{
  "schemaVersion": "1.0",
  "canonicalUrl": "https://managedfunds.nz/funds/nz-funds/global-utilities/",
  "fetchedAt": "2026-05-22T05:19:08.603Z",
  "fund": {
    "slug": "global-utilities",
    "name": "NZ Funds Global Utilities",
    "managerSlug": "nz-funds",
    "category": "international-equities",
    "riskProfile": "balanced",
    "isPie": true,
    "isEtf": null,
    "ticker": null,
    "isHedged": null,
    "isResponsibleInvestment": null,
    "isThematic": true,
    "isFifNotPie": null,
    "shortDescription": null,
    "availableVia": [
      "direct"
    ],
    "dataStatus": "pending-ingestion"
  },
  "manager": {
    "slug": "nz-funds",
    "name": "NZ Funds",
    "legalName": "New Zealand Funds Management Limited",
    "parent": null,
    "website": "https://www.nzfunds.co.nz",
    "hq": "Auckland"
  },
  "category": {
    "slug": "international-equities",
    "name": "International Equities",
    "shortName": "International Equities"
  },
  "metrics": {
    "status": "ok",
    "matchScore": 2.2,
    "sortedFundName": "GLOBAL UTILITIES",
    "sortedManager": "NEW ZEALAND FUNDS MANAGEMENT LIMITED nzfunds.co.nz",
    "sortedUrl": "https://smartinvestor.sorted.org.nz/kiwisaver-and-managed-funds/SCH10803/OFR10831/FND42559/",
    "fetchedAt": "2026-05-22T03:05:30.344Z",
    "source_doc": "sorted/SCH10803/OFR10831/FND42559",
    "source_doc_date": "2026-05-22",
    "source_doc_url": "https://smartinvestor.sorted.org.nz/kiwisaver-and-managed-funds/SCH10803/OFR10831/FND42559/",
    "source_tier": "C",
    "riskIndicator": 5,
    "annualFundChargePct": 2.53,
    "peerAvgFeePct": 1.29,
    "fiveYearReturnPct": null,
    "peerAvg5YearReturnPct": 4.31,
    "fiveYearReturnNote": "Less than 5 years of data",
    "growthAssetsPct": 78.48,
    "incomeAssetsPct": 21.52,
    "fundSizeNzd": 62199655.24,
    "pdsUrl": "/disclose-document/mdodfc17cc7af10a3ad4fce6b61e63f749e/NZ-Funds-Active-Growth-Series-PDS-28-October-2025.pdf",
    "strategySummary": "“\n                            The objective of the Global Utilities fund is to mitigate the impact of inflation on your investment over the medium and/or long term with active management. The fund is anticipated to mainly own and trade international utility company shares. The fund may also hold other actively managed authorised asset classes.\n                            ”",
    "topHoldings": [
      {
        "asset": "Fortum Oyj",
        "assetClass": "Shares",
        "type": "International Equities",
        "country": "FI",
        "weightPct": 4.58
      },
      {
        "asset": "Verbund AG",
        "assetClass": "Shares",
        "type": "International Equities",
        "country": "AT",
        "weightPct": 4.46
      },
      {
        "asset": "Orsted AS",
        "assetClass": "Shares",
        "type": "International Equities",
        "country": "DK",
        "weightPct": 4.22
      },
      {
        "asset": "EDP SA",
        "assetClass": "Shares",
        "type": "International Equities",
        "country": "PT",
        "weightPct": 4.19
      },
      {
        "asset": "Goldman Sachs Futures",
        "assetClass": "Cash",
        "type": "Cash and Cash Equivalents",
        "country": "GB",
        "weightPct": 4.18
      },
      {
        "asset": "Edison International",
        "assetClass": "Shares",
        "type": "International Equities",
        "country": "US",
        "weightPct": 4.17
      },
      {
        "asset": "American Water Works Co Inc",
        "assetClass": "Shares",
        "type": "International Equities",
        "country": "US",
        "weightPct": 4.16
      },
      {
        "asset": "Exelon Corp",
        "assetClass": "Shares",
        "type": "International Equities",
        "country": "US",
        "weightPct": 4.12
      },
      {
        "asset": "Hydro One Ltd",
        "assetClass": "Shares",
        "type": "International Equities",
        "country": "CA",
        "weightPct": 4.06
      },
      {
        "asset": "E.ON SE",
        "assetClass": "Shares",
        "type": "International Equities",
        "country": "DE",
        "weightPct": 4.05
      }
    ],
    "fundStartDate": "17 March 2023",
    "minimumInvestmentNzd": null,
    "documents": [
      {
        "label": "GLOBAL UTILITIES (FND42559) Full portfolio holdings 31 March 2026.xlsx Download the full portfolio holdings. XLSX, 2.14 KB",
        "href": "https://smartinvestor.sorted.org.nz/disclose-document/full-portfolio/FND42559/GLOBAL-UTILITIES-FND42559-Full-portfolio-holdings-31-March-2026.xlsx"
      },
      {
        "label": "NZ Funds Active Growth Series PDS 28 October 2025.pdf How this investment works, including about the provider, risks, costs and potential returns PDF, 307.64 KB",
        "href": "https://smartinvestor.sorted.org.nz/disclose-document/mdodfc17cc7af10a3ad4fce6b61e63f749e/NZ-Funds-Active-Growth-Series-PDS-28-October-2025.pdf"
      },
      {
        "label": "NZ Funds Active Series Global Utilities Fund Update 31.03.26.pdf The quarterly update published by the provider PDF, 172.60 KB",
        "href": "https://smartinvestor.sorted.org.nz/disclose-document/bfe4924abac3ce8d/NZ-Funds-Active-Series-Global-Utilities---Fund-Update---31.03.26.pdf"
      },
      {
        "label": "NZ Funds Active Inflation Series PDS 28 October 2025.pdf Additional product disclosure statement from the provider PDF, 430.11 KB",
        "href": "https://smartinvestor.sorted.org.nz/disclose-document/mdo892334dc3843e1ffbff28b51ec449a19/NZ-Funds-Active-Inflation-Series-PDS-28-October-2025.pdf"
      },
      {
        "label": "NZ Funds Active Income Series PDS 28 October 2025.pdf Additional product disclosure statement from the provider PDF, 261.19 KB",
        "href": "https://smartinvestor.sorted.org.nz/disclose-document/mdof8ccad51a6efc4629a480bdee0c63c6f/NZ-Funds-Active-Income-Series-PDS-28-October-2025.pdf"
      },
      {
        "label": "NZ Funds Active Series Other Material Information 28 October 2025.pdf NZ Funds Active Series – Other Material Information contains additional information relating to the NZ Funds Active Series and sho",
        "href": "https://smartinvestor.sorted.org.nz/disclose-document/mdo44e487fa02b4f9d57e3c6162b6b92c06/NZ-Funds-Active-Series-Other-Material-Information-28-October-2025.pdf"
      },
      {
        "label": "NZ Funds Managed Portfolio Service Scheme SIPO 28 October 2025.pdf Statement of investment policy and objectives PDF, 798.71 KB",
        "href": "https://smartinvestor.sorted.org.nz/disclose-document/mdo1ba65cf87ea9abde7460785e941899ab/NZ-Funds-Managed-Portfolio-Service-Scheme-SIPO-28-October-2025.pdf"
      }
    ]
  },
  "sources": {
    "fmaDisclose": "https://disclose-register.companiesoffice.govt.nz/search?searchType=ALL&q=NZ%20Funds%20Global%20Utilities",
    "sortedSmartInvestor": "https://smartinvestor.sorted.org.nz/kiwisaver-and-managed-funds/SCH10803/OFR10831/FND42559/",
    "productDisclosureStatement": "/disclose-document/mdodfc17cc7af10a3ad4fce6b61e63f749e/NZ-Funds-Active-Growth-Series-PDS-28-October-2025.pdf"
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    "contact": "hello@managedfunds.nz"
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}