Annual fee load vs peer-class median
Is the Octagon Australasian Equities Fund expensive?
Octagon Australasian Equities Fund charges 1.17% p.a. in annual fund charges, versus a peer-class median of 1.01% across 58 New Zealand australasian equities funds. On fee alone it is pricier than 74% of peers.
Sorted Smart Investor (mirror of FMA Disclose Quarterly Fund Update)
$10,000 over 5 years — fee-only impact (worked example)
Compounded annual charge on a NZ$10,000 starting balance, assuming zero return and no tax (this isolates the fee cost the investor controls).
Octagon Australasian Equities Fund
NZ$571
at 1.17% p.a.
Peer-class median
NZ$495
at 1.01% p.a.
Difference vs median: +NZ$77 over 5 years on NZ$10K.
8 cheaper peers in the same category
Australasian Equities funds with a lower annual fund charge than Octagon Australasian Equities Fund, ordered cheapest first. All figures from FMA Disclose Quarterly Fund Updates.
| Fund | Annual charge | vs Octagon Australasian Equities Fund |
|---|---|---|
| Simplicity NZ Share Fund Simplicity | 0.10% | −1.07pp |
| Smart S&P/NZX 50 ETF Smartshares | 0.20% | −0.97pp |
| Harbour NZ Index Shares Fund Harbour | 0.21% | −0.96pp |
| BetaShares Australia 200 Fund BetaShares | 0.23% | −0.94pp |
| Kernel NZ 20 Fund Kernel | 0.25% | −0.92pp |
| Kernel NZ 50 ESG Tilted Fund Kernel | 0.25% | −0.92pp |
| Kernel NZ Small & Mid Cap Opportunities Fund Kernel | 0.25% | −0.92pp |
| Kernel Australia 100 Fund Kernel | 0.25% | −0.92pp |
What fee level should I expect?
For the australasian equities cohort across NZ retail managed funds, the annual fund charge spans roughly 0.10% at the cheapest to 3.21% at the priciest, with a median of 1.01% across 58 funds. Index/passive structures tend to sit at the lower end; active strategies at the higher end.
Frequently asked
What is the annual fund charge for Octagon Australasian Equities Fund?
Octagon Australasian Equities Fund charges 1.17% per annum, per the latest Quarterly Fund Update on the FMA Disclose register.
How does Octagon Australasian Equities Fund's fee compare with peer australasian equities funds in New Zealand?
The peer-class median annual charge across 58 New Zealand australasian equities funds is 1.01%. Octagon Australasian Equities Fund sits at 1.17% — pricier than the median (cheaper than 26% of peers).
What does the annual charge cost over 5 years on a NZ$10,000 investment?
At 1.17% per year and assuming the fee is the only cost (zero return, no tax), the compounded fee drag on NZ$10,000 over 5 years is approximately NZ$571. That is NZ$77 more than the peer-class median fee-drag of NZ$495.
Where does this fee figure come from?
The annual fund charge is published by the manager in the Quarterly Fund Update (QFU) on the FMA Disclose register and mirrored on Sorted Smart Investor. Each QFU is signed and dated; the figure refreshes each quarter.
Sources
Mechanical comparison of annual fund charge against peer-class median. Not regulated financial advice. For personalised advice consult a licensed financial adviser. See the methodology page for how this comparison is built.