Q&A
International Fixed Interest in New Zealand
Four questions investors most often ask about international fi funds in the ManagedFundsNZ coverage. Numbers are computed at build time from the FMA Disclose register and checked at publish.
What is a international fi fund?
Funds investing in fixed-income securities issued outside New Zealand, typically with currency hedging back to NZD.
What annual fee should you expect to pay?
Annual fund charges in this category sit between 0.15% and 2.51% per annum, with a median of 0.70% across the 31 international fi 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 1 and 4 on the 1-to-7 standard scale (where 1 is the lowest historical volatility band and 7 the highest), measured across the 34 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?
23 fund managers run at least one international fi fund in our coverage.
- Coolabah4 funds
- Dimensional3 funds
- Artesian2 funds
- Bentham2 funds
- Daintree2 funds
- Fisher Funds2 funds
- Hunter2 funds
- Smartshares2 funds
- ANZ Investments1 fund
- BetaShares1 fund
- Brandywine1 fund
- Clarity1 fund
- Evidential1 fund
- JPMorgan1 fund
- Kernel1 fund
- Mercer1 fund
- Milford1 fund
- NZ Funds1 fund
- Russell Investments1 fund
- SBS Wealth1 fund
- Simplicity1 fund
- Summer1 fund
- Vision1 fund