Mechanical screen

NZ diversified (multi-asset) managed funds

These are the funds in our coverage tagged diversified — single-portfolio multi-asset funds that hold a mix of shares, bonds, cash and sometimes property. Sorted by annual fund charge from lowest to highest.

Filter: Category = diversified
Funds matching: 73
Sorted by: Annual fund charge (asc)

Last refreshed 2026-10-10 · Sourced from FMA Disclose via Sorted Smart Investor.How this list is built

#	Fund	Manager	Annual fund charge	Peer-avg fee	Fund size
1	Simplicity Conservative Investment Fund PIE · capped at PIR (max 28%)conservative Diversified	Simplicity	0.25%	0.89%	NZ$169m
2	Simplicity Balanced Investment Fund PIE · capped at PIR (max 28%)balanced Diversified	Simplicity	0.25%	1.10%	NZ$738m
3	Simplicity Growth Investment Fund PIE · capped at PIR (max 28%)growth Diversified	Simplicity	0.25%	1.29%	NZ$1.29b
4	Simplicity High Growth Investment Fund PIE · capped at PIR (max 28%)aggressive Diversified	Simplicity	0.25%	0.91%	NZ$509m
5	Simplicity Homes and Income Investment Fund PIE · capped at PIR (max 28%)balanced Diversified	Simplicity	0.25%	0.89%	NZ$68m
6	Kernel Conservative Fund PIE · capped at PIR (max 28%)conservative Diversified	Kernel	0.25%	0.89%	NZ$14m
7	Kernel Balanced Fund PIE · capped at PIR (max 28%)balanced Diversified	Kernel	0.25%	0.91%	NZ$45m
8	Kernel High Growth Fund PIE · capped at PIR (max 28%)aggressive Diversified	Kernel	0.25%	0.85%	NZ$530m
9	Foundation Series Balanced Fund PIE · capped at PIR (max 28%)balanced Diversified	Foundation Series	0.36%	1.10%	NZ$46m
10	Foundation Series High Growth Fund PIE · capped at PIR (max 28%)aggressive Diversified	Foundation Series	0.37%	0.91%	NZ$10m
11	Foundation Series Growth Fund PIE · capped at PIR (max 28%)growth Diversified	Foundation Series	0.38%	1.29%	NZ$62m
12	ANZ Investments OneAnswer Conservative Fund PIE · capped at PIR (max 28%)conservative Diversified	ANZ Investments	0.63%	0.89%	NZ$104m
13	Milford Diversified Income Fund PIE · capped at PIR (max 28%)income Diversified	Milford	0.65%	0.89%	NZ$3.50b
14	Harbour Income Fund PIE · capped at PIR (max 28%)income Diversified	Harbour	0.66%	1.10%	NZ$294m
15	Booster Wealth Moderate Fund PIE · capped at PIR (max 28%)conservative Diversified	Booster	0.74%	1.10%	NZ$3m
16	ANZ Investments OneAnswer Conservative Balanced Fund PIE · capped at PIR (max 28%)conservative balanced Diversified	ANZ Investments	0.75%	0.89%	NZ$529m
17	QuayStreet Income Fund PIE · capped at PIR (max 28%)income Diversified	QuayStreet	0.77%	0.65%	NZ$329m
18	AMP Aggressive Managed Fund PIE · capped at PIR (max 28%)aggressive Diversified	AMP	0.80%	0.91%	NZ$12m
19	AMP Balanced Managed Fund PIE · capped at PIR (max 28%)balanced Diversified	AMP	0.81%	1.10%	NZ$45m
20	AMP Growth Managed Fund PIE · capped at PIR (max 28%)growth Diversified	AMP	0.81%	1.29%	NZ$44m
21	Booster Wealth Balanced Fund PIE · capped at PIR (max 28%)balanced Diversified	Booster	0.83%	1.10%	NZ$12m
22	Milford Conservative Fund PIE · capped at PIR (max 28%)conservative Diversified	Milford	0.85%	0.89%	NZ$939m
23	Summer Conservative Selection PIE · capped at PIR (max 28%)conservative Diversified	Summer	0.87%	0.86%	NZ$10m
24	ANZ Investments OneAnswer Balanced Fund PIE · capped at PIR (max 28%)balanced Diversified	ANZ Investments	0.90%	1.10%	NZ$927m
25	SBS Wealth Conservative Strategy PIE · capped at PIR (max 28%)conservative Diversified	SBS Wealth	0.90%	0.89%	NZ$2m
26	Booster Wealth Growth Fund PIE · capped at PIR (max 28%)growth Diversified	Booster	0.91%	1.29%	NZ$7m
27	ANZ Investments OneAnswer Balanced Growth Fund PIE · capped at PIR (max 28%)balanced growth Diversified	ANZ Investments	0.93%	1.12%	NZ$754m
28	Harbour Balanced Fund PIE · capped at PIR (max 28%)balanced Diversified	Harbour	0.93%	1.12%	NZ$2m
29	ANZ Investments OneAnswer High Growth Fund PIE · capped at PIR (max 28%)aggressive Diversified	ANZ Investments	0.95%	0.85%	NZ$67m
30	Booster Wealth High Growth Fund PIE · capped at PIR (max 28%)aggressive Diversified	Booster	0.96%	0.91%	NZ$4m
31	Clarity Diversified Income Fund PIE · capped at PIR (max 28%)income Diversified	Clarity	0.96%	0.89%	NZ$5m
32	ANZ Investments OneAnswer Growth Fund PIE · capped at PIR (max 28%)growth Diversified	ANZ Investments	0.98%	1.12%	NZ$439m
33	Lifetime Conservative Fund PIE · capped at PIR (max 28%)conservative Diversified	Lifetime	0.99%	0.89%	NZ$2m
34	Lifetime Balanced Fund PIE · capped at PIR (max 28%)balanced Diversified	Lifetime	0.99%	1.10%	NZ$10m
35	Lifetime Growth Fund PIE · capped at PIR (max 28%)growth Diversified	Lifetime	0.99%	1.29%	NZ$3m
36	Harbour Growth Fund PIE · capped at PIR (max 28%)growth Diversified	Harbour	1.00%	1.12%	NZ$15m
37	Mint Diversified Income Fund PIE · capped at PIR (max 28%)income Diversified	Mint	1.01%	0.89%	NZ$41m
38	Summer Balanced Selection PIE · capped at PIR (max 28%)balanced Diversified	Summer	1.02%	0.91%	NZ$125m
39	Summer Growth Selection PIE · capped at PIR (max 28%)growth Diversified	Summer	1.02%	1.07%	NZ$111m
40	SBS Wealth Balanced Strategy PIE · capped at PIR (max 28%)balanced Diversified	SBS Wealth	1.03%	1.10%	NZ$17m
41	Harbour Balanced Growth Fund PIE · capped at PIR (max 28%)balanced growth Diversified	Harbour	1.04%	1.29%	NZ$58m
42	Milford Active Growth Fund PIE · capped at PIR (max 28%)growth Diversified	Milford	1.05%	1.29%	NZ$5.98b
43	Milford Balanced Fund PIE · capped at PIR (max 28%)balanced Diversified	Milford	1.05%	1.10%	NZ$2.52b
44	Milford Aggressive Fund PIE · capped at PIR (max 28%)aggressive Diversified	Milford	1.15%	0.91%	NZ$3.69b
45	Clarity Diversified Growth Fund PIE · capped at PIR (max 28%)growth Diversified	Clarity	1.16%	0.91%	NZ$9m
46	Octagon Balanced Fund PIE · capped at PIR (max 28%)balanced Diversified	Octagon	1.17%	1.10%	NZ$37m
47	SBS Wealth Growth Strategy PIE · capped at PIR (max 28%)growth Diversified	SBS Wealth	1.17%	0.85%	NZ$477m
48	SBS Wealth High Growth Strategy PIE · capped at PIR (max 28%)aggressive Diversified	SBS Wealth	1.17%	0.85%	NZ$477m
49	Castle Point 5 Oceans Fund PIE · capped at PIR (max 28%)balanced Diversified	Castle Point	1.18%	1.10%	NZ$79m
50	NZ Funds Wealth Builder - Income Strategy PIE · capped at PIR (max 28%)income Diversified	NZ Funds	1.20%	0.65%	NZ$20m
51	Mint Diversified Growth Fund PIE · capped at PIR (max 28%)growth Diversified	Mint	1.21%	1.29%	NZ$46m
52	Mercer Responsible Balanced Fund PIE · capped at PIR (max 28%)Responsible / ethicalbalanced Diversified	Mercer	1.25%	1.10%	NZ$28m
53	Mercer Income Generator Fund PIE · capped at PIR (max 28%)income Diversified	Mercer	1.28%	1.10%	NZ$21m
54	Pathfinder Ethical Growth Fund PIE · capped at PIR (max 28%)Responsible / ethicalgrowth Diversified	Pathfinder	1.31%	1.29%	NZ$98m
55	Booster Socially Responsible Balanced Fund PIE · capped at PIR (max 28%)Responsible / ethicalbalanced Diversified	Booster	1.33%	0.91%	NZ$427m
56	Booster Socially Responsible Growth Fund PIE · capped at PIR (max 28%)Responsible / ethicalgrowth Diversified	Booster	1.34%	1.07%	NZ$123m
57	Fisher Funds Conservative Fund PIE · capped at PIR (max 28%)conservative Diversified	Fisher Funds	1.35%	0.89%	NZ$116m
58	Generate Focused Growth Managed Fund PIE · capped at PIR (max 28%)growth Diversified	Generate	1.35%	0.91%	NZ$118m
59	Booster Wealth Geared Growth Fund PIE · capped at PIR (max 28%)aggressive Diversified	Booster	1.35%	0.91%	NZ$3m
60	Booster Socially Responsible High Growth Fund PIE · capped at PIR (max 28%)Responsible / ethicalaggressive Diversified	Booster	1.35%	0.85%	NZ$873m
61	Lifetime Retirement Income Fund PIE · capped at PIR (max 28%)income Diversified	Lifetime	1.36%	1.10%	NZ$115m
62	Booster Shielded Growth Fund PIE · capped at PIR (max 28%)growth Diversified	Booster	1.41%	0.85%	NZ$15m
63	Fisher Funds Growth Fund PIE · capped at PIR (max 28%)growth Diversified	Fisher Funds	1.46%	1.29%	NZ$319m
64	ACI Conservative Fund PIE · capped at PIR (max 28%)conservative Diversified	AACI	1.50%	0.89%	NZ$4m
65	NZ Funds Wealth Builder - Inflation Strategy PIE · capped at PIR (max 28%)balanced Diversified	NZ Funds	1.58%	1.29%	NZ$23m
66	ACI Growth Fund PIE · capped at PIR (max 28%)growth Diversified	AACI	1.61%	1.29%	NZ$8m
67	NZ Funds Income Generator PIE · capped at PIR (max 28%)income Diversified	NZ Funds	1.67%	0.91%	NZ$16m
68	NZ Funds Wealth Builder - Growth Strategy PIE · capped at PIR (max 28%)growth Diversified	NZ Funds	2.14%	0.91%	NZ$58m
69	Fisher Funds Aggressive Fund PIE · capped at PIR (max 28%)aggressive Diversified	Fisher Funds	—	—	—
70	Fisher Funds Balanced Fund PIE · capped at PIR (max 28%)balanced Diversified	Fisher Funds	—	—	—
71	Fisher Funds Balanced Strategy 40/60 Fund PIE · capped at PIR (max 28%)balanced Diversified	Fisher Funds	—	—	—
72	Fisher Funds Balanced Strategy 45/55 Fund PIE · capped at PIR (max 28%)balanced Diversified	Fisher Funds	—	—	—
73	Harbour Sustainable Impact Fund PIE · capped at PIR (max 28%)Responsible / ethicalbalanced Diversified	Harbour	—	—	—

Other mechanical screens

NZ managed funds with annual fund charges below 0.75%NZ managed funds with a growth or aggressive risk profile NZ managed funds with a conservative or moderate risk profile NZ index-tracking managed funds NZ managed funds with a responsible-investment label NZ Australasian-equity managed funds Build your own filter →

Per-asset-class Q&A

Diversified Q&A Australasian-equities Q&A International-equities Q&A NZ fixed-interest Q&A International FI Q&A Listed property Q&A Cash Q&A Other Q&A

How this list is built

The filter is purely mechanical — funds are included only if they match the criterion shown above. No editorial judgement, no opinion-based ranking.
Sort order is annual fund charge ascending; funds with no fee data on file are listed at the bottom alphabetically.
Annual fund charge data comes from the FMA Disclose register via Sorted Smart Investor; risk-profile, ETF, hedge and responsible-investment flags come from the manager's own disclosure.
This page is not financial advice. ManagedFundsNZ is not a Financial Advice Provider. Read the relevant Product Disclosure Statement and consider talking to a licensed adviser before investing.
See methodology for full sourcing and confidence-tier definitions.