General information
phone 04 494 2200
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phone 0800 400 499
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Institutional investors
phone 0800 400 499
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AMP Capital NZ Short Duration Fund

How the Fund works

The New Zealand Short Duration Fund aims to provide a consistently good income using a combination of interest rate and investment grade credit strategies. It targets a shorter average duration (and maturity) than traditional fixed income funds, and its risk/return profile should place it between a cash portfolio and a standard fixed income portfolio.

How does the Fund meet your needs?

Income generation

Income generation

The goal of the fund is to generate a return for you by investing in a variety of fixed interest securities that produce an attractive and consistent income stream.

Reduced market sensitivity

Reduced market sensitivity

The combination of the short duration benchmark and the use of fixed interest risk management tools mean the fund’s capital value is not as sensitive to changes in market interest rates as traditional longer term fixed income portfolios. This means the performance of the fund will be less volatile as interest rates change.

Risk management

Risk management

The fund specifically targets credit risk and interest rate risk as a source of return. By investing in different fixed interest strategies, you are able to spread portfolio risk and improve your return.

Fund facts as at 30 June 2017

Code AIF Y
Type of fund Managed fund. This fund is a Portfolio Investment Entity (PIE).
Performance objective The objective of the NZ Short Duration Fund is to provide a Gross Return of 1% above the return of the Bloomberg NZBond Swaps 1–3 Yr Index on a rolling three year basis.
Investment approach The NZ Short Duration Fund aims to give investors exposure to fixed interest securities, including corporate bank, local authority and SOE bonds, mortgage and asset-backed securities, infrastructure debt, government bonds, credit default swaps, interest rate swaps, cash and cash-like securities.
Net fund size $426.4 million
Establishment date  29 June 2007
Minimum suggested timeframe Medium term (minimum three years)
Distribution frequency Six monthly (March and September)
Benchmark Bloomberg NZBond Swaps 1–3 Yr Index
Platform access

Direct with AMP Capital, Aegis, FNZ.

Risk indicators

Risk profile

How to invest

Read the Product Disclosure Statement.
Follow the set of instructions based on your client type.

Individual investors

Contact your financial adviser about investing in AMP Capital funds. Advisers can access our products through a number of platforms and wrap services.

Or, you can invest with us direct online:

Invest Online

Advisers

To find out more, read the application process document, contact a business development manager or call us on 0800 400 499

 

Institutional investors

To invest, call us on 0800 400 499 or contact a relationship manager.

Product Disclosure Statements (PDSs) dated 4 August 2017 for the offer of the AMP Capital Investment Funds have been lodged with the Registrar of Financial Service Providers. The Cash and Fixed Interest Funds PDS can be obtained from our website and from the Disclose website www.business.govt.nz/disclose. Nothing on this page is financial advice for the purposes of the Financial Advisers Act 2008 and any associated regulations. You can seek advice from a financial advisor to help you make an investment decision. The Manager and the Issuer of the Fund is AMP Investment Management (NZ) Limited, Ground Floor, 113 - 119 The Terrace, Wellington.