Fund-vs-fund · Listed Property
ANZ Investments OneAnswer International Property Fund vs Dexus Global REIT Fund
Both are Listed Property 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.
Why these two differ
The most material difference between these two funds is data availability: the Dexus Global REIT Fund returns no disclosable figures in this snapshot — fee, risk indicator, five-year return, fund size, asset allocation, and holdings are all absent — making a balanced side-by-side comparison impossible on most dimensions. Any structural similarities (both sit in the Listed Property category) are therefore the limit of what can be confirmed from the current data.
Where data does exist, it belongs entirely to the ANZ Investments OneAnswer International Property Fund. That fund charges an annual fund charge of 0.99%, carries a risk indicator of 6 out of 7, and has returned 3.11% per annum over five years to its latest Quarterly Fund Update. Its fund size stands at approximately NZD 7.09 million, and 98.37% of assets are classified as growth assets, indicating a near-fully invested equity-style posture. The top five holdings — Welltower Inc (9.9%), Equinix Inc (9.12%), Federal Realty Investment Trust (5.3%), Simon Property Group Inc (5.25%), and Digital Realty Trust Inc (5.17%) — skew toward US healthcare real estate and data-centre REITs. The fund is offered as part of a KiwiSaver scheme account structure under the OneAnswer KiwiSaver scheme.
Because the Dexus Global REIT Fund discloses no comparable data in this snapshot, readers cannot assess relative fees, risk, scale, or portfolio composition between the two funds. Verify all figures against each fund's current Product Disclosure Statement and latest Quarterly Fund Update on FMA Disclose before relying on any of this information.
Cached comparison generated 2026-05-21 from each fund's latest FMA Disclose QFU. Regenerated when the underlying facts change.
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 15 listed property funds we've matched on Sorted Smart Investor. Mechanical only — no opinion, no forward-looking view.
Annual fund charge
Lower is better
ANZ Investments
0.99%
Lower half of cohort
Dexus
—
—
5-year return p.a.
Past performance — not a predictor
ANZ Investments
3.11%
Top 21% over 5 years
Dexus
—
—
Fund size
Larger = more stable, lower close-risk
ANZ Investments
NZ$7m
Smallest 3% in cohort
Dexus
—
—
| Metric | ANZ Investments | Dexus | Lower / higher is |
|---|---|---|---|
| Annual fund charge | 0.99% | — | Lower is better |
| Risk indicator (1–7) | 6 | — | Higher = more volatility |
| 5-year return p.a. | 3.11% | — | Higher is better (past not future) |
| Fund size | NZ$7m | — | 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
ANZ Investments
ANZ Investments OneAnswer International Property Fund
The International Property Fund invests mainly in international listed property assets. Investments may include companies, funds or trusts that invest in property and are listed or are soon to be listed, and cash and cash equivalents. The International Property Fund aims to achieve a return (after the fund charge and before tax) that over the long-term outperforms the relevant market index.Full ANZ Investments ANZ Investments OneAnswer International Property Fund profile →
Dexus
Dexus Global REIT Fund
Strategy summary not yet ingested.
Full Dexus Dexus Global REIT Fund profile →Common questions
What's the difference between the ANZ Investments OneAnswer International Property Fund and the Dexus Global REIT Fund?
Are both funds PIE-taxed in NZ?
Where can I read the official documents for these funds?
