Dimensional Australian Sustainability PIE Fund
Managed by Dimensional 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
0.35%
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$117.7m
98% growth · 2% income
The fund is expected to be fully invested. A portion of the portfolio may be allocated to cash and cash equivalents for liquidity purposes. The fund is not managed with the objective of achieving a particular return relative to a benchmark index. However, to compare the performance of the fund with a broad measure of market performance, reference may be made to the S&P/ASX 300 Index (Total Return).
Key facts
Fund start date
3 October 2023
Min. investment
NZ$25,000
Tax structure
PIE
Capped at your PIR (max 28%)
How this fund compares to peers
Mechanical comparison vs the 58 other australasian 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
0.35%
Category median: 1.01%
Cheaper than 82% of peers
Fund size
NZ$117.7m
Category median: NZ$74.1m
61th percentile by AUM
Illustrative 5y fee impact on a sample balance of $10,000
$174
Compounded charge over 5 years (excl. returns)
$321 less 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 |
|---|---|
 Commonwealth Bank Of Australia | 5.70% |
 Westpac Banking Corporation | 4.90% |
 National Australia Bank Limited | 4.89% |
| QI Qbe Insurance Group Ltd | 2.89% |
| FO Fortescue Ltd Ordinary Fully Paid | 2.54% |
 Goodman Group | 2.38% |
| TE Telstra Corporation Limited | 2.31% |
| BR Brambles Limited | 2.10% |
 Anz Group Holdings Limited Ordinary Fully Paid | 2.09% |
| WE Wesfarmers Limited | 1.97% |
Documents
Every dated PDS, quarterly fund update and full-portfolio holdings file. Linked from the FMA Disclose register via Sorted Smart Investor.
- DIMENSIONAL AUSTRALIAN SUSTAINABILITY PIE FUND (FND45651) Full portfolio holdings 31 March 2026.xlsx Download the full portfolio holdings. XLSX, 12.74 KB
- 202510 Dimensional Equity Funds PDS.pdf How this investment works, including about the provider, risks, costs and potential returns PDF, 389.82 KB
- 20260331 Dimensional Australian Sustainability PIE QFU.pdf The quarterly update published by the provider PDF, 497.25 KB
- 202510 Dimensional Fixed Interest Funds PDS.pdf Additional product disclosure statement from the provider PDF, 393.44 KB
- 202510 Dimensional OMI.pdf Other material information PDF, 337.06 KB
- 202510 Dimensional SIPO.pdf Statement of investment policy and objectives PDF, 451.31 KB
About this category
Funds investing primarily in shares listed on the NZX (New Zealand) or ASX (Australia), or both as Trans-Tasman portfolios. Includes active stock-pickers and passive index trackers.
About Dimensional
Global systematic investment manager (US-headquartered) with a sustainability-screened fund range distributed in NZ as PIEs by FundRock NZ.
Parent: FundRock NZ (issuer)
See all funds from Dimensional →Head-to-head
Compare Dimensional Australian Sustainability PIE Fund with…
Side-by-side numbers — fees, returns, risk, fund size, asset mix.
Peer funds
Other Australasian 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 Dimensional Australian Sustainability PIE Fund?
Dimensional Australian Sustainability PIE Fund is managed by Dimensional (parent: FundRock NZ (issuer)). Global systematic investment manager (US-headquartered) with a sustainability-screened fund range distributed in NZ as PIEs by FundRock NZ.
What asset class is the Dimensional Australian Sustainability PIE Fund?
It is a australasian equities managed fund. Funds investing primarily in shares listed on the NZX (New Zealand) or ASX (Australia), or both as Trans-Tasman portfolios. Includes active stock-pickers and passive index trackers.
What are the fees for the Dimensional Australian Sustainability PIE Fund?
The annual fund charge for the Dimensional Australian Sustainability PIE Fund is 0.35% 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 Dimensional Australian Sustainability PIE 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 Dimensional Australian Sustainability PIE Fund a PIE fund?
Yes. The Dimensional Australian Sustainability 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 Dimensional Australian Sustainability PIE Fund?
Fund size (assets under management) is NZ$118 million as at the latest Quarterly Fund Update. Asset mix is approximately 98% growth assets and 2% income assets.
What does the Dimensional Australian Sustainability PIE Fund invest in?
The latest published top holdings are: Commonwealth Bank Of Australia (5.70%), Westpac Banking Corporation (4.90%), National Australia Bank Limited (4.89%). Holdings are disclosed in each Quarterly Fund Update; the full portfolio holdings file is also available via the FMA Disclose register.
Does the Dimensional Australian Sustainability PIE Fund apply responsible-investment screens?
Yes. The Dimensional Australian Sustainability PIE 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 Dimensional Australian Sustainability PIE Fund?
The Dimensional Australian Sustainability PIE Fund is available via InvestNow. Always read the current Product Disclosure Statement before investing.
What are the risks of investing in dimensional funds?
This fund carries a risk indicator of 5/7 on the FMA standardised scale, reflecting its ~98.31% allocation to growth assets, which experience greater price volatility than income assets. Specific risks for Australian equity funds include market, currency, and liquidity risk; see the current Product Disclosure Statement on the manager's website or the FMA Disclose register for full details.
What is a typical management fee for a fund?
Annual fund charges vary by fund type and strategy. This fund charges 0.35% p.a., which is below the peer-cohort average of 0.95% p.a. for comparable funds. Check the FMA Disclose register to compare fees across other funds in the Australasian Equities category.
Do dimensional funds outperform?
Performance data is not included in this summary. You can access historical performance figures and benchmarks for this fund via the FMA Disclose register or the manager's website to assess returns relative to relevant indices or peer funds.