Factual snapshot
Clarity — review
Mechanical, source-cited snapshot of Clarity's NZ retail managed-fund range. We don't rate or recommend — see a licensed financial adviser for personalised advice.
- Funds tracked
- 9
- Median annual fee
- 1.06%
- Median FMA risk
- 4/7
- Tracked NZ retail AUM
- $985.6 million
Universe median 0.84%
Standardised 1–7 scale
Sum of fund sizes (9/9 on file)
About Clarity
NZ-owned manager of the Clarity Funds Scheme — diversified, fixed-income, dividend-yield and Capital Group-partnered global strategies. Co-tenants the scheme with TAHITO.
- Legal name
- Clarity Capital Group Limited
- Headquarters
- Auckland
Fee position vs peers
Per-asset-class median annual fund charge for Clarity vs the peer median across all other NZ managers in our coverage. Source: Sorted Smart Investor (FMA Disclose Quarterly Fund Updates).
| Asset class | Clarity funds | Clarity median fee | Peer median (n) | Position |
|---|---|---|---|---|
| International Equities | 3 | 1.06% | 0.59% (78) | priced 47 bps above the peer median (0.59%) |
| Diversified | 2 | 1.06% | 0.99% (65) | priced 7 bps above the peer median (0.99%) |
| Australasian Equities | 2 | 1.06% | 0.99% (56) | priced 7 bps above the peer median (0.99%) |
| International FI | 1 | 0.70% | 0.70% (30) | priced in line with the peer median (0.70%) |
| Cash | 1 | 0.26% | 0.43% (4) | priced 17 bps below the peer median (0.43%) |
Fee is the headline ongoing cost; strategy mix, hedging, performance fees and net return after fees also matter when comparing options.
Risk profile mix
Distribution of Clarity's 9 funds across the FMA's standardised 1–7 risk indicator. The indicator is calculated from each fund's past five years of unit-price volatility and published on every Quarterly Fund Update.
Clarity's funds
- Clarity - Capital Group New Perspective FundInternational EquitiesPIE · capped at PIR (max 28%) growth1.21% fee 5/7 risk
- Clarity Diversified Growth FundDiversifiedPIE · capped at PIR (max 28%) growth1.16% fee 4/7 risk
- Clarity Diversified Income FundDiversifiedPIE · capped at PIR (max 28%) income0.96% fee 3/7 risk
- Clarity Dividend Yield FundInternational EquitiesPIE · capped at PIR (max 28%) growth1.06% fee 4/7 risk
- Clarity Fixed Income FundInternational FIPIE · capped at PIR (max 28%) conservative0.70% fee 3/7 risk
- Clarity Global Shares FundInternational EquitiesPIE · capped at PIR (max 28%) growth1.06% fee 5/7 risk
- Clarity New Zealand Equity FundAustralasian EquitiesPIE · capped at PIR (max 28%) growth1.06% fee 4/7 risk
- Clarity Trans-Tasman Value FundAustralasian EquitiesPIE · capped at PIR (max 28%) growth1.06% fee 4/7 risk
- Clarity Enhanced Cash PIECashPIE · capped at PIR (max 28%) conservative0.26% fee 1/7 risk
Questions about Clarity
Is Clarity a good fund manager?
Whether Clarity suits any individual investor depends on the investor's goals, time horizon, risk tolerance, and how the fund fits an existing portfolio — factors that vary by individual. On this site we surface mechanical, comparable data points: Clarity runs 9 retail managed funds in our coverage, with a median annual fund charge of 1.06% across that range (vs the NZ universe median of 0.84%), and a median FMA risk indicator of 4 out of 7. For personalised guidance, see a licensed financial adviser.
What does Clarity charge?
Clarity's 9 funds in our coverage carry a median annual fund charge of 1.06% (range 0.26% – 1.21%). The annual fund charge is the headline ongoing cost disclosed on every Quarterly Fund Update on the FMA Disclose register. Cross-validate via the per-fund pages, which link to source documents.
How big is Clarity?
Across the 9 funds with on-file fund-size data, Clarity's tracked NZ retail AUM totals NZD 985.6 million. This is the sum of fund sizes disclosed in each fund's most recent Quarterly Fund Update on FMA Disclose and excludes KiwiSaver, wholesale and Australian-domiciled assets. Clarity may manage materially larger assets in those categories.
Where is Clarity based?
Clarity (legal name: Clarity Capital Group Limited) is headquartered in Auckland.
What kind of funds does Clarity run?
Clarity's range of 9 funds in our coverage is weighted toward international equities (3 funds). The range also includes 2 diversified funds and 2 australasian equities funds. See the full list at /providers/clarity/.
Other managers running international equities funds
How we built this snapshot
Fund counts and category mix are from src/data/funds.ts (Range of Funds reconciled to the InvestNow + Sharesies + manager-direct universe). Annual fund charge, FMA risk indicator, five-year return and fund size are extracted from each fund's Quarterly Fund Update via Sorted Smart Investor (a Te Ara Ahunga Ora / Retirement Commission service that mirrors the FMA Disclose register). Cross-validate via each per-fund page, which links to the source PDS and Fund Update on FMA Disclose.
ManagedFundsNZ provides information only, not personalised financial advice. For advice, see a licensed financial adviser.