Fund-vs-fund · International FI
Coolabah Global Floating-Rate High Yield PIE Fund vs Fisher Funds Income 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
- Annual fund charges are within 0.05% of each other (1.00% vs 0.99%).
- 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 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
Coolabah
1.00%
Highest 15% of cohort
Fisher Funds
0.99%
Highest 18% of cohort
5-year return p.a.
Past performance — not a predictor
Coolabah
—
—
Fisher Funds
2.20%
Top 10% over 5 years
Fund size
Larger = more stable, lower close-risk
Coolabah
NZ$23m
Smallest 18% in cohort
Fisher Funds
NZ$42m
Lower half by size
| Metric | Coolabah | Fisher Funds | Lower / higher is |
|---|---|---|---|
| Annual fund charge | 1.00% | 0.99% | Lower is better |
| Risk indicator (1–7) | 2 | 3 | Higher = more volatility |
| 5-year return p.a. | — | 2.20% | Higher is better (past not future) |
| Fund size | NZ$23m | NZ$42m | Larger = more stable, lower close-risk |
| Growth / income split | 0% / 100% | 0% / 100% | 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.
What each fund says it does
Coolabah
Coolabah Global Floating-Rate High Yield PIE Fund
The Fund focusses on generating higher income than other traditional fixed income investments by investing in a floating-rate portfolio of investment-grade bonds and hybrid securities predominately issued by global banks, insurers and governments and enhancing the yields (or interest-rate) through the use of gearing (or leverage). The fund currently invests in an underlying fund managed by Coolabah Capital Investments (Retail) Pty Limited (Investment Manager) and targets a position of being fully hedged back to New Zealand dollars.Full Coolabah Coolabah Global Floating-Rate High Yield PIE Fund profile →
Fisher Funds
Fisher Funds Income Fund
The fund aims to provide stable returns over the long term by investing in New Zealand and international fixed interest assetsFull Fisher Funds Fisher Funds Income Fund profile →
Documents
Crawled directly from each manager's website. How we record provenance →
Coolabah
Fisher Funds
LiveLast verified 2026-05-08
Common questions
What's the difference between the Coolabah Global Floating-Rate High Yield PIE Fund and the Fisher Funds Income Fund?
Which fund has lower fees, Coolabah Global Floating-Rate High Yield PIE Fund or Fisher Funds Income Fund?
Are both funds PIE-taxed in NZ?
Where can I read the official documents for these funds?
