Fund-vs-fund · International FI
ANZ Investments OneAnswer International Fixed Interest Fund vs Hunter Private Credit Fund
Both are International FI 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.
What's different at a glance
- ANZ Investments OneAnswer International Fixed Interest Fund charges 0.34% lower in annual fund charges (0.49% vs 0.83%).
- Both are New Zealand PIE funds — investor tax is capped at the Prescribed Investor Rate (PIR), maximum 28%.
- Hunter Private Credit Fund is roughly 8.8× the size of the other fund.
Where each fund sits in its cohort
Percentile rank vs all 31 international fi funds we've matched on Sorted Smart Investor. Mechanical only — no opinion, no forward-looking view.
Annual fund charge
Lower is better
ANZ Investments
0.49%
Lower half of cohort
Hunter
0.83%
Upper half of cohort
5-year return p.a.
Past performance — not a predictor
ANZ Investments
0.57%
Upper half over 5 years
Hunter
—
—
Fund size
Larger = more stable, lower close-risk
ANZ Investments
NZ$2m
Smallest 11% in cohort
Hunter
NZ$20m
Smallest 15% in cohort
| Metric | ANZ Investments | Hunter | Lower / higher is |
|---|---|---|---|
| Annual fund charge | 0.49% | 0.83% | Lower is better |
| Risk indicator (1–7) | 4 | 2 | Higher = more volatility |
| 5-year return p.a. | 0.57% | — | Higher is better (past not future) |
| Fund size | NZ$2m | NZ$20m | Larger = more stable, lower close-risk |
| Growth / income split | 0% / 100% | 53% / 47% | 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. |
Portfolio overlap
How many top-10 positions both funds hold, and at what weight. Computed from each fund's most recently disclosed top-10 holdings — exact-name matched (Microsoft Corp. = Microsoft Corporation), with a Cash / Cash & Equivalents collapse rule.
0 overlapping top-10 holdings. The two funds disclose disjoint top-10 sets — useful diversification signal if you held both.
What each fund says it does
ANZ Investments
ANZ Investments OneAnswer International Fixed Interest Fund
The International Fixed Interest Fund invests mainly in international fixed interest assets. Investment may include fixed interest assets issued by governments or international companies, and cash and cash equivalents. The International Fixed Interest Fund aims to achieve a return (after the fund charge and before tax) that over the long-term is broadly in line with the relevant market index.Full ANZ Investments ANZ Investments OneAnswer International Fixed Interest Fund profile →
Hunter
Hunter Private Credit Fund
The Fund aims to provide investors with exposure across private credit segments which from time to time include bilateral lending to small-to-medium sized enterprises, leveraged loans, asset-backed lending, and business equipment receivables. The Fund is typically exposed to sub-investment grade borrowers which have a substantially higher risk of default than investment grade entities.Full Hunter Hunter Private Credit Fund profile →
Common questions
What's the difference between the ANZ Investments OneAnswer International Fixed Interest Fund and the Hunter Private Credit Fund?
Both are international fi funds available to NZ retail investors. ANZ Investments OneAnswer International Fixed Interest Fund charges 0.34% lower in annual fund charges (0.49% vs 0.83%).
Which fund has lower fees, ANZ Investments OneAnswer International Fixed Interest Fund or Hunter Private Credit Fund?
ANZ Investments OneAnswer International Fixed Interest Fund has the lower annual fund charge (0.49% p.a. vs 0.83% p.a.). Source: each fund's most recent Quarterly Fund Update on the FMA Disclose register.
Are both funds PIE-taxed in NZ?
Yes. Both are NZ Portfolio Investment Entities (PIEs). Investor tax on the fund's income is capped at the Prescribed Investor Rate (PIR), maximum 28%.
Where can I read the official documents for these funds?
Both funds publish their Product Disclosure Statement (PDS), Statement of Investment Policy (SIPO) and Quarterly Fund Update (QFU) on the FMA Disclose register at disclose-register.companiesoffice.govt.nz. Always read the current PDS before investing.
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Important: This comparison is general information only — not personalised financial advice.
Past performance is not a reliable indicator of future returns. The right fund for you depends on your personal
circumstances. Read each fund's Product Disclosure Statement and consider speaking to a licensed financial adviser.