Strategies /
Five-Year Div. Fixed Interest Trust NZD Class
| Inception Date | APIR Code |
| February 17, 2004 | DFA0001AU |
Within the risk constraints of investing in eligible short to medium term, high credit quality eligible instruments, the objective of Five-Year Diversified Fixed Interest Trust ‡ is to maximise the total return (comprising income and capital appreciation) of a broadly diversified portfolio of domestic and global fixed interest and money market securities. The Trust is designed to provide liquidity and dampen overall portfolio volatility.
The Trust invests in high credit quality domestic and global fixed interest securities, with a maximum maturity of 5 years. Two classes of units are offered to all investors, AUD class units, denominated in Australian dollars and NZD class units, denominated in New Zealand dollars. Foreign currency exposure is hedged back to the Australian dollar (AUD class units) or the New Zealand dollar (NZD class units). The Trust uses a variable maturity approach which involves no interest rate forecasting. This approach seeks to identify the countries and maturity ranges with the highest expected returns and generally increases country allocation or extends maturities when the expected returns are significantly higher for a country or for longer term securities.
The Trust invests in a broad range of securities denominated in currencies from various countries including Australia, Canada, Denmark, Europe (Euro), Japan, New Zealand, Sweden, Switzerland, the UK and the US.
The Trust invests in high credit quality domestic and global fixed interest securities, with a maximum maturity of 5 years. Two classes of units are offered to all investors, AUD class units, denominated in Australian dollars and NZD class units, denominated in New Zealand dollars. Foreign currency exposure is hedged back to the Australian dollar (AUD class units) or the New Zealand dollar (NZD class units). The Trust uses a variable maturity approach which involves no interest rate forecasting. This approach seeks to identify the countries and maturity ranges with the highest expected returns and generally increases country allocation or extends maturities when the expected returns are significantly higher for a country or for longer term securities.
The Trust invests in a broad range of securities denominated in currencies from various countries including Australia, Canada, Denmark, Europe (Euro), Japan, New Zealand, Sweden, Switzerland, the UK and the US.
Prices
| Updated Daily | ||||
|---|---|---|---|---|
| Date | Closing Price | NAV Change $ | NAV Change % | |
| May 21, 2012 | $10.79 | $0.00 | 0.00% | |
Performance
| Updated Daily | ||||
|---|---|---|---|---|
| Total Returns | Year-to-Date | |||
| May 21, 2012 | 3.05% | |||
| Updated Monthly | ||||
|---|---|---|---|---|
| Total Returns | One Month | Three Month | Year-to-Date | |
| April 30, 2012 | 0.56% | 1.51% | 2.66% | |
| Updated Monthly | ||||
|---|---|---|---|---|
| Average Annual Total Returns | One Year | Five Years | Ten Years | Since Inception |
| April 30, 2012 | 7.42% | 7.54% | -- | 7.22% |
| Updated Quarterly | ||||
|---|---|---|---|---|
| Average Annual Total Returns | One Year | Five Years | Ten Years | Since Inception |
| As of March 31, 2012 | 8.25% | 7.55% | -- | 7.22% |
Distributions
| Last 12 Months | |||||
|---|---|---|---|---|---|
| Type | Amount per Share | Record Date | Ex-dividend Date | Payable Date | Ex-dividend Price |
| Dividend | $0.1388 NZD | 12/31/2011 | 01/03/2012 | 01/03/2012 | $10.47 NZD |
| Dividend | $0.4666 NZD | 06/30/2011 | 07/01/2011 | 07/01/2011 | $10.28 NZD |
Sector Allocations
‡ Five Year Diversified Fixed Interest Trust NZD class and Global Core Equity Trust NZD Hedged Class in New Zealand dollars. All other prices are in Australian dollars
Trust Net Asset Value Prices are cum-distribution.
Performance data reported by DFA Australia Limited represents past performance and is not indicative of future performance. The investment return and principal value will fluctuate so that an investor's units, when redeemed, may be worth more or less than their original cost. Further, there can be no assurance that any of the Trusts will achieve its investment objective.
Performance data reported by DFA Australia Limited represents past performance and is not indicative of future performance. The investment return and principal value will fluctuate so that an investor's units, when redeemed, may be worth more or less than their original cost. Further, there can be no assurance that any of the Trusts will achieve its investment objective.