Factual snapshot
Foundation Series — review
Mechanical, source-cited snapshot of Foundation Series's NZ retail managed-fund range. We don't rate or recommend — see a licensed financial adviser for personalised advice.
- Funds tracked
- 10
- Median annual fee
- 0.09%
- Median FMA risk
- 5/7
- Tracked NZ retail AUM
- $1.04 billion
Universe median 0.84%
Standardised 1–7 scale
Sum of fund sizes (10/10 on file)
About Foundation Series
Low-cost passive index funds issued by FundRock NZ, distributed through InvestNow.
- Legal name
- FundRock NZ Limited
- Parent
- InvestNow / Apex Group
Fee position vs peers
Per-asset-class median annual fund charge for Foundation Series vs the peer median across all other NZ managers in our coverage. Source: Sorted Smart Investor (FMA Disclose Quarterly Fund Updates).
| Asset class | Foundation Series funds | Foundation Series median fee | Peer median (n) | Position |
|---|---|---|---|---|
| International Equities | 7 | 0.07% | 0.75% (74) | priced 68 bps below the peer median (0.75%) |
| Diversified | 3 | 0.37% | 1.00% (64) | priced 63 bps below the peer median (1.00%) |
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 Foundation Series's 10 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.
Foundation Series's funds
- Foundation Series Balanced FundDiversifiedPIE · capped at PIR (max 28%) balanced0.36% fee 4/7 risk
- Foundation Series Growth FundDiversifiedPIE · capped at PIR (max 28%) growth0.38% fee 4/7 risk
- Foundation Series High Growth FundDiversifiedPIE · capped at PIR (max 28%) aggressive0.37% fee 5/7 risk
- Foundation Series Total World FundInternational EquitiesPIE · capped at PIR (max 28%)0.07% fee 5/7 risk
- Foundation Series Hedged Total World FundInternational EquitiesPIE · capped at PIR (max 28%) NZD hedged0.07% fee 5/7 risk
- Foundation Series US 500 FundInternational EquitiesPIE · capped at PIR (max 28%)0.03% fee 5/7 risk
- Foundation Series Hedged US 500 FundInternational EquitiesPIE · capped at PIR (max 28%) NZD hedged0.03% fee 6/7 risk
- Foundation Series Global ESG FundInternational EquitiesPIE · capped at PIR (max 28%) Responsible / ethical0.10% fee 5/7 risk
- Foundation Series Nasdaq-100 FundInternational EquitiesPIE · capped at PIR (max 28%) Thematic0.15% fee 6/7 risk
- Foundation Series US Dividend Equity FundInternational EquitiesPIE · capped at PIR (max 28%)0.06% fee 5/7 risk
Questions about Foundation Series
Is Foundation Series a good fund manager?
Whether Foundation Series 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: Foundation Series runs 10 retail managed funds in our coverage, with a median annual fund charge of 0.09% across that range (vs the NZ universe median of 0.84%), and a median FMA risk indicator of 5 out of 7. For personalised guidance, see a licensed financial adviser.
What does Foundation Series charge?
Foundation Series's 10 funds in our coverage carry a median annual fund charge of 0.09% (range 0.03% – 0.38%). 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 Foundation Series?
Across the 10 funds with on-file fund-size data, Foundation Series's tracked NZ retail AUM totals NZD 1.04 billion. 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. Foundation Series may manage materially larger assets in those categories.
Where is Foundation Series based?
Foundation Series (legal name: FundRock NZ Limited) is a NZ-distributed fund manager, part of InvestNow / Apex Group. Issued by FundRock NZ (part of global Apex Group); distributed through the InvestNow platform.
What kind of funds does Foundation Series run?
Foundation Series's range of 10 funds in our coverage is weighted toward international equities (7 funds). The range also includes 3 diversified funds. See the full list at /providers/foundation-series/.
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.