# Clarity Trans-Tasman Value 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:** Australasian Equities
- **Risk profile:** growth
- **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 Trans-Tasman Value Fund is a australasian equities 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:** 1.06% p.a. (from the latest Quarterly Fund Update)
- **5-year return (after charges, after tax at 28% PIR):** 5.78% p.a.
- **Risk indicator:** 4/7 on the FMA-mandated standardised scale (1 = lower risk, 7 = higher risk)
- **Fund size (AUM):** NZ$133 million
- **Asset mix:** 98% growth assets · 2% income assets
- **Fund started:** 2 November 2007
- **Minimum initial investment:** NZ$10,000

## Top 10 holdings

1. BHP Group Ltd — 6.89%
2. ANZ Group Holdings Ltd — 6.32%
3. National Australia Bank Ltd — 4.11%
4. Meridian Energy Limited — 3.74%
5. Infratil Ltd — 3.32%
6. Mercury NZ Limited — 3.18%
7. Ebos Group Ltd — 3.05%
8. A2 Milk Company Ltd — 2.96%
9. Genesis Energy Ltd — 2.46%
10. Tower Ltd — 2.44%

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%20Trans-Tasman%20Value%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/FND901/
- **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/

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- **First published:** 2026-05-08
- **Last refreshed:** 2026-05-22
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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.