Corporate Bond Fund
Single-sector income fund
The fund aims to provide an enhancement to medium term bank term deposit returns over any 3-year period.
Generally, there will be some movements up and down in the value of the fund.
The fund invests entirely in good quality fixed interest securities issued by New Zealand and global companies.
Any global investments are hedged back to New Zealand dollars.
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This is rated from 1 (low) to 7 (high). The rating reflects how much the value of the fund’s assets goes up and down – the 'volatility'.
A higher risk generally means higher potential returns over time, but more ups and downs along the way.