ANZ Investments OneAnswer International Fixed Interest Fund
ANZ Investments OneAnswer International Fixed Interest Fund is an international fixed interest managed fund from ANZ Investments with a fund size of NZ$2.3 million and an annual fund charge of 0.49%, as shown on Sorted Smart Investor on 22 May 2026.
Managed by ANZ InvestmentsFund data last refreshed · holdings as filed to 31/03/2026
ANZ Investments OneAnswer International Fixed Interest Fund is a international fi managed fund operated by ANZ Investments; PIE-structured; FMA risk indicator 4/7. Headline terms: annual fund charge 0.53%. Compared with 30 other same-category funds on this site, the 0.53% annual fund charge sits below the same-category median of 0.71%.
PIE tax treatment — capped at your PIR (max 28%)
This fund is a Portfolio Investment Entity (PIE) under Subpart HM of the Income Tax Act 2007. Income is taxed at your Prescribed Investor Rate (10.5% / 17.5% / 28%), not your marginal income-tax rate. The fund manager calculates and pays the tax on your behalf — when your PIR is correct, you usually don't need to declare PIE income in your annual tax return. See ourPIR guideandPIE tax basicsfor the full picture, or use thePIR calculatorto confirm your rate.
Annual fund charge
0.49%
vs peer avg 0.57%
Risk indicator
4/7
1 = lower risk · 7 = higher risk
5-year return p.a.
0.57%
peer avg 1.42%
Fund size
NZ$2.3m
0% growth · 100% income
A return (after the fund charge and before tax) that over the long term is broadly in line with the relevant market index.
How ANZ Investments OneAnswer International Fixed Interest Fund differs
Factual contrasts drawn from the PDS, SIPO and latest portfolio holdings — no opinion.
- Top 3 holdings
- FNMA 30Yr Conventional 150534 0.00 TBA (4.7%) · Government National Mortgage Association 010554 0.00 TBA (1.2%) · Government National Mortgage Association 2 150441 3.50 TBA (1.1%)
- Currency policy
- Currency hedging is used to mitigate foreign currency risk, carried out in line with the hedging style, benchmark and ranges set for each applicable asset class using derivatives such as forward foreign exchange contract…
Key facts
Fund start date
1 October 2007
Tax structure
PIE
Capped at your PIR (max 28%)
Investment policy
From the Statement of Investment Policy and Objectives (SIPO).
Strategic asset allocation ranges
| Asset class | Target | Min | Max |
|---|---|---|---|
| International fixed interest | 100% | 90% | 100% |
| Cash and cash equivalents | 0% | 0% | 10% |
Responsible-investment approach
The three core components are exclusions (excluding some companies and industries based on involvement in areas of harm or for breaching global norms), ESG integration (integrating ESG considerations into evaluation of companies invested in or looking to invest in), and stewardship (engagement and proxy voting). Investment decisions must consider social, environmental and governance factors. A Net Zero 2050 goal applies across all funds under management using a stewardship-based approach to decarbonisation.
Derivatives policy
Derivatives are used to reduce investment risks such as currency risk, or as an efficient way to gain exposure to an asset or asset class (e.g. using equity futures). Their use is carefully managed within defined limits set out in the Derivatives Framework, which is designed to ensure all derivative positions are consistent with the fund's investment strategy and risk profile, and derivative counterparties must meet minimum credit ratings.
Reading between the lines
Plain-English summary of the scheme's disclosed conflicts and performance-fee mechanics, drawn from the OMI and PDS. Factual restatement — no opinion.
- ANZ New Zealand Investments Limited offers eight OneAnswer KiwiSaver funds ranging from a Cash Fund (risk 2/7, 0.26% annual charge) to High Growth and Growth funds (both risk 5/7, 0.99% annual charge).
- The fund range spans passive index-tracking (e.g. New Zealand Fixed Interest Fund at 0.37%) and actively managed multi-asset funds, covering objectives from short-term cash preservation through to long-term growth.
- Annual fund charges range from 0.26% (Cash Fund) to 0.99% (High Growth and Growth funds); no performance fees are disclosed in the provided PDS information.
- No conflicts of interest, related-party transactions, or performance-fee mechanics are disclosed in the material provided for this scheme.
Generated 2026-05-29 from OneAnswer KiwiSaver Scheme PDS (dated 2025-10-21). The verbatim disclosures appear in full below — this summary is a navigation aid, not a substitute.
How this fund compares to peers
Mechanical comparison vs the 31 other international fi funds in our cohort. Source: FMA Disclose register via Sorted Smart Investor. Past performance is not a reliable indicator of future returns.
ANZ Investments OneAnswer International Fixed Interest Fund: 0.49% per annum. International FI median across 31 funds:0.70%. This fund is 0.21 percentage points below the category median.
Annual fund charge
0.49%
Category median: 0.70%
Cheaper than 66% of peers
5y return p.a. (after fees)
+0.57%
Category median: +0.48%
Above peer median (63th percentile)
Fund size
NZ$2.3m
Category median: NZ$141.0m
11th percentile by AUM
Illustrative 5y fee impact on a sample balance of $10,000
$243
Compounded charge over 5 years (excl. returns)
$103 less than peer median
Read the full fee-vs-peers breakdown →
Mechanical scores only — no opinion or recommendation. Different funds suit different investor goals. ManagedFundsNZ is not a Financial Advice Provider. Read the current PDS and consider speaking to a licensed financial adviser.
Complete portfolio
This fund files 3,482 holdings with the FMA as at 31/03/2026. The largest 25 are shown.
Top 10 concentration: 30.2% of net assets.
Direct disclosed holdings only — a floor on exposure, not a total. Filings list wrappers and securities together, so a fund holding another fund shows no look-through here. Disclosed rows account for 100.2% of net assets. Percentages are of this fund's net assets and are safe to sum within this fund only.
| Holding | % of fund | |
|---|---|---|
| Receivables | 19.15% | |
| FNMA 30Yr Conventional 150534 0.00 TBA | 4.74% | |
| Government National Mortgage Association 010554 0.00 TBA | 1.18% | |
| Government National Mortgage Association 2 150441 3.50 TBA | 1.14% | |
| US Treasury Nb 151154 4.50 Govt. Bond | 0.84% | |
| United Kingdom Gilt 070330 4.375 Govt. Bond | 0.80% | |
| FNMA 30Yr Conventional 150434 TBA | 0.63% | |
| Bank Deposit (USD BNP) | 0.58% | |
| France Republic Of Government 250229 2.75 Govt. Bond | 0.57% | |
| France Republic Of Government 250230 2.75 Govt. Bond | 0.57% | |
| BUY USD:SELL EUR 02/04/2026 TDBTOR | 0.50% | |
| GNMA G2SF 200652 3.00 MBS POOL NO MA8098 | 0.50% | |
| United States Treasury 150255 4.625 Govt. Bond | 0.50% | |
| United States Treasury 150844 4.125 Govt. Bond | 0.49% | |
| Bank Deposit (EUR BNP) | 0.38% | |
| Bank Deposit (USD SOC) | 0.38% | |
| Bank Deposit (USD WEL) | 0.37% | |
| Bank Deposit (USD CDSEFR) | 0.36% | |
| Quebec Province Of 010933 3.60 Govt. Bond | 0.34% | |
| PROJECT CASHMERE CLASS A1 REGS 301257 ABS | 0.31% | |
| Canada Government 010329 4.00 Govt. Bond | 0.31% | |
| BEIGNET INVESTOR LLC 300549 6.581 SF | 0.30% | |
| Federal National Mortgage Association 150534 0.00 TBA | 0.30% | |
| Canada Government 010634 3.00 Govt. Bond | 0.29% | |
| Japan Government Of 201244 2.00 Govt. Bond | 0.29% |
Every NZ managed fund must file its complete portfolio with the FMA each quarter. Where a line is itself a fund, trust or ETF, the securities inside it are not broken out here.
Top 10 holdings
As at the latest published quarterly fund update (via Sorted Smart Investor).
| Holding | % of fund |
|---|---|
F3FNMA 30Yr Conventional 150534 0.00 TBA | 4.74% |
GNGovernment National Mortgage Association 010554 0.00 TBA | 1.18% |
GNGovernment National Mortgage Association 2 150441 3.50 TBA | 1.14% |
UTUS Treasury Nb 151154 4.50 Govt. Bond | 0.84% |
UKUnited Kingdom Gilt 070330 4.375 Govt. Bond | 0.80% |
F3FNMA 30Yr Conventional 150434 TBA | 0.63% |
BDBank Deposit (USD BNP) | 0.58% |
FRFrance Republic Of Government 250229 2.75 Govt. Bond | 0.57% |
FRFrance Republic Of Government 250230 2.75 Govt. Bond | 0.57% |
GGGNMA G2SF 200652 3.00 MBS POOL NO MA8098 | 0.50% |
Documents
Every dated PDS, quarterly fund update and full-portfolio holdings file. Linked from the FMA Disclose register via Sorted Smart Investor.
- INTERNATIONAL FIXED INTEREST FUND (FND2178) Full portfolio holdings 31 March 2026.xlsx Download the full portfolio holdings. XLSX, 181.56 KB
- One Answer Kiwi Saver PDS 23 October 2025.pdf How this investment works, including about the provider, risks, costs and potential returns PDF, 906.25 KB
- OAKS International Fixed Interest Fund.pdf The quarterly update published by the provider PDF, 162.84 KB
- OAKSOMI 23 October 2025.pdf OMI - Details important information about the OneAnswer KiwiSaver Scheme. You should read this document in conjunction with the guide and product disclosure statement and o
- One Answer Kiwi Saver Guide 23 October 2025.pdf Guide - A helpful guide to the OneAnswer KiwiSaver Scheme including case studies, information about how to choose a fund, and how to make the most of Ki
- One Answer Kiwi Saver Scheme SIPO 16 February 2026.pdf SIPO - Information about how the funds in the OneAnswer KiwiSaver Scheme invest. PDF, 316.20 KB
- OAKS Underlying Funds and external fund managers 1 April 2026.pdf OneAnswer KiwiSaver Scheme - Underlying funds and external fund managers PDF, 93.59 KB
- ANZ Investments Responsible Investment Framework 30 April 2026.pdf Responsible Investment Framework PDF, 1.32 MB
- Select International Share Fund ESG indicator report Mar 2026.pdf Select International Share Fund Quarterly ESG Indicator Report - tells you how the fund has performed against its ESG indicators. PDF,
- One Answer Kiwi Saver Scheme SIPO 16 February 2026.pdf Statement of investment policy and objectives PDF, 316.20 KB
About this category
Funds investing in fixed-income securities issued outside New Zealand, typically with currency hedging back to NZD.
About ANZ Investments
Asset-management arm of ANZ NZ; runs the OneAnswer multi-fund range.
ANZ Investments has 14 retail funds in our coverage across Diversified, Australasian Equities, International Equities, International FI, Listed Property and NZ Fixed Interest strategies, with annual fund charges from 0.46% to 1.09% a year.
Based in Auckland.
Common questions
Questions people ask about ANZ Investments OneAnswer International Fixed Interest Fund
Questions that recur in search results for this fund, answered from its filed PDS, Fund Update and FMA Disclose record. How the question set was captured is documented in our methodology. Not personal financial advice — for guidance specific to your situation, consult a licensed financial adviser.
What investment has the highest return in NZ?
Returns vary significantly by fund, asset class, and time period. ANZ Investments OneAnswer International Fixed Interest Fund returned 0.57% p.a. after fees and before tax over the 5-year period as at the latest QFU, reflecting its ~99.69% allocation to income assets. Compare returns across funds in our coverage using FMA Disclose data at https://disclose-register.companiesoffice.govt.nz/.
Where is the best place to invest money in NZ?
Investment suitability depends on your goals, time horizon, and risk tolerance. ANZ Investments OneAnswer International Fixed Interest Fund is available directly through ANZ Investments and is classified as a Risk Indicator 4/7 fund with a 0.49% p.a. annual fund charge; review the Product Disclosure Statement and compare options across our fund comparison to assess whether it aligns with your objectives.
Head-to-head
Compare ANZ Investments OneAnswer International Fixed Interest Fund with…
Side-by-side numbers — fees, returns, risk, fund size, asset mix.
Peer funds
Other International FI funds
Same manager
Other funds by ANZ Investments
- ANZ Investments OneAnswer Balanced FundDiversified
- ANZ Investments OneAnswer Balanced Growth FundDiversified
- ANZ Investments OneAnswer Conservative Balanced FundDiversified
FMA risk band
Same risk band (4/7)
See every NZ retail managed fund with the same standardised FMA risk indicator. Useful for peer-checking volatility-comparable funds outside this category.
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Frequently asked questions
Mechanical Q&A grounded in the fund's PDS, SIPO, and latest QFU on the FMA Disclose register. Verify against the source before relying on any of this.
Who manages the ANZ Investments OneAnswer International Fixed Interest Fund?
ANZ Investments OneAnswer International Fixed Interest Fund is managed by ANZ Investments. Asset-management arm of ANZ NZ; runs the OneAnswer multi-fund range.
What asset class is the ANZ Investments OneAnswer International Fixed Interest Fund?
It is a international fi managed fund. Funds investing in fixed-income securities issued outside New Zealand, typically with currency hedging back to NZD.
What are the fees for the ANZ Investments OneAnswer International Fixed Interest Fund?
The annual fund charge for the ANZ Investments OneAnswer International Fixed Interest Fund is 0.49% p.a., as reported in the latest Quarterly Fund Update sourced from the FMA Disclose register. Always check the current PDS for any additional fees.
What is the risk indicator for the ANZ Investments OneAnswer International Fixed Interest Fund?
The risk indicator is 4/7 on the standardised FMA-mandated scale, where 1 is lower risk and 7 is higher risk. The risk indicator is calculated from the fund's price volatility over the past five years and is published in every Quarterly Fund Update.
Is the ANZ Investments OneAnswer International Fixed Interest Fund a PIE fund?
Yes. The ANZ Investments OneAnswer International Fixed Interest Fund is structured as a New Zealand Portfolio Investment Entity (PIE). Investor tax on the fund's income is capped at the investor's Prescribed Investor Rate (PIR), which has a maximum of 28%. Most NZ-resident retail investors with a taxable income at or below NZ$48,000 qualify for a lower PIR.
How big is the ANZ Investments OneAnswer International Fixed Interest Fund?
Fund size (assets under management) is NZ$2 million as at the latest Quarterly Fund Update. Asset mix is approximately 0% growth assets and 100% income assets.
What does the ANZ Investments OneAnswer International Fixed Interest Fund invest in?
The latest published top holdings are: FNMA 30Yr Conventional 150534 0.00 TBA (4.74%), Government National Mortgage Association 010554 0.00 TBA (1.18%), Government National Mortgage Association 2 150441 3.50 TBA (1.14%). Holdings are disclosed in each Quarterly Fund Update; the full portfolio holdings file is also available via the FMA Disclose register.
How can I invest in the ANZ Investments OneAnswer International Fixed Interest Fund?
The ANZ Investments OneAnswer International Fixed Interest Fund is available via ANZ Investments directly. Always read the current Product Disclosure Statement before investing.
What investment has the highest return in NZ?
Returns vary significantly by fund, asset class, and time period. ANZ Investments OneAnswer International Fixed Interest Fund returned 0.57% p.a. after fees and before tax over the 5-year period as at the latest QFU, reflecting its ~99.69% allocation to income assets. Compare returns across funds in our coverage using FMA Disclose data at https://disclose-register.companiesoffice.govt.nz/.
Where is the best place to invest money in NZ?
Investment suitability depends on your goals, time horizon, and risk tolerance. ANZ Investments OneAnswer International Fixed Interest Fund is available directly through ANZ Investments and is classified as a Risk Indicator 4/7 fund with a 0.49% p.a. annual fund charge; review the Product Disclosure Statement and compare options across our fund comparison to assess whether it aligns with your objectives.