Listed Property: 5-year return leaderboard

Funds investing in listed property companies and Real Estate Investment Trusts (REITs). Provides equity-like exposure to commercial, industrial, retail and residential property.

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

Category average

4.91%

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

Above average

0 / 12

funds beating the category average

Spread

4.56% – 0.80%

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	Track recordgrowth, year by year	Annual fee	Risk
1	Fisher Funds Property & Infrastructure Fund Fisher Funds · Listed Property	4.56%	-0.35	6.31%	—		1.53%	4/7
2	ANZ Investments OneAnswer Property Securities Fund ANZ Investments · Listed Property	4.18%	-0.73	—	—	—	1.06%	5/7
3	ANZ Investments OneAnswer International Property Fund ANZ Investments · Listed Property	3.11%	-2.54	—	—	—	0.99%	6/7
4	Smart Australian Property ETF Smartshares · Listed Property	3.03%	-1.88	—	—	—	0.54%	6/7
5	Smart NZ Property ETF Smartshares · Listed Property	3.03%	-1.88	—	—	—	0.54%	5/7
6	Kernel NZ Commercial Property Fund Kernel · Listed Property	2.75%	-2.16	7.45%	—		0.25%	5/7
7	Summer Listed Property Summer · Listed Property	2.69%	-2.96	—	—	—	1.02%	5/7
8	Mint Australasian Property Fund Mint · Listed Property	2.51%	-2.40	-3.73%	-1.98%		1.07%	5/7
9	Salt Enhanced Property Fund Salt · Listed Property	1.67%	-3.24	5.72%	6.86%		1.02%	5/7
10	Harbour Real Estate Investment Fund Harbour · Listed Property	1.51%	-3.40	4.22%	—		0.77%	5/7
11	Mercer Global Listed Real Estate Fund Mercer · Listed Property	0.87%	-4.04	7.18%	5.52%		1.33%	6/7
12	Pathfinder Global Property Fund Pathfinder · Listed Property	0.80%	-4.11	3.65%	—		1.00%	5/7

— = not available. The 5-year return, annual fee and risk indicator come from Sorted Smart Investor (FMA Disclose). The 1-year, 3-year and track-record columns are shown only where the fund's latest Quarterly Fund Update has been ingested — they appear blank for funds we haven't yet refreshed, and for funds with under that much history. The track record is a year-by-year trajectory of a notional amount compounded by each disclosed after-fee net return — a track-record glyph, not a unit price. Past returns are not a guide to future returns.

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 Listed Property 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.

Sorted Smart Investor