AMP offers four sustainably invested, low-cost managed funds on the InvestNow platform including a Single Sector Fund – the AMP International Shares Fund and three diversified funds – Aggressive, Growth and Balanced to suit a variety of risk profiles. “Putting sustainability at the core of our investment philosophy, we are committed to making sustainable investment decisions that deliver healthy fund performance, provide better value for money and help create a brighter future for generations to come.” – AMP
We’re proud to help Kiwi’s reach their financial goals and have been helping New Zealanders for over 160 years! With over $12 billion* assets under management you can be confident that your investment is in experienced hands.
With the help of BlackRock** (the largest investment manager in the world), we offer four sustainably invested, low-cost funds to suit your investment goals, risk appetite and timeframe.
AMP Wealth Management New Zealand Limited is the issuer and manager of the AMP Managed Funds. For more information about us, including the product disclosure statement, please visit amp.co.nz.
*As at 31 Dec 2024
**BlackRock® is a registered trademark of BlackRock, Inc. and its affiliates (“BlackRock”) and is used under license. BlackRock makes no representations or warranties regarding the advisability of investing in any product or the use of any service offered by AMP Wealth Management New Zealand Limited. BlackRock has no obligation or liability in connection with the operation, marketing, trading, or sale of any product or service offered by AMP Wealth Management New Zealand Limited.
AMP investment options
Below is the range of investment options from AMP that are available through the InvestNow platform. To see a full range of managed fund investment options available on InvestNow, please click here.
Using the table below:
To view more information about a fund and to view a Product Disclosure Statement, scroll to the right. To see a fund’s description on desktop, hover over the fund name. To see a fund’s description on mobile, click ‘read description’.
Fund
Description
Type
Manager
Sector
PDS Fee
QFU Fee
Buy/Sell Spread
Buy/Sell Transaction Fee
1 Month
3 Months
6 Months
1 Year
3 Years
5 Years
10 Years
Risk Indicator
Target Growth/Income Assets
Management Style
Fund Type
Net Assets
Inception Date
Distribution Frequency
Buy Timeframe
Sell Timeframe
Available in the InvestNow KiwiSaver Scheme?
Smart Investor
External Website
PDS
ACI Conservative Fund
The ACI Conservative Fund aims to achieve a rate of return (net of fees but before tax) of at least 1.75% per annum above inflation (as measured by Statistics New Zealand’s Consumer Price Index) over the longer term. The Fund’s objective is to provide relatively consistent returns, with some capital growth over the long term. Exposure to asset classes is achieved by primarily investing in DFA Australia Limited (Dimensional) funds, utilising their Sustainability Trusts where available. The allocations include a bias towards international diversification. Dimensional funds have an increased exposure to shares in small companies, value companies and companies with higher profitability with the objective of benefitting from a premium return from these companies over time. Such premiums are not always present year on year, which can drive shorter term differences in returns.
Managed Funds
Stewart Group
Diversified
1.20%
1.50%
0.20% / 0.20%
0% / 0%
-0.06%
0.97%
4.52%
6.71%
–
–
–
4
33% / 67%
Active
PIE
$3.90M
06/04/2023
–
2 Days
2 Days
No
ACI Growth Fund
The ACI Growth Fund aims to achieve a rate of return (net of fees but before tax) of at least 4.5% per annum above inflation (as measured by Statistics New Zealand’s Consumer Price Index) over the longer term. The Fund invests predominantly in growth assets such as New Zealand, Australian, international shares and property but includes some income assets. The allocations include a bias towards international diversification, and exposure to these asset classes is achieved by primarily investing in DFA Australia Limited (Dimensional) Funds, utilising their Sustainability Trusts where available. Dimensional funds have an increased exposure to shares in small companies, value companies and companies with higher profitability with the objective of benefitting from a premium return from these companies over time. Such premiums are not always present year on year, which can drive shorter term differences in returns.
Managed Funds
Stewart Group
Diversified
1.30%
1.61%
0.20% / 0.20%
0% / 0%
0.71%
2.79%
11.68%
14.18%
–
–
–
4
90% / 10%
Active
PIE
$6.70M
06/04/2023
–
2 Days
2 Days
No
AMP Aggressive Managed Fund
To provide a well-diversified portfolio that aims to provide growth, primarily through holding growth assets. The fund has a low allocation to income assets.
Managed Funds
AMP
Diversified
0.80%
0.80%
0% / 0%
0% / 0%
0.81%
2.91%
11.09%
14.14%
–
–
–
4
94.68% / 5.32%
Active
PIE
$11.10M
21/10/2024
–
2 Days
2 Days
No
AMP Balanced Managed Fund
To provide a well-diversified portfolio that has a balance of risk through holding growth assets and an allocation to lower-risk income assets.
Managed Funds
AMP
Diversified
0.80%
0.81%
0% / 0%
0% / 0%
0.44%
1.89%
7.72%
10.42%
12.14%
–
–
4
57.8% / 42.2%
Active
PIE
$42.44M
18/05/2022
–
2 Days
2 Days
No
AMP Growth Managed Fund
To provide a well-diversified portfolio that aims to provide growth, primarily through holding growth assets diversified with a lower allocation to lower-risk income assets.
Managed Funds
AMP
Diversified
0.80%
0.81%
0% / 0%
0% / 0%
0.67%
2.59%
9.82%
12.53%
14.62%
–
–
4
78% / 22%
Active
PIE
$43.19M
18/05/2022
–
2 Days
2 Days
No
AMP International Shares Managed Fund
To provide a well-diversified portfolio that has exposure to diversified international equities of companies listed on stock exchanges.
Managed Funds
AMP
International Equities
0.79%
0.78%
0% / 0%
0% / 0%
0.71%
3.60%
12.69%
16.52%
–
–
–
5
100% / 0%
Active
PIE
$10.20M
21/10/2024
–
2 Days
2 Days
No
Antipodes Global Value Fund – PIE
The aim of the Fund is to achieve absolute returns in excess of the MSCI All Country World Net Index in NZD (the Index) over the investment cycle (typically 3-5 years).
The Fund invests in the Antipodes Global Fund – Long – UCITS, S Class (Underlying Fund) and cash or cash equivalent securities. The Underlying Fund’s investment exposure is predominantly to a broad range of international shares listed on stock exchanges in developed and emerging markets.
The Underlying Fund may use exchange traded derivatives for risk management purposes and to achieve equity exposure.
Managed Funds & KiwiSaver
Antipodes
International Equities
0.95%
1.08%
0.075% / 0.075%
0% / 0%
1.28%
8.36%
23.14%
33.46%
24.02%
15.92%
–
4
100% / 0%
Active
PIE
$122.61M
25/07/2018
–
3 Days
4 Days
Yes
ANZ Investments OneAnswer Australian Share Fund
The Australian Share Fund invests mainly in Australian equities. Investments may include equities in companies that are listed or are soon to be listed on the Australian stock exchange, and cash and cash equivalents.
Managed Funds
ANZ
Australasian Equities
1.11%
1.09%
0% / 0%
0% / 0%
3.15%
−1.05%
6.92%
11.31%
8.33%
9.45%
5.35%
5
100% / 0%
Active
PIE
$22.26M
29/02/1996
–
2 Days
2 Days
No
ANZ Investments OneAnswer Balanced Growth Fund
The Balanced Growth Fund invests mainly in growth assets (equities, listed property and listed infrastructure), with some exposure to income assets (cash and cash equivalents and fixed interest). The fund also has a small exposure to alternative assets.
Managed Funds
ANZ
Diversified
0.97%
0.98%
0% / 0%
0% / 0%
0.55%
1.75%
6.96%
9.79%
9.89%
5.14%
6.76%
4
63% / 37%
Active
PIE
$48.39M
15/04/2010
–
2 Days
2 Days
No
ANZ Investments OneAnswer International Share Fund
The International Share Fund invests mainly in international equities. Investments may include equities in companies that are listed or are soon to be listed on a stock exchange, and cash and cash equivalents.
Managed Funds
ANZ
International Equities
1.06%
1.00%
0% / 0%
0% / 0%
1.43%
4.26%
15.90%
15.95%
18.02%
11.60%
11.80%
5
100% / 0%
Active
PIE
$180.06M
12/05/1997
–
2 Days
2 Days
No
ANZ Investments OneAnswer New Zealand Share Fund
The New Zealand Share Fund invests mainly in New Zealand equities. Investments may include equities in companies that are listed or intend to list on the New Zealand stock exchange, and cash and cash equivalents.
Managed Funds
ANZ
Australasian Equities
1.10%
1.05%
0% / 0%
0% / 0%
0.83%
3.16%
8.44%
5.20%
6.24%
0.65%
7.92%
5
100% / 0%
Active
PIE
$54.05M
31/03/1991
–
2 Days
2 Days
No
ANZ Investments OneAnswer Property Securities Fund
The Property Securities Fund invests mainly in New Zealand and Australian listed property assets. Investments may include companies, funds or trusts that invest in property and are listed or intend to list, and cash and cash equivalents.
Managed Funds
ANZ
Listed Property
1.10%
1.06%
0% / 0%
0% / 0%
0.65%
−2.19%
11.07%
10.39%
4.30%
−1.90%
4.76%
5
100% / 0%
Active
PIE
$51.22M
30/11/1994
–
2 Days
2 Days
No
Bitcoin ETF PIE Fund
The Fund is designed to provide investors with exposure to Bitcoin within a PIE compliant fund. This is achieved by investing in one or more listed offshore domiciled funds which invest directly in Bitcoin (each an “Underlying Fund” and together the “Underlying Funds”). The Fund targets a return before fees and tax that broadly tracks the S&P Bitcoin Index in New Zealand dollars. This is a highly speculative investment. Bitcoin is a highly volatile asset. This means the Fund will not be appropriate for all investors.
Managed Funds
Raise
Other
0.95%
1.01%
0.05% / 0.05%
0% / 0%
−3.68%
−22.79%
−14.40%
−9.14%
77.95%
–
–
7
100% / 0%
Active
PIE
$33.65M
14/09/2021
–
2 Days
2 Days
No
Brandywine Global Opportunistic Fixed Income Fund
The Fund invests in a diversified portfolio of international fixed income securities, derivatives and cash. The investment objective of the Fund is to earn a return before fees and taxes in excess of the Bloomberg Global Aggregate Index – New Zealand dollar Hedged over rolling five-year periods.
Managed Funds
Franklin Templeton
International Fixed Interest
0.76%
0.77%
0.075% / 0.075%
0% / 0%
−0.38%
0.02%
0.98%
7%
2.94%
−0.53%
–
4
0% / 100%
Active
PIE
$300.25M
27/03/2018
Semi-annually
2 Days
3 Days
No
Castle Point 5 Oceans Fund
The 5 Oceans Fund is a diversified fund that provides exposure to a range of growth and defensive assets both globally and locally. The fund can invest both in direct securities and selected managed funds.
The objective of the fund is to generate a positive return above cash with a focus on protecting investors capital.
Managed Funds & KiwiSaver
Castle Point
Diversified
1.31%
1.18%
0.30% / 0.30%
0% / 0%
0.39%
1.65%
5.97%
10.12%
6.96%
4.95%
–
3
57.85% / 42.15%
Active
PIE
$79.22M
25/10/2016
Monthly
2 Days
2 Days
Yes
Castle Point Trans-Tasman Fund
The Trans-Tasman Fund invests in New Zealand and Australian Listed Companies and is benchmarked to the S&P/NZX 50 Index (incl Imputation Credits). The performance objective of the Fund is to outperform the benchmark over rolling three-year periods after all fees (and other expenses) but before tax.
While the Fund is expected to be fully invested into equities (max 25% in Australia), it can hold some cash or cash equivalents (0-10%).
Managed Funds & KiwiSaver
Castle Point
Australasian Equities
1.07%
1.08%
0.30% / 0.30%
0% / 0%
0.46%
0.44%
6.72%
3.25%
5.03%
−0.32%
–
5
98% / 2%
Active
PIE
$12.9M
20/11/2018
Quarterly
2 Days
2 Days
Yes
Devon Alpha Fund
The Fund aims to generate capital growth over the long term by actively investing in a concentrated portfolio of 10-15 New Zealand and Australian shares and holding cash when appropriate investment opportunities cannot be identified.
Managed Funds
Devon
Australasian Equities
1.85%
1.31%
0% / 0%
0% / 0%
0.18%
0.44%
3.58%
3.01%
8.20%
7.65%
7.59%
5
0%-100% / 0%-100%
Active
PIE
$160.58M
03/06/2010
Semi-annually
2 Days
2 Days
No
Devon Australian Fund
The Fund aims to generate capital growth over the long term by actively managing Australian equity investments. The Australian market offers exposure to a number of sectors that are not available in New Zealand.
Managed Funds
Devon
Australasian Equities
1.60%
1.32%
0% / 0%
0% / 0%
0.96%
−1.55%
8.69%
12.03%
12.86%
11.13%
8.24%
5
80%-100% / 0%-20%
Active
PIE
$10.88M
20/08/2010
Semi-annually
2 Days
2 Days
No
Devon Dividend Yield Fund
A select portfolio of New Zealand and Australian listed equity securities chosen for their attractive dividend yields, with some growth prospects to maintain the dividend yield and capital value in real terms.
Managed Funds
Devon
Australasian Equities
1.19%
1.06%
0% / 0%
0% / 0%
0.56%
3.34%
13.85%
20.35%
10.14%
8.35%
7.79%
5
90%-100% / 0%-10%
Active
PIE
$17.33M
20/12/2012
Quarterly
2 Days
2 Days
No
Devon Trans-Tasman Fund
The Fund aims to generate capital growth over the long term by actively investing in a portfolio of New Zealand and Australian shares. The Fund tends to be fully invested in shares but can hold cash.
Managed Funds
Devon
Australasian Equities
1.61%
1.32%
0% / 0%
0% / 0%
1.50%
3.10%
10.97%
10.61%
10.91%
8.68%
9.03%
5
50%-100% / 0%-50%
Active
PIE
$136.04M
30/09/1998
Semi-annually
2 Days
2 Days
No
Dexus Global REIT Fund
The Dexus Global REIT Fund is an income focused property securities fund that invests in a portfolio of Real Estate Investment Trusts (REITs) listed in North America, Europe and Asia Pacific.
Managed Funds
Dexus
Listed Property
0.98%
N/A
0.15% / 0.15%
0% / 0%
−0.67%
2.57%
13.21%
11.15%
11.95%
10.81%
–
N/A
98% / 2%
Active
AUT
$26.53M
01/04/2020
Monthly
3 Days
3 Days
No
Elevation Capital Global Shares Fund
The strategy of the Fund is to mainly invest in shares (equity securities). The manager's bottom-up, proprietary research may lead the Fund to investment opportunities in medium and smaller capitalisation shares in out-of-favour or overlooked industries and sectors. It may also lead us to invest in emerging market economies. The Fund has no geographic limitations on investment. The Fund invests “long” only and is indifferent to index compositions. “Long only” means the manager looks to buy what they believe to be well-priced securities – the manager does not look to take “short” positions in overvalued securities.
Managed Funds
Elevation
International Equities
1.80%
1.80%
0% / 0%
0% / 0%
0.93%
3.03%
14.31%
12.29%
12.94%
8.75%
8.43%
6
95% / 5%
Active
PIE
$24.74M
09/12/2008
Annually
6 Days (Month End)
6 Days (Month End)
No
Ellerston Global Mid Small Cap Fund
The Fund seeks to provide long term capital growth by investing in 20 – 40 securities with a global mid small cap bias. Securities within the portfolio are typically global leaders in their markets with stronger growth than most businesses.
The strategy is not to assemble a group of stocks that replicate any particular geography, theme or index; consequently, the portfolio will not replicate a benchmark and is likely to be different to what may constitute other Global equity products, making it suitable for inclusion within a diversified portfolio.
Managed Funds
Ellerston
International Equities
1.78%
N/A
0.25% / 0.25%
0% / 0%
1.79%
0.13%
12.66%
18.52%
17.74%
9.98%
–
N/A
80%-100% / 0%-20%
Active
AUT
$28.16M
01/03/2017
Semi-annually
3 Days
4 Days
No
Fisher Funds Australian Growth Fund
The Australian Growth Fund gives investors targeted access to a hand-picked portfolio of quality growing Australian businesses. These companies are often overlooked by investors as they are not familiar with them or there is limited research available.
Managed Funds
Fisher Funds
Australasian Equities
1.48%
0.87%
0% / 0%
0% / 0%
−1.95%
−6.99%
−6.12%
−7.13%
8.48%
5.35%
8.57%
5
100% / 0%
Active
PIE
$96M
15/06/2005
–
3 Days
3 Days
No
Fisher Funds BondPlus Fund
The BondPlus Fund invests in international fixed interest assets and seeks to provide moderate protection for your investment, while also generating modest returns over the long term. The Fund’s assets are managed by external managers, PIMCO and Wellington.
Managed Funds
Fisher Funds
International Fixed Interest
1.27%
1.26%
0% / 0%
0% / 0%
−0.25%
0.53%
1.32%
3.52%
3.77%
−0.88%
1.60%
3
0% / 100%
Active
PIE
$100.9M
01/11/1990
–
3 Days
3 Days
No
Fisher Funds CashPlus Fund
The CashPlus Fund aims to provide protection for your investment and a return that is better than 90-day bank bills by investing in New Zealand cash and New Zealand fixed interest assets.
Managed Funds
Fisher Funds
Cash and Cash Equivalents
0.84%
0.83%
0% / 0%
0% / 0%
0.13%
0.68%
1.65%
3.59%
4.68%
2.84%
2.36%
1
0% / 100%
Active
PIE
$12.77M
30/04/2008
–
3 Days
3 Days
No
Fisher Funds Conservative Fund
The Fisher Funds Conservative Fund is a diversified portfolio that aims to provide moderate protection for your investment, while also providing a modest level of return over the short to medium term. It invests in mainly income assets (target 72.5%) with a small amount in growth assets (target 27.5%).
Managed Funds & KiwiSaver
Fisher Funds
Diversified
1.36%
1.35%
0% / 0%
0% / 0%
−0.13%
0.26%
2.59%
4.40%
6.73%
2.31%
–
3
20% / 80%
Active
PIE
$119.96M
31/07/2018
–
3 Days
3 Days
Yes
Fisher Funds Global Fund
The Global Fund aims to achieve capital growth over the long term by investing in international shares only.
Managed Funds
Fisher Funds
International Equities
1.64%
1.64%
0% / 0%
0% / 0%
0.54%
3.10%
9.26%
9.69%
16.40%
9.28%
9.84%
5
100% / 0%
Active
PIE
$170.77M
29/11/1985
–
3 Days
3 Days
No
Fisher Funds Growth Fund
The Fisher Funds Growth Fund is a diversified portfolio that aims to grow your investment with more focus on capital growth over the long term. It invests in mainly growth assets.
Managed Funds & KiwiSaver
Fisher Funds
Diversified
1.41%
1.46%
0% / 0%
0% / 0%
−0.07%
0.51%
4.20%
4.39%
11.60%
5.39%
–
4
80% / 20%
Active
PIE
$352.32M
31/07/2018
–
3 Days
3 Days
Yes
Fisher Funds Income Fund
The Income Fund aims to preserve your capital while generating positive, better than bank returns. We do this by actively managing a hand-picked portfolio of cash and fixed interest securities from around the world.
Managed Funds
Fisher Funds
International Fixed Interest
0.99%
0.99%
0% / 0%
0% / 0%
0.33%
0.55%
2%
4.85%
7.19%
2.92%
3.51%
3
0% / 100%
Active
PIE
$43.37M
18/04/2011
–
3 Days
3 Days
No
Fisher Funds International Growth Fund
The International Growth Fund gives investors access to a portfolio of quality international companies through a single tax efficient investment. The global stage offers us access to a wider universe of investment opportunities and we have the flexibility to invest anywhere outside of New Zealand and Australia.
Managed Funds
Fisher Funds
International Equities
1.44%
1.31%
0% / 0%
0% / 0%
0.89%
1.97%
3.34%
−0.11%
15.20%
4.60%
9.45%
6
100% / 0%
Active
PIE
$92.8M
07/11/2007
–
3 Days
3 Days
No
Fisher Funds New Zealand Fixed Income Trust
The New Zealand Fixed Income Trust aims to provide protection for your investment, while also generating a stable level of return over the long term. It invests in New Zealand fixed interest assets only.
Managed Funds
Fisher Funds
New Zealand Fixed Interest
0.97%
0.97%
0% / 0%
0% / 0%
−0.14%
−0.23%
2.78%
4.75%
5.85%
0.51%
2.60%
3
0% / 100%
Active
PIE
$81.04M
20/07/2011
–
3 Days
3 Days
No
Fisher Funds New Zealand Growth Fund
The New Zealand Growth Fund is our flagship fund. It was established in 1998 and invests in a hand-picked portfolio of approximately 20 quality New Zealand growth companies at any one time.
Managed Funds
Fisher Funds
Australasian Equities
1.42%
1.42%
0% / 0%
0% / 0%
−0.39%
−1.26%
−1.42%
−5.81%
8.80%
0.27%
9.33%
5
100% / 0%
Active
PIE
$187.41M
10/08/1998
–
3 Days
3 Days
No
Fisher Funds Property & Infrastructure Fund
The Fund comprises a hand-picked portfolio of listed property and infrastructure assets from New Zealand and around the world. We think of this Fund as the ‘backbone’ Fund of our managed funds range because these assets are the backbone of economies and indeed it’s reasonable for this Fund to be the backbone of your portfolio as well.
Managed Funds
Fisher Funds
Listed Property
1.64%
1.53%
0% / 0%
0% / 0%
−0.77%
−0.92%
1.68%
5.88%
7.71%
5.61%
9.40%
5
100% / 0%
Active
PIE
$161.77M
05/12/2008
–
3 Days
3 Days
No
Fisher Funds Trans Tasman Equity Trust
The Trans Tasman Equity Trust aims to achieve capital growth over the long term by investing in a mix of New Zealand shares (target weighting 70%) and Australian shares (target weighting 30%).
Managed Funds
Fisher Funds
Australasian Equities
1.63%
1.63%
0% / 0%
0% / 0%
−1.16%
−4.35%
−4.06%
−6.86%
8.55%
2.29%
9.30%
5
100% / 0%
Active
PIE
$105.18M
29/11/1985
–
3 Days
3 Days
No
Foundation Series Balanced Fund
The Fund aims for mid-range long-run returns by investing in a diversified portfolio with a balance of income and growth assets. The Fund incorporates certain responsible investment considerations and is exposed to investment strategies that seek to limit exposure to companies involved in specific business practices.
The Fund’s objective is to perform broadly in line with the return of its investment benchmark before fees and tax over the long-term. The Fund’s investment benchmark is the weighted average return (before tax, fees and other expenses) of the asset class benchmark indices, which includes both New Zealand as well as international fixed interest and equity asset classes. The long-term returns from the Foundation Series Balanced Fund are likely to be lower and more stable than those of the Foundation Series Growth Fund.
Managed Funds & KiwiSaver
InvestNow
Diversified
0.37%
0.36%
0% / 0%
0% / 0%
0.11%
1.93%
7.35%
9.22%
12.16%
6.52%
–
4
60% / 40%
Passive
PIE
$46.82M
02/09/2020
–
2 Days
2 Days
Yes
Foundation Series Global ESG Fund
The Fund aims for high long-run returns by investing in Exchange-Traded Funds (‘ETFs’) that invests in shares of large, mid-sized and small companies listed on international stock markets. The Fund incorporates certain responsible investment considerations and is exposed to investment strategies that seek to limit exposure to companies involved in particular business practices. The Fund’s objective is to perform broadly in line with the return of its investment benchmark before fees and tax over the long-term. The Fund’s investment benchmark is a composite index consisting of 67% FTSE USA All Cap Choice TR NZD Index and 33% FTSE Global All Cap ex USA Choice TR NZD Index.
Managed Funds & KiwiSaver
InvestNow
International Equities
0.10%
0.10%
0% / 0%
0.50% / 0.50%
0.70%
4.08%
17.18%
–
–
–
–
5
100% / 0%
Passive
PIE
$5.60M
04/03/2025
–
2 Days
2 Days
Yes
Foundation Series Growth Fund
The Fund aims for high long-run returns by investing in a diversified portfolio weighted towards growth assets but with some income asset exposure. The Fund incorporates certain responsible investment considerations and is exposed to investment strategies that seek to limit exposure to companies involved in specific business practices.
The Fund’s objective is to perform broadly in line with the return of its investment benchmark before fees and tax over the long-term. The Fund’s investment benchmark is the weighted average return (before tax, fees and other expenses) of the asset class benchmark indices, which includes both New Zealand as well as international fixed interest and equity asset classes. The long-term returns from the Foundation Series Growth Fund are likely to be higher and less stable than those of the Foundation Series Balanced Fund.
Managed Funds & KiwiSaver
InvestNow
Diversified
0.37%
0.38%
0% / 0%
0% / 0%
0%
2.52%
9.14%
10.64%
14.51%
8.66%
–
4
80% / 20%
Passive
PIE
$65.4M
02/09/2020
–
2 Days
2 Days
Yes
Foundation Series Hedged Total World Fund
The Fund aims for high long-run returns by investing in an Exchange-Traded Fund (‘ETF’) that invests in shares of large, mid-sized and small companies listed on international stock markets. The Fund’s objective is to perform broadly in line with the return of its investment benchmark before fees and tax over the long-term. The Fund aims to have all foreign currency exposure hedged to the New Zealand dollar. The Fund’s investment benchmark is the Morningstar Global All Cap Target Market Exposure NR Hedged NZD Index.
Managed Funds & KiwiSaver
InvestNow
International Equities
0.06%
0.07%
0% / 0%
0.50% / 0.50%
0.45%
3.08%
10.99%
18.44%
–
–
–
6
100% / 0%
Passive
PIE
$77.48M
05/02/2024
–
2 Days
2 Days
Yes
Foundation Series Hedged US 500 Fund
The Fund aims for high long-run returns by investing in an Exchange-Traded Fund (‘ETF’) that invests in shares of the largest companies listed on stock markets in the United States. The Fund’s objective is to perform broadly in line with the return of its investment benchmark before fees and tax over the long-term. The Fund aims to have all foreign currency exposure hedged to the New Zealand dollar. The Fund’s investment benchmark is the Morningstar US Target Market Exposure TR Hedged NZD Index.
Managed Funds & KiwiSaver
InvestNow
International Equities
0.03%
0.03%
0% / 0%
0.50% / 0.50%
−0.08%
2.26%
10.21%
15.96%
–
–
–
6
100% / 0%
Passive
PIE
$41.84M
05/02/2024
–
2 Days
2 Days
Yes
Foundation Series High Growth Fund
The Fund aims for high long-run returns by investing in a diversified portfolio of predominantly growth assets but with a small amount of income asset exposure. The Fund incorporates certain responsible investment considerations and is exposed to investment strategies that seek to limit exposure to companies involved in specific business practices.
The Fund’s objective is to perform broadly in line with the return of its investment benchmark before fees and tax over the long-term. The Fund’s investment benchmark is the weighted average return (before tax, fees and other expenses) of the asset class benchmark indices. The long-term returns from the Foundation Series High Growth Fund are likely to be higher and less stable than those of the Foundation Series Growth Fund.
Managed Funds & KiwiSaver
InvestNow
Diversified
0.37%
0.37%
0% / 0%
0% / 0%
0.53%
3.17%
12.43%
–
–
–
–
5
98% / 2%
Passive
PIE
$8.0M
04/03/2025
–
2 Days
2 Days
Yes
Foundation Series Nasdaq-100 Fund
The Fund aims for high long-run returns by investing in an Exchange-Traded Fund (‘ETF’) that invests in shares of the largest non-financial companies listed on the Nasdaq stock exchange. The Fund’s objective is to perform broadly in line with the return of its investment benchmark before fees and tax over the long-term. The Fund’s investment benchmark is the Nasdaq-100 Notional Net Return Index®.
Managed Funds & KiwiSaver
InvestNow
International Equities
0.15%
0.15%
0% / 0%
0.50% / 0.50%
-0.81%
3.50%
17.85%
–
–
–
–
6
100% / 0%
Passive
PIE
$22.3M
05/06/2025
–
2 Days
2 Days
Yes
Foundation Series Total World Fund
The Fund aims for high long-run returns by investing in an Exchange-Traded Fund (‘ETF’) that invests in shares of large, mid-sized and small companies listed on international stock markets. The Fund’s objective is to perform broadly in line with the return of its investment benchmark before fees and tax over the long-term. The Fund’s investment benchmark is the Morningstar Global All Cap Target Market Exposure NR NZD Index.
Managed Funds & KiwiSaver
InvestNow
International Equities
0.06%
0.07%
0% / 0%
0.50% / 0.50%
0.74%
4.19%
17.19%
19.27%
24.19%
–
–
5
100% / 0%
Passive
PIE
$450.94M
07/11/2022
–
2 Days
2 Days
Yes
Foundation Series US 500 Fund
The Fund aims for high long-run returns by investing in an Exchange-Traded Fund (‘ETF’) that invests in shares of the largest companies listed on stock markets in the United States. The Fund’s objective is to perform broadly in line with the return of its investment benchmark before fees and tax over the long-term. The Fund’s investment benchmark is the Morningstar US Target Market Exposure TR NZD Index.
Managed Funds & KiwiSaver
InvestNow
International Equities
0.03%
0.03%
0% / 0%
0.50% / 0.50%
−0.09%
3.71%
17.16%
14.77%
26.94%
–
–
5
100% / 0%
Passive
PIE
$240.27M
07/11/2022
–
2 Days
2 Days
Yes
Foundation Series US Dividend Equity Fund
The Fund aims for high long-run returns by investing in an Exchange-Traded Fund (‘ETF’) that invests in high dividend yielding shares issued by companies in the United States that have a record of consistently paying dividends. The Fund’s objective is to perform broadly in line with the return of its investment benchmark before fees and tax over the long-term. The Fund’s investment benchmark is the Dow Jones U.S. Dividend 100 Index (NZD) TR.
Managed Funds & KiwiSaver
InvestNow
International Equities
0.06%
0.06%
0% / 0%
0.50% / 0.50%
-0.57%
1.63%
10.29%
–
–
–
–
5
100% / 0%
Passive
PIE
$7.60M
04/03/2025
Quarterly
2 Days
2 Days
Yes
Generate Focused Growth Managed Fund
The Fund aims to provide a higher return over the long term. It invests in an actively managed portfolio made up predominantly of growth assets with a minor allocation of income assets.
Managed Funds & KiwiSaver
Generate
Diversified
1.31%
1.39%
0% / 0%
0% / 0%
0.17%
1.28%
7.57%
9.54%
17.24%
8.67%
–
5
95% / 5%
Active
PIE
$113.84M
01/11/2019
–
3 Days
3 Days
Yes
Harbour Balanced Growth Fund
To outperform the benchmark before fees and tax over a rolling 5-year period. It is designed as a standalone diversified fund, and can also be mixed with other funds to add diversity to an investor’s overall portfolio. The Fund utilises high conviction investments managed by Harbour, complemented with global managers such as T. Rowe Price, Baillie Gifford and Western Asset Management. It has a target allocation of 70% to growth assets that is actively managed to respond to market conditions.
Managed Funds & KiwiSaver
Harbour
Diversified
1.01%
1.01%
0% / 0%
0% / 0%
0.55%
2.33%
7.77%
8.12%
9.35%
2.52%
–
4
70% / 30%
Active
PIE
$60.37M
01/11/2019
Monthly
2 Days
3 Days
Yes
Harbour Australasian Equity Focus Fund
A concentrated ‘best ideas’ growth fund holding Australasian listed equities (usually 15 to 25) which receive a high rating from our in-house analysts. The Fund is designed to deliver strong growth over the long term, through investing in a smaller number of high quality companies with strong growth prospects.
Managed Funds & KiwiSaver
Harbour
Australasian Equities
1.34%
1.20%
0% / 0%
0% / 0%
−0.96%
−2.99%
−1.20%
−8.01%
6.00%
0.84%
8.15%
5
95% / 5%
Active
PIE
$26.07M
10/04/2014
–
2 Days
2 Days
Yes
Harbour Australasian Equity Fund
An actively managed growth fund, providing exposure to Australasian listed equities (usually 25 to 45 at a time). This Fund is designed to provide long-term capital growth through investing in New Zealand and Australian stocks with strong growth potential. It aims to outperform the local equity market.
Managed Funds
Harbour
Australasian Equities
1.10%
1.10%
0% / 0%
0% / 0%
−0.47%
−0.07%
2.72%
−3.52%
6.09%
0.54%
8.10%
5
98% / 2%
Active
PIE
$118.18M
11/04/2010
–
2 Days
2 Days
No
Harbour Australasian Equity Income Fund
The Fund is designed to generate attractive levels of quarterly income from a diversified portfolio of New Zealand and Australian listed equities that pay sustainable and growing dividend yields as well as holding cash and fixed interest securities.
Managed Funds
Harbour
Australasian Equities
1.08%
1.08%
0% / 0%
0% / 0%
−0.11%
0.15%
6.74%
7.85%
7.14%
5.29%
7.77%
4
90% / 10%
Active
PIE
$40.07M
01/11/2011
Quarterly
2 Days
2 Days
No
Harbour Income Fund
A diversified fund designed for investors who want to generate a steady and sustainable income across all market cycles, without sacrificing capital growth. It aims to exceed the Official Cash Rate plus 3.5% per annum (over rolling 3-year periods).
Managed Funds
Harbour
Diversified
0.66%
0.64%
0% / 0%
0% / 0%
0.03%
0.25%
3.80%
5.06%
8.10%
4.90%
5.71%
3
32% / 68%
Active
PIE
$311.4M
28/10/2015
Monthly
2 Days
2 Days
No
Harbour Long Short Fund
An actively managed fund which invests principally, through both long and short positions, in listed Australasian equities. This Fund is designed to deliver positive absolute returns through the economic cycle with low volatility and low correlation of returns with equity markets.
Managed Funds
Harbour
Australasian Equities
1.45%
1.17%
0% / 0%
0% / 0%
0.40%
0.49%
4.40%
1.63%
5.92%
3.34%
–
4
30% / 70%
Active
PIE
$5.46M
03/01/2019
–
2 Days
2 Days
No
Harbour NZ Core Fixed Interest Fund
An actively managed fund that holds a mix of New Zealand Government and corporate bonds, designed as a risk-diversifier for those investors that also hold riskier assets such as equities and property.
Managed Funds & KiwiSaver
Harbour
New Zealand Fixed Interest
0.65%
0.65%
0% / 0%
0% / 0%
−0.18%
−0.08%
3.10%
5.11%
5.97%
1.11%
2.82%
3
0% / 100%
Active
PIE
$301.85M
24/05/2011
Quarterly
2 Days
2 Days
Yes
Harbour NZ Corporate Bond Fund
A fixed interest fund that is designed to provide income through the yields available from investment-grade New Zealand corporate bonds.
Managed Funds
Harbour
New Zealand Fixed Interest
0.47%
0.46%
0% / 0%
0% / 0%
0.12%
0.12%
3.11%
5.50%
6.72%
1.90%
3.22%
3
0% / 100%
Active
PIE
$611.51M
16/02/2009
Quarterly
2 Days
2 Days
No
Harbour NZ Index Shares Fund
This Fund is designed to provide low-cost exposure to the New Zealand share market by passively tracking the S&P/NZX 50 Portfolio Index. This index contains the top 50 companies listed on the NZX, but with a 5% cap on each company.
Managed Funds
Harbour
Australasian Equities
0.21%
0.21%
0% / 0%
0% / 0%
0.64%
2.46%
9.76%
8.04%
6.43%
1.79%
8.09%
5
99% / 1%
Passive
PIE
$726.79M
03/12/2014
Semi-annually
2 Days
2 Days
No
Harbour Real Estate Investment Fund
An actively managed fund that invests in listed companies which derive their economic value predominantly from owning or controlling real estate. The Fund provides investors with easier access to a diversified portfolio of different types of commercial and industrial property.
Managed Funds
Harbour
Listed Property
0.74%
0.76%
0% / 0%
0% / 0%
−0.51%
−1.60%
10.66%
9.46%
5.87%
0.50%
–
5
97.5% / 2.5%
Active
PIE
$150.15M
01/10/2018
Semi-annually
2 Days
2 Days
No
Harbour Sustainable Impact Fund
A diversified fund designed for investors who want to grow their wealth and make a positive impact. This net carbon neutral fund aims to exceed the Official Cash Rate + 4% over rolling 5-year periods. It is also designed to make a positive impact as measured against UN Sustainable Development Goals, focusing on areas like climate change mitigation, natural capital, resource sustainability, thriving communities & infrastructure, and social inclusion. The fund includes exposure to global shares through Mirova and T. Rowe Price, Australasian shares and bonds/private credit managed by Harbour, and venture capital through Icehouse Ventures.
Managed Funds
Harbour
Diversified
1.24%
1.31%
0% / 0%
0% / 0%
−0.54%
0.27%
1.95%
2.04%
5.78%
–
–
4
55%-72.5% / 27.5%-45%
Active
PIE
$8.99M
30/11/2021
–
2 Days
2 Days
No
Harbour Sustainable NZ Shares Fund
The fund invests in companies in the S&P NZX Portfolio Index, with exclusions to companies including but not limited to large carbon emitters, producers of alcohol, gambling services, controversial weapons and military equipment, pornography, firearms, tobacco, recreational cannabis, child labour, companies with human and animal right violations. There will also be positive and negative tilts to the remaining companies based on Harbour’s proprietary Corporate Behaviour Score. The Fund has the ability to implement securities lending.
Managed Funds
Harbour
Australasian Equities
0.26%
0.26%
0% / 0%
0% / 0%
0.29%
2.07%
9.23%
7.11%
6.25%
–
–
5
99% / 1%
Active
PIE
$403.82M
07/04/2021
Semi-annually
2 Days
2 Days
No
Harbour T. Rowe Price Global Equity Fund
A high conviction, truly global equity portfolio seeking to invest in companies with above-average and sustainable growth characteristics. The Fund invests in a broadly diversified portfolio of global equities, typically comprising around 150 stocks.
Managed Funds & KiwiSaver
Harbour
International Equities
1.20%
1.19%
0% / 0%
0% / 0%
0.55%
2.72%
13.62%
12.37%
21.10%
9.33%
13.17%
5
98% / 2%
Active
PIE
$698.12M
21/10/2015
–
2 Days
3 Days
Yes
Harbour T. Rowe Price Global Equity Fund – Hedged
A high conviction, truly global equity portfolio seeking to invest in companies with above-average and sustainable growth characteristics. The Fund invests in a broadly diversified portfolio of global equities, typically comprising around 150 stocks, and is 100% hedged to NZD.
Managed Funds
Harbour
International Equities
1.22%
1.22%
0% / 0%
0% / 0%
0.38%
1.44%
7.11%
11.59%
16.07%
–
–
6
95% / 5%
Active
PIE
$257.85M
01/10/2021
–
2 Days
3 Days
No
Hunter Global Fixed Interest Fund
The Fund invests in a portfolio of international fixed income securities, derivatives and cash. The investment objective of the Fund is to provide a total return, before costs and tax, 1% p.a. higher than the Bloomberg Barclays Global Aggregate Index - 100% New Zealand dollar hedged over a rolling three year period.
Managed Funds & KiwiSaver
Harbour
International Fixed Interest
0.53%
0.53%
0% / 0.10%
0% / 0%
−0.13%
0.93%
2.18%
5.13%
5.22%
0.31%
–
4
0% / 100%
Active
PIE
$1,154.18M
15/03/2017
Semi-annually
2 Days
3 Days
Yes
India Avenue Equity Fund
The Fund seeks to provide long-term capital growth to clients by investing in listed shares of companies benefitting from strong economic growth in India. We believe India’s growth creates a vibrant ecosystem for companies to grow their profits from growing consumption, infrastructure, technology and financial needs of a significant (over 1.3 billion people) and youthful (50% aged 26 or below) population.
By investing in a diverse portfolio of companies, it is our belief that we can generate outperformance of our passive, market-capitalization weighted benchmark (MSCI India), with less volatility, over rolling 5 year periods.
Managed Funds
India Avenue
International Equities
1.50%
N/A
0.35% / 0.35%
0% / 0%
−0.83%
5.42%
0.96%
−3.54%
17.07%
15.24%
–
N/A
70%-100% / 0%-30%
Active
AUT
$71.93M
06/09/2016
Annually
3 Days
4 Days
No
Lighthouse Global Equity Fund
The Fund invests in very large capitalisation stocks and ETFs listed on the NYSE and Nasdaq stock markets. The investment objective of the Fund is to deliver long-run pre-tax returns (after fees and expenses) that are at least 2% pa above the return of the MSCI All Country World Net Index, and to minimise the Fund’s “losing years” – that is financial years where investors receive a negative return, or loss, rather than a positive return. The Fund may use leverage of up to 30% of NAV. The Fund’s foreign currency exposures are not hedged back to New Zealand dollars.
Managed Funds
Lighthouse
International Equities
1.05%
1.03%
0.10% / 0.10%
0% / 0%
−3.61%
−8.69%
6.42%
2.63%
35.56%
–
–
7
98% / 2%
Active
PIE
$26.33M
01/03/2021
–
2 Days
2 Days
No
Mercer All Country Global Shares Index Fund
The fund is a passively managed international shares portfolio that is designed to track the return of the MSCI All Country World ex Tobacco Index. The fund targets a position of being 69% gross hedged to the New Zealand dollar. The hedges are based on the currency components of the underlying index.
Managed Funds & KiwiSaver
Mercer
International Equities
0.43%
0.43%
0.11% / 0.23%
0% / 0%
0.61%
3.49%
12.63%
18.17%
20.53%
12.44%
–
5
100% / 0%
Passive
PIE
$101.93M
27/11/2017
Semi-annually
2 Days
2 Days
Yes
Mercer Australian Property Index Fund
The fund is a passively managed portfolio that provides access to Australian listed property. It is designed to track the return of the S&P/ASX 200 A-REIT Accumulation Index fully hedged to New Zealand dollars. The fund is fully hedged to the New Zealand dollar.
Managed Funds
Mercer
Listed Property
1.17%
1.36%
0.18% / 0.18%
0% / 0%
1.65%
−2.14%
1.39%
5.39%
12.88%
4.80%
7.54%
6
100% / 0%
Passive
PIE
$7.09M
01/06/1995
Semi-annually
2 Days
2 Days
No
Mercer Core Global Shares Fund
The fund invests in shares listed on share markets predominately in developed economies. The portfolio uses multiple managers and is diversified by region, manager and investment approaches.
Managed Funds
Mercer
International Equities
1.25%
1.26%
0.13% / 0.11%
0% / 0%
0.61%
3.73%
16.57%
20.77%
24.64%
18.04%
13.67%
5
100% / 0%
Active
PIE
$63.56M
26/11/2007
–
2 Days
2 Days
No
Mercer Core Hedged Global Shares Fund
The fund invests in shares listed on share markets predominately in developed economies, and is fully hedged to the New Zealand dollar. The portfolio uses multiple managers and is diversified by region, manager and investment approaches.
Managed Funds
Mercer
International Equities
1.45%
1.48%
0.13% / 0.11%
0% / 0%
0.32%
2.24%
8.08%
19.98%
17.75%
10.83%
10.33%
6
100% / 0%
Active
PIE
$18.83M
26/11/2007
–
2 Days
2 Days
No
Mercer Emerging Markets Shares Fund
The fund invests in shares listed on share markets in emerging economies. The portfolio is managed using a single manager.
Managed Funds
Mercer
International Equities
2.09%
2.28%
0.27% / 0.34%
0% / 0%
1.71%
4.47%
18.32%
26.50%
17.08%
6.82%
8.43%
5
100% / 0%
Active
PIE
$4.83M
01/11/2007
–
2 Days
2 Days
No
Mercer Responsible Balanced Fund
The fund is a diversified portfolio with a slightly higher allocation to a mix of growth assets (e.g., shares and listed property) relative to a mix of income assets (e.g., cash and fixed income). The fund has been certified by the Responsible Investment Association of Australasia.
Managed Funds & KiwiSaver
Mercer
Diversified
1.26%
1.27%
0.11% / 0.11%
0% / 0%
0.20%
1.70%
6.29%
8.07%
9.35%
5.42%
6.12%
4
60% / 40%
Active
PIE
$30.7M
11/08/2009
–
2 Days
2 Days
Yes
Mercer Responsible Global Shares Fund
The fund invests in shares listed on international share markets managed within a sustainable approach. The fund is managed to specific ‘sustainable investment’ criteria which prohibits investments in certain companies or activities, and encourages investment in companies with strong environmental, social and governance characteristics. This fund has additional exclusions applied as described in our Sustainable Investment Policy and has been certified by the Responsible Investment Association of Australasia (RIAA).
Managed Funds
Mercer
International Equities
1.69%
1.71%
0.13% / 0.11%
0% / 0%
0.53%
3.58%
12.82%
18.12%
18.81%
12.77%
10.70%
5
100% / 0%
Active
PIE
$13.64M
06/11/2007
–
2 Days
2 Days
No
Mercer Responsible Hedged Global Fixed Interest Index Fund
The fund is a passively managed international fixed interest portfolio that is designed to track the return of the Bloomberg Barclays MSCI Global Aggregate SRI Select ex Fossil Fuels Index. The fund is fully hedged to New Zealand dollars. As described in our Sustainable Investment Policy, this fund is managed to specific ‘sustainable investment’ criteria which prohibits investments in certain companies or activities, and encourages investment in companies with strong environmental, social and governance characteristics.
Managed Funds & KiwiSaver
Mercer
International Fixed Interest
0.44%
0.44%
0.08% / 0.08%
0% / 0%
−0.42%
0.23%
1.01%
3.27%
3.59%
−0.92%
–
4
0% / 100%
Passive
PIE
$518.99M
27/11/2017
Semi-annually
2 Days
2 Days
Yes
Mercer Responsible Trans-Tasman Shares Fund
The fund is a diversified portfolio of predominantly New Zealand shares across a range of industries and sectors. The portfolio may also invest in Australian shares. The fund is managed to specific ‘sustainable investment’ criteria which prohibits investments in certain companies or activities, and encourages investment in companies with strong environmental, social and governance factors and also actively engages on key thematic engagements each year. This fund has additional exclusions applied as described in our Sustainable Investment Policy and has been certified by the Responsible Investment Association of Australasia (RIAA).
Managed Funds
Mercer
Australasian Equities
1.04%
1.07%
0.28% / 0.28%
0% / 0%
0.18%
1.76%
5.67%
−0.54%
7.31%
1.38%
8.84%
5
100% / 0%
Active
PIE
$34.57M
12/12/2012
–
2 Days
2 Days
No
Mercer Global Shares Fund
The fund invests in international shares listed on share markets around the world by using investment managers from around the world which are combined in a multi-manager fund.
Managed Funds
Mercer
International Equities
1.25%
1.27%
0.13% / 0.12%
0% / 0%
0.48%
3.02%
12.06%
20.20%
20.67%
13.14%
11.67%
5
100% / 0%
Active
PIE
$32.03M
13/12/1994
–
2 Days
2 Days
No
Mercer Income Generator Fund
The fund aims to provide a gross fixed monthly income in excess of bank deposit rates, along with a positive return on capital over the long term. To achieve this, the fund invests in a diversified mix of growth and defensive assets, with a focus on reliable income generation.
Managed Funds
Mercer
Diversified
1.26%
1.29%
0.15% / 0.15%
0% / 0%
0.11%
0.86%
3.32%
3.66%
5.52%
3.20%
5.39%
4
40% / 60%
Active
PIE
$25.2M
30/06/2014
Monthly
2 Days
2 Days
No
Mercer Global Listed Infrastructure Fund
The fund invests in infrastructure securities in both developed and emerging markets across a range of sectors. This provides access to a range of infrastructure sectors across geographic regions, with active portfolio management that seeks to target excess returns and predictable, stable cash flows.
Managed Funds
Mercer
Other
1.35%
1.36%
0.25% / 0.26%
0% / 0%
−2.10%
−0.19%
2.31%
9.62%
7.10%
9.03%
7.76%
5
100% / 0%
Active
PIE
$81.79M
07/09/2012
Semi-annually
2 Days
2 Days
No
Mercer Global Listed Real Estate Fund
The fund invests in a global portfolio of property securities listed on stock exchanges around the world. It aims to generate medium to high returns over the long term by investing in a broad range of property regions, sectors and securities through a single fund.
Managed Funds & KiwiSaver
Mercer
Listed Property
1.34%
1.35%
0.25% / 0.26%
0% / 0%
−1.19%
0.08%
3.83%
7.34%
6.25%
3.11%
3.20%
6
100% / 0%
Active
PIE
$65.87M
29/11/2007
Semi-annually
2 Days
2 Days
Yes
Mercer Macquarie NZ Cash Fund
The fund is an actively managed portfolio of bank bills, floating rate notes and short term securities and liquid deposits and is a very low risk product that targets capital security.
Managed Funds & KiwiSaver
Mercer
Cash and Cash Equivalents
0.30%
0.30%
0% / 0%
0% / 0%
0.22%
0.67%
1.57%
3.48%
4.79%
3.38%
2.61%
2
0% / 100%
Active
PIE
$285.16M
01/06/1995
Semi-annually
2 Days
2 Days
Yes
Mercer Macquarie NZ Fixed Interest Fund
The fund is an actively managed portfolio of fixed interest securities, focusing predominantly on government bonds and corporate securities in the New Zealand market.
Managed Funds & KiwiSaver
Mercer
New Zealand Fixed Interest
0.61%
0.61%
0.07% / 0.07%
0% / 0%
−0.18%
−0.22%
2.88%
4.91%
5.48%
0.53%
2.56%
3
0% / 100%
Active
PIE
$235.91M
05/06/1995
Semi-annually
2 Days
2 Days
Yes
Mercer Macquarie NZ Short Duration Fund
The fund is an actively managed portfolio of fixed interest securities, focusing predominantly on corporate securities in the New Zealand and Australian market with a shorter average maturity than a standard fixed interest fund.
Managed Funds
Mercer
New Zealand Fixed Interest
0.67%
0.69%
0.05% / 0.05%
0% / 0%
0.26%
0.34%
2.61%
4.74%
5.85%
3%
2.98%
2
0% / 100%
Active
PIE
$48.34M
28/09/2007
Semi-annually
2 Days
2 Days
No
Mercer NZ Shares Passive Fund
The fund is a passively managed New Zealand shares portfolio that is designed to track the return of the S&P/NZX 50 Index.
Managed Funds & KiwiSaver
Mercer
Australasian Equities
0.49%
0.36%
0.30% / 0.30%
0% / 0%
0.83%
3.04%
7.62%
3.67%
6.26%
1.18%
–
5
100% / 0%
Passive
PIE
$43.86M
27/11/2017
Semi-annually
2 Days
2 Days
Yes
Milford Active Growth Fund
The Fund’s objective is to provide annual returns of 10% after the base fund fee but before tax and before the performance fee, over the minimum recommended investment timeframe of seven years. It is a diversified fund that primarily invests in equities, with a moderate allocation to fixed interest securities.
Managed Funds & KiwiSaver
Milford
Diversified
1.25%
1.05%
0.10%**
0% / 0%
0.58%
1.64%
6.84%
12.72%
13.42%
9.58%
10.07%
4
78% / 22%
Active
PIE
$6,110.81M
01/10/2007
–
2 Days
2 Days
Yes
Milford Aggressive Fund
The Fund’s objective is to maximise capital growth after the base fund fee but before tax and before any indirect performance fee, over the minimum recommended investment timeframe of ten years. It primarily invests in international equities, with a moderate allocation to Australasian equities.
Managed Funds & KiwiSaver
Milford
Diversified
1.15%
1.15%
0.09%**
0% / 0%
−0.06%
0.80%
6.55%
10.84%
14.32%
–
–
5
95% / 5%
Active
PIE
$3,883.47M
21/06/2021
–
2 Days
2 Days
Yes
Milford Australian Absolute Growth Fund
The Fund’s targets an absolute return with an annualised return objective of 5% above the New Zealand Official Cash Rate while seeking to protect capital after the base fund fee but before tax and before the performance fee, over rolling three year periods. The Fund has a minimum recommended investment timeframe of seven years.
It is a diversified fund that primarily invests in Australasian equities, complemented by selective exposure to international equities, fixed interest securities and cash.
Managed Funds
Milford
Australasian Equities
1.30%
1.05%
0.12%**
0% / 0%
1.13%
0.26%
4.84%
9.39%
6.36%
6.97%
–
4
82.5% / 17.5%
Active
PIE
$176.95M
01/03/2018
–
2 Days
2 Days
No
Milford Balanced Fund
The Fund’s objective is to provide capital growth after management and administration charges but before tax and before the performance fee over the minimum recommended investment timeframe of five years. It is a diversified fund that primarily invests in equities, with a significant allocation to fixed interest securities.
Managed Funds & KiwiSaver
Milford
Diversified
1.07%
1.06%
0.12%**
0% / 0%
0.21%
0.46%
4.13%
8.85%
9.57%
6.73%
7.98%
4
61% / 39%
Active
PIE
$2,613.52M
01/04/2010
–
2 Days
2 Days
Yes
Milford Cash Fund
The Fund’s objective is to provide a return above the New Zealand Official Cash Rate. It primarily invests in New Zealand cash, short-dates debt securities and term deposits.
Managed Funds
Milford
Cash and Cash Equivalents
0.20%
0.20%
0.00%**
0% / 0%
0.22%
0.68%
1.52%
3.50%
4.83%
3.45%
–
1
0% / 100%
Active
PIE
$1,018.88M
01/03/2019
–
2 Days
2 Days
No
Milford Conservative Fund
The Fund’s objective is to provide a moderate return and protect capital after management and administration charges but before tax over the minimum recommended investment timeframe of three years. It is a diversified fund that primarily invests in fixed interest securities, with a moderate allocation to equities.
Managed Funds & KiwiSaver
Milford
Diversified
0.85%
0.87%
0.12%**
0% / 0%
−0.12%
−0.07%
2%
5.34%
7.00%
3.47%
5.10%
3
18% / 82%
Active
PIE
$904.55M
01/09/2015
Quarterly
2 Days
2 Days
Yes
Milford Diversified Income Fund
The Fund’s objective is to provide income and capital growth after the base fund fee but before tax and before the performance fee, over the minimum recommended investment timeframe of four years. It is a diversified fund that primarily invests in fixed interest and equity income-generating securities.
Managed Funds
Milford
Diversified
0.85%
0.65%
0.15%**
0% / 0%
0.05%
0.45%
2.61%
7.12%
7.31%
4.89%
6.81%
3
40% / 60%
Active
PIE
$3,524.8M
01/04/2010
Quarterly
2 Days
2 Days
No
Milford Global Corporate Bond Fund
The Fund’s objective is to protect capital and generate a positive, NZD hedged return after management and administration charges but before tax that exceeds the relevant benchmark over the minimum recommended investment timeframe of three years.
Managed Funds
Milford
International Fixed Interest
0.85%
0.85%
0.12%**
0% / 0%
−0.26%
0.81%
2.90%
6.29%
6.47%
1.91%
–
3
0% / 100%
Active
PIE
$497.28M
01/02/2017
Quarterly
2 Days
2 Days
No
Milford Global Equity Fund
The Fund’s objective is to provide capital growth after management and administration charges but before tax and before the performance fee by outperforming the relevant share market index over the minimum recommended investment timeframe of eight years. It is primarily invested in international equities.
Managed Funds
Milford
International Equities
1.35%
1.35%
0.07%**
0% / 0%
0.02%
2.07%
8.64%
12.59%
15.96%
9.41%
9.87%
5
95% / 5%
Active
PIE
$2,306.33M
12/04/2013
–
2 Days
2 Days
No
Milford Trans-Tasman Bond Fund
The Fund’s objective is to generate a positive, low return after management and administration charges but before tax that exceeds the relevant benchmark over the minimum recommended investment timeframe of three years.
Managed Funds
Milford
New Zealand Fixed Interest
0.65%
0.65%
0.12%**
0% / 0%
−0.23%
−0.20%
2.00%
4.82%
6.66%
2.18%
3.72%
3
0% / 100%
Active
PIE
$1,880.32M
02/12/2013
Quarterly
2 Days
2 Days
No
Milford Trans-Tasman Equity Fund
The Fund’s objective is to provide capital growth after management and administration charges but before tax and before the performance fee by outperforming a mix of two relevant share market indices over the minimum recommended investment timeframe of eight years. It is primarily invested in Australasian equities.
Managed Funds
Milford
Australasian Equities
1.05%
1.05%
0.17%**
0% / 0%
1.05%
−1.24%
3.37%
2.77%
8.70%
5.17%
10.31%
5
95% / 5%
Active
PIE
$892.57M
01/10/2007
–
2 Days
2 Days
No
Mint Australasian Equity Fund
This Fund typically invests in New Zealand and Australian listed equities and has an investment objective of outperforming the S&P/NZX50 Gross Index by 3% per annum, before fees, over the medium to long-term.
Managed Funds & KiwiSaver
Mint
Australasian Equities
1.19%
1.19%
0% / 0%
0% / 0%
−0.78%
0.58%
0.40%
−2.56%
5.76%
0.68%
7.82%
5
95% / 5%
Active
PIE
$224.05M
15/02/2007
–
3 Days
3 Days
Yes
Mint Australasian Property Fund
This Fund typically invests in New Zealand and Australian listed property securities and has an investment objective of outperforming the S&P/NZX All Real Estate (Industry Group) Gross Index by 1% per annum, before fees, over the medium to long-term.
Managed Funds
Mint
Listed Property
1.05%
1.04%
0% / 0%
0% / 0%
−0.50%
−2.31%
10.60%
10.94%
5.72%
−0.57%
4.97%
5
95% / 5%
Active
PIE
$19.48M
31/12/2007
–
3 Days
3 Days
No
Mint Diversified Growth Fund
This Fund offers a diversified portfolio and aims to provide capital growth over the long-term. The Fund invests primarily in New Zealand and international equities, but will also hold cash and fixed interest securities. The objective of the Fund is to deliver returns in excess of the Consumers Price Index (CPI) by 4.5% per annum, before fees, over the medium to long-term. The relevant market index for the Fund is a composite index derived from the underlying asset classes of the Fund.
Managed Funds & KiwiSaver
Mint
Diversified
1.21%
1.20%
0% / 0%
0% / 0%
−0.31%
0.61%
1.22%
4.24%
9.10%
4.86%
–
5
80% / 20%
Active
PIE
$51.14M
10/12/2018
–
3 Days
3 Days
Yes
Mint Diversified Income Fund
This Fund offers diversification by investing across a number of asset classes both in New Zealand and internationally. These include cash, fixed interest, listed property, and equites. The objective of the Fund is to deliver a total return (through a combination of income and capital growth) in excess of the Consumers Price Index (CPI) by 3% per annum, before fees, over the medium to long-term. The relevant market index for the Fund is a composite index derived from the underlying asset classes of the Fund.
Managed Funds & KiwiSaver
Mint
Diversified
0.98%
0.98%
0% / 0%
0% / 0%
−0.37%
0.15%
1.46%
3.20%
6.09%
2.35%
3.91%
4
30% / 70%
Active
PIE
$45.21M
31/08/2014
Quarterly
3 Days
3 Days
Yes
Mint New Zealand SRI Equity Fund
Mint’s New Zealand SRI Equity Fund is a single asset class Fund, which typically invests in New Zealand listed equities. Investors should expect returns and risk commensurate with the New Zealand share market. The Fund has been designed to meet specific responsible investment criteria, with the aim of building a portfolio where the holdings in aggregate, generate a better ESG score in our systems than the benchmark S&P/NZX50 Gross Index. The Fund has an investment objective of outperforming the S&P/NZX50 Gross Index by 2% per annum, before fees, over the medium to long-term.
Managed Funds
Mint
Australasian Equities
0.95%
0.96%
0% / 0%
0% / 0%
0.02%
2.20%
4.85%
0.65%
5.87%
1.10%
–
5
95% / 5%
Active
PIE
$77.74M
12/10/2017
–
3 Days
3 Days
No
Amova Concentrated Equity Fund
Aims to outperform the RBNZ Official Cash Rate plus 5.0% per annum over a rolling three year period before fees, expenses and taxes. This fund aims to provide investors with concentrated exposure to New Zealand and Australian share markets from an actively managed investment portfolio of high conviction companies. The manager selects companies for investment where they have a strong view on the medium-term outlook for positive returns. In times of high uncertainty or low conviction the fund can hold more cash than typical Australasian shares funds. This fund has a high level of volatility.
Managed Funds
Amova
Australasian Equities
1.15%
1.15%
0.29% / 0.29%
0% / 0%
−2.46%
−3.59%
4.24%
−1.94%
5.78%
1.21%
7.23%
5
100% / 0%
Active
PIE
$16.5M
21/08/2006
Semi-annually
2 Days
2 Days
No
Amova Core Equity Fund
Aims to outperform the S&P/NZX 50 Index Gross with Imputation credits by 3.0% per annum over a rolling three year period before fees, expenses and taxes. This fund aims to invest in a broad selection of NZ listed companies with potential for growth of income and capital and may also invest in some Australian shares if the portfolio managers see opportunities, as part of an actively managed portfolio. This fund has a high level of volatility.
Managed Funds
Amova
Australasian Equities
0.95%
0.95%
0.29% / 0.29%
0% / 0%
−0.28%
1.01%
6.07%
0.35%
5.53%
1.35%
8.40%
5
100% / 0%
Active
PIE
$24.61M
05/05/2010
Semi-annually
2 Days
2 Days
No
Amova Global Shares Fund
Aims to outperform the MSCI All Countries World Index (net dividends reinvested), in NZD (unhedged) by 3.0% p.a. over a rolling three year period before fees, expenses and taxes. This fund aims to provide investors with a relatively concentrated actively managed investment portfolio of global equities to achieve long term capital growth. This fund invests in a selection of around 40-50 companies from around the world, covering a diverse range of regions and sectors. This fund has a high level of volatility.
Managed Funds
Amova
International Equities
1.20%
1.20%
0.07% / 0.07%
0% / 0%
−1.15%
−1.10%
4.77%
7.90%
19.17%
12.13%
–
5
100% / 0%
Active
PIE
$198.19M
22/08/2017
–
2 Days
2 Days
No
Amova Global Shares Hedged Fund
Aims to outperform the MSCI All Countries World Index (net dividends reinvested), gross hedged 100% to NZD by 3.0% p.a. over a rolling three year period before fees, expenses and taxes. This fund aims to provide investors with a relatively concentrated actively managed investment portfolio of global equities to achieve long term capital growth. This fund invests in a selection of around 40-50 companies from around the world, covering a diverse range of regions and sectors. Currency exposure created as a consequence of global equity investment hedged to the NZD. This fund has a very high level of volatility.
Managed Funds
Amova
International Equities
1.20%
1.20%
0.07% / 0.07%
0% / 0%
−0.16%
−0.70%
0.61%
7.82%
14.04%
6.11%
–
6
100% / 0%
Active
PIE
$279.29M
10/05/2019
–
2 Days
2 Days
No
Amova NZ Corporate Bond Fund
Aims to outperform the Bloomberg NZBond Credit 0+ Year Index by 0.70% p.a. over a rolling three year period before fees, expenses and taxes. Aims to invests in a selection of bonds issued by predominantly NZ based banks and companies, providing investors with a regular income. Low to medium level of volatility
Managed Funds
Amova
New Zealand Fixed Interest
0.70%
0.70%
0% / 0%
0% / 0%
0.06%
−0.12%
2.93%
5.10%
6.60%
2.00%
3.63%
3
0% / 100%
Active
PIE
$509.33M
13/07/2009
Quarterly
2 Days
2 Days
No
Octagon Australian Equities
The fund aims to achieve positive long-term returns by investing mostly in Australian shares, and can invest in New Zealand listed shares, where the company has meaningful operations in Australia. These investments typically have very high levels of movement up and down in value.
Managed Funds
Octagon
Australasian Equities
1.17%
1.18%
0% / 0%
0% / 0%
1.13%
0.53%
7.45%
9.59%
11.36%
9.93%
8.52%
5
95% / 5%
Active
PIE
$122.78M
26/06/2008
–
3 Days
3 Days
No
Octagon Balanced fund
The fund aims to achieve positive long-term returns by selecting a mix of cash, fixed interest, equity and property investments. Investors can expect moderate to high levels of movement up and down in value, and to receive longer-term returns that are lower than those of the Growth Fund (but with less risk).
Managed Funds
Octagon
Diversified
1.17%
1.18%
0% / 0%
0% / 0%
0.23%
1.55%
6.33%
8.53%
9.37%
4.36%
–
4
55% / 45%
Active
PIE
$39.89M
11/12/2020
–
3 Days
3 Days
No
Octagon New Zealand Equities
The fund aims to achieve positive long-term returns by investing mostly in New Zealand shares, and can invest in Australian listed shares, where the company has meaningful operations in New Zealand. These investments typically have high levels of movement up and down in value.
Managed Funds
Octagon
Australasian Equities
1.17%
1.18%
0% / 0%
0% / 0%
0.76%
3.81%
9.20%
5.73%
6.05%
2.56%
9.10%
5
95% / 5%
Active
PIE
$163.86M
26/06/2008
–
3 Days
3 Days
No
Pathfinder Ethical Growth Fund
A highly diversified global portfolio that invests in companies meeting Pathfinder’s Ethical Investment guidelines. These guidelines focus on selecting companies benefitting our planet and people, and also excluding companies and industries that are harmful. The team at Pathfinder believes this approach will deliver both financial returns and better environmental and social outcomes. The Pathfinder Ethical Growth Fund has a portfolio with a higher exposure to growth assets and a lower exposure to income assets. Investments are spread across multiple asset types, geographies, companies and sectors to provide diversification. The investment strategy includes management of foreign currency exposure to New Zealand dollars.
Managed Funds & KiwiSaver
Pathfinder
Diversified
1.34%
1.34%
0% / 0%
0% / 0%
−0.24%
1.56%
6.43%
7.94%
12.26%
6.11%
–
5
71.8% / 28.2%
Active
PIE
$98.99M
17/08/2020
–
3 Days
3 Days
Yes
Pathfinder Ethical Trans-Tasman Fund
The Fund invests directly in Australasian equities that satisfy Pathfinder’s ethical investment criteria. The fund is an actively managed, high conviction portfolio of Australian and New Zealand stocks. Investments are chosen based on a combination of top-down macroeconomic views and bottom-up stock specific selection factors. The Portfolio will hold 10-40 positions at a given time with the ability to go to cash to protect against down-side risk. The fund is benchmark unaware and returns may deviate significantly from the market index.
Managed Funds
Pathfinder
Australasian Equities
1.02%
1.02%
0% / 0%
0% / 0%
−0.99%
−1.50%
0.67%
−4.14%
6.27%
2.10%
–
5
100% / 0%
Active
PIE
$13.33M
18/09/2019
–
3 Days
3 Days
No
Pathfinder Global Property Fund
Property stocks can behave differently to the wider stock market and can provide an inflation protection. Global property provides diversification – across countries, sectors, company sizes, sources of revenue and management styles. This Fund is designed to provide a liquid and currency-managed global listed property exposure, including an allocation to New Zealand.
Stocks are screened on environmental, social and governance (ESG) criteria.
Managed Funds
Pathfinder
Listed Property
1.02%
1.02%
0.05% / 0.05%
0% / 0%
−1.30%
−0.78%
4.38%
4.67%
8.15%
3.44%
2.69%
6
100% / 0%
Active
PIE
$16.98M
23/07/2015
–
3 Days
3 Days
No
Pathfinder Global Responsibility Fund
Every diversified portfolio should have global equity exposure. This Fund is a core global equity portfolio targeting 250 large and mid-cap stocks from around the developed world. Environmental, Social and Governance (ESG) factors are fully integrated into the investment process. A number of responsible investment (RI) screens are also applied to the stock selection process.
Managed Funds
Pathfinder
International Equities
0.94%
0.94%
0% / 0%
0% / 0%
0.10%
3.82%
11.43%
14.21%
17.51%
11.52%
–
5
100% / 0%
Active
PIE
$132.94M
02/10/2017
–
3 Days
3 Days
No
Pathfinder Global Water Fund
Investment in the water industry is driven by several strong macro themes – infrastructure, urbanisation, climate change effects and global population growth. The Fund invests in water stocks which include industrial companies (pipe, pump and irrigation manufacturers), specialist engineering companies, specialist chemical producers, water utilities and technology companies (desalination and water metering).
Stocks are screened on environmental, social and governance (ESG) criteria.
Managed Funds
Pathfinder
International Equities
1.32%
1.32%
0.05% / 0.05%
0% / 0%
−2.33%
−0.56%
4.16%
6.98%
10.86%
7.91%
8.68%
6
100% / 0%
Active
PIE
$65.6M
21/04/2010
–
3 Days
3 Days
No
Pie Global Growth 2 Fund
The Fund is designed to achieve capital growth over a period exceeding five years. Investment predominantly in listed international large companies. It may also invest in other types of financial products such as cash and unlisted equities.
Managed Funds
Pie Funds
International Equities
1.48%
1.45%
0% / 0%
0% / 0%
0.40%
2.14%
11.25%
14.72%
14.95%
6.71%
–
5
100% / 0%
Active
PIE
$424.82M
01/05/2018
–
3 Days
10 Days
No
Pie Growth UK & Europe Fund
The Fund is designed to achieve capital growth over a period exceeding five years. Investment predominantly in listed UK & European smaller companies. It may also invest in other types of financial products such as cash and unlisted equities.
Managed Funds
Pie Funds
International Equities
1.88%
1.85%
0% / 0%
0% / 0%
1.46%
−2.07%
5.60%
10.89%
10.31%
5.10%
–
5
100% / 0%
Active
PIE
$143.89M
01/11/2016
–
3 Days
10 Days
No
QuayStreet Income Fund
A diversified portfolio with an emphasis on income producing assets. The objective is to provide a level of return above the Fund’s benchmark over the long term, while preserving the real value of investments relative to inflation.
Managed Funds
QuayStreet
Diversified
0.75%
0.76%
0% / 0%
0% / 0%
0.08%
0.45%
3.40%
6.03%
6.57%
4.17%
4.74%
3
20% / 80%
Active
PIE
$306.91M
30/09/2014
Quarterly
2 Days
2 Days
No
QuayStreet NZ Equity Fund
Primarily invests in shares from the New Zealand market. The objective is to provide a level of return above the Fund’s benchmark over the long term.
Managed Funds
QuayStreet
Australasian Equities
1.25%
1.27%
0% / 0%
0% / 0%
0.55%
2.02%
6.88%
2.77%
5.05%
1.88%
8.76%
4
100% / 0%
Active
PIE
$206.06M
30/11/2010
–
2 Days
2 Days
No
Russell Investments Global Fixed Interest Fund
Russell Investments Global Fixed Interest Fund is a PIE Fund providing exposure to a global fixed interest portfolio managed actively on a multi-manager basis. The Fund’s underlying investment exposure comprises of a diversified range of fixed interest investments, including international government securities, government-related securities, corporate securities, asset-backed securities and hybrid securities in both developed and emerging markets around the globe.
Managed Funds & KiwiSaver
Russell Investments
International Fixed Interest
0.58%
0.58%
0.20% / 0.20%
0% / 0%
−0.39%
0.12%
1.27%
4.34%
3.77%
−0.82%
2.17%
4
0% / 100%
Active
PIE
$582.11M
21/12/2011
Semi-annually
3 Days
4 Days
Yes
Russell Investments Global Listed Infrastructure Fund
The Russell Investments Global Listed Infrastructure Fund provides targeted exposure to the global listed infrastructure sector via an actively managed multi-manager portfolio. The objective of the fund is to outperform the S&P Global Infrastructure Index – NZDH (Net TR) consistently over time.
Managed Funds
Russell Investments
Other
0.97%
0.96%
0.18% / 0.13%
0% / 0%
−1.96%
0.96%
4.12%
14.60%
11%
–
–
6
100% / 0%
Active
PIE
$154.81M
17/03/2022
Semi-annually
3 Days
4 Days
No
Russell Investments Global Shares Fund
Russell Investments Global Shares Fund is a PIE Fund providing exposure to an actively managed global shares portfolio.
Managed Funds & KiwiSaver
Russell Investments
International Equities
0.86%
0.85%
0.14% / 0.12%
0% / 0%
1.37%
4.87%
19.02%
20%
21.96%
15.25%
12.22%
4
100% / 0%
Active
PIE
$371.64M
14/11/2012
Semi-annually
3 Days
4 Days
Yes
Russell Investments Hedged Global Shares Fund
Russell Investments Hedged Global Shares Fund is a PIE Fund providing exposure to an actively managed global shares portfolio, which is typically hedged to New Zealand Dollars.
Managed Funds & KiwiSaver
Russell Investments
International Equities
0.88%
0.86%
0.16% / 0.14%
0% / 0%
1.11%
3.92%
13.17%
19.96%
17.72%
10.74%
10.18%
5
100% / 0%
Active
PIE
$318.55M
24/07/2012
Semi-annually
3 Days
4 Days
Yes
Russell Investments Hedged Sustainable Global Shares Fund
The Russell Investments Hedged Sustainable Global Shares Fund is a PIE Fund providing ultra low-cost, diversified exposure to the global share market and targets being fully hedged to the New Zealand dollar. The Fund is designed to provide access to a broad range of global shares, in developed and emerging markets, while reducing exposure to carbon emissions and fossil fuel reserves by 50% compared to its broad market benchmark. The Fund also increases exposure to companies with a high responsible investment rating and to those participating in the transition to renewable energy.
Managed Funds
Russell Investments
International Equities
0.29%
0.31%
0.16% / 0.14%
0% / 0%
0.76%
3.46%
11.36%
19.21%
20.34%
–
–
5
100% / 0%
Active
PIE
$785.28M
14/12/2021
Semi-annually
3 Days
4 Days
No
Russell Investments NZ Fixed Interest Fund
Russell Investments NZ Fixed Interest Fund is a PIE Fund and actively managed portfolio of what we consider to be quality New Zealand fixed interest investments designed for investors who wish to invest in a broadly diversified portfolio of fixed interest securities.
Managed Funds & KiwiSaver
Russell Investments
New Zealand Fixed Interest
0.50%
0.49%
0.08% / 0.08%
0% / 0%
−0.10%
−0.24%
2.73%
4.65%
5.63%
0.73%
2.60%
3
0% / 100%
Active
PIE
$161.57M
14/02/2013
Semi-annually
3 Days
4 Days
Yes
Russell Investments NZ Shares Fund
Russell Investments NZ Shares Fund* is a PIE Fund providing exposure to a diversified portfolio of predominately New Zealand and Australian shares, managed actively with the aim of outperforming the broader market. *As at 3 September 2014 the Fund became the Russell Investments NZ Shares Fund.
Managed Funds
Russell Investments
Australasian Equities
0.79%
0.78%
0.30% / 0.30%
0% / 0%
0.44%
2.01%
6.60%
2.11%
5.58%
0.99%
7.91%
5
100% / 0%
Active
PIE
$222.58M
14/02/2013
Semi-annually
3 Days
4 Days
No
Russell Investments Sustainable Global Shares Fund
The Russell Investments Sustainable Global Shares Fund is a PIE Fund providing ultra low-cost, diversified exposure to the global share market. The Fund is designed to provide access to a broad range of global shares, in developed and emerging markets, while reducing exposure to carbon emissions and fossil fuel reserves by 50% compared to its broad market benchmark. The Fund also increases exposure to companies with a high responsible investment rating and to those participating in the transition to renewable energy.
Managed Funds
Russell Investments
International Equities
0.30%
0.31%
0.14% / 0.12%
0% / 0%
0.99%
4.37%
17.07%
19.22%
24.61%
–
–
5
100% / 0%
Active
PIE
$392.66M
14/12/2021
Semi-annually
3 Days
4 Days
No
Salt Enhanced Property Fund
The Fund’s strategy is to invest in a portfolio of shares of New Zealand and Australian property trusts, companies and other securities with exposure to property and property-related sectors. The Fund’s investment objective is to outperform the S&P/NZX All Real Estate Gross Index benchmark by holding “long-only” New Zealand and Australian property and property-related securities, short selling securities, holding cash and levering its assets. The Fund aims to own securities whose sustainable dividend yields are attractive relative to their property quality and financial leverage, while short-selling securities whose yields are too low.
Managed Funds & KiwiSaver
Salt
Listed Property
1.08%
1.02%
0.20% / 0.20%
0% / 0%
−0.81%
−3.68%
10.19%
14.52%
5.90%
0.19%
6.54%
5
95% / 5%
Active
PIE
$20.02M
11/11/2014
Semi-annually
3 Days
3 Days
Yes
Salt Long Short Fund
The Fund aims to deliver positive absolute returns in all market environments with low/no correlation to long only equity indices. In addition to holding “long-only” NZ and Australian securities, the Fund may, at our discretion short sell securities, hold cash, lever its assets and utilise active currency management to generate returns.
Managed Funds
Salt
Australasian Equities
2.29%
3.21%
0.20% / 0.20%
0% / 0%
1.32%
4.90%
15.50%
21.84%
18.25%
16.47%
10.75%
4
30% / 70%
Active
PIE
$171.33M
30/06/2014
–
3 Days
3 Days
No
Salt NZ Dividend Appreciation Fund
The Fund’s strategy is to invest in a portfolio of shares listed on the New Zealand share market that have high and sustainable dividend yields. Research suggests that companies that pay strong and sustainable dividends tend to have strong free cashflow generation that can be returned to shareholders or reinvested in their business. Such companies tend to outperform their index benchmarks in most timeframes excluding strong bull markets.
Managed Funds & KiwiSaver
Salt
Australasian Equities
1.13%
1.10%
0.20% / 0.20%
0% / 0%
0.71%
3.12%
9.46%
9.84%
10.45%
4.85%
9.60%
5
100% / 0%
Active
PIE
$120.37M
30/06/2015
Semi-annually
3 Days
3 Days
Yes
Smart Asia Pacific ETF
Invests in international shares and is designed to track the return on the FTSE Developed Asia Pacific All Cap Index.
Managed Funds
Smart
International Equities
0.55%
0.55%
Market Driven
0% / 0%
1.99%
6.78%
20.08%
28.35%
18.67%
9.75%
8.50%
4
100% / 0%
Passive
Listed PIE
$95.43M
29/07/2015
Semi-annually
2 Days
3 Days
No
Smart Australian Dividend ETF
Invests in Australian shares and is designed to track the return on the S&P/ASX Dividend Opportunities Index.
Managed Funds
Smart
Australasian Equities
0.54%
0.54%
Market Driven
0% / 0%
0.62%
−1.08%
9.61%
20.06%
14.84%
10.44%
7.70%
5
100% / 0%
Passive
Listed PIE
$47.8M
16/12/2014
Semi-annually
2 Days
3 Days
No
Smart Australian Financials ETF
Invests in Australian shares and is designed to track the return on the S&P/ASX 200 Financials Ex-A-REIT Index.
Managed Funds
Smart
Australasian Equities
0.54%
0.54%
Market Driven
0% / 0%
4.54%
−0.43%
6.43%
16.10%
21.01%
17.18%
9.57%
6
100% / 0%
Passive
Listed PIE
$65.28M
07/04/2015
Semi-annually
2 Days
3 Days
No
Smart Australian Mid Cap ETF
Invests in Australian shares and is designed to track the return on the S&P/ASX Mid Cap 50 Index.
Managed Funds
Smart
Australasian Equities
0.75%
0.75%
Market Driven
0% / 0%
−0.19%
−0.05%
17.35%
21.11%
14.56%
10.82%
11.80%
6
100% / 0%
Passive
Listed PIE
$142.18M
27/04/2004
Semi-annually
2 Days
3 Days
No
Smart Australian Property ETF
Invests in Australian property and is designed to track the return on the S&P/ASX 200 A-REIT Equal Weight Index.
Managed Funds
Smart
Listed Property
0.54%
0.54%
Market Driven
0% / 0%
2.54%
2.07%
14.61%
23.43%
11.46%
6.31%
7.11%
6
100% / 0%
Passive
Listed PIE
$43.11M
16/12/2014
Semi-annually
2 Days
3 Days
No
Smart Australian Resources ETF
Invests in Australian shares and is designed to track the return on the S&P/ASX 200 Resources Index.
Managed Funds
Smart
Australasian Equities
0.54%
0.54%
Market Driven
0% / 0%
7.07%
13.27%
41.42%
40.33%
11.65%
12.03%
15.86%
6
100% / 0%
Passive
Listed PIE
$91.93M
07/04/2015
Semi-annually
2 Days
3 Days
No
Smart Australian Top 20 ETF
Invests in Australian shares and is designed to track the return on the S&P/ASX 20 Index.
Managed Funds
Smart
Australasian Equities
0.60%
0.60%
Market Driven
0% / 0%
5.14%
0.97%
10.30%
13.07%
13.64%
11.42%
9.18%
5
100% / 0%
Passive
Listed PIE
$195.8M
27/02/1997
Semi-annually
2 Days
3 Days
No
Smart Australian Top 200 ETF
Invests in Australian shares and is designed to track the return on the S&P/ASX 200 Total Return Index.
Managed Funds
Smart
Australasian Equities
0.30%
0.30%
Market Driven
0% / 0%
3.12%
1.29%
10.71%
14.64%
13.99%
10.93%
–
5
100% / 0%
Passive
Listed PIE
$290.08M
15/07/2020
Semi-annually
2 Days
3 Days
No
Smart Automation and Robotics ETF
Invests in international shares and is designed to track the return on the iSTOXX® Global Automation & Robotics Index.
Managed Funds
Smart
International Equities
0.75%
0.75%
Market Driven
0% / 0%
1.56%
4.51%
13.10%
15.11%
22.59%
10.75%
–
6
100% / 0%
Passive
Listed PIE
$72.13M
06/06/2019
Semi-annually
2 Days
3 Days
No
Smart Emerging Markets ESG ETF
Invests in emerging markets shares and is designed to track the return on the MSCI EM IMI Screened Index.
Managed Funds
Smart
International Equities
0.59%
0.59%
Market Driven
0% / 0%
1.05%
4.26%
18.65%
28.56%
18.86%
8.29%
–
5
100% / 0%
Passive
Listed PIE
$25.02M
06/06/2019
Semi-annually
2 Days
3 Days
No
Smart Emerging Markets ETF
Invests in international shares and is designed to track the return on the FTSE Emerging Markets All Cap China A Inclusion Index.
Managed Funds
Smart
International Equities
0.59%
0.59%
Market Driven
0% / 0%
0.97%
1.10%
16.94%
20.71%
16.74%
8.24%
8.45%
5
100% / 0%
Passive
Listed PIE
$235.81M
29/07/2015
Semi-annually
2 Days
3 Days
No
Smart Europe ESG ETF
Invests in European shares and is designed to track the return on the MSCI Europe Screened Index.
Managed Funds
Smart
International Equities
0.55%
0.55%
Market Driven
0% / 0%
2.77%
6.79%
13.61%
31.08%
21.52%
14.37%
–
5
100% / 0%
Passive
Listed PIE
$22.99M
06/06/2019
Semi-annually
2 Days
3 Days
No
Smart Europe ETF
Invests in international shares and is designed to track the return on the FTSE Developed Europe All Cap Index.
Managed Funds
Smart
International Equities
0.55%
0.55%
Market Driven
0% / 0%
4.00%
7.71%
14.09%
31.48%
20.70%
13.88%
9.42%
5
100% / 0%
Passive
Listed PIE
$147.65M
29/07/2015
Semi-annually
2 Days
3 Days
No
Smart Global Aggregate Bond ETF
Invests in international bonds and is designed to track the return on the Bloomberg Global Aggregate Bond Total Return Index Hedged NZD.
Managed Funds
Smart
International Fixed Interest
0.30%
0.30%
Market Driven
0% / 0%
0.33%
0.51%
2.89%
3.69%
4.21%
−0.46%
–
3
0% / 100%
Passive
Listed PIE
$117.37M
06/06/2019
Quarterly
2 Days
3 Days
No
Smart Global Bond ETF
Invests in international bonds, with the objective of outperforming the Bloomberg Global Aggregate Total Return Bond Index Hedged NZD by 1% per annum over rolling 3-year periods. The investment manager is PIMCO Australia Pty Ltd.
Managed Funds
Smart
International Fixed Interest
0.54%
0.54%
Market Driven
0% / 0%
0.22%
0.78%
1.71%
4.07%
3.68%
0.52%
2.55%
3
0% / 100%
Active
Listed PIE
$147.06M
12/11/2015
Quarterly
2 Days
3 Days
No
Smart Global ESG ETF
Invests in international shares and is designed to track the return on the MSCI World Ex Australia Custom ESG Leaders Net Total Return Index.
Managed Funds
Smart
International Equities
0.54%
0.54%
Market Driven
0% / 0%
1.41%
4.66%
16.75%
16.77%
26.38%
16.54%
–
5
100% / 0%
Passive
Listed PIE
$327.9M
06/06/2019
Semi-annually
2 Days
3 Days
No
Smart Healthcare Innovation ETF
Invests in international shares and is designed to track the return on the iSTOXX® Global Breakthrough Healthcare Index.
Managed Funds
Smart
International Equities
0.75%
0.75%
Market Driven
0% / 0%
−2.66%
12.62%
23.18%
16.41%
9.49%
1.50%
–
6
100% / 0%
Passive
Listed PIE
$25.51M
06/06/2019
–
2 Days
3 Days
No
Smart Japan ESG ETF
Invests in Japanese shares and is designed to track the return on the MSCI Japan Screened Index.
Managed Funds
Smart
International Equities
0.55%
0.55%
Market Driven
0% / 0%
1.25%
4.26%
16.19%
22.35%
20.51%
10.48%
–
5
100% / 0%
Passive
Listed PIE
$14.94M
06/06/2019
–
2 Days
3 Days
No
Smart NZ Bond ETF
Invests in New Zealand bonds, with the objective of outperforming the S&P/NZX A-Grade Corporate Bond Total Return Index over rolling 3-year periods.
Managed Funds
Smart
New Zealand Fixed Interest
0.54%
0.54%
Market Driven
0% / 0%
−0.20%
0.05%
2.71%
4.59%
5.20%
1.99%
3.35%
3
0% / 100%
Active
Listed PIE
$62.24M
12/11/2015
Quarterly
2 Days
3 Days
No
Smart NZ Cash ETF
Invests in New Zealand cash, with the objective of outperforming the S&P/NZX Bank Bills 90-Day Total Return Index over rolling 1-year periods.
Managed Funds
Smart
Cash and Cash Equivalents
0.20%
0.20%
Market Driven
0% / 0%
0.13%
0.89%
2.56%
4.52%
5.11%
3.55%
2.95%
2
0% / 100%
Active
Listed PIE
$25.95M
12/11/2015
Quarterly
2 Days
3 Days
No
Smart NZ Dividend ETF
Invests in New Zealand shares and is designed to track the return on the S&P/NZX 50 High Dividend Index.
Managed Funds
Smart
Australasian Equities
0.54%
0.54%
Market Driven
0% / 0%
0.70%
2.50%
16.14%
19.31%
8.32%
3.71%
8.09%
5
100% / 0%
Passive
Listed PIE
$96.2M
07/04/2015
Semi-annually
2 Days
3 Days
No
Smart NZ Mid Cap ETF
Invests in New Zealand shares and is designed to track the return on the S&P/NZX Mid Cap Index.
Managed Funds
Smart
Australasian Equities
0.60%
0.60%
Market Driven
0% / 0%
0.70%
4.00%
14.89%
19.17%
8.45%
3.03%
8.85%
5
100% / 0%
Passive
Listed PIE
$147.89M
16/06/1997
Semi-annually
2 Days
3 Days
No
Smart NZ Property ETF
Invests in New Zealand property and is designed to track the return on the S&P/NZX Real Estate Select Index.
Managed Funds
Smart
Listed Property
0.54%
0.54%
Market Driven
0% / 0%
−2.21%
−3.62%
10.49%
12.07%
4.54%
−1.59%
5.34%
5
100% / 0%
Passive
Listed PIE
$104.76M
12/11/2015
Semi-annually
2 Days
3 Days
No
Smart NZ Top 10 ETF
Invests in New Zealand shares and is designed to track the return on the S&P/NZX 10 Index.
Managed Funds
Smart
Australasian Equities
0.60%
0.60%
Market Driven
0% / 0%
0.30%
1.86%
4.92%
−4.30%
4.66%
−0.45%
7.95%
5
100% / 0%
Passive
Listed PIE
$110.07M
11/06/1996
Semi-annually
2 Days
3 Days
No
Smart NZ Top 50 ETF
Invests in New Zealand shares and is designed to track the return on the S&P/NZX 50 Portfolio Index, which ha a 5% cap on the weight of each company.
Managed Funds
Smart
Australasian Equities
0.50%
0.50%
Market Driven
0% / 0%
0.68%
2.99%
9.72%
7.04%
5.95%
1.14%
8.49%
5
100% / 0%
Passive
Listed PIE
$631.72M
10/12/2004
Semi-annually
2 Days
3 Days
No
Smart S&P/NZX 50 ETF
Invests in New Zealand shares and is designed to track the return on the S&P/NZX 50 Gross with Imputation Index.
Managed Funds
Smart
Australasian Equities
0.20%
0.20%
Market Driven
0% / 0%
0.88%
2.85%
8.14%
3.33%
6.40%
0.99%
–
5
100% / 0%
Passive
Listed PIE
$209.43M
15/07/2020
Semi-annually
2 Days
3 Days
No
Smart Total World ETF
Invests in international shares and is designed to track the return on the FTSE Global All Cap Index.
Managed Funds
Smart
International Equities
0.40%
0.40%
Market Driven
0% / 0%
0.52%
4.00%
16.78%
18.81%
23.68%
15.21%
12.41%
5
100% / 0%
Passive
Listed PIE
$271.68M
29/07/2015
Semi-annually
2 Days
3 Days
No
Smart US 500 ETF
Invests in US shares and is designed to track the return on the S&P 500 Index.
Managed Funds
Smart
International Equities
0.34%
0.34%
Market Driven
0% / 0%
−0.86%
3.23%
15.79%
13.44%
25.95%
18.80%
15.38%
5
100% / 0%
Passive
Listed PIE
$1,029.43M
29/07/2015
Semi-annually
2 Days
3 Days
No
Smart US ESG ETF
Invests in US shares and is designed to track the return on the MSCI USA Screened Index.
Managed Funds
Smart
International Equities
0.34%
0.34%
Market Driven
0% / 0%
−0.27%
3.34%
16.84%
14.52%
28.10%
19.12%
–
5
100% / 0%
Passive
Listed PIE
$43.71M
06/06/2019
–
2 Days
3 Days
No
Smart US Large Growth ETF
Invests in US shares and is designed to track the return on the CRSP US Large Cap Growth Index.
Managed Funds
Smart
International Equities
0.51%
0.51%
Market Driven
0% / 0%
0.29%
2.85%
17.15%
15.77%
36.01%
19.05%
17.91%
6
100% / 0%
Passive
Listed PIE
$592.06M
29/07/2015
Semi-annually
2 Days
3 Days
No
Smart US Large Value ETF
Invests in US shares and is designed to track the return on the CRSP US Large Cap Value Index.
Managed Funds
Smart
International Equities
0.51%
0.51%
Market Driven
0% / 0%
0.57%
4.96%
14.28%
11.83%
15.88%
17.07%
11.73%
5
100% / 0%
Passive
Listed PIE
$55.45M
29/07/2015
Semi-annually
2 Days
3 Days
No
Smart US Mid Cap ETF
Invests in US shares and is designed to track the return on the CRSP US Mid Cap Index.
Managed Funds
Smart
International Equities
0.51%
0.51%
Market Driven
0% / 0%
1.04%
1.62%
10.20%
9.98%
17.40%
12.95%
11.52%
5
100% / 0%
Passive
Listed PIE
$52.94M
29/07/2015
Semi-annually
2 Days
3 Days
No
Smart US Small Cap ETF
Invests in US shares and is designed to track the return on the CRSP US Small Cap Index.
Managed Funds
Smart
International Equities
0.51%
0.51%
Market Driven
0% / 0%
0.11%
2.92%
14.93%
5.60%
16.47%
11.31%
10.58%
6
100% / 0%
Passive
Listed PIE
$43.26M
29/07/2015
Semi-annually
2 Days
3 Days
No
Squirrel Monthly Income Fund
The Fund is designed to provide investors with a regular income return generated through exposure to a diversified portfolio of loans predominately secured against registered first mortgages on residential property across New Zealand. Loan exposure is obtained by investing in the Squirrel Wholesale Funds scheme, whose funds obtain their loan exposure through investing via the Squirrel P2P platform operated by Squirrel. Assets of the Squirrel Wholesale Funds may include exposure to fractional and/or whole loans, as well as cash and cash equivalents.
Managed Funds
Squirrel
Other
2.00%
2.14%
0% / 0%
0% / 0%
0.51%
1.52%
3.22%
6.65%
7.24%
–
–
2
0% / 100%
Active
PIE
$178M
13/10/2021
Monthly
3 Days
30 Days
No
TAHITO Te Tai o Rehua Fund
The Fund is an indigenous ethical and sustainable fund. The Fund uses positive ESG integrated screens in selecting investments. Māori indigenous values and principles serve as the foundation to the Fund’s philosophy and investment selection process. The Fund will provide actively managed exposure to a portfolio of primarily New Zealand and Australian companies that have been selected in accordance with the TAHITO investment philosophy. The Fund aims to generate a better return than the benchmark over the medium to long term.
Managed Funds
TAHITO
Australasian Equities
1.27%
1.28%
0.22% / 0.22%
0% / 0%
−1.79%
−3.44%
−0.71%
2.69%
7.31%
–
–
5
98% / 2%
Active
PIE
$29.17M
17/06/2021
–
2 Days
2 Days
No
Te Ahumairangi Global Equity Fund
Te Ahumairangi Global Equity Fund is an actively managed fund dedicated to investing in global equity markets. Te Ahumairangi manages the fund with a particular focus on building a portfolio that should perform relatively well compared to other equity funds if equity markets are weak.
Managed Funds & KiwiSaver
Te Ahumairangi
International Equities
0.62%
0.62%
0.10% / 0.10%
0% / 0%
0.73%
5.49%
15.92%
24.31%
22.98%
–
–
4
98% / 2%
Active
PIE
$789.85M
05/11/2021
–
2 Days
2 Days
Yes
Vanguard International Shares Select Exclusions Index Fund
The Fund provides low-cost access to a broadly diversified range of securities that excludes companies involved in the production of tobacco, controversial weapons and companies that manufacture nuclear weapons, components that were developed or significantly modified for exclusive use in nuclear weapons, and companies that provide auxiliary services related to nuclear weapons. The Fund is exposed to the fluctuating values of foreign currencies, as there will not be any hedging of foreign currencies to the Australian dollar.
Managed Funds
Vanguard
International Equities
0.20%
N/A
0.06% / 0.06%
0.30% / 0%
0.55%
4.21%
17.07%
17.90%
25.50%
17.41%
–
N/A
100% / 0%
Passive
AUT
$1,837M
13/12/2016
Quarterly
2 Days
4 Days
No
Vanguard International Shares Select Exclusions Index Fund – Hedged – NZD Class
The Fund provides low-cost access to a broadly diversified range of securities that excludes companies involved in the production of tobacco, controversial weapons and companies that manufacture nuclear weapons, components that were developed or significantly modified for exclusive use in nuclear weapons, and companies that provide auxiliary services related to nuclear weapons. The Fund is hedged to New Zealand dollars so the value of the Fund is relatively unaffected by currency fluctuations for New Zealand investors.
Managed Funds
Vanguard
International Equities
0.26%
N/A
0.07% / 0.07%
0.30% / 0%
0.38%
3.24%
11.13%
17.91%
21.06%
12.46%
–
N/A
100% / 0%
Passive
AUT
$393.52M
13/12/2016
Quarterly
2 Days
4 Days
No
Important Information
For a description of what each column heading means, please click here.
The performance figures are for periods ending 30 November 2025.
Past performance is not a guarantee of future returns. Returns are after fees, before tax and denominated in NZD. Performance figures over 1 year are annualised.
Performance data is sourced from Morningstar or from the underlying fund manager.
For any funds offered within the InvestNow KiwiSaver Scheme, the fund performance figures outlined are for the underlying funds that it invests into.
Please note, the PDS fee is the manager’s estimated total annual fund charge as stated in the Product Disclosure Statement (PDS) for this fund. The Quarterly Fund Update (QFU) Fee is the latest actual total annual fund charge reported by the fund for its most recent financial year, as stated in the fund’s most recent Quarterly Fund Update. Both figures include any applicable GST as well as any performance-based fees if applicable.
Transaction-based charges may also apply when you buy or sell a fund, which could include buy/sell spreads (as outlined in the buy/sell spread column), entry/exit fees (denoted by * in the buy/sell spread column), or swing pricing adjustments (denoted by ** in the buy/sell spread column). Please see the PDS for full details on the charges that can apply.
Managed funds in New Zealand must have a standard risk indicator. The risk indicator is designed to help investors understand the uncertainties both for loss and growth that may affect their investment. You can compare funds using the risk indicator – 1 is lower risk and potentially lower returns, while 7 is higher risk and potentially higher returns.
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