Forsyth Barr Premium Yield Fund
Some information about this Fund is set out below.
The Product Disclosure Statement includes detailed information about this Fund and the Forsyth Barr Investment Funds scheme.
For more detailed information about the investment policies and objectives for the Fund, please view the SIPO.
For the most recent information about this Fund, read the latest Fund Update.
Information as at 24 September 2018
Fund objective and strategy
The fund aims to achieve positive long-term returns by investing in selected New Zealand and international fixed interest assets, subject to the risks associated with investments in fixed interest markets.
We may invest directly into these assets, or into other managed investment schemes that do so. Typically, the fund is close to fully invested in New Zealand fixed interest assets.
These kinds of investments will typically have low levels of movement up and down in value. They can be suitable for someone who wants to achieve slightly higher returns than those expected from investing solely in cash, but with the possibility of some variation in returns.
The risk indicator is rated from 1 (low) to 7 (high). The rating reflects how much the value of the relevant fund’s assets goes up and down (volatility). A higher risk generally means higher potential returns over time, but more ups and down along the way. See section 4 of the PDS ‘What are the risks of investing?’ for more information.
Target investment mix
We aim to invest in...
Cash and cash equivalents 5%
New Zealand fixed interest 90%
International fixed interest 5%
Australasian equities 0%
International equities 0%
Listed property 0%
Minimum suggested investment timeframe
Investors should regard this as a medium to long-term investment of at least three years.
There is no benchmark for the Fund.
The Fund will be priced in New Zealand dollars. All applications and redemptions will be in New Zealand dollars. Foreign currency exposures will generally be hedged back into New Zealand dollars.
Daily. Your Investment Adviser can provide you with details of the latest unit price for the Fund.