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TOWER Investment Account - Fixed Income

22948
=
0.00
-
-
  • Previous Close

    0.00

  • Net Assets

    260.91k

  • Yield

    -

  • Front load

    0.00

  • Expenses

    -

  • Category

    Mortgages Non-PIE

  • Morningstar Risk

    -

  • Morningstar Rating -
Profile

Name of Issuer

Fisher Funds Management Limited

Fund Style

Open

Fund Manager

Investment Style

-

Invests 95.0% in the Tower Mortgage Plus and 5.0% in cash securities. Major investments include first mortgages over residential land and buildings, framing applications, and commercial/industrial applications. The Fund is diversified across different sectors including residential, commercial, and rural throughout NZ. The Mortgage Portfolio is managed by Tower Trust Mortgage Management Division and the cash component of the Mortgage Portfolio is managed by Tower Asset Management.

Purchase Information

Initial Purchase 10,000
Initial Purchase: IRA NA
Initial Purchase: AIP NA

Inception

15/06/1998

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