Fund-vs-fund · Diversified
Castle Point 5 Oceans Fund vs Generate Focused Growth Managed Fund
Both are Diversified 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.
| Metric | Castle Point | Generate | Lower / higher is |
|---|---|---|---|
| Annual fund charge | 1.18% | 1.39% | Lower is better |
| Risk indicator (1–7) | 3 | 5 | Higher = more volatility |
| 5-year return p.a. | 3.85% | 8.22% | Higher is better (past not future) |
| Fund size | NZ$79m | NZ$110m | Larger = more stable, lower close-risk |
| Growth / income split | 52% / 48% | 98% / 2% | More growth = higher long-run return + volatility |
What each fund says it does
Castle Point
Castle Point 5 Oceans Fund
The Fund is a globally diversified fund that provides a moderate exposure to growth assets. The Fund invests in a mix of directly owned assets, other Castle Point funds and selected third-party funds. The Fund is designed to generate returns, with the objective of outperforming the NZ Official Cash Rate +3% over the medium term (after fees but before tax), with some risk mitigation tools to smoothen the ride.Full Castle Point Castle Point 5 Oceans Fund profile →
Generate
Generate Focused Growth Managed Fund
The Focused Growth Managed Fund aims to provide a higher return over the long term. It invests in an actively managed portfolio made up predominantly of growth assets with a minor allocation of income assets. Volatility is likely to be high. Returns will vary and may be low or negative at times.Full Generate Generate Focused Growth Managed Fund profile →
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.