New Zealand Fixed Interest: 5-year return leaderboard

Funds investing in New Zealand-issued government and corporate bonds. Generally lower-risk than equity funds; income-focused.

13 NZ Fixed Interest funds with five years of history, ranked by return after fees and tax. Figures observed 2026-05-22.

Category average

1.17%

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

Above average

5 / 13

funds beating the category average

Spread

1.87% – 0.53%

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	Mercer Macquarie NZ Short Duration Fund Mercer · NZ Fixed Interest	1.87%	+0.70	2.50%	3.69%		0.68%	2/7
2	Milford Trans-Tasman Bond Fund Milford · NZ Fixed Interest	1.66%	+0.49	1.88%	3.83%		0.65%	3/7
3	Amova Corporate Bond Fund Amova · NZ Fixed Interest	1.63%	+0.46	2.56%	—		0.70%	3/7
4	Harbour NZ Corporate Bond Fund Harbour · NZ Fixed Interest	1.57%	+0.40	3.05%	—		0.47%	3/7
5	Smart NZ Bond ETF Smartshares · NZ Fixed Interest	1.43%	+0.26	—	—	—	0.54%	3/7
6	SBS Wealth New Zealand Bond Portfolio SBS Wealth · NZ Fixed Interest	1.15%	-0.02	2.73%	—		0.78%	3/7
7	Harbour NZ Core Fixed Interest Fund Harbour · NZ Fixed Interest	1.13%	-0.04	2.90%	—		0.66%	3/7
8	NZ Funds New Zealand and Australian Bonds NZ Funds · NZ Fixed Interest	0.97%	-0.20	2.30%	—		1.44%	4/7
9	Russell Investments NZ Fixed Interest Fund Russell Investments · NZ Fixed Interest	0.85%	-0.32	2.39%	—		0.49%	3/7
10	Mercer Macquarie NZ Fixed Interest Fund Mercer · NZ Fixed Interest	0.71%	-0.46	2.56%	3.16%		0.60%	3/7
11	Fisher Funds New Zealand Fixed Income Trust Fisher Funds · NZ Fixed Interest	0.68%	-0.49	—	—	—	0.97%	3/7
12	ANZ Investments OneAnswer New Zealand Fixed Interest Fund ANZ Investments · NZ Fixed Interest	0.63%	-0.54	—	—	—	0.46%	3/7
13	Simplicity NZ Bond Fund Simplicity · NZ Fixed Interest	0.53%	-0.64	2.61%	3.09%		0.10%	4/7

— = 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 NZ Fixed Interest 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