How we source and rate funds

Primary sources

• FMA Disclose register — the official New Zealand register of licensed managed investment schemes. Source of fund existence, manager identity, PDS documents, fees and returns disclosures.
• Fund manager websites — unit prices, fact sheets and supplemental performance data, fetched weekly.
• IRD — PIE tax rules, PIR thresholds and tax treatment guidance.
• Sorted Smart Investor — used as a cross-validation anchor only; not a primary source.

What we do not do

• We do not publish a "best fund" list, a star rating, or any subjective ranking.
• We do not accept paid placement or sponsored fund profiles.
• We are not a licensed financial adviser. We do not provide personalised advice.

Data freshness

• Fund register and fees: refreshed daily from FMA Disclose.
• Returns: refreshed monthly when manager fact sheets are published.
• PDS documents: re-fetched weekly; if the version differs from the last copy, we record a diff.
• Every fact-bearing data point on the site shows its source URL and the date we observed it.

Confidence tiers

Every sourced data point is tagged A, B, C or D:

• A — direct from FMA Disclose or the fund manager's signed PDS.
• B — fund manager website (fact sheet, performance page).
• C — third-party aggregator (Sorted, Morningstar) used for cross-checking.
• D — derived or estimated. Always shown explicitly.

Corrections

If you find an error, email hello@managedfunds.nz. We correct verified errors within one working day and log the change.