year total return is 6.89%. This was made up of a growth return of -0.99% and an income return of 7.88%. These returns were calculated as at 31 Jul 2019.

What is Nikko AM Growth EF’s three-year total return?

Nikko AM Growth EF’s one-year total return is 9.3%. This was made up of a growth return of 2.78% and an income return of 6.52%. These returns were calculated as at 31 Jul 2019.

What is the asset allocation of the Nikko AM Growth EF managed fund?

The asset allocation of the Nikko AM Growth EF managed fund is :

Australian Equities: 25.91%

International Equities: 56.49%

Cash: 1.77%

Fixed Interest: 15.81%

Alternatives: 0.02%

Property: 0%

Who is the responsible Entity of the Nikko AM Growth EF managed fund?

The Responsible Entity for the Nikko AM Growth EF managed fund is Nikko Asset Management Australia Limited.

What sector/asset class does the Nikko AM Growth EF managed fund belong to?

The Nikko AM Growth EF managed fund belongs to the Multisector Growth sector/asset class.

What is the size of the Nikko AM Growth EF managed fund?

As at 31 Oct 2013, the size of the Nikko AM Growth EF managed fund was $17.87 million.

What is the inception date of the Nikko AM Growth EF managed fund?

The Nikko AM Growth EF managed fund has an inception date of 26 Feb 1996.

What is the current entry price of the Nikko AM Growth EF managed fund?

The current entry price of the Nikko AM Growth EF managed fund is $1.3612 per unit and the current exit price is $1.3558 per unit (as at 31 Jul 2019).

What is the current exit price of the Nikko AM Growth EF managed fund?

The current exit price of the Nikko AM Growth EF managed fund is $1.3558 per unit and the current entry price is $1.3612 per unit (as at 31 Jul 2019).

What is the minimum investment amount for the Nikko AM Growth EF managed fund?

The minimum initial investment amount for the Nikko AM Growth EF managed fund is $250.

Fund data sourced from Morningstar. Some material is copyright and published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO"). Data and content is provided for personal use only. Whilst every care has been taken in producing these numbers, neither Morningstar nor InvestSMART can make any guarantees around the complete accuracy of these figures. Should you decide to change investments, please read all relevant disclosure documents including the Product Disclosure Statements and if required, you may consider speaking to a financial professional for further guidance. A tax event may be realised as a result of switching investments. Past performance is not a reliable indicator of future performance.

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