# Hunter Global Fixed Interest Fund > Mechanical fund record. Sourced from the FMA Disclose register. ManagedFundsNZ does not give financial advice and does not publish opinion-based ratings. - **Manager:** Hunter (Hunter Investment Funds Limited) - **Asset class:** International Fixed Interest - **Structure:** NZ Portfolio Investment Entity (PIE) — investor tax capped at PIR (max 28%) - **Confidence tier:** C (Sorted Smart Investor → FMA Disclose) - **Last verified:** 2026-05-22 ## Summary The Hunter Global Fixed Interest Fund is a international fi managed fund run by Hunter. NZ-domiciled global fixed-interest specialist. ## Investment objective (from PDS) > The investment objective of the Fund is to provide a total return, before costs and tax, 1% p.a. higher than the Bloomberg Barclays Global Aggregate Index – 100% New Zealand dollar hedged over a rolling three year period. Source: Product Disclosure Statement dated 2026-03-18 (Tier A, lodged on FMA Disclose register). https://smartinvestor.sorted.org.nz/disclose-document/d05c5c4d00cc9249/Hunter-Global-Fixed-Interest-Fund-PDS.pdf ## Fund data - **Annual fund charge:** 0.53% p.a. (from the latest Quarterly Fund Update) - **5-year return (after charges, after tax at 28% PIR):** 0.05% p.a. - **Risk indicator:** 4/7 on the FMA-mandated standardised scale (1 = lower risk, 7 = higher risk) - **Fund size (AUM):** NZ$2.95 billion - **Asset mix:** 0% growth assets · 100% income assets - **Fund started:** 15 March 2017 - **Minimum initial investment:** NZ$5,000 ## Top 10 holdings 1. US DOLLAR — 4.94% 2. CHINA DEVELOPMENT BANK 08/01/2034 — 2.36% 3. UK GILT 07/03/2030 — 2.22% 4. FRANCE (GOVT OF) 25/02/2030 — 2.17% 5. GNMA II MULTPL SGL 30YR #MB0868M 20/01/2056 — 1.80% 6. U S TREASURY BOND 15/11/2054 — 1.50% 7. CHINA DEVELOPMENT BANK 22/05/2033 — 1.47% 8. FNMA PASS THRU 30YR #SD8526 01/04/2055 — 1.36% 9. U S TREASURY BOND 15/08/2044 — 1.33% 10. ITALIAN BTP BOND 01/04/2028 — 1.31% Holdings are disclosed in every Quarterly Fund Update; the full portfolio holdings file is available via the FMA Disclose register. ## Additional terms (from PDS) - **Minimum subsequent investment:** NZ$500 - **Distribution cadence:** semi-annually - **Buy / sell spread:** 0 bps / 10 bps (transaction cost on subscription / redemption) ## Investment policy (from SIPO) ### Strategic asset allocation ranges | Asset class | Target | Min | Max | | --- | ---: | ---: | ---: | | International fixed interest (Portfolio) | 100% | 95% | 100% | | Funding account (NZD cash and cash equivalents) | — | 0% | 5% | ### Responsible-investment approach Harbour's Environmental, Social and Governance Policy applies to the Hunter Private Credit Fund. ESG considerations are taken into account in the investment policies and procedures of the Funds. 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. ### Exclusions - Tobacco companies - Armament manufacturers - Cluster munitions development or production - Companies deriving more than 10% of earnings from pornography or gambling - Companies deriving more than 10% of earnings from or whose only, core, or majority business is the exploration, extraction, refining or processing of fossil fuels - Utilities who primarily burn fossil fuels - Companies involved in 'very severe' controversies scoring 0 ('red flag') on MSCI's ESG Controversy criteria Source: Statement of Investment Policy and Objectives dated 2025-08-27. https://smartinvestor.sorted.org.nz/disclose-document/mdo64ee542ef69b1d9a4bfa9e9e03bc5578/Hunter-Investment-Funds-SIPO.pdf ## Scheme disclosures (from OMI) Scheme-level. The same disclosures apply to every fund in this scheme. - **Trustee / Supervisor:** The New Zealand Guardian Trust Company Limited - **Auditor:** PricewaterhouseCoopers - **Custodian:** Apex Investment Administration (NZ) Limited and their global sub custodian, JP Morgan - **Conflicts of interest disclosed in OMI:** 2 ### Conflicts of interest (verbatim from OMI) - Harbour is part of the FirstCape group, and 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 and there are processes for recording and managing these. - Harbour may use related parties to provide services to the Fund, including staffing services, banking facilities, and investment in other investment vehicles managed by Harbour or related parties, all conducted on arms' length commercial terms. ### Related-party transactions - **FirstCape group** (Harbour is part of the FirstCape group) — May use related parties to provide services to the Fund, including staffing services, banking facilities, services and investment in other investment vehicles managed by us or related parties Source: Other Material Information document dated 2026-03-13. https://smartinvestor.sorted.org.nz/disclose-document/1f14c7d121f064cc/Hunter-Global-Fixed-Interest-Fund-OMI.pdf ## How to invest Available via: Hunter 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=Hunter%20Global%20Fixed%20Interest%20Fund - **Product Disclosure Statement:** /disclose-document/ca6dbc89b8dbc3b3/Hunter-Private-Credit-Fund-PDS.pdf - **Sorted Smart Investor** (cross-validation): https://smartinvestor.sorted.org.nz/kiwisaver-and-managed-funds/SCH11176/OFR11173/FND2387/ ## 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/hunter/global-fixed-interest/ - **Markdown (this file):** https://managedfunds.nz/funds/hunter/global-fixed-interest/markdown.md - **Structured data (JSON):** https://managedfunds.nz/funds/hunter/global-fixed-interest/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 --- 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.