# Clarity Fixed Income Fund

> Mechanical fund record. Sourced from the FMA Disclose register. ManagedFundsNZ does not give financial advice and does not publish opinion-based ratings.

- **Manager:** Clarity (Clarity Capital Group Limited)
- **Asset class:** International Fixed Interest
- **Risk profile:** conservative
- **Structure:** NZ Portfolio Investment Entity (PIE) — investor tax capped at PIR (max 28%)
- **Confidence tier:** C (Sorted Smart Investor → FMA Disclose)
- **Last verified:** 2026-05-22

## Summary

The Clarity Fixed Income Fund is a international fi managed fund run by Clarity. NZ-owned manager of the Clarity Funds Scheme — diversified, fixed-income, dividend-yield and Capital Group-partnered global strategies. Co-tenants the scheme with TAHITO.

## Fund data

- **Annual fund charge:** 0.70% p.a. (from the latest Quarterly Fund Update)
- **5-year return (after charges, after tax at 28% PIR):** 1.84% p.a.
- **Risk indicator:** 3/7 on the FMA-mandated standardised scale (1 = lower risk, 7 = higher risk)
- **Fund size (AUM):** NZ$212 million
- **Asset mix:** 0% growth assets · 100% income assets
- **Fund started:** 23 May 2014
- **Minimum initial investment:** NZ$10,000

## Top 10 holdings

1. NZGB 4.50% 15/05/2030 — 6.34%
2. NZD Cash at Bank — 5.63%
3. NZMS First Mortgage Securities Limited — 4.61%
4. HOUSNZ 4.422% 15/10/2027 — 4.34%
5. WSTPNZ 3.868 19/11/30 — 3.89%
6. ASBBNK 4.1% 02/09/30 — 3.65%
7. PCTNZ 5.42% 24/10/2029 — 3.64%
8. WATERC 3.847% 30/09/2030 — 3.20%
9. BZLNZ 4.354% 28/01/2031 — 3.20%
10. CHFANZ 3.893% 26/09/2030 — 3.19%

Holdings are disclosed in every Quarterly Fund Update; the full portfolio holdings file is available via the FMA Disclose register.

## How to invest

Available via: InvestNow, Clarity directly. Read the current Product Disclosure Statement (PDS) before investing.

## Sources

- **FMA Disclose register** (primary): https://disclose-register.companiesoffice.govt.nz/search?searchType=ALL&q=Clarity%20Fixed%20Income%20Fund
- **Product Disclosure Statement:** /disclose-document/2a29fa7947b4dc0e/Clarity-PDS-Document-2-April-26---FINAL.pdf
- **Sorted Smart Investor** (cross-validation): https://smartinvestor.sorted.org.nz/kiwisaver-and-managed-funds/SCH10600/OFR10601/FND915/
- **Manager website:** https://www.clarity.co.nz

## Citations (authoritative primary sources)

- FMA Disclose register — https://disclose-register.companiesoffice.govt.nz/ (publisher: Financial Markets Authority, NZ)
- Inland Revenue — PIE / PIR rules — https://www.ird.govt.nz/roles/portfolio-investment-entities
- Financial Markets Conduct Act 2013 — https://www.legislation.govt.nz/act/public/2013/0069/latest/DLM4090578.html
- Sorted Smart Investor (cross-validation only) — https://smartinvestor.sorted.org.nz/

## This file

- **Canonical HTML:** https://managedfunds.nz/funds/clarity/fixed-income/
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- **Structured data (JSON):** https://managedfunds.nz/funds/clarity/fixed-income/data.json
- **First published:** 2026-05-08
- **Last refreshed:** 2026-05-22
- **Reuse licence:** citation with link back to the canonical HTML is granted. No paid redistribution. Full terms: https://managedfunds.nz/llms-policy.txt

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ManagedFundsNZ is independent. We are not a Financial Advice Provider. This page is general information sourced from the FMA Disclose register; it is not personalised financial advice. Read the current PDS and consider talking to a licensed adviser before investing.