Annual fee load vs peer-class median
Is the Russell Investments Global Listed Infrastructure Fund expensive?
Russell Investments Global Listed Infrastructure Fund charges 1.08% 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 pricier 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).
Russell Investments Global Listed Infrastructure Fund
NZ$528
at 1.08% p.a.
Peer-class median
NZ$521
at 1.06% p.a.
Difference vs median: +NZ$7 over 5 years on NZ$10K.
4 cheaper peers in the same category
Other funds with a lower annual fund charge than Russell Investments Global Listed Infrastructure Fund, ordered cheapest first. All figures from FMA Disclose Quarterly Fund Updates.
| Fund | Annual charge | vs Russell Investments Global Listed Infrastructure Fund |
|---|---|---|
| Kernel Global Infrastructure Fund Kernel | 0.25% | −0.83pp |
| Smart Bitcoin ETF Smartshares | 0.55% | −0.53pp |
| First Sentier Global Listed Infrastructure Fund First Sentier | 1.03% | −0.05pp |
| Resolution Capital Global Listed Infrastructure PIE Fund Resolution Capital | 1.05% | −0.03pp |
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 Russell Investments Global Listed Infrastructure Fund?
Russell Investments Global Listed Infrastructure Fund charges 1.08% per annum, per the latest Quarterly Fund Update on the FMA Disclose register.
How does Russell Investments Global Listed Infrastructure 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%. Russell Investments Global Listed Infrastructure Fund sits at 1.08% — pricier than the median (cheaper than 44% of peers).
What does the annual charge cost over 5 years on a NZ$10,000 investment?
At 1.08% 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$528. That is NZ$7 more 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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