Artesian Green and Sustainable Bond Fund (NZD)
Managed by Artesian Artesian Green and Sustainable Bond Fund (NZD) is a international fi managed fund operated by Artesian; PIE-structured; FMA risk indicator 3/7. Headline terms: annual fund charge 0.63% · minimum investment NZ$10,000 · distributions quarterly. Compared with 31 other same-category funds on this site, the 0.63% annual fund charge sits below the same-category median of 0.70%.
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 our PIR guide and PIE tax basics for the full picture, or use the PIR calculator to confirm your rate.
Annual fund charge
—
Risk indicator
3/7
1 = lower risk · 7 = higher risk
5-year return p.a.
Less than 5 years of data
Fund size
NZ$0
0% growth · 1% income
To outperform the benchmark net of fees through active management. The strategy for this Fund is to invest in a diversified portfolio of Australian and international green, social and sustainable bonds that have been screened in accordance with Artesian's screening processes. This Fund is generally suited for persons seeking stable returns.
How Artesian Green and Sustainable Bond Fund (NZD) differs
Factual contrasts drawn from the PDS, SIPO and latest portfolio holdings — no opinion.
- Benchmark
- Bloomberg AusBond Composite 0-5 Yr Index in NZD, 100% hedged to NZD
- Responsible-investment screen
- Excludes Tobacco production; Alcohol production; Pornography production, plus 4 additional categories (full list in the SIPO).
Key facts
Min. investment
NZ$10,000
Subsequent: NZ$100
Distributions
Quarterly
Buy / sell spread
0 bps (0.00%) / 0 bps (0.00%)
Transaction cost on subscription / redemption
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 |
|---|---|---|---|
| Green Bonds | 70% | 0% | 100% |
| Sustainable Bonds | 15% | 0% | 100% |
| Social Bonds | 10% | 0% | 100% |
| Cash | 5% | 0% | 100% |
| Exposure to foreign bond issuers | 30% | 0% | 50% |
| Exposure to Australian bond issuers | 60% | 0% | 100% |
| Exposure to investment grade debt | 90% | 81% | 100% |
| Exposure to non-rated debt | 0% | 0% | 10% |
| Exposure to non-investment grade debt | 0% | 0% | 10% |
Responsible-investment approach
Artesian integrates ESG factors into all investment decisions, applying both positive and negative screens. Negative screens exclude issuers involved in tobacco, alcohol, pornography, munitions, palm oil, gaming equipment and fossil fuel exploration/production. Positive screens highlight companies with strong responsible investment practices such as net-zero targets and gender equity. Artesian is a PRI signatory and Certified B Corporation.
Exclusions
- Tobacco production
- Alcohol production
- Pornography production
- Munitions production
- Palm oil production
- Gaming equipment production
- Fossil fuel exploration and/or production
Derivatives policy
Artesian uses derivatives to manage currency exposure. Because derivatives cannot be screened, the exclusion criteria set out in the SIPO do not apply to them, meaning investors may be exposed to otherwise excluded activities.
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.
- Devon discloses that its directors and employees may personally invest in the Funds, which Devon acknowledges as a potential conflict of interest managed under its Conflicts of Interest Policy.
- Devon's parent company, ISG, provides investment administration and operational services to the Funds and is paid a portion of the total fund charge, representing a related-party transaction.
- Because ISG is both Devon's parent and a paid service provider to the Funds, investors should be aware that fees flow to a connected entity rather than an independent third party.
- No performance-fee mechanic is disclosed in the provided OMI extract for this scheme.
Generated 2026-05-28 from Artesian Funds Scheme OMI (dated 2026-04-07). The verbatim disclosures appear in full below — this summary is a navigation aid, not a substitute.
Scheme disclosures
From the Other Material Information (OMI) document. Scheme-level — applies to every fund in this scheme.
Trustee / Supervisor
The New Zealand Guardian Trust Company Limited
Auditor
PricewaterhouseCoopers (PwC)
Custodian
The Supervisor (The New Zealand Guardian Trust Company Limited) holds the scheme property by holding the units in the Underlying Funds into which those Funds invest.
Conflicts disclosed
2
In OMI
Conflicts of interest disclosed in OMI
- Devon's directors, employees and other associated persons may choose to invest in the Funds, creating a potential conflict of interest managed under Devon's Conflicts of Interest Policy.
- Devon's parent ISG provides investment administration and investment operation services for the Funds and receives a portion of the total fund charge, representing a related-party arrangement.
Documents
Every dated PDS, quarterly fund update and full-portfolio holdings file. Linked from the FMA Disclose register via Sorted Smart Investor.
- Artesian Funds Scheme Product Disclosure Statement 8 April 2026.pdf How this investment works, including about the provider, risks, costs and potential returns PDF, 207.62 KB
- Artesian Funds Scheme Other Material Information 8 April 2026.pdf This document contains important information that is not otherwise contained on the register. It is designed to be read in conjunction
- Artesian Funds Scheme Statement of Investment Policy and Objectives 2 April 2026.pdf Statement of investment policy and objectives PDF, 153.92 KB
About this category
Funds investing in fixed-income securities issued outside New Zealand, typically with currency hedging back to NZD.
About Artesian
Australian credit specialist with NZD-denominated sustainable bond strategies offered as PIE funds.
See all funds from Artesian →Peer funds
Other International FI funds
FMA risk band
Same risk band (3/7)
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 Artesian Green and Sustainable Bond Fund (NZD)?
Artesian Green and Sustainable Bond Fund (NZD) is managed by Artesian. Australian credit specialist with NZD-denominated sustainable bond strategies offered as PIE funds.
What asset class is the Artesian Green and Sustainable Bond Fund (NZD)?
It is a international fi managed fund. The fund has a conservative risk profile. Funds investing in fixed-income securities issued outside New Zealand, typically with currency hedging back to NZD.
What are the fees for the Artesian Green and Sustainable Bond Fund (NZD)?
The current annual fund charge is published in the fund's latest Quarterly Fund Update on the FMA Disclose register: https://disclose-register.companiesoffice.govt.nz/search?searchType=ALL&q=Artesian%20Green%20and%20Sustainable%20Bond%20Fund%20(NZD). Always check the current Product Disclosure Statement (PDS) for any additional fees.
What is the risk indicator for the Artesian Green and Sustainable Bond Fund (NZD)?
The risk indicator is 3/7 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 Artesian Green and Sustainable Bond Fund (NZD) a PIE fund?
Yes. The Artesian Green and Sustainable Bond Fund (NZD) 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 Artesian Green and Sustainable Bond Fund (NZD)?
Fund size (assets under management) is NZ$0 as at the latest Quarterly Fund Update. Asset mix is approximately 0% growth assets and 1% income assets.
Does the Artesian Green and Sustainable Bond Fund (NZD) apply responsible-investment screens?
Yes. The Artesian Green and Sustainable Bond Fund (NZD) applies responsible-investment or ESG screening criteria — exclusions and engagement policies are documented in the fund's Statement of Investment Policy and Objectives (SIPO). Check the SIPO for the specific screening framework used.
How can I invest in the Artesian Green and Sustainable Bond Fund (NZD)?
The Artesian Green and Sustainable Bond Fund (NZD) is available via Artesian directly. Always read the current Product Disclosure Statement before investing.