Annual fee load vs peer-class median
Is the Resolution Capital Global Listed Infrastructure PIE Fund expensive?
Resolution Capital Global Listed Infrastructure PIE Fund charges 1.05% p.a. in annual fund charges, versus a peer-class median of 1.06% across 8 New Zealand other funds. On fee alone it is cheaper than 56% 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).
Resolution Capital Global Listed Infrastructure PIE Fund
NZ$514
at 1.05% p.a.
Peer-class median
NZ$521
at 1.06% p.a.
Difference vs median: NZ$-7 over 5 years on NZ$10K.
3 cheaper peers in the same category
Other funds with a lower annual fund charge than Resolution Capital Global Listed Infrastructure PIE Fund, ordered cheapest first. All figures from FMA Disclose Quarterly Fund Updates.
| Fund | Annual charge | vs Resolution Capital Global Listed Infrastructure PIE Fund |
|---|---|---|
| Kernel Global Infrastructure Fund Kernel | 0.25% | −0.80pp |
| Smart Bitcoin ETF Smartshares | 0.55% | −0.50pp |
| First Sentier Global Listed Infrastructure Fund First Sentier | 1.03% | −0.02pp |
What fee level should I expect?
For the other cohort across NZ retail managed funds, the annual fund charge spans roughly 0.25% at the cheapest to 2.53% at the priciest, with a median of 1.06% across 8 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 Resolution Capital Global Listed Infrastructure PIE Fund?
Resolution Capital Global Listed Infrastructure PIE Fund charges 1.05% per annum, per the latest Quarterly Fund Update on the FMA Disclose register.
How does Resolution Capital Global Listed Infrastructure PIE Fund's fee compare with peer other funds in New Zealand?
The peer-class median annual charge across 8 New Zealand other funds is 1.06%. Resolution Capital Global Listed Infrastructure PIE Fund sits at 1.05% — cheaper than 56% of peers.
What does the annual charge cost over 5 years on a NZ$10,000 investment?
At 1.05% 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$514. That is NZ$7 less than the peer-class median fee-drag of NZ$521.
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.
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