# First Sentier Global Listed Infrastructure Fund

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

- **Manager:** First Sentier (First Sentier Investors (Australia) IM Limited)
- **Asset class:** Other
- **Risk profile:** balanced
- **Structure:** NZ Portfolio Investment Entity (PIE) — investor tax capped at PIR (max 28%)
- **Thematic fund:** yes
- **Confidence tier:** C (Sorted Smart Investor → FMA Disclose)
- **Last verified:** 2026-05-22

## Summary

The First Sentier Global Listed Infrastructure Fund is a other managed fund run by First Sentier. Global investment specialist with a Global Listed Infrastructure PIE fund offered to NZ investors.

## Fund data

- **Annual fund charge:** 1.03% p.a. (from the latest Quarterly Fund Update)
- **5-year return (after charges, after tax at 28% PIR):** 3.26% p.a.
- **Risk indicator:** 5/7 on the FMA-mandated standardised scale (1 = lower risk, 7 = higher risk)
- **Fund size (AUM):** NZ$129 million
- **Asset mix:** 98% growth assets · 2% income assets
- **Fund started:** 17 December 2013
- **Minimum initial investment:** NZ$50,000

## Top 10 holdings

1. Duke Energy Corp Com — 5.28%
2. Cash at Bank (BNZ) — 5.28%
3. American Electric Power Company Inc — 4.66%
4. Union Pacific Corp — 4.47%
5. Oneok Inc — 4.09%
6. Nextera Energy Inc — 3.94%
7. Transurban Group Ordinary Shares Units Stapled Securities — 3.89%
8. Csx Corp Com — 3.88%
9. Xcel Energy Inc — 3.56%
10. Sempra Ord — 3.55%

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, First Sentier 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=First%20Sentier%20Global%20Listed%20Infrastructure%20Fund
- **Product Disclosure Statement:** /disclose-document/22bbd484411b868f/First-Sentier-Investors--NZ--Scheme-1-APR-2026---PDS.pdf
- **Sorted Smart Investor** (cross-validation): https://smartinvestor.sorted.org.nz/kiwisaver-and-managed-funds/SCH13089/OFR13090/FND22706/
- **Manager website:** https://www.firstsentierinvestors.com

## 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/first-sentier/global-listed-infrastructure/
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- **Structured data (JSON):** https://managedfunds.nz/funds/first-sentier/global-listed-infrastructure/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.