The Nikko AM Australian Share Wholesale Fund is a relatively concentrated Australian share fund, typically investing in 20-35 stocks, designed to provide capital growth and income over the longer term.

Investment Objective

The Fund aims to outperform the S&P/ASX 200 Accumulation Index by more than 2.5% p.a. over rolling five-year periods, before fees, expenses and tax.

Proven and disciplined investment process

The Fund is managed using an intrinsic value style that seeks to identify good value stocks that offer the best compromise between risk and expected return.

Long-term performance track record

The Fund has a 17-year track record in performance and is managed using Nikko AM Australia's Comparative Value Analysis (CVA) approach which has been in operation for over 20 years.

Managed by a large, experienced & stable investment team

The 11-member Australian equities team has an average of 17 years' industry experience and has been working together as a team for an average of 10 years.

Diversification benefits

The Fund's intrinsic value style provides good diversification benefits when blended with other styles.

Team stability

The majority of the Australian equities team has direct equity ownership in a 50:50 joint venture company alongside Nikko AM Limited, which helps to maintain team stability and allows investment professionals to share in the team's business success and growth.

Fund characteristics

  • High conviction portfolio
  • Portfolio typically invests in 20-35 stocks
  • Stock selection is based on a ranking of expected return (i.e. Internal Rate of Return) over a three-year period
  • Typically has a lower P/E than the market
  • Traditionally has a mid-large cap bias
Portfolio Managers Brad Potter & Jason Kim
Inception Date March 1995
Benchmark S&P/ASX 200 Accumulation Index
Management Cost 0.80% p.a.
Minimum initial investment* $20,000
Minimum additional investment* $1,000
Distribution frequency^ Half yearly following 30 June and 31 December

* Nikko Asset Management Australia Limited ABN 34 002 542 038 AFSL 229664 (Nikko AM Australia), is the Responsible Entity and issuer of units in the Fund and may accept lower amounts at any time at its discretion.
^ Fund returns can be volatile. Nikko AM Austalia does not guarantee to provide distributions, or the amount of distributions.
+ The Fund was renamed Nikko AM Australian Share Wholesale Fund on 1 February 2017. The Fund was previously known as Nikko AM–Tyndall Australian Share Wholesale Fund.

Fund total return figures are calculated using redemption prices, net of fees, assume the reinvestment of distributions and do not take into account taxation.

Source: BNP Paribas.
Inception Date: March 1995
* Comprises S&P/ASX 200 Accumulation Index from April 2000 and ASX All Ordinaries Accumulation Index for all prior dates.
The value of an investment can rise and fall and past performance is not indicative of future performance. Investment in a fund is not guaranteed. The value of investments will fluctuate up and down with the assets of the fund.

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Brad Potter

Brad Potter,
Head of Australian Equities

Tim Johnston

Tim Johnston,
Deputy Head of Australian Equities

Jason Kim

Jason Kim,
Portfolio Manager & Senior Analyst

Malcolm Whitten

Malcolm Whitten,
Portfolio Manager & Senior Analyst

Michael Maughan

Michael Maughan,
Portfolio Manager & Senior Analyst

Craig Young

Craig Young,
Senior Research Analyst

James Nguyen

James Nguyen,
Senior Research Analyst

Stefan Hansen

Stefan Hansen,
Senior Research Analyst

Michael Ward

Michael Ward,
Senior Research Analyst

Vincent Li

Vincent Li,
Research Associate

David Thoms

David Thoms,
Equity Dealer

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Research House Disclaimers
The Lonsec Rating (assigned October 16) presented in this document is published by Lonsec Research Pty Ltd ABN 11 151 658 561 AFSL 421445. The Rating is a “class service” (as defined in the Financial Advisers Act 2008 (NZ)) or is limited to “General Advice” (as defined in the Corporations Act 2001 (Cth)) and based solely on consideration of the investment merits of the financial product(s). In New Zealand it must only be provided to “wholesale clients” (as defined in the Financial Advisers Act 2008 (NZ)). Past performance information is for illustrative purposes only and is not indicative of future performance. It is not a recommendation to purchase, sell or hold Nikko AM Limited product(s), and you should seek independent financial advice before investing in this product(s). The Rating is subject to change without notice and Lonsec assumes no obligation to update the relevant document(s) following publication. Lonsec receives a fee from the Fund Manager for researching the product(s) using comprehensive and objective criteria. For further information regarding Lonsec’s Ratings methodology, please refer to our website at: http://www.beyond.lonsec.com.au/intelligence/lonsec-ratings

Date CPU Taxable Components
2016 December 5.046900 Fund Notice
June 3.867200 Fund Notice

The distribution amount will vary between distribution periods and is not guaranteed.

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Quarterly update - Q4 2016

Jason Kim, Portfolio Manager & Senior Analyst
Watch and discover our portfolio managers’ insights on Q4 2016 performance and portfolio positioning.





Australian Equity - Thought Leaders Series, Part 2

Watch Jason Kim, Portfolio Manager & Senior Analyst discuss the role of emotions in investing and strategies for investors to consider during low return markets.

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