How Clarity Funds Management Limited describe themselves:
We are a specialist funds management firm based in Takapuna, Auckland. We were originally established as a part of financial advisory firm JMI Wealth, and are today part of the larger Investment Services Group (ISG). ISG is a New Zealand firm, wholly owned by its employees and directors.
We offer a range of investment funds to suit a variety of different investment goals. The specialist funds available through us include New Zealand bonds, New Zealand and Trans-Tasman equities and global equities. We pursue an active investment approach, which means that each of the strategies are intended to outperform their respective benchmarks over the long term. As at May 2021, we have over $650mn in funds under management.
Below is the range of investment options from Clarity Funds Management Limited that are available through the InvestNow platform. To see a full range of managed fund investment options available on InvestNow, please click here.
Please note, Clarity Funds Management Limited is only available on InvestNow via the InvestNow KiwiSaver Scheme.
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’.
Underlying Fund
Description
Type
Manager
Sector
PDS
PDS Fee
QFU Fee
Buy/Sell Spread
Risk Indicator
Target Growth/Income Assets
Management Style
Distribution Frequency
Buy Timeframe
Sell Timeframe
Fund Type
Net Assets
Inception Date
1 Month
3 Months
6 Months
1 Year
3 Years
5 Years
10 Years
Smart Investor
External Website
Antipodes Global Value Fund – PIE
Provides exposure to a diversified portfolio of international shares which is actively managed. The investment objective is to achieve absolute returns in excess of the MSCI All Country World Net Index in NZ dollars over the investment cycle (typically 3-5 years).
Managed Funds & KiwiSaver
Antipodes
International Equities
0.95%
1.25%
0.075% / 0.075%
5
100% / 0%
Active
–
3 Days
4 Days
PIE
$66.72M
25/07/2018
1.32%
9%
8.84%
23.05%
11.41%
10.72%
–
Castle Point 5 Oceans Fund
Provides exposure to a diversified fund that invests in a range of growth and defensive assets both globally and locally. The underlying fund can invest both in direct securities and selected managed funds. Aims to outperform the NZ Official Cash Rate by 3% per annum over the medium to long-term, after all fees (and other expenses) but before tax.
Managed Funds & KiwiSaver
Castlepoint
Diversified
1.31%
1.09%
0.30% / 0.30%
4
55% / 45%
Active
Monthly
2 Days
2 Days
PIE
$81.27M
25/10/2016
1.17%
2.12%
4.97%
8.65%
3.10%
4.93%
–
Castle Point Trans-Tasman Fund
Provides exposure to an actively managed portfolio that typically invests in New Zealand and Australian listed companies. Aims to outperform the S&P/NZX 50 Index (incl Imputation Credits) over rolling three-year periods after all fees (and other expenses) but before tax.
Managed Funds & KiwiSaver
Castlepoint
Australasian Equities
1.07%
1.07%
0.30% / 0.30%
5
98% / 2%
Active
Quarterly
2 Days
2 Days
PIE
$15.97M
20/11/2018
2.3%
4.32%
7.66%
14.01%
−1.10%
3.80%
–
Clarity Global Shares Fund
Provides exposure to an actively managed global shares fund. The underlying investment manager uses a mix of fundamental and quantitative analysis to select companies. Aims to generate a better return than the MSCI All Country World ex-Tobacco Index (net dividends reinvested) in NZ dollars with 50% hedged to NZ dollars over the medium to long term.
KiwiSaver
Clarity
International Equities
1.06%
1.05%
0.09%**
5
98% / 2%
Active
–
2 Days
2 Days
PIE
$189.50M
03/04/2017
3.41%
6.75%
10.64%
31.79%
13.82%
13.48%
–
Fisher Funds Conservative Fund
Provides exposure to a diversified fund that aims to provide stable returns over the long term by investing mainly in income assets with a modest allocation to growth assets.
Managed Funds & KiwiSaver
Fisher
Diversified
0.93%
0.93%
0% / 0%
4
27.5% / 72.5%
Active
–
3 Days
3 Days
PIE
$109.48M
31/07/2018
1.70%
2.32%
6.08%
10.87%
–
–
–
Fisher Funds Growth Fund
Provides exposure to a diversified fund that aims to grow your investment over the long term by investing mainly in growth assets.
Managed Funds & KiwiSaver
Fisher
Diversified
1.04%
1.02%
0% / 0%
5
81% / 19%
Active
–
3 Days
3 Days
PIE
$318.98M
31/07/2018
3.95%
5.68%
10.04%
20.91%
5.35%
–
–
Foundation Series Balanced Fund
Provides exposure to a diversified fund that invests in a balance of income and growth assets. Aims to provide returns that are broadly in line with the return of the underlying fund’s investment benchmark before fees and tax over the long-term.
Managed Funds & KiwiSaver
Foundation Series
Diversified
0.37%
0.37%
0.08% / 0.11%
4
60% / 40%
Active
–
2 Days
2 Days
PIE
$24.32M
02/09/2020
3.16%
4.52%
9.11%
18.33%
4.94%
–
–
Foundation Series Growth Fund
Provides exposure to a diversified fund that invests in a portfolio weighted towards growth assets but with some income asset exposure. Aims to provide returns that are broadly in line with the return of the underlying fund’s investment benchmark before fees and tax over the long-term.
Managed Funds & KiwiSaver
Foundation Series
Diversified
0.37%
0.37%
0.10% / 0.11%
4
80% / 20%
Active
–
2 Days
2 Days
PIE
$45.34M
02/09/2020
3.86%
5.75%
10.68%
21.95%
6.59%
–
–
Foundation Series Hedged Total World Fund
Provides exposure to a single sector fund that invests into an Exchange-Traded Fund (‘ETF’) that in turn invests in shares of large, mid-sized and small companies listed on international stock markets. Aims to provide returns that are broadly in line with the return of the underlying fund’s investment benchmark before fees and tax over the long-term. The underlying fund aims to have all foreign currency exposure hedged to the New Zealand dollar.
Managed Funds & KiwiSaver
Foundation Series
International Equities
0.07%
0.07%
0.50% / 0.50%*
6
100% / 0%
Active
–
2 Days
2 Days
PIE
$23.74M
22/01/2024
4.48%
5.44%
10.38%
–
–
–
–
Foundation Series Hedged US 500 Fund
Provides exposure to a single sector fund that invests into an Exchange-Traded Fund (‘ETF’) that in turn invests in shares of the largest companies listed on stock markets in the United States. Aims to provide returns that are broadly in line with the return of the underlying fund’s investment benchmark before fees and tax over the long-term. The underlying fund aims to have all foreign currency exposure hedged to the New Zealand dollar.
Managed Funds & KiwiSaver
Foundation Series
International Equities
0.03%
0.03%
0.50% / 0.50%*
6
100% / 0%
Active
–
2 Days
2 Days
PIE
$16.08M
22/01/2024
5.83%
7.12%
14.39%
–
–
–
–
Foundation Series Total World Fund
Provides exposure to a single sector fund that invests into an Exchange-Traded Fund (ETF) that in turn invests in shares of large, mid-sized and small companies listed on international stock markets. Aims to provide returns that are broadly in line with the return of the underlying fund’s investment benchmark before fees and tax over the long-term.
Managed Funds & KiwiSaver
Foundation Series
International Equities
0.07%
0.07%
0.50% / 0.50%*
5
100% / 0%
Passive
–
2 Days
2 Days
PIE
$115.07M
31/10/2022
4.76%
10.10%
14.64%
31.84%
–
–
–
Foundation Series US 500 Fund
Provides exposure to a single sector fund that invests into an Exchange-Traded Fund (ETF) that in turn invests in shares of the largest companies listed on exchanges in the United States. Aims to provide returns that are broadly in line with the return of the underlying fund’s investment benchmark before fees and tax over the long-term.
Managed Funds & KiwiSaver
Foundation Series
International Equities
0.03%
0.03%
0.50% / 0.50%*
5
100% / 0%
Passive
–
2 Days
2 Days
PIE
$100.71M
31/10/2022
6.52%
13.35%
19.34%
39.72%
–
–
–
Generate Focused Growth Managed Fund
Provides exposure to a diversified fund that invests into a portfolio weighted toward growth assets, but with a small allocation to income assets. Aims to provide a higher growth investment return over the long term through investment in nearly all growth assets.
Managed Funds & KiwiSaver
Generate
Diversified
1.41%
1.41%
0% / 0%
5
95% / 5%
Active
–
3 Days
3 Days
PIE
$57.03M
01/11/2019
3.94%
6.27%
12.77%
28.24%
8.45%
8.82%
–
Harbour Active Growth Fund
Provides exposure to a diversified fund that invests in a portfolio weighted towards growth assets but with some income asset exposure. Aims to deliver returns in excess of the Official Cash Rate (OCR) plus 5% over rolling 5-year periods.
Managed Funds & KiwiSaver
Harbour
Diversified
1.05%
0.99%
0% / 0%
5
70% / 30%
Active
Monthly
2 Days
3 Days
PIE
$61.38M
01/11/2019
2.67%
4.39%
8.25%
15.86%
0.45%
4.85%
–
Harbour Australasian Equity Focus Fund
Provides exposure to a portfolio of actively managed New Zealand and Australian listed equities. The underlying fund is a high conviction fund where the portfolio will consist of companies Harbour have researched and have a high belief will perform over the medium to longer-term. Aims to deliver medium to long term capital growth through investing in quality businesses with strong growth prospects.
Managed Funds & KiwiSaver
Harbour
Australasian Equities
1.36%
1.16%
0% / 0%
6
95% / 5%
Active
–
2 Days
2 Days
PIE
$29.21M
10/04/2014
3.79%
9.16%
16.12%
27.43%
1.45%
7.33%
11.07%
Harbour NZ Core Fixed Interest Fund
Provides exposure to an actively managed investment grade portfolio that invests mainly in New Zealand Government bond and corporate bond fixed interest securities. Aims to outperform the Bloomberg NZBond Composite 0+ Yr Index by 100 basis points per annum over a rolling three year period.
Managed Funds & KiwiSaver
Harbour
New Zealand Fixed Interest
0.65%
0.65%
0% / 0%
3
0% / 100%
Active
Quarterly
2 Days
2 Days
PIE
$257.75M
24/05/2011
0.67%
0.85%
5.47%
8.86%
1.76%
0.86%
2.83%
Harbour T. Rowe Price Global Equity Fund
Provides exposure to an actively managed global shares fund that invests primarily in a portfolio of securities of companies which are traded, listed or due to be listed, on recognised exchanges and/or markets throughout the world. Aims to provide long-term capital appreciation.
Managed Funds & KiwiSaver
Harbour
International Equities
1.20%
1.20%
0% / 0%
5
98% / 2%
Active
–
2 Days
3 Days
PIE
$682.88M
21/10/2015
3.89%
9.28%
13.93%
31.64%
5.23%
12.26%
13.05%
Hunter Global Fixed Interest Fund
Provides exposure to an actively managed diversified portfolio of international fixed income securities, derivatives and cash. Aims to provide a total return, before costs and tax, 1% p.a. higher than the Bloomberg 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%
4
0% / 100%
Active
Semi-annually
2 Days
3 Days
PIE
$1,154.18M
15/03/2017
1.45%
0.87%
3.84%
7.62%
−0.64%
0.72%
–
Mercer All Country Global Shares Index Fund
Provides exposure to a passively managed global shares portfolio. The underlying fund targets a position of being 69% gross hedged to the NZ dollar. Aims to provide returns that closely match those of the MSCI All Country World ex-Tobacco Index with net dividends reinvested (69% gross hedged to the NZ dollar) over the minimum recommended investment timeframe.
Managed Funds & KiwiSaver
Mercer
International Equities
0.46%
0.46%
0.07% / 0.12%
5
100% / 0%
Passive
Semi-annually
2 Days
2 Days
PIE
$84.03M
27/11/2017
4.05%
6.15%
11.31%
27.19%
8.53%
11.25%
–
Mercer Ethical Leaders Balanced Fund
Provides exposure to a diversified fund that invests across asset types, with a slightly lower mix of income assets and slightly higher mix of growth assets. The underlying fund is managed to specific ‘responsible investment’ criteria. Aims to provide capital growth over the longer-term with moderate levels of volatility.
Managed Funds & KiwiSaver
Mercer
Diversified
1.32%
1.32%
0.12% / 0.12%
4
60% / 40%
Active
–
2 Days
2 Days
PIE
$36.72M
11/08/2009
1.61%
3.52%
6.86%
15.40%
3.15%
4.89%
5.66%
Mercer Ethical Leaders Hedged Global Fixed Interest Index Fund
Provides exposure to a passively managed international fixed interest portfolio. Aims to provide a return that closely matches the return of the Bloomberg MSCI Global Aggregate SRI Select ex-Fossil Fuels Index, fully hedged to the New Zealand dollar.
Managed Funds & KiwiSaver
Mercer
International Fixed Interest
0.44%
0.44%
0.16% / 0.06%
4
0% / 100%
Passive
Semi-annually
2 Days
2 Days
PIE
$542M
27/11/2017
1.18%
0.59%
4.58%
6.41%
−1.68%
−0.48%
–
Mercer Macquarie Global Listed Real Estate Fund
Provides exposure to an actively managed fund that invests in a global portfolio of property securities listed on stock exchanges around the world. Environmental, Social and Governance characteristics are integrated into the investment process. Aims to provide a gross return above the FTSE EPRA/NAREIT Developed Total Return Index with net dividends reinvested, fully hedged to New Zealand dollars, on a rolling three year basis.
Managed Funds & KiwiSaver
Mercer
Listed Property
1.36%
1.36%
0.25% / 0.25%
6
100% / 0%
Active
Semi-annually
2 Days
2 Days
PIE
$192.25M
29/11/2007
2.87%
3.08%
13.32%
17.89%
−2.56%
0.95%
4.14%
Mercer Macquarie NZ Cash Fund
Provides exposure to an actively managed portfolio of bank bills, floating rate notes and short term deposits and securities, that targets capital security and liquidity. Environmental, Social and Governance characteristics are integrated into the investment process where applicable. Aims to provide a gross return above the return of the Bloomberg NZBond Bank Bill Index on a rolling 12 month basis.
Managed Funds & KiwiSaver
Mercer
Cash and Cash Equivalents
0.30%
0.30%
0% / 0%
2
0% / 100%
Active
Monthly
2 Days
2 Days
PIE
$292.19M
01/06/1995
0.37%
1.23%
2.66%
5.58%
4.25%
2.75%
2.61%
Mercer Macquarie NZ Fixed Interest Fund
Provides exposure to an actively managed portfolio of fixed interest securities, focusing predominantly on government bonds and corporate securities in the New Zealand market. Environmental, Social and Governance characteristics are integrated into the investment process where applicable. Aims to provide a gross return above the return of the Bloomberg NZBond Composite 0+ Yr Index on a rolling three year basis.
Managed Funds & KiwiSaver
Mercer
New Zealand Fixed Interest
0.60%
0.60%
0.10% / 0.10%
3
0% / 100%
Active
Semi-annually
2 Days
2 Days
PIE
$270.63M
05/06/1995
0.49%
0.64%
5.09%
7.95%
1.23%
0.09%
2.60%
Mercer NZ Shares Passive Fund
Provides exposure to a passively managed New Zealand shares portfolio that is designed to track the return of the S&P/NZX 50 Index. Aims to provide a return that closely matches the return of the S&P/NZX 50 Index (on a gross basis and including imputation credits).
Managed Funds & KiwiSaver
Mercer
Australasian Equities
0.34%
0.34%
0.13% / 0.13%
5
100% / 0%
Passive
Semi-annually
2 Days
2 Days
PIE
$385.69M
27/11/2017
3.33%
5.25%
10.53%
15.89%
1.50%
3.38%
–
Milford Active Growth Fund
Provides exposure to a diversified fund that primarily invests in shares, with a moderate allocation to fixed interest securities. Aims to provide annual returns of 10% after the base fund fee1, but before tax and before the performance fee over the minimum recommended investment timeframe.
Managed Funds & KiwiSaver
Milford
Diversified
1.20%
1.87%
0.10%**
5
78% / 22%
Active
–
2 Days
2 Days
PIE
$4,227.9M
01/10/2007
3.28%
4.68%
8.59%
20.84%
7.67%
9.69%
10.43%
Milford Aggressive Fund
Provides exposure to a diversified fund that primarily invests in international shares, with a moderate allocation to Australasian shares. Aims to maximise capital growth after the base fund fee, but before tax over the minimum recommended investment timeframe.
Managed Funds & KiwiSaver
Milford
Diversified
1.15%
1.15%
0.09%**
5
95% / 5%
Active
Semi-annually
2 Days
2 Days
PIE
$2,538.65M
21/06/2021
4.51%
5.46%
8.66%
25.13%
7.19%
–
–
Milford Balanced Fund
Provides exposure to a diversified fund that primarily invests in shares, with a significant allocation to fixed interest securities. Aims to provide capital growth after the base fund fee1, but before tax and before the performance fee over the minimum recommended investment timeframe.
Managed Funds & KiwiSaver
Milford
Diversified
1.06%
1.28%
0.11%**
4
61% / 39%
Active
–
2 Days
2 Days
PIE
$2,013.43M
01/04/2010
2.34%
3.59%
6.62%
15.03%
5.50%
7.22%
8.31%
Milford Conservative Fund
Provides exposure to a diversified fund that primarily invests in fixed interest securities, with a moderate allocation to shares. Aims to provide moderate returns and protect capital over the minimum recommended investment timeframe.
Managed Funds & KiwiSaver
Milford
Diversified
0.85%
0.95%
0.10%**
3
18% / 82%
Active
Quarterly
2 Days
2 Days
PIE
$597.23M
01/09/2015
1.37%
2.00%
5.74%
11.02%
3.95%
3.64%
–
Mint Australasian Equity Fund
Provides exposure to an actively managed portfolio that typically invests in New Zealand and Australian listed equities. Aims to provide investors with superior returns with lower risk than the S&P/NZX 50 Gross Index over the medium to long-term.
Managed Funds & KiwiSaver
Mint
Australasian Equities
1.19%
1.19%
0% / 0%
5
95% / 5%
Active
–
3 Days
3 Days
PIE
$215.22M
15/02/2007
4.03%
6.20%
9.28%
20.13%
3.09%
4.27%
9.97%
Mint Diversified Growth Fund
Provides exposure to a diversified fund that invests primarily in New Zealand and international equities, but will also hold cash and fixed interest securities. Aims to deliver returns in excess of the Consumers Price Index (CPI) by 4.5% per annum, before fees, over the medium to long-term.
Managed Funds & KiwiSaver
Mint
Diversified
1.21%
1.18%
0% / 0%
5
80% / 20%
Active
–
3 Days
3 Days
PIE
$52.64M
10/12/2018
4.18%
4.62%
9.32%
18.26%
2.89%
8.19%
–
Mint Diversified Income Fund
Provides exposure to a diversified fund that invests across a number of asset classes both in New Zealand and internationally. These include cash, fixed interest, listed property, and equites. Aims 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.
Managed Funds & KiwiSaver
Mint
Diversified
0.98%
0.95%
0% / 0%
4
30% / 70%
Active
Quarterly
3 Days
3 Days
PIE
$57.28M
31/08/2014
1.48%
2.36%
7.11%
10.99%
2.44%
2.77%
4.30%
Pathfinder Ethical Growth Fund
Provides exposure to a diversified ethical portfolio with a higher exposure to growth assets and a lower exposure to income assets. Focuses on ethical investing to achieve medium to high returns with a higher risk focus
Managed Funds & KiwiSaver
Pathfinder
Diversified
1.33%
1.30%
0% / 0%
5
71.8% / 28.2%
Active
–
3 Days
3 Days
PIE
$68.17M
17/08/2020
3.86%
5.38%
8.43%
21.01%
4.93%
–
–
Russell Investments Global Fixed Interest Fund
Provides exposure to an actively managed diversified portfolio of international fixed income securities, derivatives and cash. Aims to provide a total return, before costs and tax, 1% p.a. higher than the Bloomberg Global Aggregate Index – 100% New Zealand dollar hedged over a rolling three year period.
Managed Funds & KiwiSaver
Russell
International Fixed Interest
0.59%
0.59%
0.15% / 0.15%
4
0% / 100%
Active
Semi-annually
3 Days
4 Days
PIE
$541.66M
21/12/2011
1.23%
0.06%
4.14%
6.17%
−1.79%
0.01%
2.20%
Russell Investments Global Shares Fund
Provides exposure to an international shares fund that is actively managed using a multi-manager approach. Aims to outperform the MSCI ACWI Index – Net, before costs and tax, over the long term (3 years plus).
Managed Funds & KiwiSaver
Russell
International Equities
0.89%
0.91%
0.18% / 0.13%
5
100% / 0%
Active
Semi-annually
3 Days
4 Days
PIE
$330.67M
14/11/2012
3.58%
8.22%
12.36%
27.05%
11.11%
11.31%
11.06%
Russell Investments Hedged Global Shares Fund
Provides exposure to an international shares fund that is actively managed using a multi-manager approach. The underlying fund targets being fully hedged back to NZ dollars. Aims to outperform the MSCI ACWI Index – 100% Hedged to NZD - Net, before costs and tax, over the long term (3 years plus).
Managed Funds & KiwiSaver
Russell
International Equities
0.92%
0.94%
0.20% / 0.15%
6
100% / 0%
Active
Semi-annually
3 Days
4 Days
PIE
$280.1M
24/07/2012
3.48%
3.67%
8.29%
22.81%
7.01%
9.37%
8.80%
Russell Investments NZ Fixed Interest Fund
Provides exposure to a diversified portfolio of predominantly investment grade New Zealand dollar denominated fixed interest securities. Aims to provide a total return, before costs and tax, higher than the Bloomberg NZBond Composite 0+ Yr Index over the long term (3 years plus).
Managed Funds & KiwiSaver
Russell
New Zealand Fixed Interest
0.49%
0.51%
0.10% / 0.15%
3
0% / 100%
Active
Semi-annually
3 Days
4 Days
PIE
$138.58M
14/02/2013
0.52%
0.70%
5.13%
8.26%
1.51%
0.40%
2.68%
Salt Enhanced Property Fund
Provides exposure to an actively managed portfolio of shares of New Zealand and Australian property trusts, companies and other property related securities with exposure to property and property-related sectors. Aims to outperform (after fees and expenses but before tax) the S&P/NZX All Real Estate (Industry Group) Gross Index over a full market cycle.
Managed Funds & KiwiSaver
Salt
Listed Property
1.05%
1.02%
0.20% / 0.20%
5
95% / 5%
Active
Semi-annually
3 Days
3 Days
PIE
$20.52M
11/11/2014
−1.30%
−3.78%
5.02%
6.55%
−3.42%
−0.44%
7.25%
Salt NZ Dividend Appreciation Fund
Provides exposure to an actively managed portfolio that invests predominantly in New Zealand shares that may pay high and sustainable dividends. Aims to outperform (after fees and expenses but before tax) the S&P/NZX 50 Gross Index on a rolling three-year basis.
Managed Funds & KiwiSaver
Salt
Australasian Equities
1.11%
1.08%
0.20% / 0.20%
5
100% / 0%
Active
Semi-annually
3 Days
3 Days
PIE
$100.25M
30/06/2015
3%
7.11%
14.38%
20.20%
4.63%
5.99%
–
Salt Sustainable Growth Fund
Aims to outperform the Reserve Bank of New Zealand's Consumer Price Index +5% p.a. benchmark on a rolling five-year basis by investing in a diversified mix of growth and defensive assets with a focus on securities with strong ESG credentials.
KiwiSaver
Salt
Diversified
1.12%
1.07%
0.20% / 0.20%
4
80% / 20%
Active
–
3 Days
3 Days
PIE
$70.56M
15/09/2021
2.69%
4.80%
12.23%
19.47%
5.11%
–
–
Smartshares Growth Fund
Provides exposure to a diversified fund that invests mostly in growth assets. It is designed for investors that want a growth investment option.
KiwiSaver
Smart
Diversified
0.51%
0.51%
0% / 0%
5
80% / 20%
Passive
–
2 Days
3 Days
PIE
$278.56M
28/10/2016
2.29%
5.51%
10.62%
20.65%
5.66%
6.71%
–
Te Ahumairangi Global Equity Fund
Invests in global equities across various listed equity markets. The investment objective is to outperform its benchmark index (50:50 combination of the MSCI World Index, and the MSCI Minimum Volatility Index optimised for NZ dollar based investors). Over the long-term (7+ years), also aims to deliver pre-tax post-fee returns of over 6.5% per annum, and to produce better returns than the broader global equity universe (as proxied by the MSCI World index), while at the same time achieving a significantly lower level of risk (which can be measured in terms of lower return volatility, and smaller drawdowns than the MSCI World Index).
Managed Funds & KiwiSaver
Te Ahumairangi
International Equities
0.62%
0.60%
0.10% / 0.10%
4
98% / 2%
Active
–
2 Days
2 Days
PIE
$421.9M
05/11/2021
2.92%
5.63%
11.81%
24.29%
15.24%
–
–
Important Information
For a description of what each column heading means, please click here.
The performance figures are for periods ending 30 November 2024.
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.
Latest news & updates from Clarity Funds Management Limited
Monthly Fund Commentary
April 2023
Economic data showed that April was a positive month for the global economy with growth remaining remarkably resilient in the…
