Fund-vs-fund · Australasian Equities
Amova Concentrated Equity FundvsOctagon Australasian Equities Fund
Both are Australasian Equities funds available to NZ retail investors. Numbers below are sourced from the FMA Disclose register via Sorted Smart Investor and reflect the latest published quarterly fund updates.
Where you can buy these
Platform availability confirmed within the last 180 days. This is a statement of availability, not a recommendation — ManagedFundsNZ is not a Financial Advice Provider. Check the current PDS before investing.
Amova Concentrated Equity Fund
Octagon Australasian Equities Fund
No platform availability confirmed. Usually means it is bought directly from the manager — check their site.
What's different at a glance
- Both are New Zealand PIE funds — investor tax is capped at the Prescribed Investor Rate (PIR), maximum 28%.
Where each fund sits in its cohort
Percentile rank vs all 57 australasian equities funds we've matched on Sorted Smart Investor. Mechanical only — no opinion, no forward-looking view.
Annual fund charge
Lower is better
Amova
1.15%
Upper half of cohort
Octagon
—
—
5-year return p.a.
Past performance — not a predictor
Amova
0.65%
Lower half over 5 years
Octagon
—
—
Fund size
Larger = more stable, lower close-risk
Amova
NZ$13m
Smallest 15% in cohort
Octagon
—
—
| Metric | Amova | Octagon | Lower / higher is |
|---|---|---|---|
| Annual fund charge | 1.15% | — | Lower is better |
| Risk indicator (1–7) | 5 | — | Higher = more volatility |
| 5-year return p.a. | 0.65% | — | Higher is better (past not future) |
| Fund size | NZ$13m | — | Larger = more stable, lower close-risk |
| Growth / income split | 98% / 2% | — | More growth = higher long-run return + volatility |
| NZ tax structure | PIE (PIR-capped) | PIE (PIR-capped) | PIE = simpler. FIF = annual return. |
| Currency hedging | — | — | Hedged smooths NZD/foreign FX moves at a small cost. |
| Responsible investment screening | No | No | Specific exclusions live in each fund's SIPO. |
| Available via | Direct | Direct | Platforms accepting retail subscriptions. |
What each fund says it does
Amova
Amova Concentrated Equity Fund
The 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.Full Amova Amova Concentrated Equity Fund profile →
Octagon
Octagon Australasian Equities Fund
Strategy summary not yet ingested.
Full Octagon Octagon Australasian Equities Fund profile →Common questions
What's the difference between the Amova Concentrated Equity Fund and the Octagon Australasian Equities Fund?
Are both funds PIE-taxed in NZ?
Where can I read the official documents for these funds?
