Diversified Funds: 5-year return leaderboard

Multi-asset funds that hold a mix of shares, bonds, cash and sometimes property in a single portfolio. The mix determines the risk profile — aggressive funds hold more shares, conservative funds hold more bonds and cash.

42 Diversified funds with five years of history, ranked by return after fees and tax. Figures observed 2026-05-22.

Category average

3.87%

5-yr p.a., after fees & tax

Above average

19 / 42

funds beating the category average

Spread

7.92% – 0.15%

highest to lowest in category

#	Fund	5-yr returnp.a., after fees & tax	vs category avgpercentage points	1-yrlatest QFU	3-yr p.a.latest QFU	Annual fee	Risk
1	Clarity Diversified Growth Fund Clarity · Diversified	7.92%	+3.01	—	—	1.16%	4/7
2	SBS Wealth Growth Strategy SBS Wealth · Diversified	7.39%	+1.74	8.90%	—	1.17%	5/7
3	SBS Wealth High Growth Strategy SBS Wealth · Diversified	7.39%	+1.74	10.79%	—	1.17%	5/7
4	Milford Active Growth Fund Milford · Diversified	6.79%	+2.48	7.42%	9.46%	1.05%	4/7
5	Booster Socially Responsible High Growth Fund Booster · Diversified	6.76%	+1.11	5.74%	—	1.35%	5/7
6	Generate Focused Growth Managed Fund Generate · Diversified	6.34%	+1.43	8.76%	12.46%	1.35%	5/7
7	Foundation Series Growth Fund Foundation Series · Diversified	6.31%	+2.00	—	—	0.38%	4/7
8	Simplicity Growth Investment Fund Simplicity · Diversified	6.00%	+1.69	10.03%	10.61%	0.25%	4/7
9	Booster Shielded Growth Fund Booster · Diversified	5.13%	-0.52	7.57%	—	1.41%	4/7
10	Pathfinder Ethical Growth Fund Pathfinder · Diversified	4.82%	+0.51	8.81%	8.28%	1.31%	4/7
11	Foundation Series Balanced Fund Foundation Series · Diversified	4.77%	+1.00	—	—	0.36%	4/7
12	Milford Balanced Fund Milford · Diversified	4.74%	+0.97	4.17%	6.37%	1.05%	4/7
13	Summer Growth Selection Summer · Diversified	4.51%	-0.45	—	—	1.02%	4/7
14	Simplicity Balanced Investment Fund Simplicity · Diversified	4.34%	+0.57	7.82%	8.27%	0.25%	4/7
15	Booster Socially Responsible Balanced Fund Booster · Diversified	4.00%	+0.13	3.59%	—	1.33%	4/7
16	Castle Point 5 Oceans Fund Castle Point · Diversified	3.85%	+0.08	—	—	1.18%	3/7
17	Milford Diversified Income Fund Milford · Diversified	3.75%	+1.56	3.48%	5.29%	0.65%	3/7
18	ANZ Investments OneAnswer Balanced Growth Fund ANZ Investments · Diversified	3.69%	-0.62	—	—	0.95%	4/7
19	ANZ Investments OneAnswer Growth Fund ANZ Investments · Diversified	3.69%	-0.62	—	—	0.95%	4/7
20	Mercer Responsible Balanced Fund Mercer · Diversified	3.52%	-0.25	6.21%	—	1.25%	4/7
21	Summer Balanced Selection Summer · Diversified	3.36%	-0.51	—	—	1.02%	4/7
22	Harbour Income Fund Harbour · Diversified	3.18%	-0.59	3.42%	—	0.66%	3/7
23	Octagon Balanced Fund Octagon · Diversified	3.18%	-0.59	6.24%	—	1.17%	4/7
24	Fisher Funds Growth Fund Fisher Funds · Diversified	3.05%	-1.26	0.88%	—	1.46%	4/7
25	ANZ Investments OneAnswer Balanced Fund ANZ Investments · Diversified	2.96%	-0.81	—	—	0.90%	4/7
26	QuayStreet Income Fund QuayStreet · Diversified	2.90%	+1.73	—	—	0.77%	3/7
27	Clarity Diversified Income Fund Clarity · Diversified	2.89%	+0.70	—	—	0.96%	3/7
28	Milford Conservative Fund Milford · Diversified	2.50%	+0.31	1.83%	4.41%	0.85%	3/7
29	Mercer Income Generator Fund Mercer · Diversified	2.47%	-1.30	3.81%	3.59%	1.28%	4/7
30	Mint Diversified Growth Fund Mint · Diversified	2.43%	-1.88	—	—	1.21%	5/7
31	NZ Funds Wealth Builder - Inflation Strategy NZ Funds · Diversified	2.27%	-2.04	7.60%	—	1.58%	5/7
32	ANZ Investments OneAnswer Conservative Balanced Fund ANZ Investments · Diversified	2.24%	+0.05	—	—	0.75%	4/7
33	Summer Conservative Selection Summer · Diversified	2.17%	-0.19	—	—	0.87%	3/7
34	Simplicity Conservative Investment Fund Simplicity · Diversified	1.78%	-0.41	3.88%	4.68%	0.25%	3/7
35	Fisher Funds Conservative Fund Fisher Funds · Diversified	1.67%	-0.52	2.37%	—	1.35%	3/7
36	ANZ Investments OneAnswer Conservative Fund ANZ Investments · Diversified	1.62%	-0.57	—	—	0.63%	3/7
37	Mint Diversified Income Fund Mint · Diversified	1.35%	-0.84	—	—	1.01%	3/7
38	Harbour Balanced Growth Fund Harbour · Diversified	1.24%	-3.07	8.57%	—	1.04%	4/7
39	NZ Funds Wealth Builder - Growth Strategy NZ Funds · Diversified	0.96%	-3.95	8.01%	—	2.14%	6/7
40	NZ Funds Income Generator NZ Funds · Diversified	0.90%	-4.01	4.14%	—	1.67%	4/7
41	NZ Funds Wealth Builder - Income Strategy NZ Funds · Diversified	0.79%	-0.38	1.30%	—	1.20%	4/7
42	Harbour Sustainable Impact Fund Harbour · Diversified	0.15%	-4.76	-0.66%	—	0.27%	5/7

Other category leaderboards

Methodology & sources

Five-year return is the per-annum return after fund charges and tax published on Sorted Smart Investor, drawn from each fund's Quarterly Fund Update on the FMA Disclose register. "vs category average" is each fund's 5-year return minus the peer-group average for Diversified funds, in percentage points. Funds with less than five years of history are not ranked.

Past performance is not indicative of future returns. Fees, strategy, risk level and tax treatment all matter alongside historical return. ManagedFundsNZ provides information only, not personalised financial advice — for advice, see a licensed financial adviser.

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