# TAHITO Te Tai o Rehua Fund

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

- **Manager:** TAHITO
- **Asset class:** Australasian Equities
- **Structure:** NZ Portfolio Investment Entity (PIE) — investor tax capped at PIR (max 28%)
- **Responsible investment label:** yes (see SIPO for screening framework)
- **Confidence tier:** C (Sorted Smart Investor → FMA Disclose)
- **Last verified:** 2026-05-22

## Summary

The TAHITO Te Tai o Rehua Fund is a australasian equities managed fund run by TAHITO. Māori-led indigenous-values investment manager with a trans-Tasman equity fund.

## Fund data

- **Annual fund charge:** 1.26% p.a. (from the latest Quarterly Fund Update)
- **5-year return (after charges, after tax at 28% PIR):** 1.77% p.a.
- **Risk indicator:** 5/7 on the FMA-mandated standardised scale (1 = lower risk, 7 = higher risk)
- **Fund size (AUM):** NZ$27 million
- **Asset mix:** 98% growth assets · 2% income assets
- **Fund started:** 17 June 2021
- **Minimum initial investment:** NZ$10,000

## Top 10 holdings

1. Meridian Energy Limited — 8.28%
2. Spark New Zealand Ltd — 6.68%
3. NZD Cash at Bank — 5.66%
4. Brambles Ltd — 5.48%
5. Sims Group Ltd — 5.24%
6. Commonwealth Bank of Australia — 5.01%
7. Fisher & Paykel Healthcare Ltd — 4.33%
8. ALS Ltd — 4.27%
9. Goodman Property Trust — 4.00%
10. Summerset Group Holdings Ltd — 3.90%

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

## Scheme disclosures (from OMI)

Scheme-level. The same disclosures apply to every fund in this scheme.

- **Trustee / Supervisor:** New Zealand Guardian Trust Company Limited
- **Auditor:** PwC Auckland
- **Custodian:** BNP Paribas Fund Services Australasia Pty Limited (nominated by Guardian Trust, which retains primary responsibility)
- **Conflicts of interest disclosed in OMI:** 4

### Conflicts of interest (verbatim from OMI)

- Directors, employees and other associated persons of Clarity may choose to invest in the Funds.
- ISG, as parent of Clarity, provides investment administration and investment operation services to the Funds and receives a portion of the total fund charge, creating a related-party conflict.
- Devon Funds Management Limited provides investment management services to the Trans-Tasman Value Fund, Dividend Yield Fund and New Zealand Equity Fund and receives a portion of the total fund charge, creating a related-party conflict.
- Clarity will not enter into transactions with related parties who may benefit from those arrangements, except as agreed with the Supervisor and as permitted under the provisions of the FMC Act.

### Related-party transactions

- **Investment Services Group (ISG)** (Parent company of Clarity Funds Management Limited) — Investment administration, accounting, legal support, IT, marketing and HR services delegated under a Service Level Agreement · A portion of the total fund charge collected from the Funds
- **Devon Funds Management Limited** (Related party (receives portion of fund charges)) — Outsourced investment management services for the Clarity Dividend Yield Fund, Trans-Tasman Value Fund and New Zealand Equity Fund under a Service Level Agreement · A portion of the total fund charge collected from the Funds

Source: Other Material Information document dated 2026-04-01. https://smartinvestor.sorted.org.nz/disclose-document/0027c40e084be365/Clarity-OMI-Document-2-April-26-FINAL.pdf

## How to invest

Available via: TAHITO 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=TAHITO%20Te%20Tai%20o%20Rehua%20Fund
- **Product Disclosure Statement:** /disclose-document/2a29fa7947b4dc0e/Clarity-PDS-Document-2-April-26---FINAL.pdf
- **Sorted Smart Investor** (cross-validation): https://smartinvestor.sorted.org.nz/kiwisaver-and-managed-funds/SCH10600/OFR10601/FND35028/
- **Manager website:** https://tahito.co.nz

## 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

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- **Structured data (JSON):** https://managedfunds.nz/funds/tahito/te-tai-o-rehua/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

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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.