# SBS Wealth World Bond Portfolio

> Mechanical fund record. Sourced from the FMA Disclose register. ManagedFundsNZ does not give financial advice and does not publish opinion-based ratings.

- **Manager:** SBS Wealth (FundRock NZ Limited), parent SBS Bank
- **Asset class:** International Fixed Interest
- **Risk profile:** conservative
- **Structure:** NZ Portfolio Investment Entity (PIE) — investor tax capped at PIR (max 28%)
- **Confidence tier:** C (Sorted Smart Investor → FMA Disclose)
- **Last verified:** 2026-05-22

## Summary

The SBS Wealth World Bond Portfolio is a international fi managed fund run by SBS Wealth. SBS Bank-branded retail managed-fund range issued by FundRock NZ; multi-asset strategies plus Australasian / world equity and bond portfolios.

## Fund data

- **Annual fund charge:** 0.77% p.a. (from the latest Quarterly Fund Update)
- **5-year return (after charges, after tax at 28% PIR):** 0.32% p.a.
- **Risk indicator:** 3/7 on the FMA-mandated standardised scale (1 = lower risk, 7 = higher risk)
- **Fund size (AUM):** NZ$46 million
- **Asset mix:** 0% growth assets · 100% income assets
- **Fund started:** 4 May 2011
- **Minimum initial investment:** NZ$500

## Top 7 holdings

1. IShares Global Aggregate Bond ESG UCITS ETF NZD Hedged — 44.62%
2. Hunter Global Fixed Interest Fund — 17.56%
3. Dimensional Two-Year Sustainability Fixed Interest PIE Fund — 16.85%
4. Dimensional Global Bond Sustainability PIE Fund — 16.29%
5. Cash Deposit (ANZ Bank) — 4.91%
6. Debtors NZD — 0.02%
7. Cash Deposit (JPM NZD) — 0.00%

Holdings are disclosed in every Quarterly Fund Update; the full portfolio holdings file is available via the FMA Disclose register.

## How to invest

Available via: SBS Wealth directly. Read the current Product Disclosure Statement (PDS) before investing.

## Sources

- **FMA Disclose register** (primary): https://disclose-register.companiesoffice.govt.nz/search?searchType=ALL&q=SBS%20Wealth%20World%20Bond%20Portfolio
- **Product Disclosure Statement:** /disclose-document/mdo1ed6fe66c5c53283ffa3ac286f4ef6a2/SBS-Wealth-Investment-Funds-Product-Disclosure-Statement-112025.pdf
- **Sorted Smart Investor** (cross-validation): https://smartinvestor.sorted.org.nz/kiwisaver-and-managed-funds/SCH11160/OFR11164/FND2934/
- **Manager website:** https://sbsbank.co.nz/sbs-wealth

## Citations (authoritative primary sources)

- FMA Disclose register — https://disclose-register.companiesoffice.govt.nz/ (publisher: Financial Markets Authority, NZ)
- Inland Revenue — PIE / PIR rules — https://www.ird.govt.nz/roles/portfolio-investment-entities
- Financial Markets Conduct Act 2013 — https://www.legislation.govt.nz/act/public/2013/0069/latest/DLM4090578.html
- Sorted Smart Investor (cross-validation only) — https://smartinvestor.sorted.org.nz/

## This file

- **Canonical HTML:** https://managedfunds.nz/funds/sbs-wealth/world-bond-portfolio/
- **Markdown (this file):** https://managedfunds.nz/funds/sbs-wealth/world-bond-portfolio/markdown.md
- **Structured data (JSON):** https://managedfunds.nz/funds/sbs-wealth/world-bond-portfolio/data.json
- **First published:** 2026-05-08
- **Last refreshed:** 2026-05-22
- **Reuse licence:** citation with link back to the canonical HTML is granted. No paid redistribution. Full terms: https://managedfunds.nz/llms-policy.txt

---

ManagedFundsNZ is independent. We are not a Financial Advice Provider. This page is general information sourced from the FMA Disclose register; it is not personalised financial advice. Read the current PDS and consider talking to a licensed adviser before investing.