InvestNow Managed Funds Range

We’ve partnered with 30+ expert investment managers to offer you a great range of managed funds to invest in.

Through our online investor portal, we offer direct access to 150+ managed funds from a range of expert investment managers. We have both passive and active investment options across a wide range of asset classes – something to suit everyone. You can invest in funds on both a one-off basis, or by setting up a Regular Investment Plan.  For all funds on InvestNow, the investment minimum is $50 when part of your Regular Investment Plan, or $250 for one-off investments.

Please note, 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. The fund performance figures for the funds available in the InvestNow KiwiSaver scheme are the performance figures for the underlying fund that these funds invest in to.

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To see the funds available through the InvestNow KiwiSaver Scheme, filter “Yes” on the “Available on KiwiSaver?” search filter. To find out more about the InvestNow KiwiSaver Scheme, click here.

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Aims to provide a well-diversified portfolio that has a balance of risk through holding growth assets and an allocation to lower-risk income assets.
Aims 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.
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.
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.
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.
The Equity Selection Fund invests mainly in New Zealand and Australasian equities. Investments may include equities in companies that are listed or intend to list on the New Zealand or Australian stock exchanges, and cash and cash equivalents.
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.
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.
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.
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.
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.
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%).
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.
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.
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.
This Fund aims to generate capital growth over the long term by investing in those New Zealand and Australian listed companies that score highly on overall environmental, social and corporate governance performance. The Fund also employs an ethical screen that will exclude companies where more than 10% of business revenue is derived from the manufacture of alcohol, gambling, pornography and the exploration, extraction, refining or processing of fossil fuels. The Fund will also employ an ethical screen that will exclude companies where any business revenue is derived from the manufacturing of tobacco products or armaments.* *The Devon Sustainability Fund invests into the Devon Sustainability Wholesale Fund which holds the assets.
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.
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.
The Fund employs a value-based, opportunistic, and special-situations focused investment approach that is difficult to replicate in the wider Australia / New Zealand funds management industry; The Fund’s opportunity set is different and is not constrained by market capitalisation or geography. Accordingly, the Fund has a very high active share which indicates very little overlap with reference benchmark indices; The Fund’s investors are typically using the Fund to fulfill their global / international or alternative investment allocation needs and to supplement low-cost Exchange Traded Fund (ETF) portfolios.
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.
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.
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.
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.
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%).
The Global Fund aims to achieve capital growth over the long term by investing in international shares only.
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.
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.
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.
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.
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.
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.
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%).
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’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.
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 exclude 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.
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’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.
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.
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.
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 exclude 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 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.
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.
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.
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.
The objective of the Focused Growth Managed Fund is to provide a higher growth investment return over the long-term through investment in a portfolio of actively managed cash, fixed interest, property and infrastructure assets, Australasian equities and international equities.
A diversified fund designed to target a return of the Official Cash Rate plus 5% over rolling five year periods. 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.
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.
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.
A diversified portfolio of Australasian listed equities (usually 40 to 60), designed to generate consistent levels of income with less volatility than other equity funds. The stock picking process for this Fund blends a strong quantitative selection process with a qualitative research overlay.
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).
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.
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.
A fixed interest fund that is designed to provide income through the yields available from investment-grade New Zealand corporate bonds.
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.
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.
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.
This Fund is designed to track the S&P/NZX 50 Portfolio Index, with exclusions to companies that are exposed to large carbon emitters, alcohol, gambling, munitions, adult entertainment, nuclear armaments, firearms, tobacco and recreational cannabis, child labour and companies with human and animal right violations. There are also positive and negative tilts to the remaining companies based on Harbour’s proprietary Corporate Behaviour Score, which has been a core part of Harbour’s equity investment processes for over a decade.
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.
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.
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.
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.
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.
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.
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.
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.
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.
The fund invests in shares listed on share markets in emerging economies. The portfolio is managed using a single manager.
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.
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.
The fund is a diversified portfolio of Australian shares across a range of industries and sectors.
The fund is a diversified portfolio of highly rated global fixed interest securities. At the total portfolio level the fund will have a shorter maturity than most traditional fixed interest funds, with an emphasis on minimising capital loss.
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.
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.
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.
The fund is an actively managed portfolio of fixed interest securities, focusing predominantly on government bonds and corporate securities in the New Zealand market.
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.
The fund is a diversified fund that aims to generate a positive return above inflation and to actively respond to changing market conditions with a flexible approach to investing.
The fund is a passively managed New Zealand shares portfolio that is designed to track the return of the S&P/NZX 50 Index.
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).
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.
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).
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
The Nikko AM 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 equity markets from an actively managed investment portfolio. This fund has a high level of volatility.
The Nikko AM 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 provide investors with exposure to New Zealand and Australian equity markets from an actively managed investment portfolio with potential for growth of income and capital. This fund has a high level of volatility.
Aims to outperform the MSCI All Countries World Index (net dividends reinvested), expressed 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 has a high level of volatility.
Aims to outperform the MSCI All Countries World Index (net dividends reinvested), gross hedged 139% 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 with currency exposure created as a consequence of global equity investment hedged to the NZD. This fund has a very high level of volatility.
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 provide investors with regular income. Low to medium level of volatility.
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.
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).
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.
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.
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.
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.
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.
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.
The Fund is designed to achieve income and capital growth over a period exceeding five years. Investment predominantly in listed Australasian smaller and medium companies that pay dividends or will produce cash-flow available for future distributions and may also invest in other financial products such as cash and unlisted equities.
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.
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.
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.
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.
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.
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.
Russell Investments Global Shares Fund is a PIE Fund providing exposure to an actively managed global shares portfolio.
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.
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.
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.
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.
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.
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.
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.
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.
Invests in international shares and is designed to track the return on the FTSE Developed Asia Pacific All Cap Index.
Invests in Australian shares and is designed to track the return on the S&P/ASX Dividend Opportunities Index.
Invests in Australian shares and is designed to track the return on the S&P/ASX 200 Financials Ex-A-REIT Index.
Invests in Australian shares and is designed to track the return on the S&P/ASX Mid Cap 50 Index.
Invests in Australian property and is designed to track the return on the S&P/ASX 200 A-REIT Equal Weight Index.
Invests in Australian shares and is designed to track the return on the S&P/ASX 200 Resources Index.
Invests in Australian shares and is designed to track the return on the S&P/ASX 20 Index.
Invests in Australian shares and is designed to track the return on the S&P/ASX 200 Total Return Index.
Invests in international shares and is designed to track the return on the iSTOXX® FactSet Automation & Robotics Index.
Invests in emerging markets shares and is designed to track the return on the MSCI EM IMI ESG Screened Index.
Invests in international shares and is designed to track the return on the FTSE Emerging Markets All Cap China A Inclusion Index.
Invests in European shares and is designed to track the return on the MSCI Europe ESG Screened Index.
Invests in international shares and is designed to track the return on the FTSE Developed Europe All Cap Index.
Invests in international bonds and is designed to track the return on the Bloomberg Global Aggregate Bond Total Return Index Hedged NZD.
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.
Invests in international shares and is designed to track the return on the MSCI World Ex Australia Custom ESG Leaders Net Total Return Index.
Invests in international shares and is designed to track the return on the iSTOXX® FactSet Breakthrough Healthcare Index.
Invests in Japanese shares and is designed to track the return on the MSCI Japan ESG Screened Index.
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.
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.
Invests in New Zealand shares and is designed to track the return on the S&P/NZX 50 High Dividend Index.
Invests in New Zealand shares and is designed to track the return on the S&P/NZX Mid Cap Index.
Invests in New Zealand property and is designed to track the return on the S&P/NZX Real Estate Select Index.
Invests in New Zealand shares and is designed to track the return on the S&P/NZX 10 Index.
Invests in New Zealand shares and is designed to track the return on the S&P/NZX 50 Portfolio Index.
Invests in New Zealand shares and is designed to track the return on the S&P/NZX 50 Gross with Imputation Index.
Invests in international shares and is designed to track the return on the FTSE Global All Cap Index.
Invests in US shares and is designed to track the return on the S&P 500 Index.
Invests in US shares and is designed to track the return on the MSCI USA ESG Screened Index.
Invests in US shares and is designed to track the return on the CRSP US Large Cap Growth Index.
Invests in US shares and is designed to track the return on the CRSP US Large Cap Value Index.
Invests in US shares and is designed to track the return on the CRSP US Mid Cap Index.
Invests in US shares and is designed to track the return on the CRSP US Small Cap Index.
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.
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.
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.
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.
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.
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.
There is no description for this fund.
Fund Description 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 Available in the InvestNow KiwiSaver Scheme? 1 Month 3 Months 6 Months 1 Year 3 Years 5 Years 10 Years Smart Investor External Website
AMP Balanced Managed Fund Aims to provide a well-diversified portfolio that has a balance of risk through holding growth assets and an allocation to lower-risk income assets. Diversified 0.80% 0.80% 0% / 0% 4 59.5% / 40.5% Active – 2 Days 2 Days PIE $23.42M 18/05/2022 No −2.48% −1.70% 1.71% 6.24% – – –
AMP Growth Managed Fund Aims 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. Diversified 0.80% 0.80% 0% / 0% 4 80.5% / 19.5% Active – 2 Days 2 Days PIE $20.87M 18/05/2022 No −3.25% −2.62% 2.06% 6.59% – – –
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. International Equities 0.95% 1.25% 0.075% / 0.075% 5 100% / 0% Active – 3 Days 4 Days PIE $76.1M 25/07/2018 Yes −1.40% 5% 12.50% 14.56% 15.34% 15.20% –
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. Australasian Equities 1.11% 1.12% 0% / 0% 6 100% / 0% Active – 2 Days 2 Days PIE $19.17M 29/02/1996 No −4.52% −3.27% −6.51% −1.43% 2.32% 12.95% 3.61%
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. Diversified 0.99% 1.03% 0% / 0% 5 65% / 35% Active – 2 Days 2 Days PIE $44.71M 15/04/2010 No −2.36% −1.62% −0.55% 2.98% 2.73% 7.33% 5.87%
ANZ Investments OneAnswer Equity Selection Fund The Equity Selection Fund invests mainly in New Zealand and Australasian equities. Investments may include equities in companies that are listed or intend to list on the New Zealand or Australian stock exchanges, and cash and cash equivalents. Australasian Equities 1.14% 1.19% 0% / 0% 5 100% / 0% Active – 2 Days 2 Days PIE $8.93M 01/07/2004 No −3.73% −6.09% −1.41% 1.88% −0.63% 4.98% 4.09%
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. International Equities 1.06% 1.06% 0% / 0% 5 100% / 0% Active – 2 Days 2 Days PIE $165.23M 12/05/1997 No −4.16% −3.24% 7.50% 5.31% 9.08% 12.52% 10.62%
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. Australasian Equities 1.10% 1.09% 0% / 0% 5 100% / 0% Active – 2 Days 2 Days PIE $49.99M 31/03/1991 No −2.77% −6.49% −1.03% 1.18% 0.19% 3.95% 7.37%
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. Listed Property 1.10% 1.07% 0% / 0% 6 100% / 0% Active – 2 Days 2 Days PIE $54.32M 30/11/1994 No −4.22% −6.04% −7.81% −7.59% −7.21% 1.30% 4.05%
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. International Fixed Interest 0.76% 0.77% 0.075% / 0.075% 4 0% / 100% Active Semi-annually 2 Days 3 Days PIE $238.58M 27/03/2018 No −0.15% 2.20% −3.40% 0.23% −2.09% 1.95% –
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. Diversified 1.31% 1.09% 0.30% / 0.30% 4 55% / 45% Active Monthly 2 Days 2 Days PIE $83.08M 25/10/2016 Yes −0.38% 1.22% 2.88% 5.57% 3.12% 6.10% –
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%). Australasian Equities 1.07% 1.07% 0.30% / 0.30% 5 98% / 2% Active Quarterly 2 Days 2 Days PIE $13.16M 20/11/2018 Yes −2.06% −5.50% −1.95% 0.84% −0.70% 6.61% –
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. Australasian Equities 1.89% 2.42% 0% / 0% 5 0%-100% / 0%-100% Active Semi-annually 2 Days 2 Days PIE $152.4M 03/06/2010 No −4.66% −6.19% −5.81% −2.53% 4.91% 10.86% 6.79%
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. Australasian Equities 1.59% 1.29% 0% / 0% 6 80%-100% / 0%-20% Active Semi-annually 2 Days 2 Days PIE $10.71M 20/08/2010 No −4.35% −3.62% −4.90% 1.97% 6.20% 14.02% 7.12%
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. Australasian Equities 1.19% 1.00% 0% / 0% 5 90%-100% / 0%-10% Active Quarterly 2 Days 2 Days PIE $14.29M 20/12/2012 No −1.83% −1.91% −0.65% −0.88% 3% 10.68% 6.51%
Devon Sustainability Fund This Fund aims to generate capital growth over the long term by investing in those New Zealand and Australian listed companies that score highly on overall environmental, social and corporate governance performance. The Fund also employs an ethical screen that will exclude companies where more than 10% of business revenue is derived from the manufacture of alcohol, gambling, pornography and the exploration, extraction, refining or processing of fossil fuels. The Fund will also employ an ethical screen that will exclude companies where any business revenue is derived from the manufacturing of tobacco products or armaments.* *The Devon Sustainability Fund invests into the Devon Sustainability Wholesale Fund which holds the assets. Australasian Equities 1.30% 1.25% 0% / 0% 5 90%-100% / 0%-10% Active Semi-annually 2 Days 2 Days PIE $28.52M 01/09/2020 No −3.77% −5.97% −3.52% −0.74% 2.92% – –
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. Australasian Equities 1.60% 1.40% 0% / 0% 5 50%-100% / 0%-50% Active Semi-annually 2 Days 2 Days PIE $111.61M 30/09/1998 No −3.34% −4.90% −3.67% 1.06% 4.61% 11.27% 7.83%
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. Listed Property 0.98% N/A 0.15% / 0.15% N/A 98% / 2% Active Monthly 3 Days 3 Days AUT $24.47M 01/04/2020 No −2.22% 1.49% 6.11% 15.51% 4.36% 10.60% –
Elevation Capital Global Shares Fund The Fund employs a value-based, opportunistic, and special-situations focused investment approach that is difficult to replicate in the wider Australia / New Zealand funds management industry; The Fund’s opportunity set is different and is not constrained by market capitalisation or geography. Accordingly, the Fund has a very high active share which indicates very little overlap with reference benchmark indices; The Fund’s investors are typically using the Fund to fulfill their global / international or alternative investment allocation needs and to supplement low-cost Exchange Traded Fund (ETF) portfolios. International Equities 1.93% 2.04% 0% / 0% 6 95% / 5% Active Annually 6 Days (Month End) 6 Days (Month End) PIE $25.15M 09/12/2008 No −0.85% 9.87% 15.27% 7.74% 4.61% 11.41% 7.66%
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. International Equities 1.45% N/A 0.25% / 0.25% N/A 80%-100% / 0%-20% Active Semi-annually 3 Days 4 Days AUT $25.02M 01/03/2017 No −6.50% −6.75% 1.22% −0.30% 4.50% 11.15% –
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. Australasian Equities 1.51% 2.84% 0% / 0% 6 100% / 0% Active – 3 Days 3 Days PIE $98.96M 15/06/2005 No −7.99% −10.45% −10.03% −7.04% 4.61% 12.99% 8.75%
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. International Fixed Interest 1.24% 1.24% 0% / 0% 3 0% / 100% Active – 3 Days 3 Days PIE $99.95M 01/11/1990 No −0.53% 1.08% −0.07% 3.25% 0.04% −0.15% 1.27%
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. Cash and Cash Equivalents 0.85% 0.85% 0% / 0% 1 0% / 100% Active – 3 Days 3 Days PIE $12.08M 30/04/2008 No 0.32% 0.92% 2.08% 5.07% 4.24% 2.57% 2.33%
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%). Diversified 1.36% 1.36% 0% / 0% 3 27.5% / 72.5% Active – 3 Days 3 Days PIE $111.03M 31/07/2018 Yes −1.10% −0.25% 0.65% 4.55% 2.94% 3.14% –
Fisher Funds Global Fund The Global Fund aims to achieve capital growth over the long term by investing in international shares only. International Equities 1.65% 1.65% 0% / 0% 6 100% / 0% Active – 3 Days 3 Days PIE $151.86M 29/11/1985 No −5.00% −2.69% 2.52% 3.58% 7.27% 12.84% 8.16%
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. Diversified 1.47% 1.47% 0% / 0% 5 81% / 19% Active – 3 Days 3 Days PIE $307.85M 31/07/2018 Yes −4.04% −3.53% 0.00% 3.27% 5.14% 8.67% –
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. International Fixed Interest 1.01% 1.01% 0% / 0% 3 0% / 100% Active – 3 Days 3 Days PIE $43.79M 18/04/2011 No 0.39% 1.20% 2.48% 7.90% 5.15% 3.14% 3.28%
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. International Equities 1.45% 1.75% 0% / 0% 6 100% / 0% Active – 3 Days 3 Days PIE $95.39M 07/11/2007 No −8.46% −8.05% −2.48% −5.47% 3.67% 9.91% 9.29%
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. New Zealand Fixed Interest 0.98% 0.98% 0% / 0% 3 0% / 100% Active – 3 Days 3 Days PIE $81.05M 20/07/2011 No 0.23% 0.61% 1.28% 6.56% 2.92% 0.30% 2.41%
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. Australasian Equities 1.48% 1.43% 0% / 0% 6 100% / 0% Active – 3 Days 3 Days PIE $203.79M 10/08/1998 No −3.57% −6.82% 0.26% 9.40% 3.79% 8% 10.21%
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. International Equities 1.67% 1.57% 0% / 0% 5 100% / 0% Active – 3 Days 3 Days PIE $160.8M 05/12/2008 No −1.27% −0.11% 0.34% 4.35% 2.78% 10.29% 8.86%
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%). Australasian Equities 1.65% 1.65% 0% / 0% 6 100% / 0% Active – 3 Days 3 Days PIE $112.45M 29/11/1985 No −5.75% −8.90% −5.24% 1% 4.15% 10.06% 9.81%
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’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. Diversified 0.37% 0.37% 0.08% / 0.11% 4 60% / 40% Active – 2 Days 2 Days PIE $28.05M 02/09/2020 Yes −2.64% −1.88% 1.99% 6.43% 5.54% – –
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 exclude 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. International Equities 0.10% 0.10% 0.50% / 0.50%* 5 100% / 0% Passive – 2 Days 2 Days PIE $0.24M 04/03/2025 No -3.53% – – – – – –
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’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. Diversified 0.37% 0.37% 0.10% / 0.11% 4 80% / 20% Active – 2 Days 2 Days PIE $51.67M 02/09/2020 Yes −3.51% −2.92% 2.28% 6.75% 6.75% – –
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. International Equities 0.06% 0.07% 0.50% / 0.50%* 6 100% / 0% Active – 2 Days 2 Days PIE $31.1M 05/02/2024 Yes −4.02% −1.83% −0.39% 7.15% – – –
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. International Equities 0.03% 0.03% 0.50% / 0.50%* 6 100% / 0% Passive – 2 Days 2 Days PIE $21.14M 05/02/2024 Yes −5.65% −4.35% −2.15% 7.48% – – –
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 exclude 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 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. Diversified 0.37% 0.37% 0% / 0% 5 98% / 2% Passive – 2 Days 2 Days PIE $0.51M 04/03/2025 No -3.05% – – – – – –
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. International Equities 0.06% 0.07% 0.50% / 0.50%* 5 100% / 0% Passive – 2 Days 2 Days PIE $166.41M 07/11/2022 Yes −4.53% −2.04% 9.97% 13.05% – – –
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. International Equities 0.03% 0.03% 0.50% / 0.50%* 5 100% / 0% Passive – 2 Days 2 Days PIE $142.74M 07/11/2022 Yes −6.59% −5.30% 10.14% 14.44% – – –
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. International Equities 0.06% 0.06% 0.50% / 0.50%* 5 100% / 0% Passive Quarterly 2 Days 2 Days PIE $2.12M 04/03/2025 No 0.30% – – – – – –
Generate Focused Growth Managed Fund The objective of the Focused Growth Managed Fund is to provide a higher growth investment return over the long-term through investment in a portfolio of actively managed cash, fixed interest, property and infrastructure assets, Australasian equities and international equities. Diversified 1.41% 1.41% 0% / 0% 5 95% / 5% Active – 3 Days 3 Days PIE $63.04M 01/11/2019 Yes −5.65% −5.12% 0.49% 5.49% 8.35% 10.66% –
Harbour Active Growth Fund A diversified fund designed to target a return of the Official Cash Rate plus 5% over rolling five year periods. 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. Diversified 1.05% 0.99% 0% / 0% 5 70% / 30% Active Monthly 2 Days 3 Days PIE $54.73M 01/11/2019 Yes −3.54% −3.82% −1.51% 1.58% 1.48% 5.80% –
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. Australasian Equities 1.36% 1.16% 0% / 0% 6 95% / 5% Active – 2 Days 2 Days PIE $25.03M 10/04/2014 Yes −6.70% −8.59% −4.16% 2.65% 0.38% 10.88% 9.97%
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. Australasian Equities 1.10% 1.11% 0% / 0% 6 98% / 2% Active – 2 Days 2 Days PIE $132.72M 11/04/2010 No −3.84% −7.75% −3.04% 3.39% 0.73% 6.86% 9.09%
Harbour Australasian Equity Income Fund A diversified portfolio of Australasian listed equities (usually 40 to 60), designed to generate consistent levels of income with less volatility than other equity funds. The stock picking process for this Fund blends a strong quantitative selection process with a qualitative research overlay. Australasian Equities 1.08% 1.09% 0% / 0% 5 90% / 10% Active Quarterly 2 Days 2 Days PIE $37.21M 01/11/2011 No −3.26% −5.47% −4.47% −2.65% 0.49% 9.09% 6.76%
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). Diversified 0.67% 0.65% 0% / 0% 4 32% / 68% Active Monthly 2 Days 2 Days PIE $290.4M 28/10/2015 No −1.17% −1.79% 0.77% 5.96% 4.84% 6.58% –
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. Australasian Equities 1.53% 1.14% 0% / 0% 4 30% / 70% Active – 2 Days 2 Days PIE $7.65M 03/01/2019 No −2.32% −3.02% −1.30% 3.70% 2.38% 5.73% –
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. New Zealand Fixed Interest 0.65% 0.65% 0% / 0% 3 0% / 100% Active Quarterly 2 Days 2 Days PIE $282.39M 24/05/2011 Yes 0.03% 0.57% 1.43% 6.53% 3.21% 1.04% 2.67%
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. New Zealand Fixed Interest 0.47% 0.46% 0% / 0% 3 0% / 100% Active Quarterly 2 Days 2 Days PIE $519.69M 16/02/2009 No 0.45% 0.91% 2.22% 7.33% 4.27% 1.91% 3.08%
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. Australasian Equities 0.21% 0.21% 0% / 0% 5 99% / 1% Passive Annually 2 Days 2 Days PIE $545.11M 03/12/2014 No −2.60% −4.12% −0.26% 1.15% 0.04% 6.66% 7.79%
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. Listed Property 0.74% 0.77% 0% / 0% 6 97.5% / 2.5% Active Semi-annually 2 Days 2 Days PIE $122.93M 01/10/2018 No −4.36% −6.72% −7.68% −7.05% −5.23% 4.70% –
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. Diversified 1.13% 1.33% 0% / 0% 4 55%-72.5% / 27.5%-45% Active – 2 Days 2 Days PIE $8.17M 30/11/2021 No −2.99% −2.58% −2.00% 1.83% 2% – –
Harbour Sustainable NZ Shares Fund This Fund is designed to track the S&P/NZX 50 Portfolio Index, with exclusions to companies that are exposed to large carbon emitters, alcohol, gambling, munitions, adult entertainment, nuclear armaments, firearms, tobacco and recreational cannabis, child labour and companies with human and animal right violations. There are also positive and negative tilts to the remaining companies based on Harbour’s proprietary Corporate Behaviour Score, which has been a core part of Harbour’s equity investment processes for over a decade. Australasian Equities 0.26% 0.27% 0% / 0% 5 99% / 1% Active Semi-annually 2 Days 2 Days PIE $285.77M 07/04/2021 No −2.94% −5.26% −1.88% 0.50% 0.14% – –
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. International Equities 1.20% 1.20% 0% / 0% 5 98% / 2% Active – 2 Days 3 Days PIE $582.74M 21/10/2015 Yes −6.27% −5.58% 4.83% 7.31% 10.09% 13.04% 11.80%
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. International Equities 1.23% 1.24% 0% / 0% 6 95% / 5% Active – 2 Days 3 Days PIE $232.66M 01/10/2021 No −5.68% −5.09% −5.32% 2.14% 2.50% – –
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. 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 Yes −0.31% 1.50% 0.62% 4.35% 1.34% 1.28% –
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. International Equities 1.50% N/A 0.35% / 0.35% N/A 70%-100% / 0%-30% Active Annually 3 Days 4 Days AUT $77.81M 06/09/2016 No 6.58% −5.87% −3.87% 13.89% 14.26% 22.79% –
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. International Equities 1.05% 5.83% 0.10% / 0.10% 7 98% / 2% Active – 2 Days 2 Days PIE $15.88M 01/03/2021 No −12.28% −14.68% 10.31% 7.05% 18.78% – –
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. International Equities 0.46% 0.46% 0.07% / 0.12% 5 100% / 0% Passive Semi-annually 2 Days 2 Days PIE $82.02M 27/11/2017 Yes −0.41% 2.25% 8.54% 17.80% 11.25% 12.71% –
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. Listed Property 0.80% 0.80% 0.18% / 0.18% 7 100% / 0% Passive Semi-annually 2 Days 2 Days PIE $10.49M 01/06/1995 No −6.64% −8.20% −2.87% 7.63% 4.16% 3.30% 7.51%
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. International Equities 1.51% 1.51% 0.13% / 0.13% 5 100% / 0% Active – 2 Days 2 Days PIE $53.05M 26/11/2007 No −4.31% −1.90% 9.18% 10.93% 16.51% 17.21% 12.08%
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. International Equities 1.74% 1.74% 0.17% / 0.17% 6 100% / 0% Active – 2 Days 2 Days PIE $17.69M 26/11/2007 No −3.64% −1.45% −5.82% 2.05% 5.97% 14.44% 7.70%
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. International Equities 2.07% 2.07% 0.25% / 0.25% 5 100% / 0% Active – 2 Days 2 Days PIE $6.3M 01/11/2007 No −1.25% 2.84% 5.55% 12.69% 5.65% 7.61% 5.26%
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. International Equities 1.41% 1.41% 0.12% / 0.11% 5 100% / 0% Active – 2 Days 2 Days PIE $25.87M 13/12/1994 No −3.87% −1.37% 1.47% 7.27% 9.86% 14.93% 9.44%
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. Diversified 0.95% 1.00% 0.12% / 0.09% 4 40% / 60% Active – 2 Days 2 Days PIE $31.67M 30/06/2014 No −1.14% −1.75% −0.46% 2.50% 2.26% 5.73% 5.05%
Mercer Macquarie Australian Shares Fund The fund is a diversified portfolio of Australian shares across a range of industries and sectors. Australasian Equities 0.49% 0.49% 0.20% / 0.20% 6 100% / 0% Active – 2 Days 2 Days PIE $340.03M 17/09/1996 No −4.21% −3.37% −2.38% 3.81% 6.29% 13.95% 6.98%
Mercer Macquarie Global Income Opportunities Fund The fund is a diversified portfolio of highly rated global fixed interest securities. At the total portfolio level the fund will have a shorter maturity than most traditional fixed interest funds, with an emphasis on minimising capital loss. International Fixed Interest 1.17% 1.17% 0.13% / 0.13% 3 0% / 100% Active Semi-annually 2 Days 2 Days PIE $8.24M 11/05/2012 No 0.65% 1.36% 2.27% 5.81% 3.22% 1.75% 2.17%
Mercer Macquarie 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. Other 1.36% 1.36% 0.25% / 0.25% 6 100% / 0% Active Semi-annually 2 Days 2 Days PIE $174.62M 07/09/2012 No 1.69% −3.56% 0.97% 12.85% 5.21% 5.37% 6.02%
Mercer Macquarie 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. Listed Property 1.36% 1.36% 0.25% / 0.25% 6 100% / 0% Active Semi-annually 2 Days 2 Days PIE $166.71M 29/11/2007 Yes 1.85% −3.05% −0.06% 9.74% −2.33% 0.90% 3.17%
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. Cash and Cash Equivalents 0.30% 0.30% 0% / 0% 2 0% / 100% Active Monthly 2 Days 2 Days PIE $324.77M 01/06/1995 Yes 0.33% 1.09% 2.33% 5.26% 4.55% 2.90% 2.63%
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. New Zealand Fixed Interest 0.60% 0.60% 0.07% / 0.07% 3 0% / 100% Active Semi-annually 2 Days 2 Days PIE $233.68M 05/06/1995 Yes 0.66% 1.32% 1.97% 7.30% 2.04% 0% 2.42%
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. New Zealand Fixed Interest 0.64% 0.64% 0.05% / 0.05% 2 0% / 100% Active Semi-annually 2 Days 2 Days PIE $58.67M 28/09/2007 No 0.36% 1.52% 2.87% 7.26% 3.85% 2.19% 2.94%
Mercer Macquarie Real Return Opportunities Fund The fund is a diversified fund that aims to generate a positive return above inflation and to actively respond to changing market conditions with a flexible approach to investing. Diversified 1.50% 1.50% 0.13% / 0.14% 4 0% / 100% Active Semi-annually 2 Days 2 Days PIE $3.95M 11/12/2013 No −1.67% −0.37% −0.33% 2.62% 1.64% 4.05% 2.90%
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. Australasian Equities 0.34% 0.34% 0.13% / 0.13% 5 100% / 0% Passive Semi-annually 2 Days 2 Days PIE $356.67M 27/11/2017 Yes −3.00% −3.52% 1.54% 7.87% 2.32% 2.74% –
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). International Equities 1.53% 1.53% 0.15% / 0.10% 5 100% / 0% Active – 2 Days 2 Days PIE $12.06M 06/11/2007 No −4.98% −4.21% 0.64% 5.92% 8.61% 14.39% 8.06%
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. International Fixed Interest 0.44% 0.44% 0.16% / 0.06% 4 0% / 100% Passive Semi-annually 2 Days 2 Days PIE $542.31M 27/11/2017 Yes 1.24% 0.36% 0.95% 4.88% −0.37% −0.84% –
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). Australasian Equities 0.91% 0.91% 0.25% / 0.25% 5 100% / 0% Active – 2 Days 2 Days PIE $34.12M 12/12/2012 No −3.92% −7.67% −2.30% 3.98% 1.22% 7.26% 9.10%
Mercer Sustainable 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. Diversified 1.32% 1.32% 0.12% / 0.12% 4 60% / 40% Active – 2 Days 2 Days PIE $32.25M 11/08/2009 Yes −2.21% −2.07% −0.15% 3.46% 3.17% 7.20% 5.03%
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. Diversified 1.20% 1.87% 0.10%** 5 78% / 22% Active – 2 Days 2 Days PIE $4,286.51M 01/10/2007 Yes −2.55% 0.29% 2.77% 6.60% 7.58% 12.47% 9.68%
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. Diversified 1.15% 1.15% 0.09%** 5 95% / 5% Active Semi-annually 2 Days 2 Days PIE $2,595.58M 21/06/2021 Yes −4.74% −2.31% 0.47% 3.54% 7.30% – –
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. Australasian Equities 1.25% 1.05% 0.11%** 4 82.5% / 17.5% Active – 2 Days 2 Days PIE $360.23M 01/03/2018 No −1.14% −1.58% −5.00% −3.67% 1.68% 9.24% –
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. Diversified 1.06% 1.28% 0.11%** 4 61% / 39% Active – 2 Days 2 Days PIE $2,021.89M 01/04/2010 Yes −1.23% 0.43% 2.72% 6.40% 5.82% 9.32% 7.62%
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. Cash and Cash Equivalents 0.20% 0.20% 0.00%** 1 0% / 100% Active – 2 Days 2 Days PIE $837.67M 01/03/2019 No 0.33% 1.05% 2.29% 5.21% 4.72% 3.01% –
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. Diversified 0.85% 0.95% 0.10%** 3 18% / 82% Active Quarterly 2 Days 2 Days PIE $671.82M 01/09/2015 Yes −0.25% 1.12% 2.23% 7.16% 5.07% 4.75% –
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. Diversified 0.85% 0.65% 0.12%** 4 40% / 60% Active Quarterly 2 Days 2 Days PIE $2,806.08M 01/04/2010 No 0.42% 1.52% 2.37% 8.14% 5.06% 6.71% 6.85%
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. International Fixed Interest 0.85% 0.85% 0.11%** 3 0% / 100% Active – 2 Days 2 Days PIE $428.14M 01/02/2017 No −0.42% 1.62% −0.38% 5.77% 3.24% 2.90% –
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. International Equities 1.35% 1.35% 0.07%** 6 95% / 5% Active Quarterly 2 Days 2 Days PIE $1,356.65M 12/04/2013 No −5.29% −2.27% 2.11% 2.69% 7.16% 12.62% 8.56%
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. New Zealand Fixed Interest 0.65% 0.65% 0.11%** 3 0% / 100% Active – 2 Days 2 Days PIE $1,377.75M 02/12/2013 No 0.39% 1.37% 2.05% 6.80% 4.83% 2.66% 3.61%
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. Australasian Equities 1.05% 1.05% 0.14%** 5 95% / 5% Active Quarterly 2 Days 2 Days PIE $722.37M 01/10/2007 No −4.30% −6.83% −4.73% 0.05% 3.34% 10.11% 9.83%
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. Australasian Equities 1.19% 1.19% 0% / 0% 5 95% / 5% Active – 3 Days 3 Days PIE $201.59M 15/02/2007 Yes −3.93% −6.59% −0.84% 3% 2.77% 4.68% 8.49%
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. Listed Property 1.05% 1.05% 0% / 0% 5 95% / 5% Active – 3 Days 3 Days PIE $15.96M 31/12/2007 No −4.21% −5.60% −8.04% −8.05% −5.80% 1.84% 4.18%
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. Diversified 1.21% 1.18% 0% / 0% 5 80% / 20% Active – 3 Days 3 Days PIE $49.69M 10/12/2018 Yes −5.34% −2.81% −1.30% 2.68% 3.21% 9.59% –
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. Diversified 0.98% 0.95% 0% / 0% 4 30% / 70% Active Quarterly 3 Days 3 Days PIE $59.79M 31/08/2014 Yes −1.79% −0.76% 0.85% 5.57% 3.40% 3.96% 3.88%
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. Australasian Equities 0.95% 0.95% 0% / 0% 5 95% / 5% Active – 3 Days 3 Days PIE $78.41M 12/10/2017 No −3.23% −7.03% −0.57% 2.33% 1.67% 5.59% –
Nikko AM Concentrated Equity Fund The Nikko AM 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 equity markets from an actively managed investment portfolio. This fund has a high level of volatility. Australasian Equities 1.15% 1.15% 0.29% / 0.29% 5 100% / 0% Active Semi-annually 2 Days 2 Days PIE $18.33M 21/08/2006 No −5.74% −9.34% −5.46% −5.10% 0.00% 5.64% 7.61%
Nikko AM Core Equity Fund The Nikko AM 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 provide investors with exposure to New Zealand and Australian equity markets from an actively managed investment portfolio with potential for growth of income and capital. This fund has a high level of volatility. Australasian Equities 0.95% 0.95% 0.29% / 0.29% 5 100% / 0% Active Semi-annually 2 Days 2 Days PIE $23.8M 05/05/2010 No −3.19% −7.74% −2.39% 0.04% 0.97% 5.54% 8.65%
Nikko AM Global Shares Fund Aims to outperform the MSCI All Countries World Index (net dividends reinvested), expressed 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 has a high level of volatility. International Equities 1.20% 1.20% 0.07% / 0.07% 5 100% / 0% Active – 2 Days 2 Days PIE $134.81M 22/08/2017 No −4.24% −3.16% 9.55% 13.84% 13.11% 15.77% –
Nikko AM Global Shares Hedged Fund Aims to outperform the MSCI All Countries World Index (net dividends reinvested), gross hedged 139% 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 with currency exposure created as a consequence of global equity investment hedged to the NZD. This fund has a very high level of volatility. International Equities 1.20% 1.20% 0.07% / 0.07% 6 100% / 0% Active – 2 Days 2 Days PIE $201.35M 10/05/2019 No −3.37% −2.48% −0.45% 8.08% 4.00% 14.11% –
Nikko AM 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 provide investors with regular income. Low to medium level of volatility. New Zealand Fixed Interest 0.70% 0.70% 0% / 0% 3 0% / 100% Active Quarterly 2 Days 2 Days PIE $408.27M 13/07/2009 No 0.41% 0.76% 1.71% 7.10% 4.43% 2.36% 3.54%
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. Australasian Equities 1.17% 1.17% 0% / 0% 6 95% / 5% Active – 3 Days 3 Days PIE $95.77M 26/06/2008 No −3.62% −3.91% −5.05% 0.13% 5.61% 13.33% 6.66%
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). Diversified 1.17% 1.17% 0% / 0% 4 55% / 45% Active – 3 Days 3 Days PIE $44.04M 11/12/2020 No −1.83% −1.01% 0.12% 3.82% 3.97% – –
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. Australasian Equities 1.17% 1.17% 0% / 0% 5 95% / 5% Active – 3 Days 3 Days PIE $116.29M 26/06/2008 No −2.36% −6.46% −1.49% −0.46% 0.50% 6.26% 8.82%
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. Diversified 1.33% 1.30% 0% / 0% 5 71.8% / 28.2% Active – 3 Days 3 Days PIE $69.21M 17/08/2020 Yes −3.76% −4.16% −1.38% 2.92% 4.82% – –
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. Australasian Equities 1.02% 1.02% 0% / 0% 5 100% / 0% Active – 3 Days 3 Days PIE $11.66M 18/09/2019 No −4.50% −9.32% −6.63% 2.91% 1.82% 9.11% –
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. Listed Property 1.02% 1.02% 0.05% / 0.05% 6 100% / 0% Active – 3 Days 3 Days PIE $14.42M 23/07/2015 No −3.71% −2.26% −5.19% 2.66% −2.08% 3.64% –
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. International Equities 0.94% 0.94% 0% / 0% 5 100% / 0% Active – 3 Days 3 Days PIE $90.94M 02/10/2017 No −5.98% −5.26% −1.78% 0.28% 7.99% 12.81% –
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. International Equities 1.32% 1.31% 0.05% / 0.05% 6 100% / 0% Active – 3 Days 3 Days PIE $60.83M 21/04/2010 No −2.74% −2.96% −5.41% −3.50% 5.78% 10.35% 8.11%
Pie Australasian Dividend Growth Fund The Fund is designed to achieve income and capital growth over a period exceeding five years. Investment predominantly in listed Australasian smaller and medium companies that pay dividends or will produce cash-flow available for future distributions and may also invest in other financial products such as cash and unlisted equities. Australasian Equities 1.88% 1.85% 0% / 0% 6 100% / 0% Active Semi-annually 3 Days 10 Days PIE $322.42M 16/09/2011 No −7.47% −4.29% −4.98% −4.13% 3.40% 17.27% 11.65%
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. International Equities 1.52% 1.47% 0% / 0% 5 100% / 0% Active – 3 Days 10 Days PIE $346.46M 01/05/2018 No −7.21% −6.50% −6.36% −1.15% 4.59% 7.71% –
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. International Equities 1.89% 1.86% 0% / 0% 5 100% / 0% Active – 3 Days 10 Days PIE $148.48M 01/11/2016 No −7.55% −8.18% −5.14% −3.86% −0.27% 9.64% –
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. Diversified 0.76% 0.76% 0% / 0% 3 20% / 80% Active Quarterly 2 Days 2 Days PIE $210.6M 30/09/2014 No 0.13% 0.81% 1.81% 6.28% 5.03% 4.75% 4.62%
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. Australasian Equities 1.28% 1.27% 0% / 0% 5 100% / 0% Active – 2 Days 2 Days PIE $169.33M 30/11/2010 No −2.91% −6.57% −2.30% 0.37% 0.92% 5.15% 8.79%
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. International Fixed Interest 0.58% 0.59% 0.20% / 0.20% 4 0% / 100% Active Semi-annually 3 Days 4 Days PIE $550.52M 21/12/2011 Yes −0.23% 1.64% −0.81% 3.33% 0.14% 0.27% 1.89%
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. Other 0.97% 1.06% 0.15% / 0.10% 6 100% / 0% Active Semi-annually 3 Days 4 Days PIE $130.46M 17/03/2022 No 0.27% 3.75% 3.03% 15.03% 5.62% – –
Russell Investments Global Shares Fund Russell Investments Global Shares Fund is a PIE Fund providing exposure to an actively managed global shares portfolio. International Equities 0.86% 0.91% 0.12% / 0.10% 5 100% / 0% Active Semi-annually 3 Days 4 Days PIE $292.95M 14/11/2012 Yes −4.29% −0.88% 9.64% 11.72% 13.02% 15.25% 10.63%
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. International Equities 0.88% 0.94% 0.14% / 0.12% 6 100% / 0% Active Semi-annually 3 Days 4 Days PIE $246.51M 24/07/2012 Yes −3.84% −0.64% −0.95% 5.99% 6.17% 14.11% 7.94%
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. International Equities 0.29% 0.34% 0.14% / 0.12% 6 100% / 0% Active Semi-annually 3 Days 4 Days PIE $543.85M 14/12/2021 No −4.57% −2.17% −0.90% 7.57% 7.00% – –
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. New Zealand Fixed Interest 0.50% 0.51% 0.08% / 0.08% 3 0% / 100% Active Semi-annually 3 Days 4 Days PIE $150.07M 14/02/2013 Yes 0.15% 0.68% 1.32% 6.32% 3.01% 0.72% 2.50%
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. Australasian Equities 0.79% 0.80% 0.30% / 0.30% 5 100% / 0% Active Semi-annually 3 Days 4 Days PIE $198.56M 14/02/2013 No −2.42% −6.21% −0.96% 1.30% 0.63% 5.25% 8.24%
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. International Equities 0.30% 0.32% 0.12% / 0.10% 5 100% / 0% Active Semi-annually 3 Days 4 Days PIE $281.82M 14/12/2021 No −5.02% −2.42% 9.56% 13.13% 14.00% – –
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. Listed Property 1.05% 1.02% 0.20% / 0.20% 5 95% / 5% Active Semi-annually 3 Days 3 Days PIE $18.48M 11/11/2014 Yes −3.17% −2.98% −4.53% −4.78% −5.24% 2.81% 5.71%
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. Australasian Equities 2.17% 2.12% 0.20% / 0.20% 4 30% / 70% Active – 3 Days 3 Days PIE $106.93M 30/06/2014 No 0.95% 4.63% 5.20% 22.07% 12.81% 19.07% 10.61%
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. Australasian Equities 1.11% 1.08% 0.20% / 0.20% 5 100% / 0% Active Semi-annually 3 Days 3 Days PIE $98.99M 30/06/2015 Yes −2.17% −4.47% 1.01% 8.26% 4.33% 8.06% –
Smart Asia Pacific ETF Invests in international shares and is designed to track the return on the FTSE Developed Asia Pacific All Cap Index. International Equities 0.55% 0.55% Market Driven 5 100% / 0% Passive Semi-annually 2 Days 3 Days Listed PIE $54.92M 29/07/2015 No −2.23% 0.67% 5.05% 1.84% 7.99% 8.10% –
Smart Australian Dividend ETF Invests in Australian shares and is designed to track the return on the S&P/ASX Dividend Opportunities Index. Australasian Equities 0.54% 0.54% Market Driven 6 100% / 0% Passive Semi-annually 2 Days 3 Days Listed PIE $36.08M 16/12/2014 No −3.39% −1.16% −0.60% 2.98% 6.72% 13.26% 4.86%
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. Australasian Equities 0.54% 0.54% Market Driven 6 100% / 0% Passive Semi-annually 2 Days 3 Days Listed PIE $36.33M 07/04/2015 No −4.59% −4.36% 2.98% 16.16% 11.48% 19.45% –
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. Australasian Equities 0.75% 0.75% Market Driven 6 100% / 0% Passive Semi-annually 2 Days 3 Days Listed PIE $142.18M 27/04/2004 No −4.14% −3.50% −2.10% 3.91% 4.31% 16.56% 9.50%
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. Listed Property 0.54% 0.54% Market Driven 7 100% / 0% Passive Semi-annually 2 Days 3 Days Listed PIE $35.9M 16/12/2014 No −4.37% −0.36% −7.53% 0.34% −1.49% 9.28% 5.05%
Smart Australian Resources ETF Invests in Australian shares and is designed to track the return on the S&P/ASX 200 Resources Index. Australasian Equities 0.54% 0.54% Market Driven 6 100% / 0% Passive Semi-annually 2 Days 3 Days Listed PIE $57.89M 07/04/2015 No −0.46% −0.02% −9.91% −8.77% −0.37% 14.77% –
Smart Australian Top 20 ETF Invests in Australian shares and is designed to track the return on the S&P/ASX 20 Index. Australasian Equities 0.60% 0.60% Market Driven 6 100% / 0% Passive – 2 Days 3 Days Listed PIE $159.46M 27/02/1997 No −3.86% −4.33% −3.88% 3.72% 6.66% 13.39% 6.56%
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. Australasian Equities 0.30% 0.30% Market Driven 6 100% / 0% Passive Semi-annually 2 Days 3 Days Listed PIE $212.07M 15/07/2020 No −3.97% −3.62% −2.21% 4.58% 6.19% – –
Smart Automation and Robotics ETF Invests in international shares and is designed to track the return on the iSTOXX® FactSet Automation & Robotics Index. International Equities 0.75% 0.75% Market Driven 6 100% / 0% Passive – 2 Days 3 Days Listed PIE $51.82M 06/06/2019 No −9.80% −7.93% 6.28% −1.56% 8.67% 14.60% –
Smart Emerging Markets ESG ETF Invests in emerging markets shares and is designed to track the return on the MSCI EM IMI ESG Screened Index. International Equities 0.59% 0.59% Market Driven 5 100% / 0% Passive Semi-annually 2 Days 3 Days Listed PIE $90.26M 06/06/2019 No −2.52% 1.67% 4.66% 12.81% 7.56% 8.66% –
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. International Equities 0.59% 0.59% Market Driven 5 100% / 0% Passive – 2 Days 3 Days Listed PIE $157.4M 29/07/2015 No −2.58% 0.32% 6.24% 16.94% 7.95% 8.69% –
Smart Europe ESG ETF Invests in European shares and is designed to track the return on the MSCI Europe ESG Screened Index. International Equities 0.55% 0.55% Market Driven 5 100% / 0% Passive Semi-annually 2 Days 3 Days Listed PIE $12.86M 06/06/2019 No −0.34% 10.01% 10.90% 12.61% 14.74% 13.62% –
Smart Europe ETF Invests in international shares and is designed to track the return on the FTSE Developed Europe All Cap Index. International Equities 0.55% 0.55% Market Driven 5 100% / 0% Passive Quarterly 2 Days 3 Days Listed PIE $89.56M 29/07/2015 No −0.52% 9.75% 11.09% 13.15% 13.66% 13.39% –
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. International Fixed Interest 0.30% 0.30% Market Driven 3 0% / 100% Passive Quarterly 2 Days 3 Days Listed PIE $212.03M 06/06/2019 No 0.08% 0.58% −0.01% 4.28% 0.66% −0.69% –
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. International Fixed Interest 0.54% 0.54% Market Driven 4 0% / 100% Active – 2 Days 3 Days Listed PIE $159.05M 12/11/2015 No −0.45% 0.92% 0.36% 2.88% 0.98% 1.24% –
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. International Equities 0.54% 0.54% Market Driven 5 100% / 0% Passive – 2 Days 3 Days Listed PIE $236.74M 06/06/2019 No −6.12% −7.47% 4.10% 6.71% 12.91% 15.26% –
Smart Healthcare Innovation ETF Invests in international shares and is designed to track the return on the iSTOXX® FactSet Breakthrough Healthcare Index. International Equities 0.75% 0.75% Market Driven 6 100% / 0% Passive – 2 Days 3 Days Listed PIE $19.96M 06/06/2019 No −7.38% −4.33% 1.92% 0.03% 1.62% 4.75% –
Smart Japan ESG ETF Invests in Japanese shares and is designed to track the return on the MSCI Japan ESG Screened Index. International Equities 0.55% 0.55% Market Driven 5 100% / 0% Passive Quarterly 2 Days 3 Days Listed PIE $8.56M 06/06/2019 No −3.35% 0.26% 8.61% 2.39% 11.38% 8.27% –
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. New Zealand Fixed Interest 0.54% 0.54% Market Driven 3 0% / 100% Active Quarterly 2 Days 3 Days Listed PIE $441.91M 12/11/2015 No 0.30% 0.57% 2.49% 6.28% 3.30% 2.09% –
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. Cash and Cash Equivalents 0.20% 0.20% Market Driven 2 0% / 100% Active Semi-annually 2 Days 3 Days Listed PIE $617.69M 12/11/2015 No 0.36% 0.90% 2.59% 6.09% 4.31% 2.90% –
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. Australasian Equities 0.54% 0.54% Market Driven 6 100% / 0% Passive Semi-annually 2 Days 3 Days Listed PIE $73.21M 07/04/2015 No −2.35% −5.75% −1.50% −2.90% −1.02% 6.78% –
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. Australasian Equities 0.60% 0.60% Market Driven 5 100% / 0% Passive Semi-annually 2 Days 3 Days Listed PIE $130.39M 16/06/1997 No −1.78% 0.91% 3.95% 5.98% −0.19% 6.95% 8.34%
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. Listed Property 0.54% 0.54% Market Driven 6 100% / 0% Passive Semi-annually 2 Days 3 Days Listed PIE $106.56M 12/11/2015 No −3.41% −5.39% −6.45% −5.36% −6.77% 0.78% –
Smart NZ Top 10 ETF Invests in New Zealand shares and is designed to track the return on the S&P/NZX 10 Index. Australasian Equities 0.60% 0.60% Market Driven 5 100% / 0% Passive Semi-annually 2 Days 3 Days Listed PIE $108.12M 11/06/1996 No −2.97% −11.53% −5.15% −1.25% 1.42% 2.94% 7.71%
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. Australasian Equities 0.50% 0.50% Market Driven 5 100% / 0% Passive Semi-annually 2 Days 3 Days Listed PIE $604.68M 10/12/2004 No −3.08% −5.25% −0.80% 0.96% −0.30% 6.31% 8.08%
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. Australasian Equities 0.20% 0.20% Market Driven 5 100% / 0% Passive Semi-annually 2 Days 3 Days Listed PIE $653.99M 15/07/2020 No −2.88% −7.36% −1.73% 2.31% 1.12% – –
Smart Total World ETF Invests in international shares and is designed to track the return on the FTSE Global All Cap Index. International Equities 0.40% 0.40% Market Driven 5 100% / 0% Passive Semi-annually 2 Days 3 Days Listed PIE $168.13M 29/07/2015 No −6.11% −4.45% 7.87% 9.89% 12.47% 15.14% –
Smart US 500 ETF Invests in US shares and is designed to track the return on the S&P 500 Index. International Equities 0.34% 0.34% Market Driven 5 100% / 0% Passive – 2 Days 3 Days Listed PIE $718.25M 29/07/2015 No −6.96% −7.91% 7.47% 11.89% 14.42% 18.23% –
Smart US ESG ETF Invests in US shares and is designed to track the return on the MSCI USA ESG Screened Index. International Equities 0.34% 0.34% Market Driven 5 100% / 0% Passive Semi-annually 2 Days 3 Days Listed PIE $30.49M 06/06/2019 No −8.34% −8.54% 8.12% 12.11% 15.31% 18.51% –
Smart US Large Growth ETF Invests in US shares and is designed to track the return on the CRSP US Large Cap Growth Index. International Equities 0.51% 0.51% Market Driven 6 100% / 0% Passive Semi-annually 2 Days 3 Days Listed PIE $415.11M 29/07/2015 No −10.56% −13.23% 6.49% 10.41% 15.03% 18.88% –
Smart US Large Value ETF Invests in US shares and is designed to track the return on the CRSP US Large Cap Value Index. International Equities 0.51% 0.51% Market Driven 5 100% / 0% Passive Semi-annually 2 Days 3 Days Listed PIE $46.24M 29/07/2015 No −5.64% −1.92% 9.42% 10.91% 12.90% 15.90% –
Smart US Mid Cap ETF Invests in US shares and is designed to track the return on the CRSP US Mid Cap Index. International Equities 0.51% 0.51% Market Driven 6 100% / 0% Passive Semi-annually 2 Days 3 Days Listed PIE $43.51M 29/07/2015 No −6.65% −4.66% 7.78% 7.55% 9.74% 15.51% –
Smart US Small Cap ETF Invests in US shares and is designed to track the return on the CRSP US Small Cap Index. International Equities 0.51% 0.51% Market Driven 6 100% / 0% Passive Semi-annually 2 Days 3 Days Listed PIE $35.8M 29/07/2015 No −7.88% −10.32% 3.10% 2.23% 8.49% 15.26% –
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. Other 2.00% 2.14% 0% / 0% 2 0% / 100% Active Monthly 3 Days 30 Days PIE $37.91M 13/10/2021 No 0.56% 1.63% 3.42% 7.32% 7.13% – –
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. Australasian Equities 1.27% 1.25% 0.22% / 0.22% 5 98% / 2% Active – 2 Days 2 Days PIE $24.95M 17/06/2021 No −3.80% −3.32% −1.64% 0.82% 2.45% – –
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. International Equities 0.62% 0.60% 0.10% / 0.10% 4 98% / 2% Active – 2 Days 2 Days PIE $464.37M 05/11/2021 Yes −0.12% 5.42% 13.94% 18.33% 17.09% – –
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. International Equities 0.20% N/A 0.07% / 0.07% N/A 100% / 0% Passive Quarterly 2 Days 4 Days AUT $1,151.48M 13/12/2016 No −5.66% −3.11% 10.03% 12.86% 15.32% 17.30% –
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. International Equities 0.26% N/A 0.08% / 0.08% N/A 100% / 0% Passive Quarterly 2 Days 4 Days AUT $398.29M 13/12/2016 No −5.20% −2.88% −0.99% 6.83% 7.83% 15.95% –
Vault International Bitcoin 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. Other 0.95% 1.68% 0.25% / 0.25% 7 100% / 0% Active – 2 Days 2 Days PIE $23.76M 14/09/2021 No −3.29% −12.87% 45.48% 21.61% 27.96% – –
FundSectorPDS FeeManagement StyleFund TypeAvailable in the InvestNow KiwiSaver Scheme?

Important Information

  • For a description of what each column heading means, please click here.
  • The performance figures are for periods ending 31 March 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 investment manager.
  • 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 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.

The Foundation Series Core Equity Funds are subject to a transaction fee of 0.50% for all Buy Orders (Entry Fee) and 0.50% for all Sell Orders (Exit Fee). The Foundation Series Core Equity Funds consist of:

  • Foundation Series US 500 Fund
  • Foundation Series Hedged US 500 Fund
  • Foundation Series Total World Fund
  • Foundation Series Hedged Total World Fund
  • Foundation Series US Dividend Equity Fund
  • Foundation Series Global ESG Fund

Vanguard International Shares Select Exclusions Index Fund and Vanguard International Shares Select Exclusions Index Fund (Hedged) – NZD Class

  • The Vanguard International Shares Select Exclusions Index Fund and Vanguard International Shares Select Exclusions Index Fund (Hedged) – NZD Class are subject to a transaction fee charge of 0.30% for all Buy Orders in addition to the applicable Buy/Sell Spread.