Fund-vs-fund · International Equities
Foundation Series Hedged Total World FundvsHarbour Epoch Global Quality Select Equity (Hedged) 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.
Foundation Series Hedged Total World Fund
Harbour Epoch Global Quality Select Equity (Hedged) Fund
No platform availability confirmed. Usually means it is bought directly from the manager — check their site.
What's different at a glance
- Foundation Series Hedged Total World Fund charges 0.94% lower in annual fund charges (0.07% vs 1.01%).
- 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
Foundation Series
0.07%
Lowest 5% of cohort
Harbour
1.01%
Upper half of cohort
5-year return p.a.
Past performance — not a predictor
Foundation Series
—
—
Harbour
—
—
Fund size
Larger = more stable, lower close-risk
Foundation Series
NZ$85m
Lower half by size
Harbour
NZ$91m
Lower half by size
| Metric | Foundation Series | Harbour | Lower / higher is |
|---|---|---|---|
| Annual fund charge | 0.07% | 1.01% | Lower is better |
| Risk indicator (1–7) | 5 | 5 | Higher = more volatility |
| 5-year return p.a. | — | — | Higher is better (past not future) |
| Fund size | NZ$85m | NZ$91m | 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 to NZD | Hedged to NZD | 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
Foundation Series
Foundation Series Hedged Total World Fund
The fund aims for high long-run returns by investing in an Exchange-Traded Fund ('ETF') that invests in shares of the large, mid-sized and small companies listed on international stock markets.Full Foundation Series Foundation Series Hedged Total World Fund profile →
Harbour
Harbour Epoch Global Quality Select Equity (Hedged) Fund
The Fund�s objective is to provide long-term capital appreciation by investing primarily in a portfolio of securities of companies which are traded, listed or due to be listed, on recognised exchanges and/or markets throughout the world. The portfolio may include investments in the securities of companies traded, listed or due to be listed, on recognised exchanges and/or markets of developing countries. The Fund�s foreign currency exposure is fully hedged to New Zealand dollars.Full Harbour Harbour Epoch Global Quality Select Equity (Hedged) Fund profile →
Documents
Crawled directly from each manager's website. How we record provenance →
Common questions
What's the difference between the Foundation Series Hedged Total World Fund and the Harbour Epoch Global Quality Select Equity (Hedged) Fund?
Which fund has lower fees, Foundation Series Hedged Total World Fund or Harbour Epoch Global Quality Select Equity (Hedged) Fund?
Are both funds PIE-taxed in NZ?
Where can I read the official documents for these funds?
