NZ managed funds with no performance fee
207 NZ retail managed funds whose Product Disclosure Statement explicitly states no performance fee. The annual fund charge is the only ongoing cost. Sorted by annual fund charge.
Source: every fund's current Product Disclosure Statement lodged on the FMA Disclose register. Performance-fee status extracted from the PDS, cross-validated against Sorted Smart Investor.
- Foundation Series US 500 FundFoundation Series · International Equities0.03% annual
- Foundation Series Hedged US 500 FundFoundation Series · International Equities0.03% annual
- Foundation Series US Dividend Equity FundFoundation Series · International Equities0.06% annual
- Foundation Series Total World FundFoundation Series · International Equities0.07% annual
- Foundation Series Hedged Total World FundFoundation Series · International Equities0.07% annual
- Foundation Series Global ESG FundFoundation Series · International Equities0.10% annual
- Simplicity NZ Cash FundSimplicity · Cash0.12% annual
- Foundation Series Nasdaq-100 FundFoundation Series · International Equities0.15% annual
- Smart S&P/NZX 50 ETFSmartshares · Australasian Equities0.20% annual
- Harbour NZ Index Shares FundHarbour · Australasian Equities0.21% annual
- BetaShares Australia 200 FundBetaShares · Australasian Equities0.23% annual
- Dimensional Two-Year Sustainability Fixed Interest PIE FundDimensional · International FI0.25% annual
- Simplicity Conservative Investment FundSimplicity · Diversified0.25% annual
- Simplicity Balanced Investment FundSimplicity · Diversified0.25% annual
- Simplicity Growth Investment FundSimplicity · Diversified0.25% annual
- Simplicity High Growth Investment FundSimplicity · Diversified0.25% annual
- Simplicity Homes and Income Investment FundSimplicity · Diversified0.25% annual
- Kernel Conservative FundKernel · Diversified0.25% annual
- Kernel Balanced FundKernel · Diversified0.25% annual
- Kernel High Growth FundKernel · Diversified0.25% annual
- Kernel Cash Plus FundKernel · Cash0.25% annual
- Kernel S&P Global 100 FundKernel · International Equities0.25% annual
- Kernel S&P Global 100 (NZD Hedged) FundKernel · International Equities0.25% annual
- Kernel S&P 500 (Unhedged) FundKernel · International Equities0.25% annual
- Kernel S&P 500 (NZD Hedged) FundKernel · International Equities0.25% annual
- Kernel World ex-US FundKernel · International Equities0.25% annual
- Kernel Global ESG FundKernel · International Equities0.25% annual
- Kernel S&P Global Dividend Aristocrats FundKernel · International Equities0.25% annual
- Kernel Global Infrastructure FundKernel · Other0.25% annual
- Kernel NZ 50 ESG Tilted FundKernel · Australasian Equities0.25% annual
- Kernel NZ Small & Mid Cap Opportunities FundKernel · Australasian Equities0.25% annual
- Kernel NZ Commercial Property FundKernel · Listed Property0.25% annual
- Kernel Australia 100 FundKernel · Australasian Equities0.25% annual
- Clarity Enhanced Cash PIEClarity · Cash0.26% annual
- Harbour Sustainable Impact FundHarbour · Diversified0.27% annual
- Dimensional Five-Year Diversified Fixed Interest PIE FundDimensional · International FI0.28% annual
- Smart Australian Top 200 ETFSmartshares · Australasian Equities0.30% annual
- Smart Global Aggregate Bond ETFSmartshares · International FI0.30% annual
- Dimensional Global Bond Sustainability PIE FundDimensional · International FI0.32% annual
- Evidential Sustainable Global Bond FundEvidential · International FI0.32% annual
- Russell Investments Hedged Sustainable Global Shares FundRussell Investments · International Equities0.33% annual
- Russell Investments Sustainable Global Shares FundRussell Investments · International Equities0.33% annual
- Smart US 500 ETFSmartshares · International Equities0.34% annual
- BetaShares Australian Investment Grade Corporate Bond Fund (NZD Hedged)BetaShares · International FI0.34% annual
- Dimensional Australian Sustainability PIE FundDimensional · Australasian Equities0.35% annual
- Foundation Series Balanced FundFoundation Series · Diversified0.36% annual
- Mercer NZ Shares Passive FundMercer · Australasian Equities0.36% annual
- Foundation Series High Growth FundFoundation Series · Diversified0.37% annual
- Foundation Series Growth FundFoundation Series · Diversified0.38% annual
- Schroder Sustainable Global Core PIE FundSchroders · International Equities0.39% annual
- Schroder Sustainable Global Core PIE Fund (Hedged)Schroders · International Equities0.39% annual
- Dimensional Global Sustainability PIE FundDimensional · International Equities0.40% annual
- Dimensional Global Sustainability PIE Fund (NZD Hedged)Dimensional · International Equities0.40% annual
- Smart Total World ETFSmartshares · International Equities0.40% annual
- Kernel NZ Bond FundKernel · NZ Fixed Interest0.40% annual
- Mercer All Country Global Shares Index FundMercer · International Equities0.43% annual
- Mercer Responsible Hedged Global Fixed Interest Index FundMercer · International FI0.43% annual
- Kernel Emerging Markets FundKernel · International Equities0.45% annual
- Kernel S&P Global Clean Energy FundKernel · International Equities0.45% annual
- ANZ Investments OneAnswer New Zealand Fixed Interest FundANZ Investments · NZ Fixed Interest0.46% annual
- Harbour NZ Corporate Bond FundHarbour · NZ Fixed Interest0.47% annual
- JPMorgan Global Bond FundJPMorgan · International FI0.47% annual
- ANZ Investments OneAnswer International Fixed Interest FundANZ Investments · International FI0.49% annual
- Russell Investments NZ Fixed Interest FundRussell Investments · NZ Fixed Interest0.49% annual
- BetaShares Global Quality Leaders FundBetaShares · International Equities0.49% annual
- Smart US Large Growth ETFSmartshares · International Equities0.51% annual
- Smart US Large Value ETFSmartshares · International Equities0.51% annual
- Smart US Small Cap ETFSmartshares · International Equities0.51% annual
- Hunter Global Fixed Interest FundHunter · International FI0.53% annual
- Smart Australian Dividend ETFSmartshares · Australasian Equities0.54% annual
- Smart Australian Financials ETFSmartshares · Australasian Equities0.54% annual
- Smart Australian Resources ETFSmartshares · Australasian Equities0.54% annual
- Smart Global ESG ETFSmartshares · International Equities0.54% annual
- Smart Global Bond ETFSmartshares · International FI0.54% annual
- Smart Australian Property ETFSmartshares · Listed Property0.54% annual
- Smart Asia Pacific ETFSmartshares · International Equities0.55% annual
- Smart Europe ESG ETFSmartshares · International Equities0.55% annual
- Smart Japan ESG ETFSmartshares · International Equities0.55% annual
- Smart Bitcoin ETFSmartshares · Other0.55% annual
- Russell Investments Global Fixed Interest FundRussell Investments · International FI0.58% annual
- Smart Emerging Markets ESG ETFSmartshares · International Equities0.59% annual
- Smart Australian Top 20 ETFSmartshares · Australasian Equities0.60% annual
- Mercer Macquarie NZ Fixed Interest FundMercer · NZ Fixed Interest0.60% annual
- Stewart Investors Worldwide Leaders FundStewart Investors · International Equities0.61% annual
- Te Ahumairangi Global Equity FundTe Ahumairangi · International Equities0.62% annual
- Evidential Sustainable Targeted Factor FundEvidential · International Equities0.62% annual
- Summer New Zealand CashSummer · Cash0.62% annual
- ANZ Investments OneAnswer Conservative FundANZ Investments · Diversified0.63% annual
- Milford Trans-Tasman Bond FundMilford · NZ Fixed Interest0.65% annual
- Lifetime Cash FundLifetime · Cash0.65% annual
- Harbour NZ Core Fixed Interest FundHarbour · NZ Fixed Interest0.66% annual
- BetaShares Australian Sustainability Leaders FundBetaShares · Australasian Equities0.67% annual
- Mercer Macquarie NZ Short Duration FundMercer · NZ Fixed Interest0.68% annual
- Amova Corporate Bond FundAmova · NZ Fixed Interest0.70% annual
- Clarity Fixed Income FundClarity · International FI0.70% annual
- Daintree Core Income PIEDaintree · International FI0.73% annual
- ANZ Investments OneAnswer Conservative Balanced FundANZ Investments · Diversified0.75% annual
- Smart Australian Mid Cap ETFSmartshares · Australasian Equities0.75% annual
- Smart Automation and Robotics ETFSmartshares · International Equities0.75% annual
- Smart Healthcare Innovation ETFSmartshares · International Equities0.75% annual
- Brandywine Global Opportunistic Fixed Income FundBrandywine · International FI0.77% annual
- Harbour Real Estate Investment FundHarbour · Listed Property0.77% annual
- SBS Wealth World Bond PortfolioSBS Wealth · International FI0.77% annual
- BetaShares Global Sustainability Leaders FundBetaShares · International Equities0.77% annual
- Russell Investments NZ Shares FundRussell Investments · Australasian Equities0.78% annual
- SBS Wealth New Zealand Bond PortfolioSBS Wealth · NZ Fixed Interest0.78% annual
- AMP International Shares Managed FundAMP · International Equities0.79% annual
- BetaShares Global Sustainability Leaders Fund (NZD Hedged)BetaShares · International Equities0.79% annual
- AMP Aggressive Managed FundAMP · Diversified0.80% annual
- AMP Balanced Managed FundAMP · Diversified0.81% annual
- AMP Growth Managed FundAMP · Diversified0.81% annual
- Bentham Global Income PIE FundBentham · International FI0.83% annual
- Hunter Private Credit FundHunter · International FI0.83% annual
- ANZ Investments OneAnswer International Listed Infrastructure FundANZ Investments · International Equities0.84% annual
- Milford Conservative FundMilford · Diversified0.85% annual
- Milford Global Corporate Bond FundMilford · International FI0.85% annual
- Pella Global Generations PIE FundPella · International Equities0.85% annual
- Summer Conservative SelectionSummer · Diversified0.87% annual
- Summer Global Fixed InterestSummer · International FI0.87% annual
- ANZ Investments OneAnswer Balanced FundANZ Investments · Diversified0.90% annual
- Daintree High Income PIEDaintree · International FI0.90% annual
- Russell Investments Hedged Global Shares FundRussell Investments · International Equities0.92% annual
- Russell Investments Global Shares FundRussell Investments · International Equities0.93% annual
- Brandywine Global Opportunistic Equity FundBrandywine · International Equities0.93% annual
- ANZ Investments OneAnswer Balanced Growth FundANZ Investments · Diversified0.95% annual
- ANZ Investments OneAnswer High Growth FundANZ Investments · Diversified0.95% annual
- Amova Core Equity FundAmova · Australasian Equities0.95% annual
- ANZ Investments OneAnswer International Share FundANZ Investments · International Equities0.96% annual
- Clarity Diversified Income FundClarity · Diversified0.96% annual
- Mint New Zealand SRI Equity FundMint · Australasian Equities0.97% annual
- Fisher Funds New Zealand Fixed Income TrustFisher Funds · NZ Fixed Interest0.97% annual
- Hyperion Australian Growth Companies PIE FundHyperion · Australasian Equities0.98% annual
- Fisher Funds Income FundFisher Funds · International FI0.99% annual
- ANZ Investments OneAnswer International Property FundANZ Investments · Listed Property0.99% annual
- Lifetime Conservative FundLifetime · Diversified0.99% annual
- Lifetime Balanced FundLifetime · Diversified0.99% annual
- Lifetime Growth FundLifetime · Diversified0.99% annual
- Pathfinder Ethical Trans-Tasman FundPathfinder · Australasian Equities1.00% annual
- Pathfinder Global Property FundPathfinder · Listed Property1.00% annual
- Coolabah Global Floating-Rate High Yield PIE FundCoolabah · International FI1.00% annual
- Mint Diversified Income FundMint · Diversified1.01% annual
- Summer Australian EquitiesSummer · Australasian Equities1.02% annual
- Summer Balanced SelectionSummer · Diversified1.02% annual
- Summer Global EquitiesSummer · International Equities1.02% annual
- Summer Growth SelectionSummer · Diversified1.02% annual
- Summer Listed PropertySummer · Listed Property1.02% annual
- First Sentier Global Listed Infrastructure FundFirst Sentier · Other1.03% annual
- Harbour Balanced Growth FundHarbour · Diversified1.04% annual
- ANZ Investments OneAnswer New Zealand Share FundANZ Investments · Australasian Equities1.05% annual
- Resolution Capital Global Listed Infrastructure PIE FundResolution Capital · Other1.05% annual
- Resolution Capital Global Property Securities PIE FundResolution Capital · Listed Property1.05% annual
- Mercer Responsible Trans-Tasman Shares FundMercer · Australasian Equities1.06% annual
- ANZ Investments OneAnswer Property Securities FundANZ Investments · Listed Property1.06% annual
- Clarity Dividend Yield FundClarity · International Equities1.06% annual
- Clarity Global Shares FundClarity · International Equities1.06% annual
- Clarity New Zealand Equity FundClarity · Australasian Equities1.06% annual
- Clarity Trans-Tasman Value FundClarity · Australasian Equities1.06% annual
- Mint Australasian Property FundMint · Listed Property1.07% annual
- Castle Point Trans-Tasman FundCastle Point · Australasian Equities1.08% annual
- Russell Investments Global Listed Infrastructure FundRussell Investments · Other1.08% annual
- ANZ Investments OneAnswer Australian Share FundANZ Investments · Australasian Equities1.09% annual
- Harbour Australasian Equity Income FundHarbour · Australasian Equities1.10% annual
- Salt NZ Dividend Appreciation FundSalt · Australasian Equities1.10% annual
- Harbour Australasian Equity FundHarbour · Australasian Equities1.12% annual
- Aurellan Global Shares FundAurellan · International Equities1.12% annual
- Aurellan Hedged Global Shares FundAurellan · International Equities1.12% annual
- Clarity Diversified Growth FundClarity · Diversified1.16% annual
- Octagon Balanced FundOctagon · Diversified1.17% annual
- Octagon Australasian Equities FundOctagon · Australasian Equities1.17% annual
- Octagon New Zealand Equities FundOctagon · Australasian Equities1.17% annual
- Mint Australasian Equity FundMint · Australasian Equities1.18% annual
- SBS Wealth World Equity PortfolioSBS Wealth · International Equities1.18% annual
- Amova Global Shares FundAmova · International Equities1.20% annual
- Amova Global Shares Hedged FundAmova · International Equities1.20% annual
- SBS Wealth Australasian Equity PortfolioSBS Wealth · Australasian Equities1.20% annual
- Mint Diversified Growth FundMint · Diversified1.21% annual
- Harbour T. Rowe Price Global Equity FundHarbour · International Equities1.21% annual
- Clarity - Capital Group New Perspective FundClarity · International Equities1.21% annual
- Harbour T. Rowe Price Global Equity Fund (Hedged)Harbour · International Equities1.24% annual
- Mercer Core Global Shares FundMercer · International Equities1.24% annual
- Mercer Responsible Balanced FundMercer · Diversified1.25% annual
- Mercer Global Shares FundMercer · International Equities1.25% annual
- Fisher Funds BondPlus FundFisher Funds · International FI1.26% annual
- Mercer Income Generator FundMercer · Diversified1.28% annual
- Pathfinder Global Responsibility FundPathfinder · International Equities1.30% annual
- Pathfinder Ethical Growth FundPathfinder · Diversified1.31% annual
- Mercer Global Listed Real Estate FundMercer · Listed Property1.33% annual
- Mercer Global Listed Infrastructure FundMercer · Other1.34% annual
- Fisher Funds Conservative FundFisher Funds · Diversified1.35% annual
- Generate Focused Growth Managed FundGenerate · Diversified1.35% annual
- Lifetime Retirement Income FundLifetime · Diversified1.36% annual
- Fisher Funds Growth FundFisher Funds · Diversified1.46% annual
- Mercer Core Hedged Global Shares FundMercer · International Equities1.46% annual
- ACI Conservative FundACI · Diversified1.50% annual
- ACI Growth FundACI · Diversified1.61% annual
- Pie Global Growth Fund 2Pie Funds · International Equities1.61% annual
- Fisher Funds Trans Tasman Equity TrustFisher Funds · Australasian Equities1.63% annual
- Fisher Funds Global FundFisher Funds · International Equities1.64% annual
- NZ Funds Income GeneratorNZ Funds · Diversified1.67% annual
- Mercer Responsible Global Shares FundMercer · International Equities1.69% annual
- Elevation Capital Global Shares FundElevation Capital · International Equities1.80% annual
- Pie Growth UK & Europe FundPie Funds · International Equities1.85% annual
- Squirrel Monthly Income FundSquirrel · Other2.14% annual
- Vision Income FundVision · International FI2.51% annual
- Artesian Green and Sustainable Bond Fund (NZD)Artesian · International FIfee not on file
- Artesian Short Duration Corporate Bond Fund (NZD)Artesian · International FIfee not on file
- Bentham Global Opportunities PIE FundBentham · International FIfee not on file
Related directories
Methodology
Performance-fee status is extracted from each fund's current Product Disclosure Statement (PDS) lodged on the FMA Disclose register. A fund qualifies for this directory if its PDS explicitly states no performance fee is charged. Funds without an on-file PDS extract are excluded — we don't claim "no performance fee" from absence of data.
ManagedFundsNZ provides information only, not personalised financial advice. For advice, see a licensed financial adviser. Read the current PDS before investing.