Fisher Funds Balanced Strategy 45/55 Fund
Managed by Fisher Funds Fisher Funds Balanced Strategy 45/55 Fund is a diversified managed fund operated by Fisher Funds; PIE-structured.
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.
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View this fund on FMA DiscloseAbout this category
Multi-asset funds that hold a mix of shares, bonds, cash and sometimes property in a single portfolio. The mix determines the risk profile — aggressive funds hold more shares, conservative funds hold more bonds and cash.
About Fisher Funds
One of NZ’s largest active managers; growth-focused process across NZ, Aus, global and fixed income.
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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 Fisher Funds Balanced Strategy 45/55 Fund?
Fisher Funds Balanced Strategy 45/55 Fund is managed by Fisher Funds. One of NZ’s largest active managers; growth-focused process across NZ, Aus, global and fixed income.
What asset class is the Fisher Funds Balanced Strategy 45/55 Fund?
It is a diversified managed fund. The fund has a balanced risk profile. Multi-asset funds that hold a mix of shares, bonds, cash and sometimes property in a single portfolio. The mix determines the risk profile — aggressive funds hold more shares, conservative funds hold more bonds and cash.
What are the fees for the Fisher Funds Balanced Strategy 45/55 Fund?
The current annual fund charge is published in the fund's latest Quarterly Fund Update on the FMA Disclose register: https://disclose-register.companiesoffice.govt.nz/search?searchType=ALL&q=Fisher%20Funds%20Balanced%20Strategy%2045%2F55%20Fund. Always check the current Product Disclosure Statement (PDS) for any additional fees.
Is the Fisher Funds Balanced Strategy 45/55 Fund a PIE fund?
Yes. The Fisher Funds Balanced Strategy 45/55 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 can I invest in the Fisher Funds Balanced Strategy 45/55 Fund?
The Fisher Funds Balanced Strategy 45/55 Fund is available via Fisher Funds directly. Always read the current Product Disclosure Statement before investing.