Annual fee load vs peer-class median
Is the Harbour NZ Index Shares Fund expensive?
Harbour NZ Index Shares Fund charges 0.21% p.a. in annual fund charges, versus a peer-class median of 1.01% across 58 New Zealand australasian equities funds. On fee alone it is cheaper than 96% of peers.
Sorted Smart Investor (mirror of FMA Disclose Quarterly Fund Update)
$10,000 over 5 years — fee-only impact (worked example)
Compounded annual charge on a NZ$10,000 starting balance, assuming zero return and no tax (this isolates the fee cost the investor controls).
Harbour NZ Index Shares Fund
NZ$105
at 0.21% p.a.
Peer-class median
NZ$495
at 1.01% p.a.
Difference vs median: NZ$-390 over 5 years on NZ$10K.
2 cheaper peers in the same category
Australasian Equities funds with a lower annual fund charge than Harbour NZ Index Shares Fund, ordered cheapest first. All figures from FMA Disclose Quarterly Fund Updates.
| Fund | Annual charge | vs Harbour NZ Index Shares Fund |
|---|---|---|
| Simplicity NZ Share Fund Simplicity | 0.10% | −0.11pp |
| Smart S&P/NZX 50 ETF Smartshares | 0.20% | −0.01pp |
What fee level should I expect?
For the australasian equities cohort across NZ retail managed funds, the annual fund charge spans roughly 0.10% at the cheapest to 3.21% at the priciest, with a median of 1.01% across 58 funds. Index/passive structures tend to sit at the lower end; active strategies at the higher end.
Frequently asked
What is the annual fund charge for Harbour NZ Index Shares Fund?
Harbour NZ Index Shares Fund charges 0.21% per annum, per the latest Quarterly Fund Update on the FMA Disclose register.
How does Harbour NZ Index Shares Fund's fee compare with peer australasian equities funds in New Zealand?
The peer-class median annual charge across 58 New Zealand australasian equities funds is 1.01%. Harbour NZ Index Shares Fund sits at 0.21% — cheaper than 96% of peers.
What does the annual charge cost over 5 years on a NZ$10,000 investment?
At 0.21% per year and assuming the fee is the only cost (zero return, no tax), the compounded fee drag on NZ$10,000 over 5 years is approximately NZ$105. That is NZ$390 less than the peer-class median fee-drag of NZ$495.
Where does this fee figure come from?
The annual fund charge is published by the manager in the Quarterly Fund Update (QFU) on the FMA Disclose register and mirrored on Sorted Smart Investor. Each QFU is signed and dated; the figure refreshes each quarter.
Sources
Mechanical comparison of annual fund charge against peer-class median. Not regulated financial advice. For personalised advice consult a licensed financial adviser. See the methodology page for how this comparison is built.