The Fixed Interest Fund aims to provide a low to medium risk income producing investment over the medium term by investing in a diversified portfolio of fixed interest investments. New Zealand and international fixed interest securities which generally have a maturity date of less than five years, and hedged to the New Zealand dollar, with a small allocation of cash (less than five per cent) for operational liquidity.
The performance objective of the Fixed Interest Fund is to achieve a gross return before tax, fees and expenses at least equal to the JP Morgan Government Global Hedged Bond Index. For further information on understanding the asset classes, please click here.
Recommended minimum investment timeframe: 3 years
Target asset allocation
- For information on the investment approach of the Fund, click here.