# Mint Diversified Growth Fund > Mechanical fund record. Sourced from the FMA Disclose register. ManagedFundsNZ does not give financial advice and does not publish opinion-based ratings. - **Manager:** Mint (Mint Asset Management Limited) - **Asset class:** Diversified Funds - **Risk profile:** growth - **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 Mint Diversified Growth Fund is a diversified managed fund run by Mint. Active manager offering Australasian equities, property, diversified and SRI strategies. ## Investment objective (from PDS) > This is a multi-asset class Fund that offers a diversified portfolio and aims to provide capital growth over the long term. The Fund invests primarily in New Zealand and international equities (including listed property if held), but will also hold cash and fixed interest securities. The objective of the Fund is to deliver returns in excess of the Consumers Price Index (CPI) by 4.5% per annum, before fees, over the medium to long term. Source: Product Disclosure Statement dated 2026-05-21 (Tier A, lodged on FMA Disclose register). https://smartinvestor.sorted.org.nz/disclose-document/mdocb83dea0c64d0bde5768284641d4c100/Mint-Product-Disclosure-Statement-October-2025.pdf ## Fund data - **Annual fund charge:** 1.21% p.a. (from the latest Quarterly Fund Update) - **5-year return (after charges, after tax at 28% PIR):** 2.43% p.a. - **Risk indicator:** 5/7 on the FMA-mandated standardised scale (1 = lower risk, 7 = higher risk) - **Fund size (AUM):** NZ$46 million - **Asset mix:** 78% growth assets · 22% income assets - **Fund started:** 10 December 2018 - **Minimum initial investment:** NZ$5,000 ## Top 10 holdings 1. Mint Australasian Equity Fund — 13.97% 2. Cash at Bank - WBC — 3.69% 3. Mint Australasian Property Fund — 3.53% 4. Visa Inc-Class A Shares — 2.41% 5. NVIDIA Corp — 2.22% 6. Charles Schwab Corp/The — 2.00% 7. Microsoft Corporation — 1.92% 8. Amazon.Com Inc — 1.88% 9. Cvs Caremark Corp — 1.75% 10. American Express Co — 1.70% 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$1,000 - **Distribution cadence:** No distributions (accumulating) ## Investment policy (from SIPO) ### Strategic asset allocation ranges | Asset class | Target | Min | Max | | --- | ---: | ---: | ---: | | Cash and Cash Equivalents | 5% | 0% | 15% | | Fixed Interest | 15% | 0% | 40% | | Australasian Equities (including Listed Property if held) | 20% | 0% | 40% | | International Equities (including Listed Property if held) | 60% | 40% | 90% | ### Responsible-investment approach Responsible investment forms a core part of Mint's philosophy. Mint is a signatory of the UN-supported Principles for Responsible Investment and the Aotearoa New Zealand Stewardship Code, and a member of the Responsible Investment Association Australasia. ESG factors form a material part of the investment process for direct investments, and exclusions are set out in Mint's Responsible Investment Policy. ### Derivatives policy The Funds are permitted to use derivatives consistent with their investment objectives and risk profile and with Mint's Derivatives Policy. Predominantly these are forward foreign exchange contracts but can also include other derivative instruments implemented to manage portfolio risk, currency risk and to provide economic efficiency. ### Exclusions - See RI Policy for applicable exclusions Source: Statement of Investment Policy and Objectives dated 2026-05-20. https://smartinvestor.sorted.org.nz/disclose-document/mdo883a22bb3013d335245eb5ca17178b03/Mint-Statementof-Investment-Policy-Objectives-March-2025.pdf ## Scheme disclosures (from OMI) Scheme-level. The same disclosures apply to every fund in this scheme. - **Trustee / Supervisor:** Public Trust - **Auditor:** PricewaterhouseCoopers - **Custodian:** Mint Nominees Limited Source: Other Material Information document dated 2025-03-24. https://smartinvestor.sorted.org.nz/disclose-document/mdo4ff4b696f15a298538558389ddb3b265/MINTOMI-March-2025.pdf ## How to invest Available via: Mint 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=Mint%20Diversified%20Growth%20Fund - **Product Disclosure Statement:** /disclose-document/mdocb83dea0c64d0bde5768284641d4c100/Mint-Product-Disclosure-Statement-October-2025.pdf - **Sorted Smart Investor** (cross-validation): https://smartinvestor.sorted.org.nz/kiwisaver-and-managed-funds/SCH10787/OFR10827/FND12527/ - **Manager website:** https://mintasset.co.nz ## 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/mint/diversified-growth/ - **Markdown (this file):** https://managedfunds.nz/funds/mint/diversified-growth/markdown.md - **Structured data (JSON):** https://managedfunds.nz/funds/mint/diversified-growth/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.