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  5. Nikko AM Imputation EF - Managed fund profile

Nikko AM Imputation EF - Managed Fund (Closed)

Fund Objective
The Fund aims to provide a tax-effective income stream that exceeds the dividend yield of the S&P/ASX 200 Accumulation Index (grossed up for franking credits) by 2% p.a. over rolling five-year periods, before fees, taxes and expenses, plus the potential for capital growth over the long term.
Fund Strategy
The Fund is a managed investment scheme that invests, directly or indirectly, in a selection of shares issued by the largest 200 companies listed on the Australian Securities Exchange. The underlying managers select stocks using an active, bottom-up, stock picking process.

Fund Performance Comparison

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Fees Comparison

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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.
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Fund performance

  1M 3M 6M 1Y p.a. 2Y p.a. 3Y p.a. 5Y p.a. 10Y p.a.
Total return 0.96% 5.23% 3.67% -3.24% 3.59% 5.43% 6.35% 3.01%
Growth return 0.96% 3.92% 0.93% -9.8% -2.73% 0.34% 1.35% -4.07%
Income return 0% 1.31% 2.74% 6.56% 6.32% 5.09% 5% 7.08%
Market index (S&P/ASX 200 TR AUD)
Total return -1.31% 2.1% 8.44% 24.89% 13.39% 8.01% 8.17% 8.32%
As at 30 Apr 2016. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

Nikko AM Imputation EF
Australian Equities
98.91%
Cash
1.09%
International Equities
0%
Property
0%
Fixed Interest
0%
Alternatives
0%
Average Allocation of Peers
Australian Equities
93.29%
Cash
-0.11%
International Equities
4.30%
Property
2.11%
Fixed Interest
0.40%
Alternatives
0.01%

General Information

Fund Details
Type Description
Nikko AM Imputation EF
Closed
Nikko Asset Management Australia Limited
SUN0098AU
Equity Australia Large Blend
starstarstar (as at 30 Apr 2016)
Investment Fund
14 Apr 2003
$1.7 million (as at 31 Oct 2013)
$1.2151 (as at 16 May 2016)
$1.2078 (as at 16 May 2016)
Finalised
Offer information
Type Description
Standard entry fee 3%
Indirect Cost Ratio (ICR) 1.95% (as at 30 Jun 2015)
Minimum initial investment $2,000.00
Minimum additional investments $1,000.00
Minimum redemption amount $1,000.00

FAQs about the Nikko AM Imputation EF

The objective of the Nikko AM Imputation EF managed fund is The Fund aims to provide a tax-effective income stream that exceeds the dividend yield of the S&P/ASX 200 Accumulation Index (grossed up for franking credits) by 2% p.a. over rolling five-year periods, before fees, taxes and expenses, plus the potential for capital growth over the long term.

The strategy of the Nikko AM Imputation EF managed fund is The Fund is a managed investment scheme that invests, directly or indirectly, in a selection of shares issued by the largest 200 companies listed on the Australian Securities Exchange. The underlying managers select stocks using an active, bottom-up, stock picking process.

The APIR code of the Nikko AM Imputation EF managed fund is SUN0098AU.

Nikko AM Imputation EF’s total return last month was 0.96%. This was made up of a growth return of 0.96% and an income return of 0%. These returns were calculated as at 30 Apr 2016.

Nikko AM Imputation EF’s total return for the last three months was 5.23%. This was made up of a growth return of 3.92% and an income return of 1.31%%. These returns were calculated as at 30 Apr 2016.

Nikko AM Imputation EF’s one-year total return is -3.24%. This was made up of a growth return of -9.8% and an income return of 6.56%. These returns were calculated as at 30 Apr 2016.

Nikko AM Imputation EF’s one-year total return is 5.43%. This was made up of a growth return of 0.34% and an income return of 5.09%. These returns were calculated as at 30 Apr 2016.

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

Australian Equities
98.91%
Cash
1.09%
International Equities
0%
Property
0%
Fixed Interest
0%
Alternatives
0%

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

The Nikko AM Imputation EF managed fund belongs to the Equity Australia Large Blend sector/asset class.

As at 31 Oct 2013, the size of the Nikko AM Imputation EF managed fund was $1.7 million.

The Nikko AM Imputation EF managed fund has an inception date of 14 Apr 2003.

The current entry price of the Nikko AM Imputation EF managed fund is $1.2151 per unit and the current exit price is $1.2078 per unit (as at 16 May 2016).

The current exit price of the Nikko AM Imputation EF managed fund is $1.2078 per unit and the current entry price is $1.2151 per unit (as at 16 May 2016).

The minimum initial investment amount for the Nikko AM Imputation EF managed fund is $2,000. Minimum additional investment is $1000.

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.