Vanguard International Shares Select Exclusions Index Fund (Hedged) – NZD Class
Managed by Vanguard Vanguard International Shares Select Exclusions Index Fund (Hedged) – NZD Class is a international equities managed fund operated by Vanguard; an Australian Unit Trust (FIF for NZ investors). Headline terms: annual fund charge 0.26% · minimum investment NZ$50. Compared with 81 other same-category funds on this site, the 0.26% annual fund charge sits below the same-category median of 0.61%.
Foreign-tax (FIF) treatment — not a New Zealand PIE
This fund is structured as an Australian Unit Trust. NZ investors generally pay tax under the Foreign Investment Fund (FIF) rules and need to file an income-tax return each year disclosing FIF income. It does not qualify for the PIR-capped tax treatment that applies to NZ PIE funds. Consider tax implications carefully — and read the PIE vs FIF guide or check IRD's FIF guidance.
Annual fund charge
0.26%
Risk indicator
—
FIF funds are not on the FMA Disclose register; the issuer's PDS publishes a comparable risk band in Australia — check the manager's website.
5-year return p.a.
Less than 5 years of data
Fund size
—
NZD-hedged class of the same MSCI World ex Australia, ex Tobacco, ex Controversial Weapons, ex Nuclear Weapons Index strategy. Currency exposure on the international portfolio is hedged back to NZD, which removes most NZD/foreign-currency volatility but adds a hedging cost.
Key facts
Min. investment
NZ$50
Currency
NZD hedged
How this fund compares to peers
Mechanical comparison vs the 81 other international equities funds in our cohort. Source: FMA Disclose register via Sorted Smart Investor. Past performance is not a reliable indicator of future returns.
Annual fund charge
0.26%
Category median: 0.61%
Cheaper than 80% of peers
Illustrative 5y fee impact on a sample balance of $10,000
$129
Compounded charge over 5 years (excl. returns)
$172 less than peer median
Read the full fee-vs-peers breakdown →
Mechanical scores only — no opinion or recommendation. Different funds suit different investor goals. ManagedFundsNZ is not a Financial Advice Provider. Read the current PDS and consider speaking to a licensed financial adviser.
Documents
Every dated PDS, quarterly fund update and full-portfolio holdings file. Linked from the FMA Disclose register via Sorted Smart Investor.
About this category
Funds investing in shares listed outside Australasia. Includes broad global trackers, regional funds, ESG-focused strategies, and theme funds covering automation, healthcare, water and other sectors.
About Vanguard
Global passive-investment giant; international shares index funds available in NZ via PIE wrappers.
See all funds from Vanguard →Common questions
Questions people ask about Vanguard International Shares Select Exclusions Index Fund (Hedged) – NZD Class
Drawn from Google's "People also ask" panel and answered with reference to the fund's filed PDS, Fund Update and FMA Disclose data. Not personal financial advice — for guidance specific to your situation, consult an authorised financial adviser.
What does hedged international shares mean?
Hedged international shares use currency derivatives to offset fluctuations between the NZD and foreign currencies, so your returns reflect the underlying share performance rather than exchange-rate movements. This fund is NZD-hedged, meaning it aims to neutralise currency risk for NZ investors. Hedging involves costs and complexity; see the fund's Product Disclosure Statement on the manager website for mechanics and limitations.
Do Vanguard index funds have fees?
Yes. This fund charges an annual fund charge of 0.26% p.a., as disclosed in the latest Quarterly Fund Update. All managed funds carry fees; you can compare fund charges across the international equities category on this site and access full fee details via FMA Disclose.
Head-to-head
Compare Vanguard International Shares Select Exclusions Index Fund (Hedged) – NZD Class with…
Side-by-side numbers — fees, returns, risk, fund size, asset mix.
Peer funds
Other International Equities funds
AI & integrations
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Frequently asked questions
Mechanical Q&A grounded in the fund's PDS, SIPO, and latest QFU on the FMA Disclose register. Verify against the source before relying on any of this.
Who manages the Vanguard International Shares Select Exclusions Index Fund (Hedged) – NZD Class?
Vanguard International Shares Select Exclusions Index Fund (Hedged) – NZD Class is managed by Vanguard. Global passive-investment giant; international shares index funds available in NZ via PIE wrappers.
What asset class is the Vanguard International Shares Select Exclusions Index Fund (Hedged) – NZD Class?
It is a international equities managed fund. Funds investing in shares listed outside Australasia. Includes broad global trackers, regional funds, ESG-focused strategies, and theme funds covering automation, healthcare, water and other sectors.
What are the fees for the Vanguard International Shares Select Exclusions Index Fund (Hedged) – NZD Class?
The annual fund charge for the Vanguard International Shares Select Exclusions Index Fund (Hedged) – NZD Class is 0.26% p.a., as reported in the latest Quarterly Fund Update sourced from the FMA Disclose register. Always check the current PDS for any additional fees.
Is the Vanguard International Shares Select Exclusions Index Fund (Hedged) – NZD Class a PIE fund?
No. The Vanguard International Shares Select Exclusions Index Fund (Hedged) – NZD Class is structured as an Australian Unit Trust, not a New Zealand Portfolio Investment Entity (PIE). NZ investors generally pay tax under the Foreign Investment Fund (FIF) rules and need to file an income-tax return each year disclosing FIF income. Different from PIE funds where tax is capped at the Prescribed Investor Rate (PIR).
Is the Vanguard International Shares Select Exclusions Index Fund (Hedged) – NZD Class currency-hedged?
Yes. The Vanguard International Shares Select Exclusions Index Fund (Hedged) – NZD Class hedges its foreign-currency exposure back to NZD. This reduces the impact of NZD/foreign-currency movements on returns but adds a hedging cost.
How can I invest in the Vanguard International Shares Select Exclusions Index Fund (Hedged) – NZD Class?
The Vanguard International Shares Select Exclusions Index Fund (Hedged) – NZD Class is available via Vanguard directly. Always read the current Product Disclosure Statement before investing.
What does hedged international shares mean?
Hedged international shares use currency derivatives to offset fluctuations between the NZD and foreign currencies, so your returns reflect the underlying share performance rather than exchange-rate movements. This fund is NZD-hedged, meaning it aims to neutralise currency risk for NZ investors. Hedging involves costs and complexity; see the fund's Product Disclosure Statement on the manager website for mechanics and limitations.
Do Vanguard index funds have fees?
Yes. This fund charges an annual fund charge of 0.26% p.a., as disclosed in the latest Quarterly Fund Update. All managed funds carry fees; you can compare fund charges across the international equities category on this site and access full fee details via FMA Disclose.