Dimensional Global Sustainability PIE Fund (NZD Hedged)

Dimensional Global Sustainability PIE Fund (NZD Hedged) 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.

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.

The annual fund charge for the Dimensional Global Sustainability PIE Fund (NZD Hedged) is 0.40% 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.

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.

Yes. The Dimensional Global Sustainability PIE Fund (NZD Hedged) 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.

Fund size (assets under management) is NZ$686 million as at the latest Quarterly Fund Update. Asset mix is approximately 98% growth assets and 2% income assets.

The latest published top holdings are: Apple Inc (5.00%), Nvidia Corp (4.96%), Meta Platforms Inc (2.05%). Holdings are disclosed in each Quarterly Fund Update; the full portfolio holdings file is also available via the FMA Disclose register.

Yes. The Dimensional Global Sustainability PIE Fund (NZD Hedged) hedges its foreign-currency exposure back to NZD. This reduces the impact of NZD/foreign-currency movements on returns but adds a hedging cost.

Yes. The Dimensional Global Sustainability PIE Fund (NZD Hedged) 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.

The Dimensional Global Sustainability PIE Fund (NZD Hedged) is available via InvestNow. Always read the current Product Disclosure Statement before investing.

PIE funds (Portfolio Investment Entities) apply a tax structure where investor tax is capped at your prescribed investor rate (PIR), with a maximum of 28%. This Dimensional fund is structured as a PIE, meaning tax is calculated on your PIR rather than your personal income tax rate. For detailed PIE tax treatment, see the IRD's guidance on investment entities.

This Dimensional fund is NZD-hedged, meaning the fund manager uses currency hedging to reduce the impact of exchange-rate fluctuations between the New Zealand dollar and the underlying foreign currency exposure of its global equity holdings. Hedging aims to protect the fund value from NZD strength or weakness, though it does not eliminate all currency risk.

This fund holds approximately 98.31% in growth assets with a risk indicator of 5 out of 7 on the FMA standardised scale, reflecting moderate-to-high volatility typical of global equity funds. Key risks include equity-market volatility, currency movements (despite hedging), and concentration risk from its global equity holdings; see the fund's Product Disclosure Statement on FMA Disclose for full risk disclosures.

Whether a global equity fund suits your circumstances depends on your financial goals, risk tolerance, and investment horizon—this is a personal decision. This fund provides exposure to global equities with ESG screening applied, a 0.4% p.a. annual fund charge, and PIE tax treatment; compare its features and fee against your own objectives using the FMA Disclose register.