Evidential Sustainable Targeted Factor Fund
Managed by Evidential 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
0.62%
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$773.0m
98% growth · 2% income
The fund invests in a diversified portfolio of small and medium capitalisation companies associated with global developed markets (excluding Australia and New Zealand), with an emphasis on companies that are expected to have higher returns. The fund also takes into account certain environmental and social considerations. The fund’s currency position is unhedged.
Key facts
Fund start date
4 April 2024
Min. investment
NZ$25,000
Tax structure
PIE
Capped at your PIR (max 28%)
How this fund compares to peers
Mechanical comparison vs the 82 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.
Annual fund charge
0.62%
Category median: 0.60%
Mid-pack — cheaper than 48% of peers
Fund size
NZ$773.0m
Category median: NZ$94.4m
Top 9% by AUM
Illustrative 5y fee impact on a sample balance of $10,000
$306
Compounded charge over 5 years (excl. returns)
$10 more than peer median
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.
Top 10 holdings
As at the latest published quarterly fund update (via Sorted Smart Investor).
| Holding | % of fund |
|---|---|
| PA PayPal Holdings Inc | 0.68% |
| KE Kenvue Inc | 0.49% |
| TE TechnipFMC PLC | 0.47% |
| AC Arch Capital Group Ltd | 0.46% |
| HI Hartford Insurance Group Inc | 0.46% |
| PF Prudential Financial Inc | 0.44% |
| HC Halliburton Co | 0.42% |
| EA Electronic Arts Inc | 0.42% |
| KC Kroger Co/The | 0.41% |
| HP Hewlett Packard Enterprise Co | 0.40% |
Documents
Every dated PDS, quarterly fund update and full-portfolio holdings file. Linked from the FMA Disclose register via Sorted Smart Investor.
- Evidential Sustainable Targeted Factor Fund (FND44202) Full portfolio holdings 31 March 2026.xlsx Download the full portfolio holdings. XLSX, 83.74 KB
- Evidential Investment Funds PDS November 2025.pdf How this investment works, including about the provider, risks, costs and potential returns PDF, 397.32 KB
- ESTFF Quarterly Fund Update 2026.03.31 Final.pdf The quarterly update published by the provider PDF, 183.13 KB
- Evidential Investment Funds OMI November 2025.pdf Other Material Information document contains further details that may be of interest to investors PDF, 285.11 KB
- Evidential Investment Funds SIPO November 2025.pdf Statement of investment policy and objectives PDF, 300.54 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 Evidential
Christchurch-based Consilium product brand offering sustainability-screened, factor-tilted index funds.
Parent: Consilium
See all funds from Evidential →Head-to-head
Compare Evidential Sustainable Targeted Factor Fund with…
Side-by-side numbers — fees, returns, risk, fund size, asset mix.
Peer funds
Other International Equities 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 Evidential Sustainable Targeted Factor Fund?
Evidential Sustainable Targeted Factor Fund is managed by Evidential (parent: Consilium). Christchurch-based Consilium product brand offering sustainability-screened, factor-tilted index funds.
What asset class is the Evidential Sustainable Targeted Factor Fund?
It is a international equities managed fund. 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 Evidential Sustainable Targeted Factor Fund?
The annual fund charge for the Evidential Sustainable Targeted Factor Fund is 0.62% 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 Evidential Sustainable Targeted Factor 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 Evidential Sustainable Targeted Factor Fund a PIE fund?
Yes. The Evidential Sustainable Targeted Factor 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 Evidential Sustainable Targeted Factor Fund?
Fund size (assets under management) is NZ$773 million as at the latest Quarterly Fund Update. Asset mix is approximately 98% growth assets and 2% income assets.
What does the Evidential Sustainable Targeted Factor Fund invest in?
The latest published top holdings are: PayPal Holdings Inc (0.68%), Kenvue Inc (0.49%), TechnipFMC PLC (0.47%). Holdings are disclosed in each Quarterly Fund Update; the full portfolio holdings file is also available via the FMA Disclose register.
Does the Evidential Sustainable Targeted Factor Fund apply responsible-investment screens?
Yes. The Evidential Sustainable Targeted Factor Fund 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 Evidential Sustainable Targeted Factor Fund?
The Evidential Sustainable Targeted Factor Fund is available via Evidential directly. Always read the current Product Disclosure Statement before investing.
Are sustainable funds a good investment?
Sustainable funds apply environmental, social and governance (ESG) screens to reduce exposure to certain sectors or practices, which may align investments with specific values; however, sustainability criteria do not eliminate investment risk or guarantee returns. The Evidential Sustainable Targeted Factor Fund applies responsible-investment screens as detailed in its Statement of Investment Policy and Objectives (SIPO), and carries a risk indicator of 5/7 on the FMA standardised scale. Investors should review the fund's PDS and FMA Disclose register entry to understand how ESG integration affects portfolio composition and risk.
What fund should my KiwiSaver be in?
Fund choice depends on your personal circumstances, investment horizon, and risk tolerance, which are outside the scope of this comparison tool. If you hold a KiwiSaver scheme account, your fund provider's literature and FMA Disclose register should outline the risk, fees, and investment approach of each option available to you. The Evidential Sustainable Targeted Factor Fund is not a KiwiSaver product and is available through Evidential directly.