Fund-vs-fund · International FI
Fisher Funds BondPlus Fund vs NZ Funds Global Bonds
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
- Fisher Funds BondPlus Fund charges 0.18% lower in annual fund charges (1.26% vs 1.44%).
- 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
Fisher Funds
1.26%
Highest 11% of cohort
NZ Funds
1.44%
Highest 8% of cohort
5-year return p.a.
Past performance — not a predictor
Fisher Funds
0.53%
Upper half over 5 years
NZ Funds
0.17%
Bottom 17% over 5 years
Fund size
Larger = more stable, lower close-risk
Fisher Funds
NZ$95m
Lower half by size
NZ Funds
NZ$137m
Lower half by size
| Metric | Fisher Funds | NZ Funds | Lower / higher is |
|---|---|---|---|
| Annual fund charge | 1.26% | 1.44% | Lower is better |
| Risk indicator (1–7) | 3 | 4 | Higher = more volatility |
| 5-year return p.a. | 0.53% | 0.17% | Higher is better (past not future) |
| Fund size | NZ$95m | NZ$137m | 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.
Matching holdings
1
of each fund's top 10
Fisher Funds weight in shared
0.9%
of Fisher Funds BondPlus Fund top 10 is shared
NZ Funds weight in shared
3.6%
of NZ Funds Global Bonds top 10 is shared
| Holding | Fisher Funds | NZ Funds |
|---|---|---|
| $ CASH COLLATERAL ISDA IND USD US | 0.95% | 3.60% |
"Min weight" = the smaller of the two weights — a conservative read of how much exposure you'd have to that position if you held both funds.
What each fund says it does
Fisher Funds
Fisher Funds BondPlus Fund
The fund aims to provide stable returns over the long term by investing in international fixed interest assetsFull Fisher Funds Fisher Funds BondPlus Fund profile →
NZ Funds
NZ Funds Global Bonds
The objective of the Global Bonds fund is to generate gains by investing in income assets and other authorised assets with active management. The fund is anticipated to mainly own and trade international bonds over the minimum suggested timeframe.Full NZ Funds NZ Funds Global Bonds profile →
Documents
Crawled directly from each manager's website. How we record provenance →
Fisher Funds
LiveLast verified 2026-05-08
- Other Material Information165 kB · file fingerprint recorded
- Product Disclosure Statement246 kB · file fingerprint recorded
- Product Disclosure Statement143 kB · file fingerprint recorded
- Product Disclosure Statement666 kB · file fingerprint recorded
- Product Disclosure Statement595 kB · file fingerprint recorded
- Quarterly Fund Update55 kB · file fingerprint recorded
NZ Funds
Common questions
What's the difference between the Fisher Funds BondPlus Fund and the NZ Funds Global Bonds?
Which fund has lower fees, Fisher Funds BondPlus Fund or NZ Funds Global Bonds?
How do the 5-year returns compare?
Are both funds PIE-taxed in NZ?
Where can I read the official documents for these funds?
