Top 10 Funds available on InvestNow – August 2017
Returns are after fees but before tax (unless otherwise specified) for the month ending 31 August 2017. Past performance is not indicative of future results.
Performance summary – all funds
| Fund | Sector | Month to August 31 | Year to June 30 | 5 year average return |
| Russell Emerging Markets Fund Class B | International Equities | 7.28% | 21.84% | 7.36% |
| Russell Investments Global Shares Fund | International Equities | 5.40% | 17.15% | - |
| Russell Global Opportunities Fund Class B | International Equities | 5.40% | 17.30% | 13.17% |
| Vanguard International Shares Select Exclusions Index Fund | International Equities | 4.83% | - | - |
| T. Rowe Price Global Equity Growth Fund | International Equities | 4.70% | 18.93% | - |
| OneAnswer International Share Fund | International Equities | 4.59% | 17.96% | 16.04% |
| Harbour Australasian Equity Focus Fund – Retail | Australasian Equities | 4.19% | 16.53% | - |
| Harbour Australasian Equity Fund | Australasian Equities | 4.07% | 15.36% | 19.73% |
| Nikko AM Core Equity Fund | Australasian Equities | 4.04% | 10.94% | 18.72% |
| Smartshares Total World Fund (TWF) | International Equities | 3.82% | 15.48% | - |
| Morphic Global Opportunities Fund | International Equities | 3.77% | 13.31% | 17.50% |
| Smartshares US 500 Fund (USF) | International Equities | 3.66% | 14.49% | - |
| Fisher Funds International Growth Fund | International Equities | 3.60% | 18.24% | 9.79% |
| Smartshares Europe Fund (EUF) | International Equities | 3.53% | 19.62% | - |
| OneAnswer Australian Share Fund | Australasian Equities | 3.52% | 5.65% | 6.17% |
| Smartshares Australian Mid Cap Fund (MZY) | Australasian Equities | 3.46% | - | - |
| Fisher Funds Australian Growth Fund | Australasian Equities | 3.40% | 4.11% | 8.29% |
| Nikko AM Concentrated Equity Fund | Australasian Equities | 3.37% | 9.06% | 17.24% |
| Fisher Funds Global Fund | International Equities | 3.20% | 16.76% | 11.38% |
| Fisher Funds Property & Infrastructure Fund | Diversified | 2.70% | 12.42% | 13.82% |
| Devon Trans-Tasman Fund | Australasian Equities | 2.70% | 9.01% | 14.66% |
| OneAnswer New Zealand Share Fund | Australasian Equities | 2.33% | 8.93% | 17.47% |
| Mint Australia New Zealand Active Equity Trust | Australasian Equities | 1.73% | 10.16% | 19.41% |
| Salt Investment Funds NZ Dividend Appreciation Fund | Australasian Equities | 1.72% | 10.50% | - |
| Smartshares Australian Top 20 Fund (OZY) | Australasian Equities | 1.69% | - | - |
| Devon Alpha Fund | Australasian Equities | 1.50% | 3.27% | 14.21% |
| OneAnswer Balanced Fund | Diversified | 1.46% | 8.21% | 10.79% |
| Smartshares NZ Mid Cap Fund (MDZ) | Australasian Equities | 1.39% | - | - |
| Smartshares NZ Top 50 Fund (FNZ) | Australasian Equities | 1.38% | - | - |
| OneAnswer Equity Selection Fund | Australasian Equities | 1.36% | 5.03% | 13.27% |
| Fisher Funds Multi Sector Fund | Diversified | 1.30% | 6.88% | 8.68% |
| Fisher Funds Trans Tasman Equity Trust | Australasian Equities | 1.20% | 7.78% | 15.62% |
| Russell Investments NZ Shares Fund | Australasian Equities | 1.19% | 11.03% | - |
| Hunter Global Fixed Interest Fund** | International Fixed Interest | 1.19% | - | - |
| Harbour Australasian Equity Income Fund | Australasian Equities | 1.14% | 7.72% | 16.15% |
| Harbour NZ Equity Advanced Beta Fund | Australasian Equities | 1.10% | 12.25% | - |
| OneAnswer Property Securities Fund | Listed property | 1.03% | 0.60% | 13.44% |
| Mint Australia New Zealand Real Estate Investment Trust | Listed property | 0.98% | 0.77% | 12.11% |
| Fisher Funds BondPlus Fund | International Fixed Interest | 0.90% | 1.38% | 5.44% |
| Russell Investments Global Fixed Interest Fund | International Fixed Interest | 0.88% | 2.05% | 6.17% |
| Salt Investment Funds Enhanced Property Fund | Listed property | 0.87% | 3.44% | - |
| Russell Global Opportunities Fund $NZ Hedged Class B | International Equities | 0.80% | 22.34% | 14.76% |
| Russell Investments Hedged Global Shares Fund | International Equities | 0.78% | 22.22% | - |
| Mint Diversified Income Fund – Retail | Diversified | 0.77% | 2.41% | - |
| Harbour Income Fund | New Zealand Fixed Interest | 0.69% | 4.06% | - |
| Nikko AM NZ Corporate Bond Fund | New Zealand Fixed Interest | 0.67% | 2.68% | 5.39% |
| Nikko AM Income Fund | Diversified | 0.57% | 2.39% | 6.22% |
| Russell Investments NZ Fixed Interest Fund | New Zealand Fixed Interest | 0.53% | 1.37% | - |
| AMP Capital NZ Fixed Interest Fund* | New Zealand Fixed Interest | 0.52% | 1.02% | 4.19% |
| Harbour NZ Core Fixed Interest Fund | New Zealand Fixed Interest | 0.52% | 1.74% | 4.33% |
| Fisher Funds New Zealand Fixed Income Trust | New Zealand Fixed Interest | 0.50% | 0.13% | 3.51% |
| Harbour NZ Corporate Bond Fund | New Zealand Fixed Interest | 0.48% | 2.54% | 4.70% |
| Fisher Funds Income Fund | International Fixed Interest | 0.40% | 2.67% | 4.86% |
| Vanguard International Shares Select Exclusions Index Fund (Hedged) - NZD Class | International Equities | 0.21% | - | - |
| AMP Capital NZ Cash Fund* | Cash and Cash Equivalents | 0.21% | 2.26% | 3.09% |
| Nikko AM NZ Cash Fund | Cash and Cash Equivalents | 0.21% | 2.84% | - |
| Fishers Funds New Zealand Growth Fund | Australasian Equities | 0.20% | 11.63% | 17.06% |
| Fisher Funds CashPlus Fund | Cash and Cash Equivalents | 0.20% | 2.15% | 2.53% |
| AMP Cash Advantage Fund (Rabobank)* | Cash and Cash Equivalents | 0.08% | 1.40% | 2.83% |
Notes
All returns are after fees but before tax and denominated in NZD, except for AMP Capital and Hunter.
* AMP Capital returns are net of tax and fees.
** The Hunter Global Fixed Interest Fund return is gross of fees.
1-year and 5-year returns are displayed for comparison. For all NZ PIE funds, these figures are as at 30 June 2017, and are taken from Fund Updates provided to the Disclose Register (1-year and 5-year returns are not shown for funds which are less than 1 year and/or less than 5 years old).
Past performance is not indicative of future results.