BetaShares Global Quality Leaders Fund
BetaShares Global Quality Leaders Fund is an international equities managed fund from BetaShares with a fund size of NZ$19.0 million and an annual fund charge of 0.49%, as shown on Sorted Smart Investor on 22 May 2026.
Managed by BetaSharesFund data last refreshed · holdings as filed to 31/03/2026
BetaShares Global Quality Leaders Fund is a international equities managed fund operated by BetaShares; PIE-structured; FMA risk indicator 5/7. Headline terms: annual fund charge 0.49% · minimum investment NZ$500,000. Compared with 83 other same-category funds on this site, the 0.49% annual fund charge sits below the same-category median of 0.62%.
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 0.91%
Risk indicator
5/7
1 = lower risk · 7 = higher risk
5-year return p.a.
Less than 5 years of data
peer avg 4.91%
Fund size
NZ$19.0m
98% growth · 2% income
GLOBAL QUALITY aims to provide an investment return that tracks the performance of the iSTOXX MUTB Global ex-Australia Quality Leaders 150 Index, before taking into account fees and expenses.
How BetaShares Global Quality Leaders Fund differs
Factual contrasts drawn from the PDS, SIPO and latest portfolio holdings — no opinion.
- Investment style
- Index-tracking posture against the iSTOXX MUTB Global ex-Australia Quality Leaders 150 Index.
- Top 3 holdings
- Lam Research Corp (2.1%) · Netflix Inc (2.1%) · Applied Materials Inc (2.1%)
Relationship to QLTY (ASX ETF)
This fund is issued by the same manager as the ASX-listed Betashares Global Quality Leaders ETF (QLTY) and tracks the same index by holding the index securities directly — it does not hold the ETF itself, per Betashares NZ scheme PDS (FMA Disclose, 30 Mar 2026).
QLTY vs the NZ PIE: fees + FIF-vs-PIE tax mechanics →Key facts
Fund start date
29 May 2023
Min. investment
NZ$500,000
Buy / sell spread
15 bps (0.15%) / —
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 |
|---|---|---|---|
| International equities | 100% | — | — |
| Cash | — | 0% | 1% |
Responsible-investment approach
Certain funds are integrated financial products that apply ESG screens to exclude companies materially engaged in activities inconsistent with responsible investment considerations, including fossil fuels, gambling, tobacco, armaments, and other activities, and give preference to companies identified as Sustainability Leaders by a Responsible Investment Committee.
Derivatives policy
Derivatives may be used to manage cash flows, to more efficiently obtain the desired investment exposure and for currency hedging purposes; permitted instruments include futures, options or forward foreign exchange contracts, which may be exchange traded or transacted on an OTC basis.
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.
- Betashares discloses that fund assets may be invested in ETFs issued by its Australian parent Betashares AU, meaning fees paid to that related party could increase the overall cost to investors.
- Betashares has outsourced portfolio management and trading to its Australian parent Betashares AU, and corporate services including HR and IT to related party Betashares Holdings Pty Ltd, under formal written agreements.
- Betashares acknowledges both arrangements create conflicts of interest, which it states are managed by acting in investors' best interests, transacting on the same terms as other investors, and daily monitoring.
Generated 2026-05-28 from Betashares Investment Funds Scheme OMI (dated 2026-03-30). 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
Trustees Executors Limited
Auditor
KPMG
Custodian
BNP Paribas Fund Services Australasia Pty Ltd
Conflicts disclosed
2
In OMI
Conflicts of interest disclosed in OMI
- Betashares may invest Fund assets in ETFs offered by its related party Betashares AU, creating a conflict of interest which is managed by only using Betashares AU-issued ETFs where considered in the best interests of investors, investing on the same terms as other investors, and monitoring daily.
- Betashares has outsourced investment management and elements of its operations to related parties Betashares AU and Betashares Holdings Pty Ltd, which is a potential conflict of interest managed through written agreements and a commitment to make all decisions in the best interests of investors.
How this fund compares to peers
Mechanical comparison vs the 84 other international equities funds in our cohort. Source: FMA Disclose register via Sorted Smart Investor. Past performance is not a reliable indicator of future returns.
BetaShares Global Quality Leaders Fund: 0.49% per annum. International Equities median across 84 funds:0.62%. This fund is 0.13 percentage points below the category median.
Annual fund charge
0.49%
Category median: 0.62%
Cheaper than 66% of peers
Fund size
NZ$19.0m
Category median: NZ$104.3m
16th percentile by AUM
Illustrative 5y fee impact on a sample balance of $10,000
$243
Compounded charge over 5 years (excl. returns)
$64 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 30 holdings with the FMA as at 31/03/2026. The largest 25 are shown.
Top 10 concentration: 1.0% 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 2.1% of net assets. Percentages are of this fund's net assets and are safe to sum within this fund only.
| Holding | % of fund | |
|---|---|---|
| Games Workshop Group PLC | 0.12% | |
| Intertek Group PLC | 0.12% | |
| Elisa Oyj | 0.12% | |
| Capcom Co | 0.11% | |
| IG Group Holdings PLC | 0.10% | |
| Recordati Industria Chimica e | 0.10% | |
| Swissquote Group Holding SA | 0.09% | |
| Scout24 SE | 0.09% | |
| EMS-Chemie Holding AG | 0.08% | |
| Auto Trader Group PLC | 0.08% | |
| Nissan Chemical Corp | 0.08% | |
| USS Co | 0.08% | |
| TIS Inc | 0.08% | |
| Nemetschek SE | 0.07% | |
| M3 Inc | 0.07% | |
| CD Projekt SA | 0.07% | |
| McDonald's Holdings Co Japan L | 0.07% | |
| Trend Micro Inc | 0.07% | |
| BayCurrent Consulting Inc | 0.07% | |
| Rational AG | 0.06% | |
| Kobe Bussan Co | 0.05% | |
| ZOZO Inc | 0.05% | |
| Zealand Pharma A/S | 0.05% | |
| Maruwa Co/Aichi | 0.05% | |
| Zenkoku Hosho Co | 0.04% |
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 |
|---|---|
LRLam Research Corp | 2.10% |
 Netflix Inc | 2.10% |
AMApplied Materials Inc | 2.09% |
 Johnson & Johnson | 2.08% |
 Cisco Systems Inc | 2.06% |
 Costco Wholesale Corp | 2.05% |
 Visa Inc | 2.03% |
 Uber Technologies Inc | 2.03% |
 UnitedHealth Group | 2.01% |
 Honeywell International Inc | 2.00% |
Documents
Every dated PDS, quarterly fund update and full-portfolio holdings file. Linked from the FMA Disclose register via Sorted Smart Investor.
- Betashares Global Quality Leaders Fund (FND44176) Full portfolio holdings 31 March 2026.xlsx Download the full portfolio holdings. XLSX, 4.19 KB
- 20260331 BCNZL PDS.pdf How this investment works, including about the provider, risks, costs and potential returns PDF, 846.45 KB
- Betashares Global Quality Leaders Fund Quarterly Report.pdf The quarterly update published by the provider PDF, 167.33 KB
- 20260331 BCNZL OMI.pdf Other Material Information PDF, 875.26 KB
- 20260331 BCNZL SIPO.pdf Statement of investment policy and objectives PDF, 679.82 KB
About this category
Funds investing in shares listed outside Australasia. Includes broad global trackers, regional funds, ESG-focused strategies, and theme funds covering automation, healthcare, water and other sectors.
About BetaShares
Australian ETF and indexed-fund specialist with sustainability-leader and quality-factor PIE funds for NZ investors.
BetaShares has 7 retail funds in our coverage across Australasian Equities, International FI and International Equities strategies, with annual fund charges from 0.23% to 0.79% a year.
Based in Sydney.
Head-to-head
Compare BetaShares Global Quality Leaders Fund with…
Side-by-side numbers — fees, returns, risk, fund size, asset mix.
Peer funds
Other International Equities funds
Same manager
Other funds by BetaShares
- BetaShares Global Sustainability Leaders FundInternational Equities
- BetaShares Australia 200 FundAustralasian Equities
- BetaShares Global Sustainability Leaders Fund (NZD Hedged)International Equities
FMA risk band
Same risk band (5/7)
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 BetaShares Global Quality Leaders Fund?
BetaShares Global Quality Leaders Fund is managed by BetaShares. Australian ETF and indexed-fund specialist with sustainability-leader and quality-factor PIE funds for NZ investors.
What asset class is the BetaShares Global Quality Leaders Fund?
It is a international equities managed fund. The fund has a growth risk profile. Funds investing in shares listed outside Australasia. Includes broad global trackers, regional funds, ESG-focused strategies, and theme funds covering automation, healthcare, water and other sectors.
What are the fees for the BetaShares Global Quality Leaders Fund?
The annual fund charge for the BetaShares Global Quality Leaders 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 BetaShares Global Quality Leaders Fund?
The risk indicator is 5/7 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 BetaShares Global Quality Leaders Fund a PIE fund?
Yes. The BetaShares Global Quality Leaders 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 BetaShares Global Quality Leaders Fund?
Fund size (assets under management) is NZ$19 million as at the latest Quarterly Fund Update. Asset mix is approximately 98% growth assets and 2% income assets.
What does the BetaShares Global Quality Leaders Fund invest in?
The latest published top holdings are: Lam Research Corp (2.10%), Netflix Inc (2.10%), Applied Materials Inc (2.09%). 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 BetaShares Global Quality Leaders Fund?
The BetaShares Global Quality Leaders Fund is available via BetaShares directly. Always read the current Product Disclosure Statement before investing.