Fund-vs-fund · International Equities
Fisher Funds International Growth FundvsPella Global Generations PIE Fund
Both are International Equities 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.
Where you can buy these
Platform availability confirmed within the last 180 days. This is a statement of availability, not a recommendation — ManagedFundsNZ is not a Financial Advice Provider. Check the current PDS before investing.
Fisher Funds International Growth Fund
Pella Global Generations PIE Fund
No platform availability confirmed. Usually means it is bought directly from the manager — check their site.
What's different at a glance
- Pella Global Generations PIE Fund charges 0.46% lower in annual fund charges (0.85% vs 1.31%).
- 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 84 international equities funds we've matched on Sorted Smart Investor. Mechanical only — no opinion, no forward-looking view.
Annual fund charge
Lower is better
Fisher Funds
1.31%
Highest 13% of cohort
Pella
0.85%
Upper half of cohort
5-year return p.a.
Past performance — not a predictor
Fisher Funds
0.26%
Bottom 3% over 5 years
Pella
—
—
Fund size
Larger = more stable, lower close-risk
Fisher Funds
NZ$74m
Lower half by size
Pella
NZ$64m
Lower half by size
| Metric | Fisher Funds | Pella | Lower / higher is |
|---|---|---|---|
| Annual fund charge | 1.31% | 0.85% | Lower is better |
| Risk indicator (1–7) | 6 | 5 | Higher = more volatility |
| 5-year return p.a. | 0.26% | — | Higher is better (past not future) |
| Fund size | NZ$74m | NZ$64m | Larger = more stable, lower close-risk |
| Growth / income split | 98% / 2% | 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. |
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
Fisher Funds
Fisher Funds International Growth Fund
The fund focuses on growth of your investment over the long term by investing in quality international companies which can consistently produce increasing earningsFull Fisher Funds Fisher Funds International Growth Fund profile →
Pella
Pella Global Generations PIE Fund
The Investment Manager believes it is possible to consistently generate excess returns by creating a diversified portfolio of highly cash flow generative companies with favourable outlooks that are trading at attractive valuations.Full Pella Pella Global Generations PIE Fund profile →
Documents
Crawled directly from each manager's website. How we record provenance →
Fisher Funds
LiveLast verified 2026-05-08
Pella
Common questions
What's the difference between the Fisher Funds International Growth Fund and the Pella Global Generations PIE Fund?
Which fund has lower fees, Fisher Funds International Growth Fund or Pella Global Generations PIE Fund?
Are both funds PIE-taxed in NZ?
Where can I read the official documents for these funds?
