Benchmark consistency
A single high return can be luck. This ranks NZ managed funds by how often they beat their own benchmark — the market index named in each fund's regulated fund update — year after year, after fees and tax. Of 146 funds with at least 3 measured years, 20 beat their benchmark in more than half of them.
By category
Most consistent vs benchmark (all categories)
Top 20 of 146, by share of measured years beating benchmark.
Methodology & sources
For each fund we count the years its after-fee, after-tax annual return exceeded the annual return of its own market index, as published in the FMA's consolidated Managed Investment Scheme fund-update dataset. Funds with fewer than 3 measured years are not ranked. The benchmark is the index each fund names in its fund update, not a category average — so the comparison is to the fund's own stated yardstick.
Past performance is not indicative of future returns. Beating a benchmark in the past does not predict future outperformance, and after-fee return, risk and tax all matter. ManagedFundsNZ provides information only, not personalised financial advice — for advice, see a licensed financial adviser.
FMA Disclose fund-update data