{ "schemaVersion": "1.1", "canonicalUrl": "https://managedfunds.nz/funds/hunter/global-fixed-interest/", "fetchedAt": "2026-06-20T08:25:17.226Z", "fund": { "slug": "global-fixed-interest", "name": "Hunter Global Fixed Interest Fund", "managerSlug": "hunter", "category": "international-fixed-interest", "riskProfile": null, "isPie": true, "isEtf": null, "ticker": null, "isHedged": null, "isResponsibleInvestment": null, "isThematic": null, "isFifNotPie": null, "shortDescription": null, "availableVia": [ "direct" ], "dataStatus": "pending-ingestion" }, "manager": { "slug": "hunter", "name": "Hunter", "legalName": "Hunter Investment Funds Limited", "parent": null, "website": null, "hq": null }, "category": { "slug": "international-fixed-interest", "name": "International Fixed Interest", "shortName": "International FI" }, "metrics": { "status": "ok", "matchScore": 3, "sortedFundName": "HUNTER GLOBAL FIXED INTEREST FUND", "sortedManager": "HARBOUR ASSET MANAGEMENT LIMITED harbourasset.co.nz", "sortedUrl": "https://smartinvestor.sorted.org.nz/kiwisaver-and-managed-funds/SCH11176/OFR11173/FND2387/", "fetchedAt": "2026-05-22T02:57:56.198Z", "source_doc": "sorted/SCH11176/OFR11173/FND2387", "source_doc_date": "2026-05-22", "source_doc_url": "https://smartinvestor.sorted.org.nz/kiwisaver-and-managed-funds/SCH11176/OFR11173/FND2387/", "source_tier": "C", "riskIndicator": 4, "annualFundChargePct": 0.53, "peerAvgFeePct": 0.65, "fiveYearReturnPct": 0.05, "peerAvg5YearReturnPct": 1.17, "growthAssetsPct": 0.07, "incomeAssetsPct": 99.93, "fundSizeNzd": 2950495971, "pdsUrl": "/disclose-document/ca6dbc89b8dbc3b3/Hunter-Private-Credit-Fund-PDS.pdf", "strategySummary": "“\n The Fund invests in a diversified portfolio of actively managed fixed interest securities, cash and derivatives. 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The Hunter Global Fixed Interest Fund has specific prohibited investments listed in section 4, including tobacco companies, armament manufacturers, cluster munitions, pornography/gambling (>10% earnings), fossil fuel companies (>10% earnings or core business), and companies with 'very severe' ESG controversies scoring 0 on MSCI's ESG Controversy criteria.", "derivatives_policy": "The Hunter Private Credit Fund's use of derivatives is governed by the Harbour Derivative Risk Statement (DRS), permitting foreign exchange futures, interest rate swaps and options for hedging interest rate risk and currency exposure only. The Hunter Global Fixed Interest Fund is governed by the PIMCO Use of Derivatives Statement, permitting options, futures, swaps and credit derivatives for risk protection, return enhancement, cost-effective asset exposure, implementing investment objectives, and currency management.", "rebalancing_policy": "As single-sector funds, there is no need for a rebalancing policy.", "currency_hedging_policy": "Both Funds target being fully hedged to New Zealand dollars. The Hunter Global Fixed Interest Fund's hedging is performed by PIMCO, who may also take active currency positions between currencies. The Hunter Private Credit Fund hedges offshore currency exposure within a 95% to 105% tolerance range.", "liquidity_policy": "Liquidity risk is assessed with reference to the liquidity of underlying assets and securities, and an appropriate application and redemption frequency is established for each Fund. The Hunter Global Fixed Interest Fund invests predominantly in liquid securities and has daily applications and redemptions, though the Manager may defer or suspend redemptions if liquidity problems arise. The Hunter Private Credit Fund invests in assets with limited liquidity and may only be transacted monthly or such time as specified in the PDS; during periods of heightened market stress redemptions may be suspended." }, "scheme": { "scheme_name": "Hunter Investment Funds", "manager_name": "Harbour Asset Management Limited", "sipo_version_date": "2025-08-28", "sipo_review_cadence": "annually" }, "fund": { "fund_name": "Hunter Global Fixed Interest Fund", "objective_verbatim": "The investment objective of the Fund is to provide a total return, before costs and tax, 1% per annum higher than the Bloomberg Barclays Global Aggregate Index – 100% New Zealand dollar hedged over a rolling 3 year period. 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These risks include that the Fund could terminate; the fees and expenses of the Fund could change; Harbour may be replaced as Manager; any underlying investment manager's team may change; or that investing in any underlying fund may lead to a different result than investing in the market directly." }, { "risk_name": "Key person risk", "description": "This is the risk that key individuals are no longer able to fulfil their obligations in respect of the investment or administration of a Fund. Harbour aims to ensure that all staff are highly qualified and capable of mitigating individual key personnel risk." }, { "risk_name": "Regulatory risk", "description": "This is the risk that domestic or international laws or regulations are changed adversely or that regulatory supervision of transactions and reporting is performed by managers and their custodians at less than an appropriate standard." }, { "risk_name": "Derivative risk", "description": "Risks associated with investing in derivatives may include the value of the derivative failing to move in line with an underlying investment; potential illiquidity of the derivative; a Fund not being able to meet payment obligations as they arise; and counterparty risk (that is, where the counterparty to the derivative contract cannot meet its obligations under the contract)." }, { "risk_name": "Administration risk", "description": "This is the risk that instructions in relation to your investments in the Fund have not been accurately relayed or processed or that fraudulent instructions are acted upon. Harbour, the investment manager, and the administration manager will follow reasonable electronic instructions in good faith." }, { "risk_name": "Investment risk", "description": "The underlying investments of the Fund may fall in value. Within the Hunter Global Fixed Interest Fund, PIMCO (as investment manager) aims to reduce investment risk by limiting exposure to any one investment and with careful analysis of, and research into, the management of the underlying investment prior to investing." }, { "risk_name": "Country market risk", "description": "Within the Fund's economic, technological, political or legal conditions and market sentiment can lead to volatility in the value of investments and the overall level of liquidity in the market." }, { "risk_name": "Tax risk", "description": "The risk that the Fund loses its PIE status. This could affect the returns to all Investors as Fund income would be taxed at the corporate tax rate of 28% at the Fund level, rather than at Investors' PIRs. There may also be further withholding tax on distributions made by the Fund." }, { "risk_name": "Prohibited Investment Risk", "description": "Prohibited investments consistent with the SIPO may cause performance deviations from the Fund's benchmark. There is a risk that screening information, including information obtained by external providers, may not always be complete. Prohibited investment criteria do not apply to derivative positions that may include exposures as part of a basket, for example basket credit default swaps for spread trade or hedging." } ], "tax_disclosures": [ "The Fund has elected to be a Portfolio Investment Entity (PIE fund).", "Gains derived from fixed interest investments will generally be taxed on an accruals basis.", "Under the PIE tax regime, the Fund will allocate its taxable income to Investors and, where applicable, pay tax on allocated income on behalf of Investors for an Investor with a prescribed investor rate (PIR) of greater than zero.", "Investors will not pay tax on distributions (if any) paid to Investors from the Fund.", "If an Investor does not provide their PIR to Harbour they will automatically be taxed at the default rate of 28%.", "If an Investor is not a New Zealand resident, the Investor's allocated income from the Fund will be taxed at 28%.", "Taxable income is attributed annually to 31 March, or at any time an Investor withdraws all or part of their investment from the Fund.", "If there is a tax loss or there are excess tax credits allocated to an Investor for a period, these will generally be available to Investors with a PIR other than 0% in the form of a rebate.", "The Commissioner of Inland Revenue can require Harbour to disregard a PIR notified by an Investor if the Commissioner considers the rate to be incorrect." ], "trustee_supervisor": "The New Zealand Guardian Trust Company Limited", "auditor": "PricewaterhouseCoopers", "custodian": "Apex Investment Administration (NZ) Limited and their global sub custodian, JP Morgan", "source_paragraphs": [ "We are a part of the FirstCape group. Actual or perceived conflicts of interest for directors and employees of FirstCape Group companies can arise from any competing interests. Directors are required to disclose conflicts of interest and there are processes for recording and managing these conflicts.", "As at the date of this Document the current buy spread is 0% and the sell spread is 0.10%. The buy/sell spread is paid to the Fund to ensure equity between Unit holders.", "The Fund will terminate on the first of the following: The date of termination (if any) notified in writing by us and the Supervisor to each Investor of the Fund Which will be at least three months after the date of the notice; 80 years less two days from the date of the Trust Deed; or The date on which Investors determine to terminate the Fund by Special Resolution." ], "_match": { "schemeId": "SCH11176", "ourFundName": "HUNTER GLOBAL FIXED INTEREST FUND", "scope": "scheme-level" } }, "sources": { "fmaDisclose": "https://disclose-register.companiesoffice.govt.nz/search?searchType=ALL&q=Hunter%20Global%20Fixed%20Interest%20Fund", "sortedSmartInvestor": "https://smartinvestor.sorted.org.nz/kiwisaver-and-managed-funds/SCH11176/OFR11173/FND2387/", "productDisclosureStatement": "/disclose-document/ca6dbc89b8dbc3b3/Hunter-Private-Credit-Fund-PDS.pdf", "pdsExtractSource": "https://smartinvestor.sorted.org.nz/disclose-document/d05c5c4d00cc9249/Hunter-Global-Fixed-Interest-Fund-PDS.pdf", "sipoExtractSource": "https://smartinvestor.sorted.org.nz/disclose-document/mdo64ee542ef69b1d9a4bfa9e9e03bc5578/Hunter-Investment-Funds-SIPO.pdf", "omiExtractSource": "https://smartinvestor.sorted.org.nz/disclose-document/1f14c7d121f064cc/Hunter-Global-Fixed-Interest-Fund-OMI.pdf" }, "licence": { "reuse": "Citation with link-back to canonicalUrl required. 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