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Fund-vs-fund · Australasian Equities

Fisher Funds New Zealand Growth Fund vs Smart S&P/NZX 50 ETF

Both are Australasian 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.

Metric Fisher Funds Smartshares Lower / higher is
Annual fund charge 1.42% 0.20% Lower is better
Risk indicator (1–7) 5 5 Higher = more volatility
5-year return p.a. 0.12% 0.33% Higher is better
(past not future)
Fund size NZ$188m NZ$207m Larger = more stable, lower close-risk
Growth / income split 98% / 2% 98% / 2% More growth = higher long-run return + volatility

What each fund says it does

Fisher Funds

Fisher Funds New Zealand Growth Fund

The fund focuses on growth of your investment over the long term by investing in quality New Zealand companies which can consistently produce increasing earnings
Full Fisher Funds Fisher Funds New Zealand Growth Fund profile →

Smartshares

Smart S&P/NZX 50 ETF

The Smart S&P/NZX 50 ETF is designed to track the return (before tax, fees and other expenses) of the S&P/NZX 50 Gross with Imputation Index.The Index is comprised of 50 of the largest companies listed on the NZX. The weighting of each company in the Index is based on its market capitalisation.
Full Smartshares Smart S&P/NZX 50 ETF 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.