Q&A
Australasian Equities in New Zealand
Four questions investors most often ask about australasian equities funds in the ManagedFundsNZ coverage. Numbers are computed at build time from the FMA Disclose register and checked at publish.
What is a australasian equities fund?
Funds investing primarily in shares listed on the NZX (New Zealand) or ASX (Australia), or both as Trans-Tasman portfolios. Includes active stock-pickers and passive index trackers.
What annual fee should you expect to pay?
Annual fund charges in this category sit between 0.10% and 3.21% per annum, with a median of 1.00% across the 57 australasian equities funds where the FMA Disclose register publishes a charge. Annual fund charge covers the management fee and underlying fund expenses. Performance fees and transaction spreads sit on top of this number.
What's the FMA risk-indicator range?
Funds in this category carry FMA risk indicators between 4 and 6 on the 1-to-7 standard scale (where 1 is the lowest historical volatility band and 7 the highest), measured across the 57 funds in the category that publish a risk-indicator value. The FMA's risk indicator is a backwards-looking measure of return volatility — it does not predict future loss.
Who are the active providers?
25 fund managers run at least one australasian equities fund in our coverage.
- Smartshares11 funds
- Harbour6 funds
- Devon4 funds
- Kernel4 funds
- BetaShares3 funds
- Fisher Funds3 funds
- Amova2 funds
- ANZ Investments2 funds
- Clarity2 funds
- Mercer2 funds
- Milford2 funds
- Mint2 funds
- Octagon2 funds
- Salt2 funds
- Castle Point1 fund
- Dimensional1 fund
- Hyperion1 fund
- NZ Funds1 fund
- Pathfinder1 fund
- QuayStreet1 fund
- Russell Investments1 fund
- SBS Wealth1 fund
- Simplicity1 fund
- Summer1 fund
- TAHITO1 fund