Bentham Global Opportunities PIE Fund
Managed by Bentham 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
4/7
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
The Fund provides exposure to an actively managed portfolio of fixed income and credit securities focusing on relative value. The Fund aims to outperform its composite benchmark (50% Bloomberg AusBond Composite Bond Index hedged to the New Zealand dollar, 50% Bloomberg AusBond Bank Bill Index, hedged to the New Zealand dollar) over rolling 3 year periods. The Fund targets a position of being fully hedged back to New Zealand dollars, however the underlying funds into which the Fund invests may take unhedged currency positions.
Key facts
Min. investment
NZ$50,000
Tax structure
PIE
Capped at your PIR (max 28%)
Documents
Every dated PDS, quarterly fund update and full-portfolio holdings file. Linked from the FMA Disclose register via Sorted Smart Investor.
- 20260401 Bentham Investment Funds PDS.pdf How this investment works, including about the provider, risks, costs and potential returns PDF, 413.87 KB
- 20260401 Bentham Investment Funds OMI.pdf Other Material Information PDF, 334.58 KB
- 20260401 Bentham Investment Funds SIPO.pdf Statement of investment policy and objectives PDF, 311.11 KB
About this category
Funds investing in fixed-income securities issued outside New Zealand, typically with currency hedging back to NZD.
About Bentham
Australian global credit specialist offering global income and global opportunities PIE funds to NZ investors.
See all funds from Bentham →Head-to-head
Compare Bentham Global Opportunities PIE Fund with…
Side-by-side numbers — fees, returns, risk, fund size, asset mix.
Peer funds
Other International FI funds
AI & integrations
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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 Bentham Global Opportunities PIE Fund?
Bentham Global Opportunities PIE Fund is managed by Bentham. Australian global credit specialist offering global income and global opportunities PIE funds to NZ investors.
What asset class is the Bentham Global Opportunities PIE Fund?
It is a international fi managed fund. The fund has a balanced 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 Bentham Global Opportunities PIE Fund?
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=Bentham%20Global%20Opportunities%20PIE%20Fund. Always check the current Product Disclosure Statement (PDS) for any additional fees.
What is the risk indicator for the Bentham Global Opportunities PIE 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 Bentham Global Opportunities PIE Fund a PIE fund?
Yes. The Bentham Global Opportunities PIE 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 Bentham Global Opportunities PIE Fund?
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.
How can I invest in the Bentham Global Opportunities PIE Fund?
The Bentham Global Opportunities PIE Fund is available via InvestNow, Bentham directly. Always read the current Product Disclosure Statement before investing.