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FAQs2023-05-10T15:00:18+12:00

Frequently asked questions:

What is an IRD number?2019-07-03T14:38:00+12:00

IRD stands for “Inland Revenue Department”. An IRD Number is a unique tax number given to you by the Inland Revenue Department of New Zealand so that you can pay the correct work taxes as you work in New Zealand.

How do I apply for a withdrawal e.g. first home, hardship or serious illness?2020-11-04T09:46:56+13:00

How do I apply for a withdrawal e.g. first home, hardship or serious illness?

If you are looking to make a withdrawal, please contact us via email at contact@investnow.co.nz or by phone via 0800 499 466.

Who is providing the InvestNow service?2023-04-18T10:41:54+12:00

InvestNow is member of the Apex Group.

Apex Group Ltd., established in Bermuda in 2003, is a global financial services provider. With over 94 offices worldwide and 12,000+ employees in 38 countries, Apex Group delivers an expansive range of services to asset managers, financial institutions, private clients and family offices. Apex Group’s purpose is to be more than just a financial services provider and is committed to driving positive change to address three core areas; the Environment and Climate Change, Women’s Empowerment and Economic Independence, Education and Social Mobility.

Which Managed Fund is right for me?2019-06-14T13:55:01+12:00

Prior to investing in any Fund you should read the disclosure material and research the Fund to ensure that it meets your specific investment needs.

It is good practice to get independent advice from an Authorised Financial Adviser (AFA) before making any investment. Note that the team at InvestNow Saving and Investment Service are unable to provide you with financial advice.

Websites such as sorted.org.nz are also a useful resource. Visit their “Investing & savings guide” for helpful information.

What is so special about InvestNow?2022-11-09T08:43:24+13:00

InvestNow provides a simple and efficient way to manage your managed funds investments.  InvestNow does not charge transaction or admin fees (note – investment managers fees and costs are reflected in their unit prices and some funds may charge entry/exit fees. Please refer to the Product Disclosure Statement for the fund for full details).

InvestNow provides you with:

  • Online account registration
  • Online access to managed funds 24/7
  • Access to a range of selected managed funds.
  • Easy online access to your investment information, with comprehensive reports and statements
  • You can contact us Mon-Fri 8:00am to 5:00pm (excludes national public holidays)
  • A near-paperless experience with all information held online
  • We handle the administration
Why am I not receiving my Passcode as a text message?2020-09-15T08:43:26+12:00

Why am I not receiving my Passcode as a text message?

If you have elected to receive your Passcode via text, but they are not coming through, please check our Service Status page to see if there is an issue at our end.  When we do experience issues with the Passcode text service we will switch everyone to email until the issue is resolved.

If there is no known issues at our end, please check that you are able to receive text messages from other numbers/services – if not, it may be an issue with your mobile phone service provider (check their website for any service updates).

Alternatively, please contact us on 0800 499 466 or contact@investnow.co.nz (8:00 am to 5:00 pm Mon-Fri, excluding national public holidays) and we can look into it further from our end.

How do I sell Managed Funds?2019-06-14T14:25:25+12:00

Here are the steps to sell managed funds:

  • Go to the “Sell” page
  • Identify the fund(s) you wish to sell and click the green “Sell” button
  • You can choose to sell:
    1. a set dollar amount or
    2. a specific number of units for a managed fund you hold or
    3. all the units you hold in a managed fund
  • Enter the dollar amount or number of units
  • Click the “Sell” button

If you want to cancel your Sell order, you can select the “Cancel” link beside your Sell order on the Sell page. Or you can go to the Orders page and also click cancel alongside the Sell order in the Open orders list.

Note that you can cancel a Sell order up until 12pm of the current business day. Where you have placed an order on a non-business day, you can cancel the order up until 12pm of the next business day.

Do any minimums apply for when I want to sell any Managed Funds?2019-06-14T13:44:33+12:00

Yes – if you chose a dollar value for the sale, the sale can be no lesser than the indicative unit price for one unit. If you chose to sell a number of units, it has to be for at least one unit in the fund.

The minimum cash withdrawal amount from InvestNow is $1.

Is term deposit interest compounded?2019-06-14T13:15:01+12:00

We do not offer compounding interest payments for individual term deposits. Term deposit interest is paid back to your transaction account.

However, you can choose to automatically roll over a term deposit at maturity, including both the principal and interest in a new term deposit.

Is there a minimum or maximum number of funds I must have in my KiwiSaver portfolio?2023-05-08T14:19:44+12:00

Is there a minimum or maximum number of funds I must have in my KiwiSaver portfolio?

The minimum number of funds is one and the maximum number of funds you can have in your InvestNow KiwiSaver Scheme portfolio is limited only by the number of funds we offer (currently 38).

Are my investments with InvestNow guaranteed?2019-06-14T13:51:06+12:00

Investments that are available through InvestNow are not guaranteed by InvestNow, any of the underlying investment managers, or any other person(s).

Who is Cloudcheck?2022-11-03T17:20:49+13:00

Cloudcheck is the technology partner we work with to provide a customer identity verification solution – specifically we use their IDScan solution for the bio-metric identity verification.  Learn more about Cloudcheck here.

What happens when my term deposit matures?2023-10-06T15:48:38+13:00

If you have elected to have your term deposit automatically roll over, we will create a new term deposit for you and confirm when this has happened.

Depending on the bank your deposit is with, the new term deposit will either be created on the maturity date or the next business day.

If you have not chosen an automatic rollover option, your principal and interest (net of withholding tax) will be paid to your InvestNow transaction account. Please note that interest is not paid on funds in your transaction account, so you will need to arrange a new investment or load a withdrawal.

If you need to break a term deposit, please contact us at 0800499466 or contact@investnow.co.nz – noting that there are specific terms and conditions that apply to requesting to break a term deposit.  For more details please read this FAQ.

What do each of the column headings mean for the fund manager table?2023-05-01T15:17:20+12:00

What do each of the column headings mean for the fund manager table?

Sector:
Sector refers to the type of asset the managed fund invests into, such as a diversified fund, cash fund, listed property fund, etc.

 

PDS Fee:
The PDS fee is the annual management fee estimate as stated in the Product Disclosure Statement (PDS) for this fund.

 

QFU Fee:
The Quarterly Fund Update (QFU) Fee is the latest actual fee charged by the fund in its most recent financial year, as stated in the fund’s most recent Quarterly Fund Update.

 

Buy/Sell Spread:
When you buy or sell units in a fund, you may be charged a buy or sell spread, which is a fee. The buy spread (fee) is added to the unit price of the fund when you buy units, and the sell spread (fee) is deducted from the unit price when you sell units. These fees represent costs incurred by the Fund Manager to process your buy or sell order.

 

1 Month, 3 Month, 6 Months, 12 Months, 1 Year, 3 Years, 5 Years, 10 Years:
These are performance periods for the performance figures that are stated. Periods above 1 year represent annualised performance.

 

Risk Indicator:
The risk indicator is the risk rating of a fund, which is rated from 1 (low) to 7 (high). The risk indicator ranges from defensive (being less volatile and more conservative) to aggressive at the upper end (being more volatile and less conservative).

 

Target Growth/Income Assets:
The portion of growth assets (such as shares, property, etc) that the fund targets relative to income assets (such as cash and bonds).

 

Management Style:
Management style outlines whether the fund is actively or passively managed. Active management involves identifying mispriced securities with the goal of generating returns above the market index, while passive management broadly aims to track rather than outperform the chosen market index.

 

Fund Type:
Managed Funds on InvestNow are classified as either Multi-Rate Portfolio Investment Entities (PIE), Listed Portfolio Investment Entities (Listed PIE) or Australian Unit Trusts (AUT).

Each of these constitute different managed fund structures which among other things will impact the tax treatment of the fund. PIEs are taxed at the investor’s Prescribed Investor Rate of either 0%, 10.5%, 17.5% or 28%, while Listed PIEs are taxed at a flat 28% rate. AUTs are overseas based investments and fall under the Foreign Investment Fund (FIF) tax regime, which taxes investment income at the investor’s marginal income tax rate of either 10.5%, 17.5%, 30%, 33% or 39%.

 

Net Assets:
Represents the Fund’s total Funds Under Management (FUM) in millions.

 

Inception Date:
This is the date of when the fund was first created.

 

Distribution Frequency:
This is the frequency that any distributions will be paid out. This could be monthly, quarterly, annually, etc.

 

Buy Timeframe:
Indicative number of business days for your buy order to be processed.

 

Sell Timeframe:
Indicative number of business days for your sell order to be processed.

 

Smart Investor:
Smart Investor is a tool from Sorted, used to find and compare managed funds and other regulated investment offers in New Zealand.

 

External website:
This is the link to the fund managers website where you can learn more about them and their funds.

 

PDS:
PDS stands for Product Disclosure Statement. The PDS contains relevant information about the fund.

At the end of the tax year, if I have a PIE tax obligation, how is it paid?2021-04-08T18:08:30+12:00

If you have any outstanding tax liability payable at the end of the tax year, we will pay this to the IRD on your behalf.

Prior to the PIE tax year end, we will send you an e-mail with a provisional calculation of your tax obligation. This will be followed by another email in early April once the final PIE calculations have been completed. After around a week, we will debit your InvestNow transaction account for the amount of PIE tax payable. However, if you do not have sufficient funds available in your Transaction account at the time, we will sell enough units from the largest holding in your portfolio to cover the tax liability.

Please note that we rely on you electing the correct PIR when you open an account – if your InvestNow PIR needs to be changed or is not correct, you can contact us to have it updated. PIR changes cannot be backdated for previous tax years.

For Smartshares ETFs, PIE tax is always paid at 28% as they are listed PIEs. If you invest in Smartshares and have a tax rate lower than 28%, the excess tax paid by a fund may be able to be used to reduce the tax payable on other income that you derive at the end of each income year by including the distributions from the fund(s) in your tax return. Please refer to Smartshares’ Other Material Information – Tax document, available from the Disclose register, for further details.

Where a rebate exists we will credit this to your transaction account as part of our year end tax processes.

For more information about how PIE tax works, please refer to our article “PIEs and PIE tax – your questions answered”.

Where can I see which funds are in my portfolio?2020-11-04T09:50:22+13:00

Where can I see which funds are in my portfolio?

You will be able to see the funds you have selected for your KiwiSaver under the ‘Dashboard’ when you are logged in.

What is a diversified fund?2020-12-04T09:39:55+13:00

What is a diversified fund?

A diversified fund invests in a range of asset classes, regions, and/or industry sectors.  Each of these assets have different characteristics eg their values may not all rise or decline at the same time.  Investing in a range reduces the potential risk that anyone sector/region/industry can have on the overall performance of the fund – spreading the risk.

Diversified funds can be built to align to specific risk profiles, for example, Conservative, Balanced or Growth.

How do I switch my KiwiSaver to InvestNow?2020-11-04T09:51:29+13:00

How do I switch my KiwiSaver to InvestNow?

You will first need to set up your KiwiSaver account with InvestNow. Please refer to our FAQ here. Once your account is open, we will organise the transfer of your KiwiSaver to the InvestNow KiwiSaver Scheme, which takes approximately 10 business days.

Why are you asking me for information about my InvestNow account – specifically referencing Anti-Money Laundering (AML)2022-11-03T10:07:33+13:00

Firstly, we can confirm these requests for information are legitimate.

All NZ financial institutions must comply with the Anti-Money Laundering regulations.    Unfortunately, we don’t have all the information we need to meet these regulatory requirements for some of our InvestNow customer’s accounts.

Where we have been in contact with you directly, requesting the additional information, we very much appreciate your prompt and complete responses to these requests.

Here are some FAQs which address some of the specific information requests:

What is InvestNow?2019-06-14T14:34:43+12:00

InvestNow is an online managed funds service. It allows you to buy and sell managed funds online 24/7 at www.InvestNow.co.nz

InvestNow offers access to the managed funds of a select range of investment managers. The range of funds and managers offered will change over time as we review their suitability for InvestNow.

InvestNow does not charge and transaction or admin fees.

How do I make changes to my KiwiSaver portfolio?2024-11-22T12:01:03+13:00

How do I make changes to my KiwiSaver portfolio?

You can change your allocation of funds under the ‘My Portfolio’ tab. This will show your current portfolio. 

To change your portfolio, please follow these steps

  1. Click the ‘Change your portfolio’.  Select the funds you would like to include in your portfolio, then click ‘Next’. 
  2. Select the percentage you would like for each fund and click ‘Next’. Please note that this must add to 100%. 
  3. You can then select either “Apply change to your current investment mix and future contributions”, which will rebalance your entire portfolio (selling and buying as necessary) to the new weightings, or “Apply change to future contributions only”, which will not affect your existing funds but will be applied to all future contributions.
  4. Download the PDS document and check the box marked ‘I have read, understood and accept the latest Investment statements or Product Disclosure Statement’.
  5. Click ‘Confirm’ and a successful notification will appear once the change has been completed.

You can change your investment plan for your KiwiSaver at any point and there is no limit on how many times you can change. Please note that a buy/sell spread, swing price adjustment and/or entry/exit fee may apply when funds are bought and sold as part of a rebalance.

How to provide details about your intended use for your InvestNow account (Nature & Purpose)2022-11-03T09:42:54+13:00

Follow these simple steps to provide details about your intended use for your InvestNow account (Nature & Purpose).

Some existing customers have received an email from InvestNow asking them to provide responses to questions about the purpose and intended use of their InvestNow account, in order to meet the requirements of Section 17(a) of the AML/CFT Act. Please refer to the following instructions regarding how to update these responses online:

Step 1 – Login and select Account Settings.

Step 2 – Select “Edit” for Investor Details.

Step 3 – Scroll to down the page, to the “Customer due diligence” section.

Step 4 – Complete the answers to questions A, B & C below*.

How will tax on my Managed Funds be paid?2021-04-08T18:07:50+12:00

At the time you sell any units in a PIE managed fund or at PIE tax year end (31st March) your PIE tax liability will be paid by InvestNow on your behalf and returned to the IRD.

For Australian-domiciled managed funds which are not PIEs, InvestNow does not pay tax on your behalf and you need to report income from these funds on your tax return. Your Tax Summary Report will contain a summary of the taxable income from these funds including both the Fair Dividend Rate (FDR) and Comparative Value (CV) calculations.

Your Tax Summary Report will reflect the details of all tax liability payments.  We will produce a Tax Summary Report within six weeks of the end of the tax year, which can be downloaded from your My Documents page.

Which Managed Funds pay distributions and how frequently do they pay them?2022-05-09T12:02:55+12:00

Which managed funds pay distributions and how frequently do they pay them?

You have the option of either having distributions paid as cash into your Transaction Account or reinvested to purchase additional units in the relevant fund.

This preference is applied to all Funds in your InvestNow account.

Macquarie Asset Management

The Macquarie Income Generator Fund pays a fixed monthly distribution. The distribution rate is reviewed on or around 1 April and 1 October each year, and unit-holders are advised by email of any change.

The following funds pay a half-yearly distribution, calculated on or around 31 March and 30 September:

  • Macquarie All Country Global Shares Index Fund
  • Macquarie Australasian Property Index Fund
  • Macquarie Global Listed Infrastructure Fund
  • Macquarie Global Property Securities Fund
  • Macquarie Global Short Duration Fund
  • Macquarie Ethical Leaders Hedged Global Fixed Interest Index Fund
  • Macquarie NZ Cash Fund
  • Macquarie NZ Fixed Interest Fund
  • Macquarie NZ Shares Fund
  • Macquarie NZ Shares Index Fund
  • Macquarie NZ Short Duration Fund

For more information about Macquarie distributions, click here. The other Macquarie funds available on InvestNow do not currently pay distributions, and all income is reflected in the unit price.

ANZ OneAnswer

No distributions are made from the funds. Income is re-invested in the funds.

Antipodes Partners

The Antipodes Global Fund – Long (PIE) does not currently pay a distribution.

APN Property Group

APN expect to make monthly distributions.

Castle Point

The Castle Point 5 Oceans Fund intends to pay distributions monthly.

The Castle Point Trans-Tasman Fund intends to pay distributions quarterly for distribution periods ending April, July, October and January

Devon Funds Management

Devon intends to pay distributions semi-annually for the Alpha, Trans-Tasman, and Australian Funds, and quarterly for the Dividend Yield Fund.

Elevation Capital Value Fund

Distributions may be paid annually.

Ellerston Global Mid Small Cap Fund – Class A

Distributions are paid semi-annually, calculated on or around the 30 June and 31 December.

Fisher Funds

These funds do not currently pay distributions.

Foundation Series

These funds do not currently pay distributions.

Franklin Templeton

The Brandywine Opportunistic Fixed Income Fund expect to make six-monthly distributions in respect of the periods ending on the last business day in March and September.

Harbour Asset Management

The Harbour Income Fund and Harbour Active Growth Fund intend to pay distributions monthly.

The NZ Core Fixed Interest Fund, NZ Corporate Bond Fund and Australasian Equity Income Fund intend to pay distributions quarterly for the distribution periods ending March, June, September and December. The other Harbour funds do not pay distributions.

The Hunter Global Fixed Interest Fund distributes six-monthly, in March and September.

The Harbour NZ Index Shares Fund, the Harbour Real Estate Investment Fund and the Harbour Sustainable NZ Shares Fund intend to pay distributions six-monthly in March and September.

India Avenue Investment Management

The Fund usually distributes income annually at the end of June.

Milford Asset Management

The following funds pay distributions quarterly:

  • Milford Conservative Fund
  • Milford Diversified Income Fund
  • Milford Global Corporate Bond Fund
  • Milford Trans-Tasman Bond Fund

The Milford Trans-Tasman Equity Fund intends to make distributions semi-annually in March and September.

Mint Asset Management

Currently Mint do not make distributions from either the Active Equity Trust or the Real Estate Investment Trust.

For the Diversified Income Fund, distributions are made quarterly following the last Business Day of March, June, September and December. Distributions are only made from the net income generated by the Fund and consequently the amount distributed can fluctuate.

Nikko Asset Management

The Concentrated Equity Fund and Core Equity Fund may pay distributions six-monthly for the distribution periods ending March and September.

The Income Fund and NZ Corporate Bond Fund  may pay distributions quarterly for the distribution periods ending March, June, September and December.

Pathfinder Asset Management

These funds do not currently pay distributions.

Pie Funds

Bi-annual income distributions from the Dividend Fund on or about 30 June and 31 December

Platinum Investment Management

Platinum International Fund pays an annual distribution as at 30 June. Platinum also has a discretion to make interim distributions during the financial year.

QuayStreet

The QuayStreet Income Fund pays distributions, at the discretion of the Manager. Distributions are generally made quarterly for the QuayStreet Income Fund.

Russell Investments – AUT Funds

Any income, excluding unrealised gains, of the Global Opportunities Funds, the Global Listed Infrastructure Fund and the Low Carbon Fund is usually distributed quarterly.

The Russell Emerging Markets Fund usually pays an annual distribution at the end of June.

Russell Investments

Russell Investments NZ Fixed Interest Fund, Global Fixed Interest Fund, NZ Shares Fund, Global Shares Fund and the Hedged Global Shares Fund intend to make six monthly distributions.

The distributions are expected to be made following the last valuation days in March and September.

Salt Asset Management – NZ Dividend Appreciation Fund and Enhanced Property Fund

Both intend to pay semi-annual distributions paid out of 72% of the net income (as determined by Salt) accrued for the preceding six month period. For this purpose, ‘net income’ generally means all dividend income received during the period, although we can change this at our discretion.

Distributions will be calculated within seven business days of the last day of each distribution on period (which end on 30 April and 31 October, respectively). Payments are intended to be made within five business days of the date on which the distribution is calculated.

Smartshares

The following Funds pay distributions quarterly which calculated at the end of February, May, August and November:

  • Smartshares Global Aggregate Bond ETF (AGG)
  • Smartshares Global Bond ETF (GBF)
  • Smartshares NZ Bond ETF (NZB)
  • Smartshares NZ Cash ETF (NZC)

All of the Smartshares ETFs we offer have semi-annual distributions calculated at the end of May and November, excluding the below list:

  • Smartshares Automation and Robotics ETF (BOT)
  • Smartshares Emerging Markets Equities ESG ETF (EMG)
  • Smartshares Europe Equities ESG ETF (EUG)
  • Smartshares Global Equities ESG ETF (ESG)
  • Smartshares Healthcare Innovation ETF (LIV)
  • Smartshares Japan Equities ESG ETF (JPN)
  • Smartshares US Equities ESG ETF (USA)

Squirrel

The Squirrel Monthly Income Fund pays a distribution monthly.

Te Ahumairangi

The Te Ahumairangi Global Equity Fund does not pay a distribution.

Vanguard

Distributable income and net realised capital gains (if any) will be determined quarterly, as at 31 March, 30 June, 30 September and 31 December each year.

Vault

The Vault International Bitcoin Fund does not pay a distribution.

What products and services does InvestNow provide?2019-06-14T14:33:55+12:00

InvestNow offers access to the managed funds of a select range of investment managers. The range of funds and managers offered will change over time as we review their suitability for InvestNow.

For a full list of the current range of managed funds please visit investnow.co.nz/who-we-are/our-fund-managers/

What are the rates of Companies Tax?2019-06-14T14:08:43+12:00

You can find out more on the IRD website.

The current company tax rates are:

  • 28% for income years 2012 and later
  • 30% for income years 2009 to 2011
  • 33% for income years 2008 and older
What are the fees for the InvestNow KiwiSaver Scheme?2021-02-03T19:20:04+13:00

What are the fees for the InvestNow KiwiSaver Scheme?

InvestNow doesn’t charge any fees for you to invest in the InvestNow KiwiSaver Scheme. Fees that are charged vary by the underlying fund manager and can be found here. These fees are the estimated total fund charges (including GST) which are made up of:

  • Management & administration charges, including Manager’s basic fee and other management and administration charge and;
  • Performance fees

Fees have been estimated using the information provided by underlying fund managers and by reference to the underlying fund’s disclosure documents.

Can I end my term deposit early?2023-10-06T15:44:05+13:00

We may, at our discretion, and following consultation with the specific bank, allow you to break your Term Deposit (TD) and return the funds to your Transaction Account.  Please note that there may be fees charged by InvestNow, the bank and our custodian to process any approved break request.

The following steps apply to all requests to break IDs:

  1. Call us on 0800 499 466, email us on contact@investnow.co.nz or use the Contact Us form with details of the TD you wish to break.
  2. We will obtain a quote from the bank your TD is with, to determine the break fee and adjusted interest amount.
  3. In addition to any bank fees and/or adjusted interest amount, there will be the InvestNow break fee of 0.10% p.a. applied to the principle amount and investment period for the TD to be broken, plus a flat fee of $25, being the processing fee charged by our custodian.
  4. We will contact you to advise if your term deposit can be broken, the total costs and timeframes.  Please note that most banks require up to 31 days’ notice to break a term deposit.
How are Elevation Capital funds buys and sells processed?2021-08-11T08:54:32+12:00

Elevation Capital Global Shares Fund is priced once a month, on the last business day of the month – the “Valuation Day”.

If you buy or sell units in the fund on a day, before the Valuation Day of the current month, your order will be processed within 10 days of the Valuation Day in the month following.

For Buy orders, your cash will be sent to the application account for this fund and will remain there until the Valuation Day of the same month.  This cash will not be available to you whilst it is in the application account.

What costs are charged by InvestNow?2024-08-21T10:45:57+12:00

InvestNow does not charge any account or administration fees for your InvestNow account.

Any funds you choose to invest in have fund charges associated with them that are levied by the fund manager. The fund charges for funds on InvestNow are the same as you would experience investing directly with any of our fund managers. A small number of funds also have transaction fees* that InvestNow levies, which are applied in addition to the fund charges.

*More details available for the Vanguard and Foundation Series Funds.

Can I change the rollover option I selected when I created my term deposit?2019-06-14T13:15:40+12:00

Yes, you can change what happens to your term deposit when it matures. Just go to the ‘Holdings’ page and click ‘Edit’ beside the term deposit you want to modify, then select either ‘Do not reinvest’, ‘Principal only’, or ‘Principal & interest’.

You can change the rollover option up to the day before your term deposit matures.

How does the distribution fee InvestNow earns for Term Deposits work?2023-05-04T16:42:17+12:00

InvestNow Term Deposit Distribution Fee

InvestNow earns a distribution fee of 0.10% for the Term Deposit (TD) service.  This fee does not result in any additional fees for you, or reduction in the interest rate you receive, for the Term Deposit(s) you invest in.

The rate you receive for the TD you invest in is the rate you see when you select the bank/term.  In addition to the rate you receive, InvestNow will be earning a 0.10% distribution fee.

An example:

  • A customer invests in the 3m TD from bank “X” and receives gross interest of 5.00% pa.
  • At maturity the customer receives 5.00% pa interest, less their personal RWT rate.
    • In their Transaction Summary and Investor Report, the following entries will be visible:
      • The 5.10% pa interest paid by Bank “X” to Adminis, our custodian (this is the sum of the 5.00% the customer receives and the 0.10% InvestNow receives)
      • The 0.10% distribution fee earned by InvestNow
      • The 5.00% pa gross interest received by the customer
      • The RWT paid on the customer’s behalf
How can I produce reports with information about my InvestNow KiwiSaver Scheme portfolio?2024-12-17T13:08:14+13:00

How can I produce reports with information about my InvestNow KiwiSaver Scheme portfolio?

InvestNow is an online service. You can download statements when you are logged into your InvestNow KiwiSaver Scheme account.

There are three types of reports:

  • Investment Report – provides information about your portfolio returns, contributions, tax information, and more (PDF format)
  • Management Accounts Report – provides more detailed information that may be of use to you and/or your accountant (Excel format)
  • General Ledger Report – provides information about your portfolio returns, contributions, tax information, and more (Excel format)

You can create any of the above reports by following these steps:

  • Click the “Documents” tab

  • Select the relevant report under “Report Template”

  • Select a time period under “Select Date”
  • Click “Generate Report”

How to verify your ID with the IDscan tool from Cloudcheck2022-11-03T09:48:20+13:00

Some common questions for verifying your identity using the IDScan tool from Cloudcheck

I use an iPhone, and it can’t detect my camera.  What do I do?

  1. Go to Settings
  2. Find and select Safari
  3. Scroll towards the bottom and select Camera
  4. Change permission to Ask
  5. Reload the Safari page and you grant access when requested

I use an Android phone, and it can’t detect my camera or I accidentally rejected access to my camera.

If you are using Android 10 or below please do the following:

  1. Go to Settings -> Apps
  2. Click on the three vertical dots on the top-right of your screen and select App permissions
  3. Click Camera to open camera permissions
  4. Here you should see a list of the apps on your device. Use the slider to enable accessto the browser apps you use, e.g. Chrome, Firefox, Samsung Internet

If you are using Android 11 or above please do the following:

  1. Go to Settings -> Privacy -> Permission Manager
  2. Click Camera to open camera permissions
  3. Look for your browser app in one of the categories listed and click on it to change the permissions for this browser app, e.g. Chrome, Firefox, Samsung Internet

You can also view an app’s permissions in Android 11:

  1. Go to Settings -> Apps & Notifications
  2. Tap “See All x Apps” (where x is the number of apps you have installed)
  3. Tap the app from this list and then tap Permissions
  4. You should see the permissions your app has on the resulting screen

Depending on the browser you use, you may have to also enable access to the Cloudcheck site within the browser. Chrome is one such browser. In Chrome:

  1. Click the three vertical dots on the top-right of the screen and select Settings
  2. In the Advanced section select Site Settings
  3. Click Camera
  4. Make sure the slider is set to Ask first before allowing sites to use your camera (recommended)
  5. Also, make sure that the Cloudcheck site is not listed under Blocked sites in this screen. If it is then you must remove it

Similar to the above, another way of resolving this in Chrome is:

  1. Click the three vertical dots on the top-right of the screen and select Settings
  2. In the Advanced section select Site Settings
  3. All Sites
  4. Search for and select the Cloudcheck link
  5. Enable the camera using the Slider

Why am I getting an ERROR 103?

The link has expired, please contact the person who sent you the link and ask them to send a new link.

Why am I getting a message about my image not being sharp enough?

We need good quality images to be able to accurately match your face to your ID document. For the best results, we need a good quality camera and decent lighting conditions around you.

When taking pictures of your face, ensure that your face is around 50cm-75cm away from the camera.

When taking pictures of your ID document, try to use your rear camera (select switch camera) as these are usually of better quality and give it a moment to focus. If your camera doesn’t have automatic focus, then move the image/camera to a distance that shows a clear picture.

Note: Some phones will not focus if the image is within 10cm.

It won’t accept my Face and Head image.

  1. Make sure your face is 50cm-75cm away from the camera,
  2. There is no-one else in the image with you,
  3. There is a clear/plain background behind you, and
  4. You are looking directly at the camera.
What happens if InvestNow decides to stop supporting an investment I hold through the service?2019-06-14T13:50:33+12:00

It is important to note that the investments that can be held through the service are subject to change. If you hold an investment and the InvestNow decides to stop supporting it, we will notify you. We may then determine that the investment will need to be sold or transferred into your own name.

How do I buy a term deposit?2023-10-06T15:37:19+13:00

To buy term deposits you need to have available funds in your InvestNow transaction account.  You can deposit money to your InvestNow transaction account from your nominated bank account.

Please note the minimum investment amount for ANZ and China Construction Bank is $10,000. The minimum investment amount for the Bank of China is $25,000 and needs to be input to a whole dollar.  For all other banks, the minimum investment amount is $2,000.

To buy a term deposit, please follow these steps:

  • Login to your account
  • Go to the Term Deposits page
  • Identify the bank and term for the term deposit you wish to buy, then click the rate.
  • Enter the dollar amount you wish to invest (you need to have at least this amount of available cash in your transaction account)
  • Select your preferred rollover option – ‘Do not reinvest’, ‘Principal only’, or ‘Principal & interest’
  • Click the Download link to read the bank’s Terms and Conditions
  • Click the check box to show that you have accepted the Terms and Conditions
  • Click “OK”

It can take 5-7 business days for your term deposit order to be completed, with it appearing in your InvestNow portfolio, however you will receive interest from the date your order is sent for processing.

You can cancel a buy order until 12pm of the current business day. If you placed an order after 12pm on a business day or on a non-business day, you can cancel the order until 12pm on the next business day.

If you need to break a term deposit, please contact us at 0800499466 or contact@investnow.co.nz – noting that there are specific terms and conditions that apply to requesting to break a term deposit.  For more details please read this FAQ.

What types of customers can join InvestNow?2019-06-14T14:32:48+12:00

InvestNow offers the following account types:

  • Individual
  • Joint
  • Trust
  • NZ Company

While account holders need not be currently resident in New Zealand, a New Zealand bank account and a New Zealand IRD number are requirements to open an account. Foreign tax residents must disclose their countries of tax residence and their foreign Tax Identification Number (TIN).

Why do some funds have no performance data?2019-06-14T13:46:43+12:00

“Where a fund has not been active for at least 1 year, there is no performance data available.

The data is sourced from The Disclose Register. This is a register for offers of financial products and managed investment schemes under the Financial Markets Conduct Act 2013.”

What fixed term options are available?2019-06-14T13:10:11+12:00

InvestNow currently offers term deposits with the following terms:

  • 1 month
  • 3 months
  • 6 months
  • 9 months
  • 12 months
  • 18 months
  • 2 years
  • 3 years
  • 4 years
  • 5 years

Please note that not all terms are available for all banks.

Which funds in the InvestNow KiwiSaver Scheme charge a buy and/or sell spread?2021-11-15T11:19:59+13:00

Which funds in the InvestNow KiwiSaver Scheme charge a buy and/or sell spread?

You can see which funds charge a buy and/or sell spread click here.

If you also want to see which of our Managed Funds charge a buy/sell spread click here.

How do I buy managed funds?2023-07-12T15:33:45+12:00

To buy Managed Funds you need to have cleared funds in your InvestNow Transaction Account – you deposit money in your InvestNow Transaction Account from your nominated bank account (see FAQ for more details).

Note that the minimum investment amount for Managed Funds purchases is $50, when part of a Regular Investment Plan, or $250 for one-off investments.  For Term Deposits the minimum amount you must invest differs for each bank.  Please visit our TDs page for more information.

  1. Login to your account
  2. Go to the “Fund Selector” page
  3. Using the search criteria, or simply scrolling down the list, find the fund you want to invest in, click the fund and then click the green “Invest now” button
  4. Enter the dollar amount you wish to invest (note – you need to have at least this amount of available cash in your Transaction Account.  Also, some funds may charge an exit or entry fee, in which case these fees would be deducted from the amount you wish to invest).
  5. Click the Download link to read the Product Disclosure document
  6. Read the Disclosure document
  7. Click the check box to show that you have read, understood and accepted the latest Investment Statement or Product Disclosure document
  8. Click the “Invest” button

If you want to cancel your Buy order, you can select the “Cancel” link beside your Buy order on the “Orders” page.

Note that you can cancel a Buy order up until 12pm of the current business day. Where you have placed an order on a non-business day, you can cancel the order up until 12pm of the next business day.

What are cleared funds?2019-06-14T13:45:16+12:00

Cleared funds are monies in your Transaction Account that have been desposited from your nominated account and are available for fund purchases.

What does the KiwiSaver Summary provide?2020-11-26T08:50:12+13:00

InvestNow KiwiSaver - Summary Widget

What does the KiwiSaver Summary provide?

The KiwiSaver Summary provides a high-level overview of your portfolio, including details such as:

Your contributions – Contributions you have made to KiwiSaver, from the time you first joined KiwiSaver (includes if you joined KiwiSaver before switching to InvestNow).

Employer’s contributions – Contributions your employer(s) have made to KiwiSaver, from the time you first joined KiwiSaver (includes if you joined KiwiSaver before switching to InvestNow).

Government contributions – Contributions the government have made to KiwiSaver, from the time you first joined KiwiSaver (includes if you joined KiwiSaver before switching to InvestNow).

Other contributions – Any other contributions your employer(s) have made to KiwiSaver, from the time you first joined KiwiSaver (includes if you joined KiwiSaver before switching to InvestNow).

Gains/(losses) after fees – any gains or losses, after management fees, you have made in your KiwiSaver portfolio since joining the InvestNow KiwiSaver Scheme.

Tax refund/(paid) – any taxes paid/refunded since joining the InvestNow KiwiSaver Scheme. Note that this excludes any Portfolio Investment Entity (PIE) tax that is accrued but not yet paid or refunded.

 

How often can I change the funds in my KiwiSaver portfolio?2020-12-10T14:57:50+13:00

How often can I change the funds in my KiwiSaver portfolio?

You can change your investment plan for your KiwiSaver at any point and there is no limit on how many times you can change. Please note that a buy/sell margin or swing price adjustment may apply when you buy/sell funds.

What is Resident Withholding Tax (RWT)?2019-06-14T14:10:03+12:00

You can find out more on the IRD website.

Resident Withholding Tax (RWT) is a tax deducted from the gross amount of interest paid to you. It is deducted at the time when the interest is paid to your InvestNow cash account.

When you open an InvestNow account, you will be asked to select your RWT rate and IRD number.

If we do not have an IRD number your account will be taxed at the maximum “non-declaration” rate of 33%.

What if I want to take a break from contributing to KiwiSaver?2020-11-04T09:55:51+13:00

What if I want to take a break from contributing to KiwiSaver?

If you want to take a break from contributing to KiwiSaver, you can apply for a savings suspension (previously known as a contributions holiday) by contacting the IRD.

If you’ve been in KiwiSaver for less than a year, you will need to provide them with evidence of financial hardship. Otherwise, you can apply for a savings suspension for up to a year without providing a reason, and there is no limit to how many times you can do this.

For more information, please refer to the IRD website.

How do I make a voluntary contribution?2021-01-14T11:30:42+13:00

How do I make a voluntary contribution?

You can view the Public Trust bank account details for making a voluntary contribution by clicking ‘Deposit’ under the ‘Make a One-Off Contribution’ heading when you are logged into your InvestNow KiwiSaver Scheme account.

From your internet banking, you can simply search for InvestNow KiwiSaver Scheme as the payee in the bill payment register and complete the details. You can then save this for future contributions, or set up an automatic payment.

Payment can also be made directly to Inland Revenue by selecting the Pay Tax option in internet banking (choose the KSS tax code).

What performance data is available for funds?2019-06-14T13:16:26+12:00

You can access two forms of performance data for the funds we offer – the performance returns for funds you hold in your InvestNow portfolio, since you have held them, or historical performance data going back up to 10 years, where available.

Performance Data for My Funds

On your PERFORMANCE page we provide a simple bar chart which shows the returns for each asset you currently hold, since inception of your portfolio – you can sort this by the name of the asset or the value of the $ return.  We also provide, at the top of the page, the $ return(s) for any assets you no longer currently hold (click the image below to review the detail of what’s displayed).

 

Historical performance data for all funds offered on InvestNow

We provide monthly tables, including charts for the most recent month, detailing the historical performance for all funds currently available on InvestNow.  You can access those tables here.

What is swing pricing?2020-11-04T09:41:13+13:00

What is swing pricing?

Swing pricing only applies to the InvestNow Milford Conservative Fund and InvestNow Milford Balanced Fund.

A swing price is applied to mitigate dilution in investment value due to transaction costs attributable to other investors buying or selling funds interests. On each valuation day the Underlying Milford Funds apply a swing factor adjustment to the price for investor applications and withdrawals. Subject to a threshold being met, the price is adjusted up or down based on the direction of the net investor flows. If net flows are positive, the price will swing up and if net flows are negative, the price will swing down.

The indicative swing factor adjustments for the Underlying Milford Funds are detailed in the InvestNow KiwiSaver Scheme Fees and Charges document.

How do I join InvestNow?2019-06-14T14:31:07+12:00

InvestNow is an online-only service. You open your account at www.investnow.co.nz – follow the “Join Now” instructions.

InvestNow offers the following account types:

  • Individual
  • Joint
  • Trust
  • NZ Company

While account holders need not be currently resident in New Zealand, a New Zealand bank account and a New Zealand IRD number are requirements to open an account. Foreign tax residents must disclose their countries of tax residence and their foreign Tax Identification Number (TIN). 

To complete the joining process you will need to have your identity verified. You will need to have the required documents available when you create your account for the identity verification.

What are the rates of RWT?2019-06-14T14:09:16+12:00

You can find out more on the IRD website.

The current rates of RWT are:

  • 0% (in this case a current RWT exemption certificate must be provided)
  • 10.5%
  • 17.5%
  • 30%
  • 33%
What documents can be provided as evidence of Source of Funds?2022-11-03T09:47:43+13:00

In some circumstances, we may be required to ask you about the source of the funds that you have invested, and ask for documents to verify this information – for example, if you made an unusually large deposit. This table shows examples of the documents that we may be able to accept as evidence of the source of your funds:

Source of FundsRelevant documents
Employment• Bank statements showing salary income
• Pay slip
• Personal tax summary
Personal savings and investments• Term deposit maturity notice
• Statement showing funds being withdrawn from an investment provider
• Bank statement showing funds being moved out of your savings account
Business earnings• Bank statements showing business earnings
• Company accounts
• Personal tax summary
Inheritance or gift• Deeds of gift
• Will or probate (preferably showing the value of the estate)
• Distribution letter/statement showing the amount received from an estate
• Statutory declaration from the giftor
• Trust deed
• Bank statement showing payments received
Sale of property or business• Sale and purchase agreement
• Contract note for sale of shares
• Transaction statement
Superannuation or retirement plan lump sum payment• Closing statement
• Confirmation letter
Lottery or betting win• Lotteries Commission letter
• TAB or casino voucher

This list is not exhaustive and the types of documents we would accept will depend on your individual circumstances and the amounts involved. In most circumstances we can also accept a letter from your solicitor or accountant explaining the source of your funds, as long as it shows specific amounts.

Please note that we will only ask you for this kind of information if we believe that we are legally required to do so. Failure to provide requested information can ultimately result in your account being terminated.

How do I join the InvestNow KiwiSaver Scheme?2022-02-02T11:46:48+13:00

How do I join the InvestNow KiwiSaver Scheme?

If you are an existing InvestNow customer, click here to log in to the InvestNow KiwiSaver Scheme portal using your existing InvestNow email and password to begin the online application process.

If you are completely new to InvestNow, begin the InvestNow KiwiSaver Scheme online application process by creating your online account here.

What fund performance data is available?2019-06-14T13:47:29+12:00

On the Invest page we provide 1 Year & 5 Year performance data. This data is net of fees and before tax.

The data is sourced from The Disclose Register. This is a register for offers of financial products and managed investment schemes under the Financial Markets Conduct Act 2013.

This data is updated within the month following the corresponding updates on The Disclose Register (currently quaterly January, March, July & December).

The Disclose Register is provided by the New Zealand Companies Office and can be found at https://www.companiesoffice.govt.nz/disclose.

What is the difference between and Investor and a Client?2019-06-14T14:06:41+12:00

An Investor is the entity (Individual, Joint, Trust or NZ Company) that has an account with InvestNow. A client is an individual, or individuals, that have access to the Investor account. Clients can perform one of a number of roles (see Roles FAQ) and can have a number of permissions (see Client Permissions FAQ).

What are the buy or sell spreads?2023-08-09T09:25:29+12:00

Buy/Sell spreads

When you buy or sell units in a fund, you may be charged a buy or sell spread. The buy spread is added to the unit price when you buy units, and the sell spread is deducted from the unit price when you sell units. For example: if you invest $10,000 into a fund with a 0.10% buy spread, the buy spread would be added to the price, bringing the starting value of your investment to $9,990.

Buy or sell spreads are intended to cover the transaction costs of buying or selling the underlying assets of a fund, so that these costs are not borne by other investors in the fund.

The following fund managers do not charge either a buy or a sell spread for any of their funds:

  • ANZ OneAnswer Single-Asset-Class Funds
  • Devon Funds Management
  • Elevation Capital
  • Fisher Funds Management
  • Harbour Asset Management
  • Mint Asset Management
  • Pie Funds Management
  • QuayStreet Asset Management

Milford Asset Management does not have a buy or sell spread, but uses a “swing pricing factor”: each fund’s net asset value per unit is adjusted up or down based on the direction of the net fund flows. If net flows are positive, the unit price will swing up by a set percentage and if net flows are negative, the unit price will swing down. The swing pricing factors for each Milford fund are listed in a Swing Pricing document available for download from the Milford website and more information can also be found in the Product Disclosure Statement.

Spreads work differently for Smartshares, as they are are exchange-traded funds (ETFs) traded on the NZX. For ETFs which invest in New Zealand or Australian shares (e.g. FNZ) the spreads can vary during the day, and reflect the spreads on the underlying shares, i.e. the difference between the bid (buy) and ask (sell) prices for those shares on the NZX or ASX exchanges. For ETFs which invest in an underlying fund (e.g. TWF) there is generally a fixed spread of $0.005 between the bid and ask prices.

For the other fund managers, the following table provides a breakdown of their buy and sell spreads. We have updated these figures when we have been advised of any changes by the fund managers, but please note that these spreads are subject to change so we recommend referring to the Product Disclosure Statement for more details.

Fund Description Type Manager Sector PDS Fee QFU Fee Buy/Sell Spread* 1 Month 3 Months 6 Months 1 Year 3 Years 5 Years 10 Years Risk Indicator Target Growth/Income Assets Management Style Fund Type Net Assets Inception Date Distribution Frequency Buy Timeframe Sell Timeframe Available in the InvestNow KiwiSaver Scheme? Smart Investor External Website PDS
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. Managed Funds AMP Diversified 0.80% 0.80% 0% / 0% 2.44% 4.29% 8.72% 17.54% – – – 4 59.5% / 40.5% Active PIE $19.69M 18/05/2022 – 2 Days 2 Days No https://smartinvestor.sorted.org.nz/kiwisaver-and-managed-funds/SCH13265/OFR13331/FND38914/ https://www.amp.co.nz/returns-and-unit-prices/amf/amp-balanced-managed-fund https://cdn.investnow.co.nz/20241023113047/AMP_Managed_Funds_-_Product_Disclosure_Statement-October-2024.pdf
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. Managed Funds AMP Diversified 0.80% 0.80% 0% / 0% 3.10% 5.56% 10.19% 21.23% – – – 4 80.5% / 19.5% Active PIE $16.31M 18/05/2022 – 2 Days 2 Days No https://smartinvestor.sorted.org.nz/kiwisaver-and-managed-funds/SCH13265/OFR13331/FND38239/ https://www.amp.co.nz/returns-and-unit-prices/amf/amp-growth-managed-fund.html https://cdn.investnow.co.nz/20241023113047/AMP_Managed_Funds_-_Product_Disclosure_Statement-October-2024.pdf
Antipodes Global Value Fund – PIE The aim of the Fund is to achieve absolute returns in excess of the MSCI All Country World Net Index in NZD (the Index) over the investment cycle (typically 3-5 years). The Fund invests in the Antipodes Global Fund – Long – UCITS, S Class (Underlying Fund) and cash or cash equivalent securities. The Underlying Fund’s investment exposure is predominantly to a broad range of international shares listed on stock exchanges in developed and emerging markets. The Underlying Fund may use exchange traded derivatives for risk management purposes and to achieve equity exposure. Managed Funds & KiwiSaver Antipodes International Equities 0.95% 1.25% 0.075% / 0.075% 1.32% 9% 8.84% 23.05% 11.41% 10.72% – 5 100% / 0% Active PIE $66.72M 25/07/2018 – 3 Days 4 Days Yes https://smartinvestor.sorted.org.nz/kiwisaver-and-managed-funds/SCH12434/OFR12435/FND10581/ https://antipodes.com/nz-pie-funds/antipodes-global-fund-long-pie/ https://cdn.investnow.co.nz/20240821164352/20240819-Antipodes-PDS.pdf
ANZ Investments OneAnswer Australian Share Fund The Australian Share Fund invests mainly in Australian equities. Investments may include equities in companies that are listed or are soon to be listed on the Australian stock exchange, and cash and cash equivalents. Managed Funds ANZ Australasian Equities 1.11% 1.12% 0% / 0% 2.37% 3.48% 8.63% 18.61% 9.22% 5.65% 4.78% 6 100% / 0% Active PIE $21.34M 29/02/1996 – 2 Days 2 Days No https://smartinvestor.sorted.org.nz/kiwisaver-and-managed-funds/SCH11065/OFR11077/FND2210/ https://www.anz.co.nz/comms/investments/investment-funds/ https://cdn.investnow.co.nz/20240801111741/ANZ-Investments-OneAnswer-Single-Asset-Class-PDS-1-August-2024.pdf
ANZ Investments OneAnswer Balanced Growth Fund The Balanced Growth Fund invests mainly in growth assets (equities, listed property and listed infrastructure), with some exposure to income assets (cash and cash equivalents and fixed interest). The fund also has a small exposure to alternative assets. Managed Funds ANZ Diversified 0.99% 1.03% 0% / 0% 2.76% 3.56% 7.94% 14.46% 3.05% 5.30% 6.73% 5 65% / 35% Active PIE $47.89M 15/04/2010 – 2 Days 2 Days No https://smartinvestor.sorted.org.nz/kiwisaver-and-managed-funds/SCH11064/OFR11075/FND2216/ https://www.anz.co.nz/comms/investments/investment-funds/ https://cdn.investnow.co.nz/20240801111741/ANZ-Investments-OneAnswer-Single-Asset-Class-PDS-1-August-2024.pdf
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. Managed Funds ANZ Australasian Equities 1.14% 1.19% 0% / 0% 3.23% 4.85% 11.20% 19.20% −0.78% 2.53% 5.14% 5 100% / 0% Active PIE $9.72M 01/07/2004 – 2 Days 2 Days No https://smartinvestor.sorted.org.nz/kiwisaver-and-managed-funds/SCH11065/OFR11077/FND2209/ https://www.anz.co.nz/comms/investments/investment-funds/ https://cdn.investnow.co.nz/20240801111741/ANZ-Investments-OneAnswer-Single-Asset-Class-PDS-1-August-2024.pdf
ANZ Investments OneAnswer International Share Fund The International Share Fund invests mainly in international equities. Investments may include equities in companies that are listed or are soon to be listed on a stock exchange, and cash and cash equivalents. Managed Funds ANZ International Equities 1.06% 1.06% 0% / 0% 4.85% 9.24% 11.91% 22.08% 7.68% 9.79% 11.55% 5 100% / 0% Active PIE $203.54M 12/05/1997 – 2 Days 2 Days No https://smartinvestor.sorted.org.nz/kiwisaver-and-managed-funds/SCH11065/OFR11077/FND2211/ https://www.anz.co.nz/comms/investments/investment-funds/ https://cdn.investnow.co.nz/20240801111741/ANZ-Investments-OneAnswer-Single-Asset-Class-PDS-1-August-2024.pdf
ANZ Investments OneAnswer New Zealand Share Fund The New Zealand Share Fund invests mainly in New Zealand equities. Investments may include equities in companies that are listed or intend to list on the New Zealand stock exchange, and cash and cash equivalents. Managed Funds ANZ Australasian Equities 1.10% 1.09% 0% / 0% 2.84% 5.28% 10.04% 15.05% 0.43% 2.95% 8.52% 5 100% / 0% Active PIE $52.09M 31/03/1991 – 2 Days 2 Days No https://smartinvestor.sorted.org.nz/kiwisaver-and-managed-funds/SCH11065/OFR11077/FND2208/ https://www.anz.co.nz/comms/investments/investment-funds/ https://cdn.investnow.co.nz/20240801111741/ANZ-Investments-OneAnswer-Single-Asset-Class-PDS-1-August-2024.pdf
ANZ Investments OneAnswer Property Securities Fund The Property Securities Fund invests mainly in New Zealand and Australian listed property assets. Investments may include companies, funds or trusts that invest in property and are listed or intend to list, and cash and cash equivalents. Managed Funds ANZ Listed Property 1.10% 1.07% 0% / 0% −1.40% −3.55% 7.57% 7.86% −4.72% −1.52% 5.80% 6 100% / 0% Active PIE $63.78M 30/11/1994 – 2 Days 2 Days No https://smartinvestor.sorted.org.nz/kiwisaver-and-managed-funds/SCH11065/OFR11077/FND2206/ https://www.anz.co.nz/comms/investments/investment-funds/ https://cdn.investnow.co.nz/20240801111741/ANZ-Investments-OneAnswer-Single-Asset-Class-PDS-1-August-2024.pdf
Brandywine Global Opportunistic Fixed Income Fund The Fund invests in a diversified portfolio of international fixed income securities, derivatives and cash. The investment objective of the Fund is to earn a return before fees and taxes in excess of the Bloomberg Global Aggregate Index – New Zealand dollar Hedged over rolling five-year periods. Managed Funds Franklin Templeton International Fixed Interest 0.76% 0.77% 0.075% / 0.075% 1.13% −1.20% 2.96% 3.93% −1.52% 0.29% – 4 0% / 100% Active PIE $220.43M 27/03/2018 Semi-annually 2 Days 3 Days No https://smartinvestor.sorted.org.nz/kiwisaver-and-managed-funds/SCH12302/OFR12303/FND8399/ https://www.fundrock.com/fundrock-new-zealand/fundrock-new-zealand-managers/franklin-resources-inc/ https://cdn.investnow.co.nz/20231017115948/2023.09.18_-_Franklin_Templeton_-_PDS.pdf
Castle Point 5 Oceans Fund The 5 Oceans Fund is a diversified fund that provides exposure to a range of growth and defensive assets both globally and locally. The fund can invest both in direct securities and selected managed funds. The objective of the fund is to generate a positive return above cash with a focus on protecting investors capital. Managed Funds & KiwiSaver Castlepoint Diversified 1.31% 1.09% 0.30% / 0.30% 1.17% 2.12% 4.97% 8.65% 3.10% 4.93% – 4 55% / 45% Active PIE $81.27M 25/10/2016 Monthly 2 Days 2 Days Yes https://smartinvestor.sorted.org.nz/kiwisaver-and-managed-funds/SCH10745/OFR10746/FND1223/ https://www.castlepointfunds.com/5-oceans-fund https://cdn.investnow.co.nz/20241023123403/5_Oceans_PDS_-_October_2024.pdf
Castle Point Trans-Tasman Fund The Trans-Tasman Fund invests in New Zealand and Australian Listed Companies and is benchmarked to the S&P/NZX 50 Index (incl Imputation Credits). The performance objective of the Fund is to outperform the benchmark over rolling three-year periods after all fees (and other expenses) but before tax. While the Fund is expected to be fully invested into equities (max 25% in Australia), it can hold some cash or cash equivalents (0-10%). Managed Funds & KiwiSaver Castlepoint Australasian Equities 1.07% 1.07% 0.30% / 0.30% 2.30% 4.32% 7.66% 14.01% −1.10% 3.80% – 5 98% / 2% Active PIE $15.97M 20/11/2018 Quarterly 2 Days 2 Days Yes https://smartinvestor.sorted.org.nz/kiwisaver-and-managed-funds/SCH10745/OFR10746/FND12482/ https://www.castlepointfunds.com/trans-tasman-fund https://cdn.investnow.co.nz/20241023113023/Trans-Tasman_PDS_-_October_2024.pdf
Devon Alpha Fund The Fund aims to generate capital growth over the long term by actively investing in a concentrated portfolio of 10-15 New Zealand and Australian shares and holding cash when appropriate investment opportunities cannot be identified. Managed Funds Devon Australasian Equities 1.89% 2.42% 0% / 0% 3.02% 5.41% 10.96% 19.09% 8.99% 8.88% 8.44% 5 0%-100% / 0%-100% Active PIE $158.63M 03/06/2010 Semi-annually 2 Days 2 Days No https://smartinvestor.sorted.org.nz/kiwisaver-and-managed-funds/SCH10753/OFR10754/FND667/ https://devonfunds.co.nz/alpha-fund https://cdn.investnow.co.nz/20241115152641/Devon_Investment_Funds_Product_Disclosure_Statement_12-Nov-24.pdf
Devon Australian Fund The Fund aims to generate capital growth over the long term by actively managing Australian equity investments. The Australian market offers exposure to a number of sectors that are not available in New Zealand. Managed Funds Devon Australasian Equities 1.58% 1.29% 0% / 0% 3.26% 5.15% 12.90% 25.13% 12.10% 8.18% 8.60% 6 80%-100% / 0%-20% Active PIE $11.92M 20/08/2010 Semi-annually 2 Days 2 Days No https://smartinvestor.sorted.org.nz/kiwisaver-and-managed-funds/SCH10753/OFR10754/FND1502/ https://devonfunds.co.nz/australian-fund https://cdn.investnow.co.nz/20241115152641/Devon_Investment_Funds_Product_Disclosure_Statement_12-Nov-24.pdf
Devon Dividend Yield Fund A select portfolio of New Zealand and Australian listed equity securities chosen for their attractive dividend yields, with some growth prospects to maintain the dividend yield and capital value in real terms. Managed Funds Devon Australasian Equities 1.19% 1.00% 0% / 0% 2.00% 2.36% 6.80% 10.70% 6% 4.34% 7.86% 5 90%-100% / 0%-10% Active PIE $15.74M 20/12/2012 Quarterly 2 Days 2 Days No https://smartinvestor.sorted.org.nz/kiwisaver-and-managed-funds/SCH10753/OFR10754/FND1504/ https://devonfunds.co.nz/dividend-yield-fund https://cdn.investnow.co.nz/20241115152641/Devon_Investment_Funds_Product_Disclosure_Statement_12-Nov-24.pdf
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. Managed Funds Devon Australasian Equities 1.30% 1.25% 0% / 0% 3.09% 4.83% 10.54% 19.02% 5.75% – – 5 90%-100% / 0%-10% Active PIE $30.35M 01/09/2020 Semi-annually 2 Days 2 Days No https://smartinvestor.sorted.org.nz/kiwisaver-and-managed-funds/SCH10753/OFR10754/FND21351/ https://devonfunds.co.nz/sustainability-fund https://cdn.investnow.co.nz/20241115152641/Devon_Investment_Funds_Product_Disclosure_Statement_12-Nov-24.pdf
Devon Trans-Tasman Fund The Fund aims to generate capital growth over the long term by actively investing in a portfolio of New Zealand and Australian shares. The Fund tends to be fully invested in shares but can hold cash. Managed Funds Devon Australasian Equities 1.59% 1.40% 0% / 0% 2.25% 4.25% 11.25% 20.77% 8.78% 7.52% 9.43% 5 50%-100% / 0%-50% Active PIE $104.26M 30/09/1998 Semi-annually 2 Days 2 Days No https://smartinvestor.sorted.org.nz/kiwisaver-and-managed-funds/SCH10753/OFR10754/FND1505/ https://devonfunds.co.nz/trans-tasman-fund https://cdn.investnow.co.nz/20241115152641/Devon_Investment_Funds_Product_Disclosure_Statement_12-Nov-24.pdf
Dexus Asian REIT Fund The Dexus Asian REIT Fund is an income focused property securities fund that invests in a portfolio of listed Asian Real Estate Investment Trusts (REITs). The Fund will invest primarily in REITs listed on the securities exchanges of the Asia Region (including, but not limited to, Hong Kong, Singapore, Malaysia, Japan and New Zealand, but excluding Australia), as well as cash and fixed interest investments. Managed Funds Dexus Listed Property 0.98% N/A 0.15% / 0.15% −0.85% −2.24% 7.15% 0.84% −3.87% −3.46% 4.38% 0 98% / 2% Active AUT $20.27M 19/07/2011 Monthly 3 Days 3 Days No N/A https://www.dexus.com/investor-centre/investments/dexus-asian-reit-fund https://cdn.investnow.co.nz/20240219165618/Dexus-Asian-REIT-Fund-PDS-15-Dec-23.pdf
Dexus Global REIT Fund The Dexus Global REIT Fund is an income focused property securities fund that invests in a portfolio of Real Estate Investment Trusts (REITs) listed in North America, Europe and Asia Pacific. Managed Funds Dexus Listed Property 0.98% N/A 0.15% / 0.15% 4% 6.82% 20.48% 26.12% 6.49% – – 0 98% / 2% Active AUT $22.99M 01/04/2020 Monthly 3 Days 3 Days No N/A https://www.dexus.com/investor-centre/investments/dexus-global-reit-fund https://cdn.investnow.co.nz/20240219165614/Dexus-Global-REIT-Fund-PDS-15-Dec-23.pdf
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. Managed Funds Elevation International Equities 1.93% 2.04% 0% / 0% 2.92% 4.91% 3.15% 10.85% −0.30% 7.80% 7.05% 6 95% / 5% Active PIE $25.96M 09/12/2008 Annually 6 Days (Month End) 6 Days (Month End) No https://smartinvestor.sorted.org.nz/kiwisaver-and-managed-funds/SCH11207/OFR11348/FND3120/ https://globalsharesfund.com/ https://cdn.investnow.co.nz/20241023113055/Elevation_Capital_Global_Shares_Fund_-_PDS_-_Dated_11_October_2024.pdf
Ellerston Global Mid Small Cap Fund The Fund seeks to provide long term capital growth by investing in 20 – 40 securities with a global mid small cap bias. Securities within the portfolio are typically global leaders in their markets with stronger growth than most businesses. The strategy is not to assemble a group of stocks that replicate any particular geography, theme or index; consequently, the portfolio will not replicate a benchmark and is likely to be different to what may constitute other Global equity products, making it suitable for inclusion within a diversified portfolio. Managed Funds Ellerston International Equities 1.45% N/A 0.25% / 0.25% 6.16% 9.81% 15.69% 27.21% 3.10% 9.95% – 0 80%-100% / 0%-20% Active AUT $42.75M 01/03/2017 Semi-annually 3 Days 4 Days No N/A https://ellerstoncapital.com/funds/global-mid-small-cap-fund/ https://cdn.investnow.co.nz/20240925132815/Ellerston-Global-Mid-Small-Cap-Fund-Class-A-Units-PDS-18.09.24.pdf
Fisher Funds Australian Growth Fund The Australian Growth Fund gives investors targeted access to a hand-picked portfolio of quality growing Australian businesses. These companies are often overlooked by investors as they are not familiar with them or there is limited research available. Managed Funds Fisher Australasian Equities 1.51% 2.84% 0% / 0% 6.05% 8.69% 14.76% 27.06% 8.35% 11.36% 11.56% 6 100% / 0% Active PIE $119.9M 15/06/2005 – 3 Days 3 Days No https://smartinvestor.sorted.org.nz/kiwisaver-and-managed-funds/SCH10640/OFR10667/FND1209/ https://fisherfunds.co.nz/funds-and-performance/australian-growth-fund https://cdn.investnow.co.nz/20240307165319/Fisher-Funds-Managed-Funds-PDS-6-Mar-2024.pdf
Fisher Funds BondPlus Fund The BondPlus Fund invests in international fixed interest assets and seeks to provide moderate protection for your investment, while also generating modest returns over the long term. The Fund’s assets are managed by external managers, PIMCO and Wellington. Managed Funds Fisher International Fixed Interest 1.21% 1.24% 0% / 0% 1.29% 0.60% 3.31% 6.09% −1.73% −0.53% 1.57% 3 0% / 100% Active PIE $102.79M 01/11/1990 – 3 Days 3 Days No https://smartinvestor.sorted.org.nz/kiwisaver-and-managed-funds/SCH10642/OFR10748/FND1065/ https://fisherfunds.co.nz/investment/investment-series https://cdn.investnow.co.nz/20231106161220/Fisher-Funds-Investment-Series-PDS-6-Nov-2023.pdf
Fisher Funds CashPlus Fund The CashPlus Fund aims to provide protection for your investment and a return that is better than 90-day bank bills by investing in New Zealand cash and New Zealand fixed interest assets. Managed Funds Fisher Cash and Cash Equivalents 0.80% 0.85% 0% / 0% 0.35% 1.22% 2.77% 5.53% 3.70% 2.29% 2.30% 1 0% / 100% Active PIE $12.12M 30/04/2008 – 3 Days 3 Days No https://smartinvestor.sorted.org.nz/kiwisaver-and-managed-funds/SCH10642/OFR10748/FND1060/ https://fisherfunds.co.nz/investment/investment-series https://cdn.investnow.co.nz/20231106161220/Fisher-Funds-Investment-Series-PDS-6-Nov-2023.pdf
Fisher Funds Conservative Fund The Fisher Funds Conservative Fund is a diversified portfolio that aims to provide moderate protection for your investment, while also providing a modest level of return over the short to medium term. It invests in mainly income assets (target 72.5%) with a small amount in growth assets (target 27.5%). Managed Funds & KiwiSaver Fisher Diversified 1.36% 1.36% 0% / 0% 1.67% 2.22% 5.88% 10.44% 2.01% 2.59% – 3 27.5% / 72.5% Active PIE $109.48M 31/07/2018 – 3 Days 3 Days Yes https://smartinvestor.sorted.org.nz/kiwisaver-and-managed-funds/SCH10640/OFR10667/FND11124/ https://fisherfunds.co.nz/investment/managed-funds/investment-options/#Conservative https://cdn.investnow.co.nz/20240307165319/Fisher-Funds-Managed-Funds-PDS-6-Mar-2024.pdf
Fisher Funds Global Fund The Global Fund aims to achieve capital growth over the long term by investing in international shares only. Managed Funds Fisher International Equities 1.64% 1.65% 0% / 0% 4.53% 5.86% 8.50% 22.74% 6.46% 9.67% 8.80% 6 100% / 0% Active PIE $170.03M 29/11/1985 – 3 Days 3 Days No https://smartinvestor.sorted.org.nz/kiwisaver-and-managed-funds/SCH10642/OFR10748/FND1068/ https://fisherfunds.co.nz/investment/investment-series https://cdn.investnow.co.nz/20231106161220/Fisher-Funds-Investment-Series-PDS-6-Nov-2023.pdf
Fisher Funds Growth Fund The Fisher Funds Growth Fund is a diversified portfolio that aims to grow your investment with more focus on capital growth over the long term. It invests in mainly growth assets. Managed Funds & KiwiSaver Fisher Diversified 1.47% 1.47% 0% / 0% 3.91% 5.56% 9.81% 20.39% 4.90% 6.98% – 5 81% / 19% Active PIE $318.98M 31/07/2018 – 3 Days 3 Days Yes https://smartinvestor.sorted.org.nz/kiwisaver-and-managed-funds/SCH10640/OFR10667/FND11126/ https://fisherfunds.co.nz/investment/managed-funds/investment-options/#Growth https://cdn.investnow.co.nz/20240307165319/Fisher-Funds-Managed-Funds-PDS-6-Mar-2024.pdf
Fisher Funds Income Fund The Income Fund aims to preserve your capital while generating positive, better than bank returns. We do this by actively managing a hand-picked portfolio of cash and fixed interest securities from around the world. Managed Funds Fisher International Fixed Interest 1.01% 1.01% 0% / 0% 0.50% 1.59% 5.39% 9.12% 3.55% 2.69% 3.45% 3 0% / 100% Active PIE $44.61M 18/04/2011 – 3 Days 3 Days No https://smartinvestor.sorted.org.nz/kiwisaver-and-managed-funds/SCH10640/OFR10667/FND1212/ https://fisherfunds.co.nz/funds-and-performance/income-fund https://cdn.investnow.co.nz/20240307165319/Fisher-Funds-Managed-Funds-PDS-6-Mar-2024.pdf
Fisher Funds International Growth Fund The International Growth Fund gives investors access to a portfolio of quality international companies through a single tax efficient investment. The global stage offers us access to a wider universe of investment opportunities and we have the flexibility to invest anywhere outside of New Zealand and Australia. Managed Funds Fisher International Equities 1.45% 1.75% 0% / 0% 5.24% 4.67% 4.52% 20.58% 1.89% 8.60% 10.46% 6 100% / 0% Active PIE $113.09M 07/11/2007 – 3 Days 3 Days No https://smartinvestor.sorted.org.nz/kiwisaver-and-managed-funds/SCH10640/OFR10667/FND1210/ https://fisherfunds.co.nz/funds-and-performance/international-growth-fund https://cdn.investnow.co.nz/20240307165319/Fisher-Funds-Managed-Funds-PDS-6-Mar-2024.pdf
Fisher Funds New Zealand Fixed Income Trust The New Zealand Fixed Income Trust aims to provide protection for your investment, while also generating a stable level of return over the long term. It invests in New Zealand fixed interest assets only. Managed Funds Fisher New Zealand Fixed Interest 0.96% 0.98% 0% / 0% 0.56% 0.66% 5.56% 8.49% 1.16% 0% 2.61% 3 0% / 100% Active PIE $81.32M 20/07/2011 – 3 Days 3 Days No https://smartinvestor.sorted.org.nz/kiwisaver-and-managed-funds/SCH10642/OFR10748/FND1064/ https://fisherfunds.co.nz/investment/investment-series https://cdn.investnow.co.nz/20231106161220/Fisher-Funds-Investment-Series-PDS-6-Nov-2023.pdf
Fisher Funds New Zealand Growth Fund The New Zealand Growth Fund is our flagship fund. It was established in 1998 and invests in a hand-picked portfolio of approximately 20 quality New Zealand growth companies at any one time. Managed Funds Fisher Australasian Equities 1.48% 1.43% 0% / 0% 3.78% 7.68% 17.19% 28.88% 1.33% 6.32% 11.15% 6 100% / 0% Active PIE $226.05M 10/08/1998 – 3 Days 3 Days No https://smartinvestor.sorted.org.nz/kiwisaver-and-managed-funds/SCH10640/OFR10667/FND1208/ https://fisherfunds.co.nz/funds-and-performance/new-zealand-growth-fund https://cdn.investnow.co.nz/20240307165319/Fisher-Funds-Managed-Funds-PDS-6-Mar-2024.pdf
Fisher Funds Property & Infrastructure Fund The Fund comprises a hand-picked portfolio of listed property and infrastructure assets from New Zealand and around the world. We think of this Fund as the ‘backbone’ Fund of our managed funds range because these assets are the backbone of economies and indeed it’s reasonable for this Fund to be the backbone of your portfolio as well. Managed Funds Fisher International Equities 1.67% 1.57% 0% / 0% 2.38% 5.34% 8.55% 15% 4.70% 5.95% 9.48% 5 100% / 0% Active PIE $170.2M 05/12/2008 – 3 Days 3 Days No https://smartinvestor.sorted.org.nz/kiwisaver-and-managed-funds/SCH10640/OFR10667/FND1630/ https://fisherfunds.co.nz/funds-and-performance/property-and-infrastructure-fund https://cdn.investnow.co.nz/20240307165319/Fisher-Funds-Managed-Funds-PDS-6-Mar-2024.pdf
Fisher Funds Trans Tasman Equity Trust The Trans Tasman Equity Trust aims to achieve capital growth over the long term by investing in a mix of New Zealand shares (target weighting 70%) and Australian shares (target weighting 30%). Managed Funds Fisher Australasian Equities 1.64% 1.65% 0% / 0% 5.37% 8.69% 16.66% 28.46% 4.92% 8.67% 11.67% 6 100% / 0% Active PIE $118.43M 29/11/1985 – 3 Days 3 Days No https://smartinvestor.sorted.org.nz/kiwisaver-and-managed-funds/SCH10642/OFR10748/FND1067/ https://fisherfunds.co.nz/investment/investment-series https://cdn.investnow.co.nz/20231106161220/Fisher-Funds-Investment-Series-PDS-6-Nov-2023.pdf
Foundation Series Balanced Fund The Fund aims to generate 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. Managed Funds & KiwiSaver Foundation Series Diversified 0.37% 0.37% 0.08% / 0.11% 3.16% 4.52% 9.11% 18.33% 4.94% – – 4 60% / 40% Active PIE $24.32M 02/09/2020 – 2 Days 2 Days Yes https://smartinvestor.sorted.org.nz/kiwisaver-and-managed-funds/SCH13175/OFR12915/FND20381/ https://www.fundrock.com/fundrock-new-zealand-funds/foundation-series-balanced-fund/ https://cdn.investnow.co.nz/20230413151348/Foundation-Series-Funds-Diversified-PDS-13-April-2023.pdf
Foundation Series Growth Fund The Fund aims to generate 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. Managed Funds & KiwiSaver Foundation Series Diversified 0.37% 0.37% 0.10% / 0.11% 3.86% 5.75% 10.68% 21.95% 6.59% – – 4 80% / 20% Active PIE $45.34M 02/09/2020 – 2 Days 2 Days Yes https://smartinvestor.sorted.org.nz/kiwisaver-and-managed-funds/SCH13175/OFR12915/FND20382/ https://www.fundrock.com/fundrock-new-zealand-funds/foundation-series-growth-fund/ https://cdn.investnow.co.nz/20230413151348/Foundation-Series-Funds-Diversified-PDS-13-April-2023.pdf
Foundation Series Hedged Total World Fund The Fund aims for high long-run returns by investing in an Exchange-Traded Fund (‘ETF’) that invests in shares of large, mid-sized and small companies listed on international stock markets. The Fund’s objective is to perform broadly in line with the return of its investment benchmark before fees and tax over the long-term. The Fund aims to have all foreign currency exposure hedged to the New Zealand dollar. The Fund’s investment benchmark is the Morningstar Global All Cap Target Market Exposure NR Hedged NZD Index. Managed Funds & KiwiSaver Foundation Series International Equities 0.07% 0.07% 0.50% / 0.50%* 4.48% 5.44% 10.38% – – – – 6 100% / 0% Active PIE $23.74M 22/01/2024 – 2 Days 2 Days Yes https://smartinvestor.sorted.org.nz/kiwisaver-and-managed-funds/SCH13175/OFR12915/FND47038/ https://www.fundrock.com/fundrock-new-zealand-funds/foundation-series-hedged-total-world-fund/ https://cdn.investnow.co.nz/20240129152801/Foundation_Series_Funds_-_Core_Equity_PDS_-_22_January_2024.pdf
Foundation Series Hedged US 500 Fund The Fund aims for high long-run returns by investing in an Exchange-Traded Fund (‘ETF’) that invests in shares of the largest companies listed on stock markets in the United States. The Fund’s objective is to perform broadly in line with the return of its investment benchmark before fees and tax over the long-term. The Fund aims to have all foreign currency exposure hedged to the New Zealand dollar. The Fund’s investment benchmark is the Morningstar US Target Market Exposure TR Hedged NZD Index. Managed Funds & KiwiSaver Foundation Series International Equities 0.03% 0.03% 0.50% / 0.50%* 5.83% 7.12% 14.39% – – – – 6 100% / 0% Active PIE $16.08M 22/01/2024 – 2 Days 2 Days Yes https://smartinvestor.sorted.org.nz/kiwisaver-and-managed-funds/SCH13175/OFR12915/FND47037/ https://www.fundrock.com/fundrock-new-zealand-funds/foundation-series-hedged-us-500-fund/ https://cdn.investnow.co.nz/20240129152801/Foundation_Series_Funds_-_Core_Equity_PDS_-_22_January_2024.pdf
Foundation Series Total World Fund The Fund aims for high long-run returns by investing in an Exchange-Traded Fund (‘ETF’) that invests in shares of large, mid-sized and small companies listed on international stock markets. The Fund’s objective is to perform broadly in line with the return of its investment benchmark before fees and tax over the long-term. The Fund’s investment benchmark is the Morningstar Global All Cap Target Market Exposure NR NZD Index. Managed Funds & KiwiSaver Foundation Series International Equities 0.07% 0.07% 0.50% / 0.50%* 4.76% 10.10% 14.64% 31.84% – – – 5 100% / 0% Passive PIE $115.07M 31/10/2022 – 2 Days 2 Days Yes https://smartinvestor.sorted.org.nz/kiwisaver-and-managed-funds/SCH13175/OFR12915/FND40819/ https://www.fundrock.com/fundrock-new-zealand-funds/foundation-series-total-world-fund/ https://cdn.investnow.co.nz/20240129152801/Foundation_Series_Funds_-_Core_Equity_PDS_-_22_January_2024.pdf
Foundation Series US 500 Fund The Fund aims for high long-run returns by investing in an Exchange-Traded Fund (‘ETF’) that invests in shares of the largest companies listed on stock markets in the United States. The Fund’s objective is to perform broadly in line with the return of its investment benchmark before fees and tax over the long-term. The Fund’s investment benchmark is the Morningstar US Target Market Exposure TR NZD Index. Managed Funds & KiwiSaver Foundation Series International Equities 0.03% 0.03% 0.50% / 0.50%* 6.52% 13.35% 19.34% 39.72% – – – 5 100% / 0% Passive PIE $100.71M 31/10/2022 – 2 Days 2 Days Yes https://smartinvestor.sorted.org.nz/kiwisaver-and-managed-funds/SCH13175/OFR12915/FND40818/ https://www.fundrock.com/fundrock-new-zealand-funds/foundation-series-us-500-fund/ https://cdn.investnow.co.nz/20240129152801/Foundation_Series_Funds_-_Core_Equity_PDS_-_22_January_2024.pdf
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. Managed Funds & KiwiSaver Generate Diversified 1.41% 1.41% 0% / 0% 3.94% 6.27% 12.77% 28.24% 8.45% 8.82% – 5 95% / 5% Active PIE $57.03M 01/11/2019 – 3 Days 3 Days Yes https://smartinvestor.sorted.org.nz/kiwisaver-and-managed-funds/SCH12736/OFR12737/FND15960/ https://www.generatewealth.co.nz/managed-funds https://cdn.investnow.co.nz/20240624134547/Generate_Unit_Trust_Managed_Funds_PDS_17-05-2024.pdf
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. Managed Funds & KiwiSaver Harbour Diversified 1.05% 0.99% 0% / 0% 2.67% 4.39% 8.25% 15.86% 0.45% 4.85% – 5 70% / 30% Active PIE $61.38M 01/11/2019 Monthly 2 Days 3 Days Yes https://smartinvestor.sorted.org.nz/kiwisaver-and-managed-funds/SCH10815/OFR10909/FND16569/ https://www.harbourasset.co.nz/our-funds/active-growth-fund/ https://cdn.investnow.co.nz/20241105103652/HA_Product_Disclosure_Statement_-_Multis_-_30_October_2024.pdf
Harbour Australasian Equity Focus Fund A concentrated ‘best ideas’ growth fund holding Australasian listed equities (usually 15 to 25) which receive a high rating from our in-house analysts. The Fund is designed to deliver strong growth over the long term, through investing in a smaller number of high quality companies with strong growth prospects. Managed Funds & KiwiSaver Harbour Australasian Equities 1.36% 1.16% 0% / 0% 3.79% 9.16% 16.12% 27.43% 1.45% 7.33% 11.07% 6 95% / 5% Active PIE $29.21M 10/04/2014 – 2 Days 2 Days Yes https://smartinvestor.sorted.org.nz/kiwisaver-and-managed-funds/SCH10815/OFR10909/FND1425/ https://www.harbourasset.co.nz/our-funds/aus-equity-focus-fund/ https://cdn.investnow.co.nz/20241105103659/HA_Product_Disclosure_Statement_-_Singles_-_30_October_2024.pdf
Harbour Australasian Equity Fund An actively managed growth fund, providing exposure to Australasian listed equities (usually 25 to 45 at a time). This Fund is designed to provide long-term capital growth through investing in New Zealand and Australian stocks with strong growth potential. It aims to outperform the local equity market. Managed Funds Harbour Australasian Equities 1.10% 1.11% 0% / 0% 3.32% 6.31% 11.89% 22.91% 0.84% 4.79% 10.25% 6 98% / 2% Active PIE $147.39M 11/04/2010 – 2 Days 2 Days No https://smartinvestor.sorted.org.nz/kiwisaver-and-managed-funds/SCH10815/OFR10909/FND1421/ https://www.harbourasset.co.nz/our-funds/aus-equity-fund/ https://cdn.investnow.co.nz/20241105103659/HA_Product_Disclosure_Statement_-_Singles_-_30_October_2024.pdf
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. Managed Funds Harbour Australasian Equities 1.08% 1.09% 0% / 0% 1.31% 3.72% 7.28% 14.42% 3.39% 6.05% 8.53% 5 90% / 10% Active PIE $41.39M 01/11/2011 Quarterly 2 Days 2 Days No https://smartinvestor.sorted.org.nz/kiwisaver-and-managed-funds/SCH10815/OFR10909/FND1424/ https://www.harbourasset.co.nz/our-funds/equity-income-fund/ https://cdn.investnow.co.nz/20241105103659/HA_Product_Disclosure_Statement_-_Singles_-_30_October_2024.pdf
Harbour Income Fund A diversified fund designed for investors who want to generate a steady and sustainable income across all market cycles, without sacrificing capital growth. It aims to exceed the Official Cash Rate plus 3.5% per annum (over rolling 3-year periods). Managed Funds Harbour Diversified 0.67% 0.65% 0% / 0% 1.28% 3.52% 7.82% 13.20% 5.03% 5.43% – 4 32% / 68% Active PIE $296.01M 28/10/2015 Monthly 2 Days 2 Days No https://smartinvestor.sorted.org.nz/kiwisaver-and-managed-funds/SCH10815/OFR10909/FND1422/ https://www.harbourasset.co.nz/our-funds/income-fund/ https://cdn.investnow.co.nz/20241105103652/HA_Product_Disclosure_Statement_-_Multis_-_30_October_2024.pdf
Harbour Long Short Fund An actively managed fund which invests principally, through both long and short positions, in listed Australasian equities. This Fund is designed to deliver positive absolute returns through the economic cycle with low volatility and low correlation of returns with equity markets. Managed Funds Harbour Australasian Equities 1.53% 1.14% 0% / 0% 0.57% 3.32% 4.82% 14.05% 2.20% 5.93% – 4 30% / 70% Active PIE $7.87M 03/01/2019 – 2 Days 2 Days No https://smartinvestor.sorted.org.nz/kiwisaver-and-managed-funds/SCH10815/OFR10909/FND12572/ https://www.harbourasset.co.nz/our-funds/long-short-fund/ https://cdn.investnow.co.nz/20241105103659/HA_Product_Disclosure_Statement_-_Singles_-_30_October_2024.pdf
Harbour NZ Core Fixed Interest Fund An actively managed fund that holds a mix of New Zealand Government and corporate bonds, designed as a risk-diversifier for those investors that also hold riskier assets such as equities and property. Managed Funds & KiwiSaver Harbour New Zealand Fixed Interest 0.65% 0.65% 0% / 0% 0.67% 0.85% 5.47% 8.86% 1.76% 0.86% 2.83% 3 0% / 100% Active PIE $257.75M 24/05/2011 Quarterly 2 Days 2 Days Yes https://smartinvestor.sorted.org.nz/kiwisaver-and-managed-funds/SCH10815/OFR10909/FND1412/ https://www.harbourasset.co.nz/our-funds/core-fixed-interest-fund/ https://cdn.investnow.co.nz/20241105103659/HA_Product_Disclosure_Statement_-_Singles_-_30_October_2024.pdf
Harbour NZ Corporate Bond Fund A fixed interest fund that is designed to provide income through the yields available from investment-grade New Zealand corporate bonds. Managed Funds Harbour New Zealand Fixed Interest 0.47% 0.46% 0% / 0% 0.53% 1.17% 5.10% 8.45% 2.69% 1.58% 3.14% 3 0% / 100% Active PIE $508.24M 16/02/2009 Quarterly 2 Days 2 Days No https://smartinvestor.sorted.org.nz/kiwisaver-and-managed-funds/SCH10815/OFR10909/FND1413/ https://www.harbourasset.co.nz/our-funds/corporate-bond-fund/ https://cdn.investnow.co.nz/20241105103659/HA_Product_Disclosure_Statement_-_Singles_-_30_October_2024.pdf
Harbour NZ Index Shares Fund This Fund is designed to provide low-cost exposure to the New Zealand share market by passively tracking the S&P/NZX 50 Portfolio Index. This index contains the top 50 companies listed on the NZX, but with a 5% cap on each company. Managed Funds Harbour Australasian Equities 0.21% 0.21% 0% / 0% 2.77% 5.14% 10.69% 13.75% 0.83% 3.19% – 5 99% / 1% Passive PIE $547.38M 03/12/2014 Annually 2 Days 2 Days No https://smartinvestor.sorted.org.nz/kiwisaver-and-managed-funds/SCH10815/OFR10909/FND1423/ https://www.harbourasset.co.nz/our-funds/index-shares/ https://cdn.investnow.co.nz/20241105103659/HA_Product_Disclosure_Statement_-_Singles_-_30_October_2024.pdf
Harbour Real Estate Investment Fund An actively managed fund that invests in listed companies which derive their economic value predominantly from owning or controlling real estate. The Fund provides investors with easier access to a diversified portfolio of different types of commercial and industrial property. Managed Funds Harbour Listed Property 0.74% 0.77% 0% / 0% −0.50% −1.38% 8.50% 11.15% −2.62% 1.67% – 6 97.5% / 2.5% Active PIE $123.57M 01/10/2018 Semi-annually 2 Days 2 Days No https://smartinvestor.sorted.org.nz/kiwisaver-and-managed-funds/SCH10815/OFR10909/FND11581/ https://www.harbourasset.co.nz/our-funds/harbour-real-estate-investment-fund/ https://cdn.investnow.co.nz/20241105103659/HA_Product_Disclosure_Statement_-_Singles_-_30_October_2024.pdf
Harbour Sustainable Impact Fund A diversified fund designed for investors who want to grow their wealth and make a positive impact. This net carbon neutral fund aims to exceed the Official Cash Rate + 4% over rolling 5-year periods. It is also designed to make a positive impact as measured against UN Sustainable Development Goals, focusing on areas like climate change mitigation, natural capital, resource sustainability, thriving communities & infrastructure, and social inclusion. The fund includes exposure to global shares through Mirova and T. Rowe Price, Australasian shares and bonds/private credit managed by Harbour, and venture capital through Icehouse Ventures. Managed Funds Harbour Diversified 1.13% 1.33% 0% / 0% 1.49% 2.04% 6.45% 13.47% – – – 4 55%-72.5% / 27.5%-45% Active PIE $8.5M 30/11/2021 – 2 Days 2 Days No https://smartinvestor.sorted.org.nz/kiwisaver-and-managed-funds/SCH10815/OFR10909/FND36270/ https://www.harbourasset.co.nz/our-funds/sustainable-impact-fund/ https://cdn.investnow.co.nz/20241105103652/HA_Product_Disclosure_Statement_-_Multis_-_30_October_2024.pdf
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. Managed Funds Harbour Australasian Equities 0.26% 0.27% 0% / 0% 2.46% 4.55% 10.47% 14.14% 1.29% – – 5 99% / 1% Active PIE $274.13M 07/04/2021 Semi-annually 2 Days 2 Days No https://smartinvestor.sorted.org.nz/kiwisaver-and-managed-funds/SCH10815/OFR10909/FND22696/ https://www.harbourasset.co.nz/our-funds/harbour-sustainable-nz-shares-fund/ https://cdn.investnow.co.nz/20241105103659/HA_Product_Disclosure_Statement_-_Singles_-_30_October_2024.pdf
Harbour T. Rowe Price Global Equity Fund A high conviction, truly global equity portfolio seeking to invest in companies with above-average and sustainable growth characteristics. The Fund invests in a broadly diversified portfolio of global equities, typically comprising around 150 stocks. Managed Funds & KiwiSaver Harbour International Equities 1.20% 1.20% 0% / 0% 3.89% 9.28% 13.93% 31.64% 5.23% 12.26% 13.05% 5 98% / 2% Active PIE $682.88M 21/10/2015 – 2 Days 3 Days Yes https://smartinvestor.sorted.org.nz/kiwisaver-and-managed-funds/SCH10815/OFR10909/FND1426/ https://www.harbourasset.co.nz/our-funds/global-equity-fund/ https://cdn.investnow.co.nz/20241105103652/HA_Product_Disclosure_Statement_-_Multis_-_30_October_2024.pdf
Harbour T. Rowe Price Global Equity Fund – Hedged A high conviction, truly global equity portfolio seeking to invest in companies with above-average and sustainable growth characteristics. The Fund invests in a broadly diversified portfolio of global equities, typically comprising around 150 stocks, and is 100% hedged to NZD. Managed Funds Harbour International Equities 1.23% 1.24% 0% / 0% 3.47% 4.33% 9.90% 26.41% 0.29% – – 6 95% / 5% Active PIE $247.42M 01/10/2021 – 2 Days 3 Days No https://smartinvestor.sorted.org.nz/kiwisaver-and-managed-funds/SCH10815/OFR10909/FND35147/ https://www.harbourasset.co.nz/our-funds/global-equity-fund/ https://cdn.investnow.co.nz/20241105103652/HA_Product_Disclosure_Statement_-_Multis_-_30_October_2024.pdf
Hunter Global Fixed Interest Fund The Fund invests in a portfolio of international fixed income securities, derivatives and cash. The investment objective of the Fund is to provide a total return, before costs and tax, 1% p.a. higher than the Bloomberg Barclays Global Aggregate Index - 100% New Zealand dollar hedged over a rolling three year period. Managed Funds & KiwiSaver Harbour International Fixed Interest 0.53% 0.53% 0% / 0.10% 1.45% 0.87% 3.84% 7.62% −0.64% 0.72% – 4 0% / 100% Active PIE $1,154.18M 15/03/2017 Semi-annually 2 Days 3 Days Yes https://smartinvestor.sorted.org.nz/kiwisaver-and-managed-funds/SCH11176/OFR11173/FND2387/ https://hunterinvestments.co.nz/hunter-fund/ https://cdn.investnow.co.nz/20241108103941/Hunter_Investment_Fund-_PDS_30_October_2024.pdf
India Avenue Equity Fund The Fund seeks to provide long-term capital growth to clients by investing in listed shares of companies benefitting from strong economic growth in India. We believe India’s growth creates a vibrant ecosystem for companies to grow their profits from growing consumption, infrastructure, technology and financial needs of a significant (over 1.3 billion people) and youthful (50% aged 26 or below) population. By investing in a diverse portfolio of companies, it is our belief that we can generate outperformance of our passive, market-capitalization weighted benchmark (MSCI India), with less volatility, over rolling 5 year periods. Managed Funds India Avenue International Equities 1.50% N/A 0.35% / 0.35% −0.23% −0.46% 15.57% 28.22% 13.41% 15.76% – 0 70%-100% / 0%-30% Active AUT $111.26M 06/09/2016 Annually 3 Days 4 Days No N/A https://indiaavenueinvest.com/our-fund/ https://cdn.investnow.co.nz/20210601165208/India-Avenue-Equity-Fund-Retail-Class-NZ-PDS.pdf
Lighthouse Global Equity Fund The Fund invests in very large capitalisation stocks and ETFs listed on the NYSE and Nasdaq stock markets. The investment objective of the Fund is to deliver long-run pre-tax returns (after fees and expenses) that are at least 2% pa above the return of the MSCI All Country World Net Index, and to minimise the Fund’s “losing years” – that is financial years where investors receive a negative return, or loss, rather than a positive return. The Fund may use leverage of up to 30% of NAV. The Fund’s foreign currency exposures are not hedged back to New Zealand dollars. Managed Funds Lighthouse International Equities 1.05% 5.83% 0.10% / 0.10% 14.28% 30.61% 27.87% 84.38% 15.29% – – 7 98% / 2% Active PIE $18.54M 01/03/2021 – 2 Days 2 Days No https://smartinvestor.sorted.org.nz/kiwisaver-and-managed-funds/SCH13048/OFR13049/FND22649/ https://lighthousefunds.nz/our-managed-fund https://cdn.investnow.co.nz/20230413151352/Lighthouse-Investment-Funds-PDS.pdf
Mercer All Country Global Shares Index Fund The fund is a passively managed international shares portfolio that is designed to track the return of the MSCI All Country World ex Tobacco Index. The fund targets a position of being 69% gross hedged to the New Zealand dollar. The hedges are based on the currency components of the underlying index. Managed Funds & KiwiSaver Mercer International Equities 0.46% 0.46% 0.07% / 0.12% 4.05% 6.15% 11.31% 27.19% 8.53% 11.25% – 5 100% / 0% Passive PIE $84.03M 27/11/2017 Semi-annually 2 Days 2 Days Yes https://smartinvestor.sorted.org.nz/kiwisaver-and-managed-funds/SCH10307/OFR10322/FND8207/ https://www.multimanager.mercer.co.nz/funds/overview.html https://cdn.investnow.co.nz/20240515131323/Mercer-Investment-Funds-PDS-Index-Funds.pdf
Mercer Australian Property Index Fund The fund is a passively managed portfolio that provides access to Australian listed property. It is designed to track the return of the S&P/ASX 200 A-REIT Accumulation Index fully hedged to New Zealand dollars. The fund is fully hedged to the New Zealand dollar. Managed Funds Mercer Listed Property 0.80% 0.80% 0.18% / 0.18% 2.26% 5.80% 13.83% 37.67% 6.43% 5.21% 9.01% 7 100% / 0% Passive PIE $11.86M 01/06/1995 Semi-annually 2 Days 2 Days No https://smartinvestor.sorted.org.nz/kiwisaver-and-managed-funds/SCH10307/OFR10322/FND95/ https://www.multimanager.mercer.co.nz/funds/overview.html https://cdn.investnow.co.nz/20240515131323/Mercer-Investment-Funds-PDS-Index-Funds.pdf
Mercer Core Global Shares Fund The fund invests in shares listed on share markets predominately in developed economies. The portfolio uses multiple managers and is diversified by region, manager and investment approaches. Managed Funds Mercer International Equities 1.51% 1.51% 0.13% / 0.13% 4.03% 10.36% 14.05% 33.69% 15.72% 13.90% 12.75% 5 100% / 0% Active PIE $57.85M 26/11/2007 – 2 Days 2 Days No https://smartinvestor.sorted.org.nz/kiwisaver-and-managed-funds/SCH10307/OFR10322/FND84/ https://www.multimanager.mercer.co.nz/funds/overview.html https://cdn.investnow.co.nz/20240515131343/Mercer-Investment-Funds-PDS-Global-Shares-Funds.pdf
Mercer Core Hedged Global Shares Fund The fund invests in shares listed on share markets predominately in developed economies, and is fully hedged to the New Zealand dollar. The portfolio uses multiple managers and is diversified by region, manager and investment approaches. Managed Funds Mercer International Equities 1.74% 1.74% 0.17% / 0.17% 3.68% 3.59% 8.03% 26.37% 9.16% 10.43% 9.01% 6 100% / 0% Active PIE $20.47M 26/11/2007 – 2 Days 2 Days No https://smartinvestor.sorted.org.nz/kiwisaver-and-managed-funds/SCH10307/OFR10322/FND85/ https://www.multimanager.mercer.co.nz/funds/overview.html https://cdn.investnow.co.nz/20240515131343/Mercer-Investment-Funds-PDS-Global-Shares-Funds.pdf
Mercer Emerging Markets Shares Fund The fund invests in shares listed on share markets in emerging economies. The portfolio is managed using a single manager. Managed Funds Mercer International Equities 2.07% 2.07% 0.25% / 0.25% −2.62% 3.82% 4.69% 15.86% 1.32% 2.82% 4.55% 5 100% / 0% Active PIE $5.9M 01/11/2007 – 2 Days 2 Days No https://smartinvestor.sorted.org.nz/kiwisaver-and-managed-funds/SCH10307/OFR10322/FND86/ https://www.multimanager.mercer.co.nz/funds/overview.html https://cdn.investnow.co.nz/20240515131343/Mercer-Investment-Funds-PDS-Global-Shares-Funds.pdf
Mercer Ethical Leaders Balanced Fund The fund is a diversified portfolio with a slightly higher allocation to a mix of growth assets (e.g., shares and listed property) relative to a mix of income assets (e.g., cash and fixed income). The fund has been certified by the Responsible Investment Association of Australasia. Managed Funds & KiwiSaver Mercer Diversified 1.32% 1.32% 0.12% / 0.12% 1.61% 3.52% 6.86% 15.40% 3.15% 4.89% 5.66% 4 60% / 40% Active PIE $36.72M 11/08/2009 – 2 Days 2 Days Yes https://smartinvestor.sorted.org.nz/kiwisaver-and-managed-funds/SCH10307/OFR10322/FND101/ https://www.multimanager.mercer.co.nz/funds/overview.html https://cdn.investnow.co.nz/20240902163238/Mercer_Investment_Funds_PDS_Ethical_Leaders_Diversified_Funds-13-August-2024.pdf
Mercer Ethical Leaders Global Shares Fund The fund invests in shares listed on international share markets managed within a sustainable approach. The fund is managed to specific ‘sustainable investment’ criteria which prohibits investments in certain companies or activities, and encourages investment in companies with strong environmental, social and governance characteristics. This fund has additional exclusions applied as described in our Sustainable Investment Policy and has been certified by the Responsible Investment Association of Australasia (RIAA). Managed Funds Mercer International Equities 1.53% 1.53% 0.15% / 0.10% 4.13% 7.63% 12.67% 29.31% 9.30% 10.88% 9.10% 5 100% / 0% Active PIE $13.85M 06/11/2007 – 2 Days 2 Days No https://smartinvestor.sorted.org.nz/kiwisaver-and-managed-funds/SCH10307/OFR10322/FND87/ https://www.multimanager.mercer.co.nz/funds/overview.html https://cdn.investnow.co.nz/20240515131343/Mercer-Investment-Funds-PDS-Global-Shares-Funds.pdf
Mercer Ethical Leaders Hedged Global Fixed Interest Index Fund The fund is a passively managed international fixed interest portfolio that is designed to track the return of the Bloomberg Barclays MSCI Global Aggregate SRI Select ex Fossil Fuels Index. The fund is fully hedged to New Zealand dollars. As described in our Sustainable Investment Policy, this fund is managed to specific ‘sustainable investment’ criteria which prohibits investments in certain companies or activities, and encourages investment in companies with strong environmental, social and governance characteristics. Managed Funds & KiwiSaver Mercer International Fixed Interest 0.44% 0.44% 0.16% / 0.06% 1.18% 0.59% 4.58% 6.41% −1.68% −0.48% – 4 0% / 100% Passive PIE $542M 27/11/2017 Semi-annually 2 Days 2 Days Yes https://smartinvestor.sorted.org.nz/kiwisaver-and-managed-funds/SCH10307/OFR10322/FND8206/ https://www.multimanager.mercer.co.nz/funds/overview.html https://cdn.investnow.co.nz/20240515131323/Mercer-Investment-Funds-PDS-Index-Funds.pdf
Mercer Ethical Leaders NZ Shares Fund The fund is a diversified portfolio of predominantly New Zealand shares across a range of industries and sectors. The portfolio may also invest in Australian shares. The fund is managed to specific ‘sustainable investment’ criteria which prohibits investments in certain companies or activities, and encourages investment in companies with strong environmental, social and governance factors and also actively engages on key thematic engagements each year. This fund has additional exclusions applied as described in our Sustainable Investment Policy and has been certified by the Responsible Investment Association of Australasia (RIAA). Managed Funds Mercer Australasian Equities 0.91% 0.91% 0.25% / 0.25% 3.67% 6.62% 12.93% 22.61% 1.29% 5.74% 10.67% 5 100% / 0% Active PIE $37.61M 12/12/2012 – 2 Days 2 Days No https://smartinvestor.sorted.org.nz/kiwisaver-and-managed-funds/SCH10307/OFR10322/FND94/ https://www.multimanager.mercer.co.nz/funds/overview.html https://cdn.investnow.co.nz/20240515131340/Mercer-Investment-Funds-PDS-NZ-and-Australian-Shares-Funds.pdf
Mercer Global Shares Fund The fund invests in international shares listed on share markets around the world by using investment managers from around the world which are combined in a multi-manager fund. Managed Funds Mercer International Equities 1.41% 1.41% 0.12% / 0.11% 2.95% 6.21% 9.99% 27.70% 10.33% 11.08% 10.26% 5 100% / 0% Active PIE $28.48M 13/12/1994 – 2 Days 2 Days No https://smartinvestor.sorted.org.nz/kiwisaver-and-managed-funds/SCH10307/OFR10322/FND83/ https://www.multimanager.mercer.co.nz/funds/overview.html https://cdn.investnow.co.nz/20240515131343/Mercer-Investment-Funds-PDS-Global-Shares-Funds.pdf
Mercer Income Generator Fund The fund aims to provide a gross fixed monthly income in excess of bank deposit rates, along with a positive return on capital over the long term. To achieve this, the fund invests in a diversified mix of growth and defensive assets, with a focus on reliable income generation. Managed Funds Mercer Diversified 0.95% 1.00% 0.16% / 0.13% 1.66% 1.66% 6.17% 10.47% 3.37% 3.58% 5.73% 4 40% / 60% Active PIE $33.69M 30/06/2014 – 2 Days 2 Days No https://smartinvestor.sorted.org.nz/kiwisaver-and-managed-funds/SCH10307/OFR10322/FND89/ https://www.multimanager.mercer.co.nz/funds/overview.html https://cdn.investnow.co.nz/20240925132807/Mercer_Investment_Funds_PDS_Goals_Based_Funds.pdf
Mercer Macquarie Australian Shares Fund The fund is a diversified portfolio of Australian shares across a range of industries and sectors. Managed Funds Mercer Australasian Equities 0.49% 0.49% 0.20% / 0.20% 3.90% 7.31% 13.76% 26.72% 11.44% 8.84% 7.98% 6 100% / 0% Active PIE $369.52M 17/09/1996 – 2 Days 2 Days No https://smartinvestor.sorted.org.nz/kiwisaver-and-managed-funds/SCH10307/OFR10322/FND93/ https://www.multimanager.mercer.co.nz/funds/overview.html https://cdn.investnow.co.nz/20240515131340/Mercer-Investment-Funds-PDS-NZ-and-Australian-Shares-Funds.pdf
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. Managed Funds Mercer International Fixed Interest 1.17% 1.17% 0.13% / 0.13% 0.58% 0.90% 3.58% 6.83% 2.09% 1.68% 2.15% 3 0% / 100% Active PIE $8.92M 11/05/2012 Semi-annually 2 Days 2 Days No https://smartinvestor.sorted.org.nz/kiwisaver-and-managed-funds/SCH10307/OFR10322/FND82/ https://www.multimanager.mercer.co.nz/funds/overview.html https://cdn.investnow.co.nz/20240515131336/Mercer-Investment-Funds-PDS-Cash-and-Fixed-Interest-Funds.pdf
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. Managed Funds Mercer Other 1.36% 1.36% 0.25% / 0.25% 4.43% 4.70% 13.26% 16.32% 8.43% 6.22% 6.78% 6 100% / 0% Active PIE $200.28M 07/09/2012 Semi-annually 2 Days 2 Days No https://smartinvestor.sorted.org.nz/kiwisaver-and-managed-funds/SCH10307/OFR10322/FND98/ https://www.multimanager.mercer.co.nz/funds/overview.html https://cdn.investnow.co.nz/20240515131328/Mercer-Investment-Funds-PDS-Property-and-Infrastructure-Funds.pdf
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. Managed Funds & KiwiSaver Mercer Listed Property 1.36% 1.36% 0.25% / 0.25% 2.87% 3.08% 13.32% 17.89% −2.56% 0.95% 4.14% 6 100% / 0% Active PIE $192.25M 29/11/2007 Semi-annually 2 Days 2 Days Yes https://smartinvestor.sorted.org.nz/kiwisaver-and-managed-funds/SCH10307/OFR10322/FND97/ https://www.multimanager.mercer.co.nz/funds/overview.html https://cdn.investnow.co.nz/20240515131328/Mercer-Investment-Funds-PDS-Property-and-Infrastructure-Funds.pdf
Mercer Macquarie NZ Cash Fund The fund is an actively managed portfolio of bank bills, floating rate notes and short term securities and liquid deposits and is a very low risk product that targets capital security. Managed Funds & KiwiSaver Mercer Cash and Cash Equivalents 0.30% 0.30% 0% / 0% 0.37% 1.23% 2.66% 5.58% 4.25% 2.75% 2.61% 2 0% / 100% Active PIE $292.19M 01/06/1995 Monthly 2 Days 2 Days Yes https://smartinvestor.sorted.org.nz/kiwisaver-and-managed-funds/SCH10307/OFR10322/FND78/ https://www.multimanager.mercer.co.nz/funds/overview.html https://cdn.investnow.co.nz/20240515131336/Mercer-Investment-Funds-PDS-Cash-and-Fixed-Interest-Funds.pdf
Mercer Macquarie NZ Fixed Interest Fund The fund is an actively managed portfolio of fixed interest securities, focusing predominantly on government bonds and corporate securities in the New Zealand market. Managed Funds & KiwiSaver Mercer New Zealand Fixed Interest 0.60% 0.60% 0.10% / 0.10% 0.49% 0.64% 5.09% 7.95% 1.23% 0.09% 2.60% 3 0% / 100% Active PIE $270.63M 05/06/1995 Semi-annually 2 Days 2 Days Yes https://smartinvestor.sorted.org.nz/kiwisaver-and-managed-funds/SCH10307/OFR10322/FND79/ https://www.multimanager.mercer.co.nz/funds/overview.html https://cdn.investnow.co.nz/20240515131336/Mercer-Investment-Funds-PDS-Cash-and-Fixed-Interest-Funds.pdf
Mercer Macquarie NZ Short Duration Fund The fund is an actively managed portfolio of fixed interest securities, focusing predominantly on corporate securities in the New Zealand and Australian market with a shorter average maturity than a standard fixed interest fund. Managed Funds Mercer New Zealand Fixed Interest 0.64% 0.64% 0.05% / 0.05% 0.16% 1.33% 4.60% 7.09% 3.17% 2.05% 2.94% 2 0% / 100% Active PIE $62.59M 28/09/2007 Semi-annually 2 Days 2 Days No https://smartinvestor.sorted.org.nz/kiwisaver-and-managed-funds/SCH10307/OFR10322/FND80/ https://www.multimanager.mercer.co.nz/funds/overview.html https://cdn.investnow.co.nz/20240515131336/Mercer-Investment-Funds-PDS-Cash-and-Fixed-Interest-Funds.pdf
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. Managed Funds Mercer Diversified 1.50% 1.50% 0.13% / 0.14% 1.05% 1.21% 4.14% 7.32% 1.24% 3% 3.45% 4 5% / 95% Active PIE $4.79M 11/12/2013 Semi-annually 2 Days 2 Days No https://smartinvestor.sorted.org.nz/kiwisaver-and-managed-funds/SCH10307/OFR10322/FND88/ https://www.multimanager.mercer.co.nz/funds/overview.html https://cdn.investnow.co.nz/20240925132807/Mercer_Investment_Funds_PDS_Goals_Based_Funds.pdf
Mercer NZ Shares Passive Fund The fund is a passively managed New Zealand shares portfolio that is designed to track the return of the S&P/NZX 50 Index. Managed Funds & KiwiSaver Mercer Australasian Equities 0.34% 0.34% 0.13% / 0.13% 3.33% 5.25% 10.53% 15.89% 1.50% 3.38% – 5 100% / 0% Passive PIE $385.69M 27/11/2017 Semi-annually 2 Days 2 Days Yes https://smartinvestor.sorted.org.nz/kiwisaver-and-managed-funds/SCH10307/OFR10322/FND8205/ https://www.multimanager.mercer.co.nz/funds/overview.html https://cdn.investnow.co.nz/20240515131323/Mercer-Investment-Funds-PDS-Index-Funds.pdf
Milford Active Growth Fund The Fund’s objective is to provide annual returns of 10% after the base fund fee but before tax and before the performance fee, over the minimum recommended investment timeframe of seven years. It is a diversified fund that primarily invests in equities, with a moderate allocation to fixed interest securities. Managed Funds & KiwiSaver Milford Diversified 1.20% 1.87% 0.10%** 3.28% 4.68% 8.59% 20.84% 7.67% 9.69% 10.43% 5 78% / 22% Active PIE $4,227.9M 01/10/2007 – 2 Days 2 Days Yes https://smartinvestor.sorted.org.nz/kiwisaver-and-managed-funds/SCH10700/OFR10702/FND753/ https://milfordasset.com/funds-performance/active-growth-fund https://cdn.investnow.co.nz/20240624134558/Milford_Investment_Funds_-_Product_Disclosure_Statement_-_20_June_2024.pdf
Milford Aggressive Fund The Fund’s objective is to maximise capital growth after the base fund fee but before tax and before any indirect performance fee, over the minimum recommended investment timeframe of ten years. It primarily invests in international equities, with a moderate allocation to Australasian equities. Managed Funds & KiwiSaver Milford Diversified 1.15% 1.15% 0.09%** 4.51% 5.46% 8.66% 25.13% 7.19% – – 5 95% / 5% Active PIE $2,538.65M 21/06/2021 Semi-annually 2 Days 2 Days Yes https://smartinvestor.sorted.org.nz/kiwisaver-and-managed-funds/SCH10700/OFR10702/FND23786/ https://milfordasset.com/funds-performance/aggressive-fund https://cdn.investnow.co.nz/20240624134558/Milford_Investment_Funds_-_Product_Disclosure_Statement_-_20_June_2024.pdf
Milford Australian Absolute Growth Fund The Fund’s targets an absolute return with an annualised return objective of 5% above the New Zealand Official Cash Rate while seeking to protect capital after the base fund fee but before tax and before the performance fee, over rolling three year periods. The Fund has a minimum recommended investment timeframe of seven years. It is a diversified fund that primarily invests in Australasian equities, complemented by selective exposure to international equities, fixed interest securities and cash. Managed Funds Milford Australasian Equities 1.25% 1.05% 0.11%** 1.71% 1.58% 0.55% 8.57% 4.52% 7.43% – 4 82.5% / 17.5% Active PIE $565.58M 01/03/2018 – 2 Days 2 Days No https://smartinvestor.sorted.org.nz/kiwisaver-and-managed-funds/SCH10700/OFR10702/FND9239/ https://milfordasset.com/funds-performance/australian-absolute-growth-fund https://cdn.investnow.co.nz/20240624134558/Milford_Investment_Funds_-_Product_Disclosure_Statement_-_20_June_2024.pdf
Milford Balanced Fund The Fund’s objective is to provide capital growth after management and administration charges but before tax and before the performance fee over the minimum recommended investment timeframe of five years. It is a diversified fund that primarily invests in equities, with a significant allocation to fixed interest securities. Managed Funds & KiwiSaver Milford Diversified 1.06% 1.28% 0.11%** 2.34% 3.59% 6.62% 15.03% 5.50% 7.22% 8.31% 4 61% / 39% Active PIE $2,013.43M 01/04/2010 – 2 Days 2 Days Yes https://smartinvestor.sorted.org.nz/kiwisaver-and-managed-funds/SCH10700/OFR10702/FND513/ https://milfordasset.com/funds-performance/balanced-fund https://cdn.investnow.co.nz/20240624134558/Milford_Investment_Funds_-_Product_Disclosure_Statement_-_20_June_2024.pdf
Milford Cash Fund The Fund’s objective is to provide a return above the New Zealand Official Cash Rate. It primarily invests in New Zealand cash, short-dates debt securities and term deposits. Managed Funds Milford Cash and Cash Equivalents 0.20% 0.20% 0.00%** 0.38% 1.29% 2.72% 5.69% 4.32% 2.81% – 1 0% / 100% Active PIE $685.46M 01/03/2019 – 2 Days 2 Days No https://smartinvestor.sorted.org.nz/kiwisaver-and-managed-funds/SCH10700/OFR10702/FND13445/ https://milfordasset.com/funds-performance/cash-fund https://cdn.investnow.co.nz/20240624134558/Milford_Investment_Funds_-_Product_Disclosure_Statement_-_20_June_2024.pdf
Milford Conservative Fund The Fund’s objective is to provide a moderate return and protect capital after management and administration charges but before tax over the minimum recommended investment timeframe of three years. It is a diversified fund that primarily invests in fixed interest securities, with a moderate allocation to equities. Managed Funds & KiwiSaver Milford Diversified 0.85% 0.95% 0.10%** 1.37% 2.00% 5.74% 11.02% 3.95% 3.64% – 3 18% / 82% Active PIE $597.23M 01/09/2015 Quarterly 2 Days 2 Days Yes https://smartinvestor.sorted.org.nz/kiwisaver-and-managed-funds/SCH10700/OFR10702/FND752/ https://milfordasset.com/funds-performance/conservative-fund https://cdn.investnow.co.nz/20240624134558/Milford_Investment_Funds_-_Product_Disclosure_Statement_-_20_June_2024.pdf
Milford Diversified Income Fund The Fund’s objective is to provide income and capital growth after the base fund fee but before tax and before the performance fee, over the minimum recommended investment timeframe of four years. It is a diversified fund that primarily invests in fixed interest and equity income-generating securities. Managed Funds Milford Diversified 0.85% 0.65% 0.12%** 1.33% 2.15% 5.75% 12.53% 4.78% 4.55% 7.25% 4 40% / 60% Active PIE $2,823.42M 01/04/2010 Quarterly 2 Days 2 Days No https://smartinvestor.sorted.org.nz/kiwisaver-and-managed-funds/SCH10700/OFR10702/FND515/ https://milfordasset.com/funds-performance/diversified-income-fund https://cdn.investnow.co.nz/20240624134558/Milford_Investment_Funds_-_Product_Disclosure_Statement_-_20_June_2024.pdf
Milford Global Corporate Bond Fund The Fund’s objective is to protect capital and generate a positive, NZD hedged return after management and administration charges but before tax that exceeds the relevant benchmark over the minimum recommended investment timeframe of three years. Managed Funds Milford International Fixed Interest 0.85% 0.85% 0.11%** 1.51% 0.87% 5.38% 8.98% 1.91% 2.14% – 3 0% / 100% Active PIE $372.06M 01/02/2017 – 2 Days 2 Days No https://smartinvestor.sorted.org.nz/kiwisaver-and-managed-funds/SCH10700/OFR10702/FND9241/ https://milfordasset.com/funds-performance/global-corporate-bond-fund https://cdn.investnow.co.nz/20240624134558/Milford_Investment_Funds_-_Product_Disclosure_Statement_-_20_June_2024.pdf
Milford Global Equity Fund The Fund’s objective is to provide capital growth after management and administration charges but before tax and before the performance fee by outperforming the relevant share market index over the minimum recommended investment timeframe of eight years. It is primarily invested in international equities. Managed Funds Milford International Equities 1.35% 1.35% 0.07%** 4.44% 5.18% 8.33% 24.97% 5.22% 11.11% 9.57% 6 95% / 5% Active PIE $1,213.21M 12/04/2013 Quarterly 2 Days 2 Days No https://smartinvestor.sorted.org.nz/kiwisaver-and-managed-funds/SCH10700/OFR10702/FND755/ https://milfordasset.com/funds-performance/global-equity-fund https://cdn.investnow.co.nz/20240624134558/Milford_Investment_Funds_-_Product_Disclosure_Statement_-_20_June_2024.pdf
Milford Trans-Tasman Bond Fund The Fund’s objective is to generate a positive, low return after management and administration charges but before tax that exceeds the relevant benchmark over the minimum recommended investment timeframe of three years. Managed Funds Milford New Zealand Fixed Interest 0.65% 0.65% 0.11%** 0.70% 1.04% 4.60% 8.58% 2.91% 2.13% 3.73% 3 0% / 100% Active PIE $1,405.62M 02/12/2013 – 2 Days 2 Days No https://smartinvestor.sorted.org.nz/kiwisaver-and-managed-funds/SCH10700/OFR10702/FND9240/ https://milfordasset.com/funds-performance/trans-tasman-bond-fund https://cdn.investnow.co.nz/20240624134558/Milford_Investment_Funds_-_Product_Disclosure_Statement_-_20_June_2024.pdf
Milford Trans-Tasman Equity Fund The Fund’s objective is to provide capital growth after management and administration charges but before tax and before the performance fee by outperforming a mix of two relevant share market indices over the minimum recommended investment timeframe of eight years. It is primarily invested in Australasian equities. Managed Funds Milford Australasian Equities 1.05% 1.05% 0.14%** 3.63% 6.02% 10.10% 21.20% 5.38% 8.31% 11.43% 5 95% / 5% Active PIE $769.3M 01/10/2007 Quarterly 2 Days 2 Days No https://smartinvestor.sorted.org.nz/kiwisaver-and-managed-funds/SCH10700/OFR10702/FND754/ https://milfordasset.com/funds-performance/trans-tasman-equity-fund https://cdn.investnow.co.nz/20240624134558/Milford_Investment_Funds_-_Product_Disclosure_Statement_-_20_June_2024.pdf
Mint Australasian Equity Fund This Fund typically invests in New Zealand and Australian listed equities and has an investment objective of outperforming the S&P/NZX50 Gross Index by 3% per annum, before fees, over the medium to long-term. Managed Funds & KiwiSaver Mint Australasian Equities 1.19% 1.19% 0% / 0% 4.03% 6.20% 9.28% 20.13% 3.09% 4.27% 9.97% 5 95% / 5% Active PIE $215.22M 15/02/2007 – 3 Days 3 Days Yes https://smartinvestor.sorted.org.nz/kiwisaver-and-managed-funds/SCH10787/OFR10827/FND900/ https://www.mintasset.co.nz/our-funds/funds-overview/mint-australasian-equity-fund/ https://cdn.investnow.co.nz/20240911100558/Mint-Product-Disclosure-Statement-2024.pdf
Mint Australasian Property Fund This Fund typically invests in New Zealand and Australian listed property securities and has an investment objective of outperforming the S&P/NZX All Real Estate (Industry Group) Gross Index by 1% per annum, before fees, over the medium to long-term. Managed Funds Mint Listed Property 1.05% 1.05% 0% / 0% −1.15% −2.99% 5.02% 9.13% −3.49% −0.89% 5.76% 5 95% / 5% Active PIE $18.38M 31/12/2007 – 3 Days 3 Days No https://smartinvestor.sorted.org.nz/kiwisaver-and-managed-funds/SCH10787/OFR10827/FND930/ https://www.mintasset.co.nz/our-funds/funds-overview/mint-australasian-property-fund/ https://cdn.investnow.co.nz/20240911100558/Mint-Product-Disclosure-Statement-2024.pdf
Mint Diversified Growth Fund This Fund offers a diversified portfolio and aims to provide capital growth over the long-term. The Fund invests primarily in New Zealand and international equities, but will also hold cash and fixed interest securities. The objective of the Fund is to deliver returns in excess of the Consumers Price Index (CPI) by 4.5% per annum, before fees, over the medium to long-term. The relevant market index for the Fund is a composite index derived from the underlying asset classes of the Fund. Managed Funds & KiwiSaver Mint Diversified 1.21% 1.18% 0% / 0% 4.18% 4.62% 9.32% 18% 2.89% 8.19% – 5 80% / 20% Active PIE $52.64M 10/12/2018 – 3 Days 3 Days Yes https://smartinvestor.sorted.org.nz/kiwisaver-and-managed-funds/SCH10787/OFR10827/FND12527/ https://www.mintasset.co.nz/our-funds/funds-overview/mint-diversified-growth-fund/ https://cdn.investnow.co.nz/20240911100558/Mint-Product-Disclosure-Statement-2024.pdf
Mint Diversified Income Fund This Fund offers diversification by investing across a number of asset classes both in New Zealand and internationally. These include cash, fixed interest, listed property, and equites. The objective of the Fund is to deliver a total return (through a combination of income and capital growth) in excess of the Consumers Price Index (CPI) by 3% per annum, before fees, over the medium to long-term. The relevant market index for the Fund is a composite index derived from the underlying asset classes of the Fund. Managed Funds & KiwiSaver Mint Diversified 0.98% 0.95% 0% / 0% 1.48% 2.36% 7.11% 10.99% 2.44% 2.77% 4.30% 4 30% / 70% Active PIE $57.28M 31/08/2014 Quarterly 3 Days 3 Days Yes https://smartinvestor.sorted.org.nz/kiwisaver-and-managed-funds/SCH10787/OFR10827/FND950/ https://www.mintasset.co.nz/our-funds/funds-overview/mint-diversified-income-fund/ https://cdn.investnow.co.nz/20240911100558/Mint-Product-Disclosure-Statement-2024.pdf
Mint New Zealand SRI Equity Fund Mint’s New Zealand SRI Equity Fund is a single asset class Fund, which typically invests in New Zealand listed equities. Investors should expect returns and risk commensurate with the New Zealand share market. The Fund has been designed to meet specific responsible investment criteria, with the aim of building a portfolio where the holdings in aggregate, generate a better ESG score in our systems than the benchmark S&P/NZX50 Gross Index. The Fund has an investment objective of outperforming the S&P/NZX50 Gross Index by 2% per annum, before fees, over the medium to long-term. Managed Funds Mint Australasian Equities 0.95% 0.95% 0% / 0% 3.14% 6.40% 11.70% 16.23% 1.82% 4.52% – 5 95% / 5% Active PIE $91.23M 12/10/2017 – 3 Days 3 Days No https://smartinvestor.sorted.org.nz/kiwisaver-and-managed-funds/SCH10787/OFR10827/FND22677/ https://www.mintasset.co.nz/our-funds/funds-overview/mint-new-zealand-sri-equity-fund/ https://cdn.investnow.co.nz/20240911100558/Mint-Product-Disclosure-Statement-2024.pdf
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. Managed Funds Nikko Australasian Equities 1.15% 1.15% 0.29% / 0.29% 1.42% 5.90% 8.70% 18.40% 2.38% 5.33% 9.68% 5 100% / 0% Active PIE $22.85M 21/08/2006 Semi-annually 2 Days 2 Days No https://smartinvestor.sorted.org.nz/kiwisaver-and-managed-funds/SCH10488/OFR10608/FND468/ https://www.nikkoam.co.nz/invest/retail/nikko-am-concentrated-equity-fund https://cdn.investnow.co.nz/20230718215232/NikkoAM_DomesticEquityFunds_PDS_3Jul23.pdf
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. Managed Funds Nikko Australasian Equities 0.95% 0.95% 0.29% / 0.29% 2.77% 5.57% 9.54% 15.94% 2.22% 3.82% 10.18% 5 100% / 0% Active PIE $27.53M 05/05/2010 Semi-annually 2 Days 2 Days No https://smartinvestor.sorted.org.nz/kiwisaver-and-managed-funds/SCH10488/OFR10608/FND469/ https://www.nikkoam.co.nz/invest/retail/nikko-am-core-equity-fund https://cdn.investnow.co.nz/20230718215232/NikkoAM_DomesticEquityFunds_PDS_3Jul23.pdf
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. Managed Funds Nikko International Equities 1.20% 1.20% 0.07% / 0.07% 4.19% 12.37% 18.05% 39.74% 10.31% 13.60% – 5 100% / 0% Active PIE $115.43M 22/08/2017 – 2 Days 2 Days No https://smartinvestor.sorted.org.nz/kiwisaver-and-managed-funds/SCH10488/OFR10608/FND7187/ https://www.nikkoam.co.nz/invest/retail/nikko-am-global-shares-fund https://cdn.investnow.co.nz/20230718215059/NikkoAMGlobalEquityFundsPDS_1June2023.pdf
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. Managed Funds Nikko International Equities 1.20% 1.20% 0.07% / 0.07% 2.81% 6.81% 13.42% 34.20% 3.81% 9.95% – 6 100% / 0% Active PIE $185.18M 10/05/2019 – 2 Days 2 Days No https://smartinvestor.sorted.org.nz/kiwisaver-and-managed-funds/SCH10488/OFR10608/FND14536/ https://www.nikkoam.co.nz/invest/retail/nikko-am-global-shares-hedged-fund https://cdn.investnow.co.nz/20230718215059/NikkoAMGlobalEquityFundsPDS_1June2023.pdf
Nikko AM Income Fund Aims to provide investors with regular income from an actively managed investment portfolio and to outperform the Fund’s benchmark return over a rolling three year period before fees and taxes. The fund has a medium to high level of volatility Managed Funds Nikko New Zealand Fixed Interest 0.80% 0.80% 0.10% / 0.10% 1.10% 2.24% 6.88% 8.75% 2.12% 1.89% 3.26% 4 35% / 65% Active PIE $3.35M 16/10/2007 Quarterly 2 Days 2 Days No https://smartinvestor.sorted.org.nz/kiwisaver-and-managed-funds/SCH10488/OFR10608/FND473/ https://www.nikkoam.co.nz/invest/retail/nikko-am-income-fund https://cdn.investnow.co.nz/20230718215236/NikkoAMIncomeFund_PDS_3Jul23.pdf
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. Managed Funds Nikko New Zealand Fixed Interest 0.70% 0.70% 0% / 0% 0.62% 0.79% 5.09% 8.63% 3.00% 1.84% 3.67% 3 0% / 100% Active PIE $384.27M 13/07/2009 Quarterly 2 Days 2 Days No https://smartinvestor.sorted.org.nz/kiwisaver-and-managed-funds/SCH10488/OFR10608/FND476/ https://www.nikkoam.co.nz/invest/retail/nikko-am-corporate-bond-fund https://cdn.investnow.co.nz/20240430124854/nikkoamcashandfixedinterest_pds_4march2024.pdf
Octagon Australian Equities The fund aims to achieve positive long-term returns by investing mostly in Australian shares, and can invest in New Zealand listed shares, where the company has meaningful operations in Australia. These investments typically have very high levels of movement up and down in value. Managed Funds Octagon Australasian Equities 1.17% 1.17% 0% / 0% 3.15% 4.66% 9.88% 23.38% 10.89% 9.10% 7.84% 6 95% / 5% Active PIE $99.85M 26/06/2008 – 3 Days 3 Days No https://smartinvestor.sorted.org.nz/kiwisaver-and-managed-funds/SCH10647/OFR10802/FND967/ https://www.octagonasset.co.nz/our-funds/australian-equities-fund/ https://cdn.investnow.co.nz/20240724091713/Octagon-PDS-23-July-2024.pdf
Octagon Balanced fund The fund aims to achieve positive long-term returns by selecting a mix of cash, fixed interest, equity and property investments. Investors can expect moderate to high levels of movement up and down in value, and to receive longer-term returns that are lower than those of the Growth Fund (but with less risk). Managed Funds Octagon Diversified 1.17% 1.17% 0% / 0% 1.67% 2.15% 6.84% 13.28% 3.86% – – 4 55% / 45% Active PIE $48.04M 11/12/2020 – 3 Days 3 Days No https://smartinvestor.sorted.org.nz/kiwisaver-and-managed-funds/SCH10647/OFR10802/FND21622/ https://www.octagonasset.co.nz/our-funds/balanced-fund/ https://cdn.investnow.co.nz/20240724091713/Octagon-PDS-23-July-2024.pdf
Octagon New Zealand Equities The fund aims to achieve positive long-term returns by investing mostly in New Zealand shares, and can invest in Australian listed shares, where the company has meaningful operations in New Zealand. These investments typically have high levels of movement up and down in value. Managed Funds Octagon Australasian Equities 1.17% 1.17% 0% / 0% 2.61% 4.83% 9.90% 13.74% 2.01% 4.52% 10.38% 5 95% / 5% Active PIE $115.06M 26/06/2008 – 3 Days 3 Days No https://smartinvestor.sorted.org.nz/kiwisaver-and-managed-funds/SCH10647/OFR10802/FND806/ https://www.octagonasset.co.nz/our-funds/new-zealand-equities-fund/ https://cdn.investnow.co.nz/20240724091713/Octagon-PDS-23-July-2024.pdf
Pathfinder Ethical Growth Fund A highly diversified global portfolio that invests in companies meeting Pathfinder’s Ethical Investment guidelines. These guidelines focus on selecting companies benefitting our planet and people, and also excluding companies and industries that are harmful. The team at Pathfinder believes this approach will deliver both financial returns and better environmental and social outcomes. The Pathfinder Ethical Growth Fund has a portfolio with a higher exposure to growth assets and a lower exposure to income assets. Investments are spread across multiple asset types, geographies, companies and sectors to provide diversification. The investment strategy includes management of foreign currency exposure to New Zealand dollars. Managed Funds & KiwiSaver Pathfinder Diversified 1.33% 1.30% 0% / 0% 3.86% 5.38% 8.43% 21.01% 4.93% – – 5 71.8% / 28.2% Active PIE $68.17M 17/08/2020 – 3 Days 3 Days Yes https://smartinvestor.sorted.org.nz/kiwisaver-and-managed-funds/SCH10778/OFR10780/FND20394/ https://pathfinder.kiwi/managed-funds/ethical-growth-fund/ https://cdn.investnow.co.nz/20241023113031/Pathfinder_Managed_Funds_PDS_October_2024.pdf
Pathfinder Ethical Trans-Tasman Fund The Fund invests directly in Australasian equities that satisfy Pathfinder’s ethical investment criteria. The fund is an actively managed, high conviction portfolio of Australian and New Zealand stocks. Investments are chosen based on a combination of top-down macroeconomic views and bottom-up stock specific selection factors. The Portfolio will hold 10-40 positions at a given time with the ability to go to cash to protect against down-side risk. The fund is benchmark unaware and returns may deviate significantly from the market index. Managed Funds Pathfinder Australasian Equities 1.02% 1.02% 0% / 0% 3.49% 6.56% 14.69% 27.60% 3.52% 9.36% – 5 100% / 0% Active PIE $12.89M 18/09/2019 – 3 Days 3 Days No https://smartinvestor.sorted.org.nz/kiwisaver-and-managed-funds/SCH10778/OFR10780/FND19393/ https://pathfinder.kiwi/managed-funds/ethical-trans-tasman-fund/ https://cdn.investnow.co.nz/20241023113031/Pathfinder_Managed_Funds_PDS_October_2024.pdf
Pathfinder Global Property Fund Property stocks can behave differently to the wider stock market and can provide an inflation protection. Global property provides diversification – across countries, sectors, company sizes, sources of revenue and management styles. This Fund is designed to provide a liquid and currency-managed global listed property exposure, including an allocation to New Zealand. Stocks are screened on environmental, social and governance (ESG) criteria. Managed Funds Pathfinder Listed Property 1.02% 1.02% 0.05% / 0.05% 2.13% 4.19% 13.80% 21.93% 0.48% −0.37% – 6 100% / 0% Active PIE $15.89M 23/07/2015 – 3 Days 3 Days No https://smartinvestor.sorted.org.nz/kiwisaver-and-managed-funds/SCH10778/OFR10780/FND1228/ https://pathfinder.kiwi/managed-funds/global-property-fund/ https://cdn.investnow.co.nz/20241023113031/Pathfinder_Managed_Funds_PDS_October_2024.pdf
Pathfinder Global Responsibility Fund Every diversified portfolio should have global equity exposure. This Fund is a core global equity portfolio targeting 250 large and mid-cap stocks from around the developed world. Environmental, Social and Governance (ESG) factors are fully integrated into the investment process. A number of responsible investment (RI) screens are also applied to the stock selection process. Managed Funds Pathfinder International Equities 0.94% 0.94% 0% / 0% 4.62% 6.20% 8.51% 23.22% 8.51% 11.72% – 5 100% / 0% Active PIE $99.53M 02/10/2017 – 3 Days 3 Days No https://smartinvestor.sorted.org.nz/kiwisaver-and-managed-funds/SCH10778/OFR10780/FND7234/ https://pathfinder.kiwi/managed-funds/global-responsibility-fund/ https://cdn.investnow.co.nz/20241023113031/Pathfinder_Managed_Funds_PDS_October_2024.pdf
Pathfinder Global Water Fund Investment in the water industry is driven by several strong macro themes – infrastructure, urbanisation, climate change effects and global population growth. The Fund invests in water stocks which include industrial companies (pipe, pump and irrigation manufacturers), specialist engineering companies, specialist chemical producers, water utilities and technology companies (desalination and water metering). Stocks are screened on environmental, social and governance (ESG) criteria. Managed Funds Pathfinder International Equities 1.32% 1.31% 0.05% / 0.05% 2.86% 3.34% 4.64% 19.94% 5.24% 8.36% 9.07% 6 100% / 0% Active PIE $77.67M 21/04/2010 – 3 Days 3 Days No https://smartinvestor.sorted.org.nz/kiwisaver-and-managed-funds/SCH10778/OFR10780/FND1229/ https://pathfinder.kiwi/managed-funds/global-water-fund/ https://cdn.investnow.co.nz/20241023113031/Pathfinder_Managed_Funds_PDS_October_2024.pdf
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. Managed Funds Pie Funds Australasian Equities 1.88% 1.85% 0% / 0% 4.06% 7.53% 8.65% 25.71% 6.13% 13.17% 13.16% 6 100% / 0% Active PIE $360.97M 16/09/2011 Semi-annually 3 Days 10 Days No https://smartinvestor.sorted.org.nz/kiwisaver-and-managed-funds/SCH10581/OFR10740/FND560/ https://www.piefunds.co.nz/Investment-Services/Investment-Funds/Dividend-Growth https://cdn.investnow.co.nz/20240219165631/Pie-Funds-Product_Disclosure_Statement_5_December_2023.pdf
Pie Global Growth 2 Fund The Fund is designed to achieve capital growth over a period exceeding five years. Investment predominantly in listed international large companies. It may also invest in other types of financial products such as cash and unlisted equities. Managed Funds Pie Funds International Equities 1.52% 1.47% 0% / 0% 4.07% 1.81% 6.84% 19.43% 3.20% 7.40% – 5 100% / 0% Active PIE $399.26M 01/05/2018 – 3 Days 10 Days No https://smartinvestor.sorted.org.nz/kiwisaver-and-managed-funds/SCH10581/OFR10740/FND9513/ https://www.piefunds.co.nz/Investment-Services/Investment-Funds/Global-Growth-2 https://cdn.investnow.co.nz/20240219165631/Pie-Funds-Product_Disclosure_Statement_5_December_2023.pdf
Pie Growth UK & Europe Fund The Fund is designed to achieve capital growth over a period exceeding five years. Investment predominantly in listed UK & European smaller companies. It may also invest in other types of financial products such as cash and unlisted equities. Managed Funds Pie Funds International Equities 1.89% 1.86% 0% / 0% 1.98% −0.76% −0.31% 16.82% −0.99% 9.25% – 5 100% / 0% Active PIE $110.12M 01/11/2016 – 3 Days 10 Days No https://smartinvestor.sorted.org.nz/kiwisaver-and-managed-funds/SCH10581/OFR10740/FND1633/ https://www.piefunds.co.nz/Investment-Services/Investment-Funds/Growth-UK-Europe https://cdn.investnow.co.nz/20240219165631/Pie-Funds-Product_Disclosure_Statement_5_December_2023.pdf
QuayStreet Income Fund A diversified portfolio with an emphasis on income producing assets. The objective is to provide a level of return above the Fund’s benchmark over the long term, while preserving the real value of investments relative to inflation. Managed Funds QuayStreet Diversified 0.76% 0.76% 0% / 0% 0.58% 1.29% 5.23% 8.35% 4.30% 3.48% 4.72% 3 20% / 80% Active PIE $205.01M 30/09/2014 Quarterly 2 Days 2 Days No https://smartinvestor.sorted.org.nz/kiwisaver-and-managed-funds/SCH10414/OFR10416/FND321/ https://quaystreet.com/our-funds/income-fund https://cdn.investnow.co.nz/20240430124857/Product_Disclosure_Statement_-_QuayStreet_Funds.pdf
QuayStreet NZ Equity Fund Primarily invests in shares from the New Zealand market. The objective is to provide a level of return above the Fund’s benchmark over the long term. Managed Funds QuayStreet Australasian Equities 1.28% 1.27% 0% / 0% 2.80% 4.57% 8.84% 13.95% 2.02% 4.79% 10.01% 5 100% / 0% Active PIE $170.45M 30/11/2010 – 2 Days 2 Days No https://smartinvestor.sorted.org.nz/kiwisaver-and-managed-funds/SCH10414/OFR10416/FND326/ https://quaystreet.com/our-funds/nz-equity-fund https://cdn.investnow.co.nz/20240430124857/Product_Disclosure_Statement_-_QuayStreet_Funds.pdf
Russell Investments Global Fixed Interest Fund Russell Investments Global Fixed Interest Fund is a PIE Fund providing exposure to a global fixed interest portfolio managed actively on a multi-manager basis. The Fund’s underlying investment exposure comprises of a diversified range of fixed interest investments, including international government securities, government-related securities, corporate securities, asset-backed securities and hybrid securities in both developed and emerging markets around the globe. Managed Funds & KiwiSaver Russell International Fixed Interest 0.59% 0.59% 0.15% / 0.15% 1.23% 0.06% 4.14% 6.17% −1.79% 0.01% 2.20% 4 0% / 100% Active PIE $541.66M 21/12/2011 Semi-annually 3 Days 4 Days Yes https://smartinvestor.sorted.org.nz/kiwisaver-and-managed-funds/SCH10586/OFR10646/FND448/ https://russellinvestments.com/nz/funds/russell-investments-global-fixed-interest-fund https://cdn.investnow.co.nz/20240311143315/Russell-Investment-Funds-PDS-11-March-2024.pdf
Russell Investments Global Listed Infrastructure Fund The Russell Investments Global Listed Infrastructure Fund provides targeted exposure to the global listed infrastructure sector via an actively managed multi-manager portfolio. The objective of the fund is to outperform the S&P Global Infrastructure Index – NZDH (Net TR) consistently over time. Managed Funds Russell International Equities 1.05% 1.06% 0.17% / 0.12% 4.19% 6.13% 11.41% 22.36% – – – 6 100% / 0% Active PIE $131.81M 17/03/2022 Semi-annually 3 Days 4 Days No https://smartinvestor.sorted.org.nz/kiwisaver-and-managed-funds/SCH10586/OFR10646/FND37498/ https://russellinvestments.com/nz/funds/russell-investments-global-listed-infrastructure-fund https://cdn.investnow.co.nz/20240430124859/russell-investments-real-assets-pds-4-december-2023.pdf
Russell Investments Global Shares Fund Russell Investments Global Shares Fund is a PIE Fund providing exposure to an actively managed global shares portfolio. Managed Funds & KiwiSaver Russell International Equities 0.89% 0.91% 0.18% / 0.13% 3.58% 8.22% 12.36% 27.05% 11.11% 11.31% 11.06% 5 100% / 0% Active PIE $330.67M 14/11/2012 Semi-annually 3 Days 4 Days Yes https://smartinvestor.sorted.org.nz/kiwisaver-and-managed-funds/SCH10586/OFR10646/FND442/ https://russellinvestments.com/nz/funds/russell-investments-global-shares-fund https://cdn.investnow.co.nz/20240311143315/Russell-Investment-Funds-PDS-11-March-2024.pdf
Russell Investments Hedged Global Shares Fund Russell Investments Hedged Global Shares Fund is a PIE Fund providing exposure to an actively managed global shares portfolio, which is typically hedged to New Zealand Dollars. Managed Funds & KiwiSaver Russell International Equities 0.92% 0.94% 0.20% / 0.15% 3.48% 3.67% 8.29% 22.81% 7.01% 9.37% 8.80% 6 100% / 0% Active PIE $280.1M 24/07/2012 Semi-annually 3 Days 4 Days Yes https://smartinvestor.sorted.org.nz/kiwisaver-and-managed-funds/SCH10586/OFR10646/FND445/ https://russellinvestments.com/nz/funds/russell-investments-hedged-global-shares-fund https://cdn.investnow.co.nz/20240311143315/Russell-Investment-Funds-PDS-11-March-2024.pdf
Russell Investments Hedged Sustainable Global Shares Fund The Russell Investments Hedged Sustainable Global Shares Fund is a PIE Fund providing ultra low-cost, diversified exposure to the global share market and targets being fully hedged to the New Zealand dollar. The Fund is designed to provide access to a broad range of global shares, in developed and emerging markets, while reducing exposure to carbon emissions and fossil fuel reserves by 50% compared to its broad market benchmark. The Fund also increases exposure to companies with a high responsible investment rating and to those participating in the transition to renewable energy. Managed Funds Russell International Equities 0.34% 0.34% 0.14% / 0.12% 4.26% 5.08% 10.81% 27.62% – – – 6 100% / 0% Active PIE $582.88M 14/12/2021 Semi-annually 3 Days 4 Days No https://smartinvestor.sorted.org.nz/kiwisaver-and-managed-funds/SCH10586/OFR10646/FND36309/ https://russellinvestments.com/nz/funds/russell-investments-hedged-sustainable-global-shares-fund https://cdn.investnow.co.nz/20240718175308/Russell_Investment_Funds_-_Sustainable_Global_Shares_Funds_PDS_-_19_June_2024.pdf
Russell Investments NZ Fixed Interest Fund Russell Investments NZ Fixed Interest Fund is a PIE Fund and actively managed portfolio of what we consider to be quality New Zealand fixed interest investments designed for investors who wish to invest in a broadly diversified portfolio of fixed interest securities. Managed Funds & KiwiSaver Russell New Zealand Fixed Interest 0.49% 0.51% 0.10% / 0.15% 0.52% 0.70% 5.13% 8.26% 1.51% 0.40% 2.68% 3 0% / 100% Active PIE $138.58M 14/02/2013 Semi-annually 3 Days 4 Days Yes https://smartinvestor.sorted.org.nz/kiwisaver-and-managed-funds/SCH10586/OFR10646/FND447/ https://russellinvestments.com/nz/funds/russell-investments-new-zealand-fixed-interest-fund https://cdn.investnow.co.nz/20240311143315/Russell-Investment-Funds-PDS-11-March-2024.pdf
Russell Investments NZ Shares Fund Russell Investments NZ Shares Fund* is a PIE Fund providing exposure to a diversified portfolio of predominately New Zealand and Australian shares, managed actively with the aim of outperforming the broader market. *As at 3 September 2014 the Fund became the Russell Investments NZ Shares Fund. Managed Funds Russell Australasian Equities 0.79% 0.80% 0.30% / 0.30% 2.88% 5.03% 9.33% 15.41% 1.12% 3.53% 9.31% 5 100% / 0% Active PIE $190.94M 14/02/2013 Semi-annually 3 Days 4 Days No https://smartinvestor.sorted.org.nz/kiwisaver-and-managed-funds/SCH10586/OFR10646/FND446/ https://russellinvestments.com/nz/funds/russell-investments-nz-shares-fund https://cdn.investnow.co.nz/20240311143315/Russell-Investment-Funds-PDS-11-March-2024.pdf
Russell Investments Sustainable Global Shares Fund The Russell Investments Sustainable Global Shares Fund is a PIE Fund providing ultra low-cost, diversified exposure to the global share market. The Fund is designed to provide access to a broad range of global shares, in developed and emerging markets, while reducing exposure to carbon emissions and fossil fuel reserves by 50% compared to its broad market benchmark. The Fund also increases exposure to companies with a high responsible investment rating and to those participating in the transition to renewable energy. Managed Funds Russell International Equities 0.32% 0.32% 0.12% / 0.10% 4.34% 9.62% 14.84% 31.83% – – – 5 100% / 0% Active PIE $306.8M 14/12/2021 Semi-annually 3 Days 4 Days No https://smartinvestor.sorted.org.nz/kiwisaver-and-managed-funds/SCH10586/OFR10646/FND36308/ https://russellinvestments.com/nz/funds/russell-investments-sustainable-global-shares-fund https://cdn.investnow.co.nz/20240718175308/Russell_Investment_Funds_-_Sustainable_Global_Shares_Funds_PDS_-_19_June_2024.pdf
Salt Enhanced Property Fund The Fund’s strategy is to invest in a portfolio of shares of New Zealand and Australian property trusts, companies and other securities with exposure to property and property-related sectors. The Fund’s investment objective is to outperform the S&P/NZX All Real Estate Gross Index benchmark by holding “long-only” New Zealand and Australian property and property-related securities, short selling securities, holding cash and levering its assets. The Fund aims to own securities whose sustainable dividend yields are attractive relative to their property quality and financial leverage, while short-selling securities whose yields are too low. Managed Funds & KiwiSaver Salt Listed Property 1.05% 1.02% 0.20% / 0.20% −1.30% −3.78% 5.02% 6.55% −3.42% −0.44% 7.25% 5 95% / 5% Active PIE $20.52M 11/11/2014 Semi-annually 3 Days 3 Days Yes https://smartinvestor.sorted.org.nz/kiwisaver-and-managed-funds/SCH10872/OFR10881/FND1144/ https://www.saltfunds.co.nz/salt-enhanced-property-fund https://cdn.investnow.co.nz/20240718175238/Salt_Investment_Funds_-_Product_Disclosure_Statement_-_5_July_2024.pdf
Salt Long Short Fund The Fund aims to deliver positive absolute returns in all market environments with low/no correlation to long only equity indices. In addition to holding “long-only” NZ and Australian securities, the Fund may, at our discretion short sell securities, hold cash, lever its assets and utilise active currency management to generate returns. Managed Funds Salt Australasian Equities 2.17% 2.12% 0.20% / 0.20% −1.21% 2.35% 10.03% 24.36% 13.95% 13.50% 10.38% 4 30% / 70% Active PIE $96.44M 30/06/2014 – 3 Days 3 Days No https://smartinvestor.sorted.org.nz/kiwisaver-and-managed-funds/SCH10872/OFR10881/FND1143/ https://www.saltfunds.co.nz/long-short-fund https://cdn.investnow.co.nz/20240718175238/Salt_Investment_Funds_-_Product_Disclosure_Statement_-_5_July_2024.pdf
Salt NZ Dividend Appreciation Fund The Fund’s strategy is to invest in a portfolio of shares listed on the New Zealand share market that have high and sustainable dividend yields. Research suggests that companies that pay strong and sustainable dividends tend to have strong free cashflow generation that can be returned to shareholders or reinvested in their business. Such companies tend to outperform their index benchmarks in most timeframes excluding strong bull markets. Managed Funds & KiwiSaver Salt Australasian Equities 1.11% 1.08% 0.20% / 0.20% 3.28% 7.11% 14.38% 20.20% 4.63% 5.99% – 5 100% / 0% Active PIE $100.25M 30/06/2015 Semi-annually 3 Days 3 Days Yes https://smartinvestor.sorted.org.nz/kiwisaver-and-managed-funds/SCH10872/OFR10881/FND1145/ https://www.saltfunds.co.nz/dividend-appreciation-fund https://cdn.investnow.co.nz/20240718175238/Salt_Investment_Funds_-_Product_Disclosure_Statement_-_5_July_2024.pdf
Smart Asia Pacific ETF Invests in international shares and is designed to track the return on the FTSE Developed Asia Pacific All Cap Index. Managed Funds Smart International Equities 0.55% 0.55% Market Driven 1.70% 2.04% 5.40% 14.60% 5.31% 4.89% – 5 100% / 0% Passive Listed PIE $55.4M 29/07/2015 Semi-annually 2 Days 3 Days No https://smartinvestor.sorted.org.nz/kiwisaver-and-managed-funds/SCH10752/OFR10865/FND1094/ https://www.smartinvest.co.nz/funds-and-performance/etfs/international-shares/smart-asia-pacific-etf https://cdn.investnow.co.nz/20241023113108/Product_Disclosure_Statement_-_Smart_Exchange_Traded_Funds_-_Global_Series_-_10_October_2024.pdf
Smart Australian Dividend ETF Invests in Australian shares and is designed to track the return on the S&P/ASX Dividend Opportunities Index. Managed Funds Smart Australasian Equities 0.54% 0.54% Market Driven 3.19% 5.03% 7.73% 17.53% 9.59% 7.05% – 6 100% / 0% Passive Listed PIE $38.05M 16/12/2014 Semi-annually 2 Days 3 Days No https://smartinvestor.sorted.org.nz/kiwisaver-and-managed-funds/SCH10752/OFR10865/FND1095/ https://www.smartinvest.co.nz/funds-and-performance/etfs/australian-shares/smart-australian-dividend-etf https://cdn.investnow.co.nz/20241023113105/Product_Disclosure_Statement_-_Smart_Exchange_Traded_Funds_-_Australasia_Series_-_10_October_2024.pdf
Smart Australian Financials ETF Invests in Australian shares and is designed to track the return on the S&P/ASX 200 Financials Ex-A-REIT Index. Managed Funds Smart Australasian Equities 0.54% 0.54% Market Driven 7.64% 11.97% 28.84% 52.21% 19.09% 13.22% – 6 100% / 0% Passive Listed PIE $35.44M 07/04/2015 Semi-annually 2 Days 3 Days No https://smartinvestor.sorted.org.nz/kiwisaver-and-managed-funds/SCH10752/OFR10865/FND1096/ https://www.smartinvest.co.nz/funds-and-performance/etfs/australian-shares/smart-australian-financials-etf https://cdn.investnow.co.nz/20241023113105/Product_Disclosure_Statement_-_Smart_Exchange_Traded_Funds_-_Australasia_Series_-_10_October_2024.pdf
Smart Australian Mid Cap ETF Invests in Australian shares and is designed to track the return on the S&P/ASX Mid Cap 50 Index. Managed Funds Smart Australasian Equities 0.75% 0.75% Market Driven 6.12% 7.76% 12.91% 28.50% 7.95% 10.51% 11.22% 6 100% / 0% Passive Listed PIE $142.18M 27/04/2004 Semi-annually 2 Days 3 Days No https://smartinvestor.sorted.org.nz/kiwisaver-and-managed-funds/SCH10752/OFR10865/FND1097/ https://www.smartinvest.co.nz/funds-and-performance/etfs/australian-shares/smart-australian-mid-cap-etf https://cdn.investnow.co.nz/20241023113105/Product_Disclosure_Statement_-_Smart_Exchange_Traded_Funds_-_Australasia_Series_-_10_October_2024.pdf
Smart Australian Property ETF Invests in Australian property and is designed to track the return on the S&P/ASX 200 A-REIT Equal Weight Index. Managed Funds Smart Listed Property 0.54% 0.54% Market Driven 2.49% 2.27% 12.55% 29.48% 1.20% 1.26% – 7 100% / 0% Passive Listed PIE $38.41M 16/12/2014 Semi-annually 2 Days 3 Days No https://smartinvestor.sorted.org.nz/kiwisaver-and-managed-funds/SCH10752/OFR10865/FND1098/ https://www.smartinvest.co.nz/funds-and-performance/etfs/property/smart-australian-property-etf https://cdn.investnow.co.nz/20241023113105/Product_Disclosure_Statement_-_Smart_Exchange_Traded_Funds_-_Australasia_Series_-_10_October_2024.pdf
Smart Australian Resources ETF Invests in Australian shares and is designed to track the return on the S&P/ASX 200 Resources Index. Managed Funds Smart Australasian Equities 0.54% 0.54% Market Driven −3.66% 2.43% −7.44% −4.02% 9.46% 7.75% – 6 100% / 0% Passive Listed PIE $72.13M 07/04/2015 Semi-annually 2 Days 3 Days No https://smartinvestor.sorted.org.nz/kiwisaver-and-managed-funds/SCH10752/OFR10865/FND1099/ https://www.smartinvest.co.nz/funds-and-performance/etfs/australian-shares/smart-australian-resources-etf https://cdn.investnow.co.nz/20241023113105/Product_Disclosure_Statement_-_Smart_Exchange_Traded_Funds_-_Australasia_Series_-_10_October_2024.pdf
Smart Australian Top 20 ETF Invests in Australian shares and is designed to track the return on the S&P/ASX 20 Index. Managed Funds Smart Australasian Equities 0.60% 0.60% Market Driven 3% 6.32% 13.51% 26.10% 12.24% 9.82% 7.74% 6 100% / 0% Passive Listed PIE $177.11M 27/02/1997 – 2 Days 3 Days No https://smartinvestor.sorted.org.nz/kiwisaver-and-managed-funds/SCH10752/OFR10865/FND1113/ https://www.smartinvest.co.nz/funds-and-performance/etfs/australian-shares/smart-australian-top-20-etf https://cdn.investnow.co.nz/20241023113105/Product_Disclosure_Statement_-_Smart_Exchange_Traded_Funds_-_Australasia_Series_-_10_October_2024.pdf
Smart Australian Top 200 ETF Invests in Australian shares and is designed to track the return on the S&P/ASX 200 Total Return Index. Managed Funds Smart Australasian Equities 0.30% 0.30% Market Driven 3.84% 7.71% 13.33% 26.27% 10.67% – – 6 100% / 0% Passive Listed PIE $219.09M 15/07/2020 Semi-annually 2 Days 3 Days No https://smartinvestor.sorted.org.nz/kiwisaver-and-managed-funds/SCH10752/OFR10865/FND19355/ https://www.smartinvest.co.nz/funds-and-performance/etfs/australian-shares/smart-australian-top-200-etf https://cdn.investnow.co.nz/20241023113111/Product_Disclosure_Statement_-_Smart_Exchange_Traded_Funds_-_Core_Series_-_10_October_2024.pdf
Smart Automation and Robotics ETF Invests in international shares and is designed to track the return on the iSTOXX® FactSet Automation & Robotics Index. Managed Funds Smart International Equities 0.75% 0.75% Market Driven 5.93% 12.35% 13.46% 24.13% 4.63% 12.28% – 6 100% / 0% Passive Listed PIE $63.76M 06/06/2019 – 2 Days 3 Days No https://smartinvestor.sorted.org.nz/kiwisaver-and-managed-funds/SCH10752/OFR10865/FND14629/ https://www.smartinvest.co.nz/funds-and-performance/etfs/thematic-shares/smart-automation-and-robotics-etf https://cdn.investnow.co.nz/20241023113108/Product_Disclosure_Statement_-_Smart_Exchange_Traded_Funds_-_Global_Series_-_10_October_2024.pdf
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. Managed Funds Smart International Equities 0.59% 0.59% Market Driven −3.59% 2.85% 5.61% 14.54% 2.94% 4.05% – 5 100% / 0% Passive Listed PIE $95.05M 06/06/2019 Semi-annually 2 Days 3 Days No https://smartinvestor.sorted.org.nz/kiwisaver-and-managed-funds/SCH10752/OFR10865/FND14630/ https://www.smartinvest.co.nz/funds-and-performance/etfs/international-shares/smart-emerging-markets-esg-etf https://cdn.investnow.co.nz/20241023113108/Product_Disclosure_Statement_-_Smart_Exchange_Traded_Funds_-_Global_Series_-_10_October_2024.pdf
Smart Emerging Markets ETF Invests in international shares and is designed to track the return on the FTSE Emerging Markets All Cap China A Inclusion Index. Managed Funds Smart International Equities 0.59% 0.59% Market Driven −1.35% 8.53% 8.30% 19.82% 4.55% 4.49% – 5 100% / 0% Passive Listed PIE $163.69M 29/07/2015 – 2 Days 3 Days No https://smartinvestor.sorted.org.nz/kiwisaver-and-managed-funds/SCH10752/OFR10865/FND1111/ https://www.smartinvest.co.nz/funds-and-performance/etfs/international-shares/smart-emerging-markets-etf https://cdn.investnow.co.nz/20241023113108/Product_Disclosure_Statement_-_Smart_Exchange_Traded_Funds_-_Global_Series_-_10_October_2024.pdf
Smart Europe ESG ETF Invests in European shares and is designed to track the return on the MSCI Europe ESG Screened Index. Managed Funds Smart International Equities 0.55% 0.55% Market Driven −1.95% −2.23% 0.09% 13.67% 8.36% 7.23% – 5 100% / 0% Passive Listed PIE $12.65M 06/06/2019 Semi-annually 2 Days 3 Days No https://smartinvestor.sorted.org.nz/kiwisaver-and-managed-funds/SCH10752/OFR10865/FND14631/ https://www.smartinvest.co.nz/funds-and-performance/etfs/international-shares/smart-europe-esg-etf https://cdn.investnow.co.nz/20241023113108/Product_Disclosure_Statement_-_Smart_Exchange_Traded_Funds_-_Global_Series_-_10_October_2024.pdf
Smart Europe ETF Invests in international shares and is designed to track the return on the FTSE Developed Europe All Cap Index. Managed Funds Smart International Equities 0.55% 0.55% Market Driven −1.34% −2.80% −0.46% 13.26% 6.93% 6.22% – 5 100% / 0% Passive Listed PIE $76.36M 29/07/2015 Quarterly 2 Days 3 Days No https://smartinvestor.sorted.org.nz/kiwisaver-and-managed-funds/SCH10752/OFR10865/FND1100/ https://www.smartinvest.co.nz/funds-and-performance/etfs/international-shares/smart-europe-etf https://cdn.investnow.co.nz/20241023113108/Product_Disclosure_Statement_-_Smart_Exchange_Traded_Funds_-_Global_Series_-_10_October_2024.pdf
Smart Global Aggregate Bond ETF Invests in international bonds and is designed to track the return on the Bloomberg Global Aggregate Bond Total Return Index Hedged NZD. Managed Funds Smart International Fixed Interest 0.30% 0.30% Market Driven 0.18% −0.15% 3.40% 5.48% −1.59% −0.72% – 3 0% / 100% Passive Listed PIE $212.55M 06/06/2019 Quarterly 2 Days 3 Days No https://smartinvestor.sorted.org.nz/kiwisaver-and-managed-funds/SCH10752/OFR10865/FND14632/ https://www.smartinvest.co.nz/funds-and-performance/etfs/bonds-and-cash/smart-global-aggregate-bond-etf https://cdn.investnow.co.nz/20241023113111/Product_Disclosure_Statement_-_Smart_Exchange_Traded_Funds_-_Core_Series_-_10_October_2024.pdf
Smart Global Bond ETF Invests in international bonds, with the objective of outperforming the Bloomberg Global Aggregate Total Return Bond Index Hedged NZD by 1% per annum over rolling 3-year periods. The investment manager is PIMCO Australia Pty Ltd. Managed Funds Smart International Fixed Interest 0.54% 0.54% Market Driven 0.34% 0.21% 2.59% 4.97% −0.37% 0.94% – 4 0% / 100% Active Listed PIE $161.29M 12/11/2015 – 2 Days 3 Days No https://smartinvestor.sorted.org.nz/kiwisaver-and-managed-funds/SCH10752/OFR10865/FND1101/ https://www.smartinvest.co.nz/funds-and-performance/etfs/bonds-and-cash/smart-global-bond-etf https://cdn.investnow.co.nz/20241023113108/Product_Disclosure_Statement_-_Smart_Exchange_Traded_Funds_-_Global_Series_-_10_October_2024.pdf
Smart Global ESG ETF Invests in international shares and is designed to track the return on the MSCI World Ex Australia Custom ESG Leaders Net Total Return Index. Managed Funds Smart International Equities 0.54% 0.54% Market Driven 4.21% 9.95% 14.56% 32.82% 12.65% 13.85% – 5 100% / 0% Passive Listed PIE $253.03M 06/06/2019 – 2 Days 3 Days No https://smartinvestor.sorted.org.nz/kiwisaver-and-managed-funds/SCH10752/OFR10865/FND14633/ https://www.smartinvest.co.nz/funds-and-performance/etfs/international-shares/smart-global-esg-etf https://cdn.investnow.co.nz/20241023113108/Product_Disclosure_Statement_-_Smart_Exchange_Traded_Funds_-_Global_Series_-_10_October_2024.pdf
Smart Healthcare Innovation ETF Invests in international shares and is designed to track the return on the iSTOXX® FactSet Breakthrough Healthcare Index. Managed Funds Smart International Equities 0.75% 0.75% Market Driven 2.53% 4.80% 10.37% 22.79% −0.96% 5.12% – 6 100% / 0% Passive Listed PIE $24.55M 06/06/2019 – 2 Days 3 Days No https://smartinvestor.sorted.org.nz/kiwisaver-and-managed-funds/SCH10752/OFR10865/FND14634/ https://www.smartinvest.co.nz/funds-and-performance/etfs/thematic-shares/smart-healthcare-innovation-etf https://cdn.investnow.co.nz/20241023113108/Product_Disclosure_Statement_-_Smart_Exchange_Traded_Funds_-_Global_Series_-_10_October_2024.pdf
Smart Japan ESG ETF Invests in Japanese shares and is designed to track the return on the MSCI Japan ESG Screened Index. Managed Funds Smart International Equities 0.55% 0.55% Market Driven 0.75% −0.04% 5.04% 15.90% 6.35% 5.18% – 5 100% / 0% Passive Listed PIE $9.13M 06/06/2019 Quarterly 2 Days 3 Days No https://smartinvestor.sorted.org.nz/kiwisaver-and-managed-funds/SCH10752/OFR10865/FND14635/ https://www.smartinvest.co.nz/funds-and-performance/etfs/international-shares/smart-japan-esg-etf https://cdn.investnow.co.nz/20241023113108/Product_Disclosure_Statement_-_Smart_Exchange_Traded_Funds_-_Global_Series_-_10_October_2024.pdf
Smart NZ Bond ETF Invests in New Zealand bonds, with the objective of outperforming the S&P/NZX A-Grade Corporate Bond Total Return Index over rolling 3-year periods. Managed Funds Smart New Zealand Fixed Interest 0.54% 0.54% Market Driven −0.53% 0.00% 2.97% 5.05% 1.71% 1.35% – 3 0% / 100% Active Listed PIE $439.77M 12/11/2015 Quarterly 2 Days 3 Days No https://smartinvestor.sorted.org.nz/kiwisaver-and-managed-funds/SCH10752/OFR10865/FND1103/ https://www.smartinvest.co.nz/funds-and-performance/etfs/bonds-and-cash/smart-nz-bond-etf https://cdn.investnow.co.nz/20241023113105/Product_Disclosure_Statement_-_Smart_Exchange_Traded_Funds_-_Australasia_Series_-_10_October_2024.pdf
Smart NZ Cash ETF Invests in New Zealand cash, with the objective of outperforming the S&P/NZX Bank Bills 90-Day Total Return Index over rolling 1-year periods. Managed Funds Smart Cash and Cash Equivalents 0.20% 0.20% Market Driven 0.33% 1.06% 2.17% 5.43% 3.74% 2.56% – 2 0% / 100% Active Listed PIE $594.98M 12/11/2015 Semi-annually 2 Days 3 Days No https://smartinvestor.sorted.org.nz/kiwisaver-and-managed-funds/SCH10752/OFR10865/FND1104/ https://www.smartinvest.co.nz/funds-and-performance/etfs/bonds-and-cash/smart-nz-cash-etf https://cdn.investnow.co.nz/20241023113111/Product_Disclosure_Statement_-_Smart_Exchange_Traded_Funds_-_Core_Series_-_10_October_2024.pdf
Smart NZ Dividend ETF Invests in New Zealand shares and is designed to track the return on the S&P/NZX 50 High Dividend Index. Managed Funds Smart Australasian Equities 0.54% 0.54% Market Driven −0.47% 1.17% 7.45% 5.24% 1.20% 1.79% – 6 100% / 0% Passive Listed PIE $79.64M 07/04/2015 Semi-annually 2 Days 3 Days No https://smartinvestor.sorted.org.nz/kiwisaver-and-managed-funds/SCH10752/OFR10865/FND1105/ https://www.smartinvest.co.nz/funds-and-performance/etfs/new-zealand-shares/smart-nz-dividend-etf https://cdn.investnow.co.nz/20241023113105/Product_Disclosure_Statement_-_Smart_Exchange_Traded_Funds_-_Australasia_Series_-_10_October_2024.pdf
Smart NZ Mid Cap ETF Invests in New Zealand shares and is designed to track the return on the S&P/NZX Mid Cap Index. Managed Funds Smart Australasian Equities 0.60% 0.60% Market Driven 0.53% 3.86% 10.47% 16.70% −1.56% 1.78% 9.21% 5 100% / 0% Passive Listed PIE $139.78M 16/06/1997 Semi-annually 2 Days 3 Days No https://smartinvestor.sorted.org.nz/kiwisaver-and-managed-funds/SCH10752/OFR10865/FND1117/ https://www.smartinvest.co.nz/funds-and-performance/etfs/new-zealand-shares/smart-nz-mid-cap-etf https://cdn.investnow.co.nz/20241023113105/Product_Disclosure_Statement_-_Smart_Exchange_Traded_Funds_-_Australasia_Series_-_10_October_2024.pdf
Smart NZ Property ETF Invests in New Zealand property and is designed to track the return on the S&P/NZX Real Estate Select Index. Managed Funds Smart Listed Property 0.54% 0.54% Market Driven −2.13% −4.56% 6.37% 7.61% −4.44% −1.77% – 6 100% / 0% Passive Listed PIE $113.37M 12/11/2015 Semi-annually 2 Days 3 Days No https://smartinvestor.sorted.org.nz/kiwisaver-and-managed-funds/SCH10752/OFR10865/FND1116/ https://www.smartinvest.co.nz/funds-and-performance/etfs/property/smart-nz-property-etf https://cdn.investnow.co.nz/20241023113105/Product_Disclosure_Statement_-_Smart_Exchange_Traded_Funds_-_Australasia_Series_-_10_October_2024.pdf
Smart NZ Top 10 ETF Invests in New Zealand shares and is designed to track the return on the S&P/NZX 10 Index. Managed Funds Smart Australasian Equities 0.60% 0.60% Market Driven 4.63% 5.41% 9.91% 15.11% 2.56% 3.71% 9.49% 5 100% / 0% Passive Listed PIE $121.43M 11/06/1996 Semi-annually 2 Days 3 Days No https://smartinvestor.sorted.org.nz/kiwisaver-and-managed-funds/SCH10752/OFR10865/FND1114/ https://www.smartinvest.co.nz/funds-and-performance/etfs/new-zealand-shares/smart-nz-top-10-etf https://cdn.investnow.co.nz/20241023113105/Product_Disclosure_Statement_-_Smart_Exchange_Traded_Funds_-_Australasia_Series_-_10_October_2024.pdf
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. Managed Funds Smart Australasian Equities 0.50% 0.50% Market Driven 2.06% 3.65% 9.83% 12.22% 0.03% 3.04% 9.40% 5 100% / 0% Passive Listed PIE $573.79M 10/12/2004 Semi-annually 2 Days 3 Days No https://smartinvestor.sorted.org.nz/kiwisaver-and-managed-funds/SCH10752/OFR10865/FND1115/ https://www.smartinvest.co.nz/funds-and-performance/etfs/new-zealand-shares/smart-nz-top-50-etf https://cdn.investnow.co.nz/20241023113105/Product_Disclosure_Statement_-_Smart_Exchange_Traded_Funds_-_Australasia_Series_-_10_October_2024.pdf
Smart S&P/NZX 50 ETF Invests in New Zealand shares and is designed to track the return on the S&P/NZX 50 Gross with Imputation Index. Managed Funds Smart Australasian Equities 0.20% 0.20% Market Driven 2.76% 5.00% 11.17% 14.58% 1.15% – – 5 100% / 0% Passive Listed PIE $740.83M 15/07/2020 Semi-annually 2 Days 3 Days No https://smartinvestor.sorted.org.nz/kiwisaver-and-managed-funds/SCH10752/OFR10865/FND19356/ https://www.smartinvest.co.nz/funds-and-performance/etfs/new-zealand-shares/smart-spnzx-50-etf https://cdn.investnow.co.nz/20241023113111/Product_Disclosure_Statement_-_Smart_Exchange_Traded_Funds_-_Core_Series_-_10_October_2024.pdf
Smart Total World ETF Invests in international shares and is designed to track the return on the FTSE Global All Cap Index. Managed Funds Smart International Equities 0.40% 0.40% Market Driven 4% 9.68% 14.53% 30.28% 11.43% 11.68% – 5 100% / 0% Passive Listed PIE $177.31M 29/07/2015 Semi-annually 2 Days 3 Days No https://smartinvestor.sorted.org.nz/kiwisaver-and-managed-funds/SCH10752/OFR10865/FND1112/ https://www.smartinvest.co.nz/funds-and-performance/etfs/international-shares/smart-total-world-etf https://cdn.investnow.co.nz/20241023113111/Product_Disclosure_Statement_-_Smart_Exchange_Traded_Funds_-_Core_Series_-_10_October_2024.pdf
Smart US 500 ETF Invests in US shares and is designed to track the return on the S&P 500 Index. Managed Funds Smart International Equities 0.34% 0.34% Market Driven 4.82% 13.41% 18.99% 39.50% 15.31% 16.61% – 5 100% / 0% Passive Listed PIE $782.49M 29/07/2015 – 2 Days 3 Days No https://smartinvestor.sorted.org.nz/kiwisaver-and-managed-funds/SCH10752/OFR10865/FND1106/ https://www.smartinvest.co.nz/funds-and-performance/etfs/us-shares/smart-us-500-etf https://cdn.investnow.co.nz/20241023113111/Product_Disclosure_Statement_-_Smart_Exchange_Traded_Funds_-_Core_Series_-_10_October_2024.pdf
Smart US ESG ETF Invests in US shares and is designed to track the return on the MSCI USA ESG Screened Index. Managed Funds Smart International Equities 0.34% 0.34% Market Driven 5.23% 14.28% 19.88% 39.85% 15.74% 17.14% – 5 100% / 0% Passive Listed PIE $33.1M 06/06/2019 Semi-annually 2 Days 3 Days No https://smartinvestor.sorted.org.nz/kiwisaver-and-managed-funds/SCH10752/OFR10865/FND14636/ https://www.smartinvest.co.nz/funds-and-performance/etfs/us-shares/smart-us-esg-etf https://cdn.investnow.co.nz/20241023113108/Product_Disclosure_Statement_-_Smart_Exchange_Traded_Funds_-_Global_Series_-_10_October_2024.pdf
Smart US Large Growth ETF Invests in US shares and is designed to track the return on the CRSP US Large Cap Growth Index. Managed Funds Smart International Equities 0.51% 0.51% Market Driven 5.40% 15.30% 20.23% 42.72% 13.34% 19.72% – 6 100% / 0% Passive Listed PIE $483.64M 29/07/2015 Semi-annually 2 Days 3 Days No https://smartinvestor.sorted.org.nz/kiwisaver-and-managed-funds/SCH10752/OFR10865/FND1107/ https://www.smartinvest.co.nz/funds-and-performance/etfs/us-shares/smart-us-large-growth-etf https://cdn.investnow.co.nz/20241023113108/Product_Disclosure_Statement_-_Smart_Exchange_Traded_Funds_-_Global_Series_-_10_October_2024.pdf
Smart US Large Value ETF Invests in US shares and is designed to track the return on the CRSP US Large Cap Value Index. Managed Funds Smart International Equities 0.51% 0.51% Market Driven 6.31% 13.43% 19.35% 35.35% 15.85% 12.78% – 5 100% / 0% Passive Listed PIE $50.33M 29/07/2015 Semi-annually 2 Days 3 Days No https://smartinvestor.sorted.org.nz/kiwisaver-and-managed-funds/SCH10752/OFR10865/FND1108/ https://www.smartinvest.co.nz/funds-and-performance/etfs/us-shares/smart-us-large-value-etf https://cdn.investnow.co.nz/20241023113108/Product_Disclosure_Statement_-_Smart_Exchange_Traded_Funds_-_Global_Series_-_10_October_2024.pdf
Smart US Mid Cap ETF Invests in US shares and is designed to track the return on the CRSP US Mid Cap Index. Managed Funds Smart International Equities 0.51% 0.51% Market Driven 8.19% 17.35% 21.63% 37.50% 10.27% 12.75% – 6 100% / 0% Passive Listed PIE $44.55M 29/07/2015 Semi-annually 2 Days 3 Days No https://smartinvestor.sorted.org.nz/kiwisaver-and-managed-funds/SCH10752/OFR10865/FND1109/ https://www.smartinvest.co.nz/funds-and-performance/etfs/us-shares/smart-us-mid-cap-etf https://cdn.investnow.co.nz/20241023113108/Product_Disclosure_Statement_-_Smart_Exchange_Traded_Funds_-_Global_Series_-_10_October_2024.pdf
Smart US Small Cap ETF Invests in US shares and is designed to track the return on the CRSP US Small Cap Index. Managed Funds Smart International Equities 0.51% 0.51% Market Driven 10.60% 18.62% 23.75% 41.18% 11.36% 12.27% – 6 100% / 0% Passive Listed PIE $43.3M 29/07/2015 Semi-annually 2 Days 3 Days No https://smartinvestor.sorted.org.nz/kiwisaver-and-managed-funds/SCH10752/OFR10865/FND1110/ https://www.smartinvest.co.nz/funds-and-performance/etfs/us-shares/smart-us-small-cap-etf https://cdn.investnow.co.nz/20241023113108/Product_Disclosure_Statement_-_Smart_Exchange_Traded_Funds_-_Global_Series_-_10_October_2024.pdf
Squirrel Monthly Income Fund The Fund is designed to provide investors with a regular income return generated through exposure to a diversified portfolio of loans predominately secured against registered first mortgages on residential property across New Zealand. Loan exposure is obtained by investing in the Squirrel Wholesale Funds scheme, whose funds obtain their loan exposure through investing via the Squirrel P2P platform operated by Squirrel. Assets of the Squirrel Wholesale Funds may include exposure to fractional and/or whole loans, as well as cash and cash equivalents. Managed Funds Squirrel Other 2.00% 2.14% 0% / 0% 0.57% 1.77% 3.63% 7.45% 6.89% – – 2 0% / 100% Active PIE $30.93M 13/10/2021 Monthly 3 Days 30 Days No https://smartinvestor.sorted.org.nz/kiwisaver-and-managed-funds/SCH13142/OFR13187/FND35154/ https://www.squirrel.co.nz/invest/monthly-income-fund https://cdn.investnow.co.nz/20241212145340/20241211_Squirrel_PDS.pdf
TAHITO Te Tai o Rehua Fund The Fund is an indigenous ethical and sustainable fund. The Fund uses positive ESG integrated screens in selecting investments. Māori indigenous values and principles serve as the foundation to the Fund’s philosophy and investment selection process. The Fund will provide actively managed exposure to a portfolio of primarily New Zealand and Australian companies that have been selected in accordance with the TAHITO investment philosophy. The Fund aims to generate a better return than the benchmark over the medium to long term. Managed Funds TAHITO Australasian Equities 1.27% 1.25% 0.26% / 0.26% 4.31% 4.24% 12.68% 16.24% 4.67% – – 5 98% / 2% Active PIE $26.36M 17/06/2021 – 2 Days 2 Days No https://smartinvestor.sorted.org.nz/kiwisaver-and-managed-funds/SCH10600/OFR10601/FND35028/ https://tahito.co.nz/ https://cdn.investnow.co.nz/20230803225009/TAHITO_Te_Tai_o_Rehua_PDS_27_July_2023.pdf
Te Ahumairangi Global Equity Fund Te Ahumairangi Global Equity Fund is an actively managed fund dedicated to investing in global equity markets. Te Ahumairangi manages the fund with a particular focus on building a portfolio that should perform relatively well compared to other equity funds if equity markets are weak. Managed Funds & KiwiSaver Te Ahumairangi International Equities 0.62% 0.60% 0.10% / 0.10% 2.92% 5.63% 11.81% 24.29% 15.24% – – 4 98% / 2% Active PIE $421.9M 05/11/2021 – 2 Days 2 Days Yes https://smartinvestor.sorted.org.nz/kiwisaver-and-managed-funds/SCH13146/OFR13188/FND35155/ https://teahumairangi.co.nz/our-fund/ https://cdn.investnow.co.nz/20231012113816/2023.09.18-Te-Ahumairangi-PDS.pdf
Vanguard International Shares Select Exclusions Index Fund The Fund provides low-cost access to a broadly diversified range of securities that excludes companies involved in the production of tobacco, controversial weapons and companies that manufacture nuclear weapons, components that were developed or significantly modified for exclusive use in nuclear weapons, and companies that provide auxiliary services related to nuclear weapons. The Fund is exposed to the fluctuating values of foreign currencies, as there will not be any hedging of foreign currencies to the Australian dollar. Managed Funds Vanguard International Equities 0.20% N/A 0.07% / 0.07% 5.36% 10.59% 15.64% 33.83% 13.90% 14.60% – 0 100% / 0% Passive AUT $989.54M 13/12/2016 Quarterly 2 Days 4 Days No N/A https://www.vanguard.com.au/institutional/products/en/detail/wholesale/8122/equity https://cdn.investnow.co.nz/20241023113101/AU-PDS-Vanguard_International_Shares_Select_Exclusions_Index_Fund.pdf
Vanguard International Shares Select Exclusions Index Fund – Hedged – NZD Class The Fund provides low-cost access to a broadly diversified range of securities that excludes companies involved in the production of tobacco, controversial weapons and companies that manufacture nuclear weapons, components that were developed or significantly modified for exclusive use in nuclear weapons, and companies that provide auxiliary services related to nuclear weapons. The Fund is hedged to New Zealand dollars so the value of the Fund is relatively unaffected by currency fluctuations for New Zealand investors. Managed Funds Vanguard International Equities 0.26% N/A 0.08% / 0.08% 5.04% 5.61% 11.35% 29.10% 9.20% 12.32% – 0 100% / 0% Passive AUT $1,357.27M 13/12/2016 Quarterly 2 Days 4 Days No N/A https://www.vanguard.com.au/institutional/products/en/detail/wholesale/8125/equity https://cdn.investnow.co.nz/20241023113058/AU-PDS-Vanguard_International_Shares_Select_Exclusions_Index_Fund-NZD_Hedged.pdf
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. Managed Funds Vault Other 0.95% 1.68% 0.25% / 0.25% 39.99% 75.03% 49.04% 165.14% 21.88% – – 7 100% / 0% Active PIE $26.63M 14/09/2021 – 2 Days 2 Days No https://smartinvestor.sorted.org.nz/kiwisaver-and-managed-funds/SCH13147/OFR13173/FND35080/ https://vaultdigitalfunds.com/vibf/ https://cdn.investnow.co.nz/20240304214530/Vault-Digital-Funds-PDS-1-March-2024.pdf
Manager
How are Smart ETFs buy and sell orders processed?2024-10-02T12:11:20+13:00

Smart are listed securities on the NZX. Orders are placed through our broker, Craigs Investment Partners.

All Smart orders are aggregated by the Custodian at 12pm each business day and sent to our broker. Orders are executed on the market later that afternoon. Any orders loaded after this time will be processed the following business day.

Buy and sell requests are not matched – each is placed independently.

Minimum investment amount is $50, when part of a Regular Investment Plan, or $250 for one-off investments.

Buy Orders

Unlike other funds we offer, where buy orders are placed for a dollar value, Smartshares orders are placed in units.  Also, unlike the other funds we offer, Smart are not available in partial units.  Because of these two characteristics, buy orders for Smart are processed as follows:

  • We need to allow for a scenario where the unit price increases between the time when you load your order and when it is traded by our broker.  In such a situation, you would over spend.
  • The Custodian will instruct the broker to spend the amount you have requested less circa 2 times the unit price of the specific Smartshare.
  • Here is a simple example:
    • You place a buy order for $600 worth of US 500 Fund, with the current unit buy price being $6.00.
    • The Custodian will place a buy order for $600-$12 ($600 less 2 x $6)

Any residual funds from your purchase will appear as available cash in your InvestNow Transaction Account.

Sell Orders

Sell orders are placed in units and funds are credited to your InvestNow account upon settlement.

What is the Performance Chart?2020-11-04T09:38:55+13:00

What is the Performance Chart?

By clicking on the ‘Performance’ title, we provide a simple bar chart which shows the returns for each asset you currently hold, since inception of your portfolio. This can be filtered by either percentage or dollar return.

How do I get in touch with InvestNow?2019-06-14T13:50:02+12:00

You can call or e-mail us.
Our contact center is available on 0800 499 466 Mon-Fri 8:00am to 5:00pm, except national public holidays.
You can e-mail us on contact@investnow.co.nz. We shall respond to your e-mail within 24 hours, during normal working hours.

Whose KiwiSaver scheme am I joining?2023-04-13T09:43:52+12:00

Whose KiwiSaver scheme am I joining?

The InvestNow KiwiSaver Scheme is managed by FundRock NZ Limited (FundRock). Both InvestNow and FundRock NZ are members of the Apex Group.

FundRock NZ, based in Wellington, is a specialist investment management company focused on meeting the specific needs and requirements of New Zealand investors and clients. Our objective is to provide our clients with access to world-class investment solutions and opportunities, while ensuring that these are easy to use and understand.

For more information visit https://www.fundrock.com/fundrock-new-zealand

When will the latest term deposit interest rates be available?2019-06-14T13:12:43+12:00

We make the most recent rates available for purchase at 12:00 pm each business day.

How does InvestNow make money?2024-08-21T10:42:23+12:00

Fund managers pay InvestNow to have their products on the platform, reflecting that they want investors to be able to readily and easily access their funds via InvestNow.

Any funds you choose to invest in have fund charges associated with them that are levied by the fund manager. The fund charges for funds on InvestNow are the same as you would experience investing directly with any of our fund managers. A small number of funds also have transaction fees* that InvestNow levies, which are applied in addition to the fund charges.

*More details available for the Vanguard and Foundation Series Funds.

In addition, InvestNow earns a distribution fee of 0.10% on Term Deposits offered on the platform. This fee does not reduce the interest rate promised to you when you selected the Term Deposit.

InvestNow also receives the interest on any money held within the Transaction Account, which helps to pay costs associated with offering and operating InvestNow. Transaction Accounts are intended to be used to fund investments into managed funds, or facilitate withdrawals to your bank account following a fund redemption, distribution or any other payment.

Will I receive a tax report?2021-04-08T18:14:18+12:00

InvestNow produces a consolidated tax report which includes FIF calculations (FDR and CV methods) where required, and a summary of other taxable income including listed PIE dividends and term deposit interest. Note that a tax report is not provided for investors who only have holdings in PIE funds and do not have a zero PIR, as PIE tax is a final tax and so this information is not required for your tax return.

The InvestNow Tax Summary Report is a tax summary in order to assist the investor or their accountant in the preparation of their tax return. Clients can generate and download a tax report during the year, but following the end of the tax year (31 March) we will prepare and upload a final Tax Summary Report and the ability to generate a tax report is disabled while these reports are being checked. 

For more information about the Tax Summary Report, please refer to the InvestNow Tax Guide.

Can I switch my investment from one fund into another?2019-06-14T13:43:46+12:00

There is no functionality offered on InvestNow to facilitate this. If you want to switch from one fund to another, you have to sell the first one, wait until the sale proceeds are in your Transaction Account and then buy the second fund.

How long does it take my KiwiSaver funds to be transferred to InvestNow?2020-11-04T09:52:37+13:00

How long does it take my KiwiSaver funds to be transferred to InvestNow?

Once you have completed your account opening and your current KiwiSaver provider has received the switch notification, your funds should be transferred within 10 business days.


InvestNow is a member of the Apex Group
To learn more about the Apex Group please visit our Who We Are page here.

Security steps to protect you online
Online security best practices and additional steps to take, specific to your InvestNow account. Read our FAQ here.

Investor & Portfolio Reports
You can produce an Investor Report for your Managed Funds or Term Deposits portfolio anytime, online - see our FAQ here. You can also produce an Investor Report for your KiwiSaver portfolio anytime, online - see our FAQ here.

Cash Balances
Cash balances in InvestNow Transaction Accounts do not accrue interest. InvestNow receives the interest on any money held within the Transaction Account, which helps to pay costs associated with offering and operating InvestNow, including bank fees, which are not passed on to our customers. Read our FAQ here.

InvestNow Service, InvestNow KiwiSaver Scheme & Foundation Series Funds
Our focus is on helping people and providing information, based upon understanding their objectives and level of knowledge. We are one component of a person's financial landscape and actively promote that our customers seek personalised advice from qualified advisers external to InvestNow. Past performance is not necessarily indicative of future performance. The issuer and manager of the InvestNow KiwiSaver Scheme and Foundation Series Funds is FundRock NZ Ltd. For the InvestNow KiwiSaver Scheme Product Disclosure Statement click here. For the Foundation Series Product Disclosure Statement click here.

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