Factual snapshot
Summer — review
Mechanical, source-cited snapshot of Summer's NZ retail managed-fund range. We don't rate or recommend — see a licensed financial adviser for personalised advice.
- Funds tracked
- 8
- Median annual fee
- 1.02%
- Median FMA risk
- 4/7
- Tracked NZ retail AUM
- $321.2 million
Universe median 0.84%
Standardised 1–7 scale
Sum of fund sizes (8/8 on file)
About Summer
Forsyth Barr-owned retail investment brand with a Selection multi-asset range and single-asset-class index funds.
- Legal name
- Forsyth Barr Investment Management Limited
- Headquarters
- Dunedin
- Parent
- Forsyth Barr
Fee position vs peers
Per-asset-class median annual fund charge for Summer vs the peer median across all other NZ managers in our coverage. Source: Sorted Smart Investor (FMA Disclose Quarterly Fund Updates).
| Asset class | Summer funds | Summer median fee | Peer median (n) | Position |
|---|---|---|---|---|
| Diversified | 3 | 1.02% | 0.99% (64) | priced in line with the peer median (0.99%) |
| Australasian Equities | 1 | 1.02% | 1.00% (57) | priced in line with the peer median (1.00%) |
| International Equities | 1 | 1.02% | 0.60% (80) | priced 42 bps above the peer median (0.60%) |
| International FI | 1 | 0.87% | 0.69% (30) | priced 18 bps above the peer median (0.69%) |
| Listed Property | 1 | 1.02% | 1.04% (14) | priced in line with the peer median (1.04%) |
| Cash | 1 | 0.62% | 0.26% (4) | priced 37 bps above the peer median (0.26%) |
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 Summer's 8 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.
Summer's funds
- Summer Australian EquitiesAustralasian EquitiesPIE · capped at PIR (max 28%) growth1.02% fee 5/7 risk
- Summer Balanced SelectionDiversifiedPIE · capped at PIR (max 28%) balanced1.02% fee 4/7 risk
- Summer Conservative SelectionDiversifiedPIE · capped at PIR (max 28%) conservative0.87% fee 3/7 risk
- Summer Global EquitiesInternational EquitiesPIE · capped at PIR (max 28%) growth1.02% fee 5/7 risk
- Summer Global Fixed InterestInternational FIPIE · capped at PIR (max 28%) conservative0.87% fee 3/7 risk
- Summer Growth SelectionDiversifiedPIE · capped at PIR (max 28%) growth1.02% fee 4/7 risk
- Summer Listed PropertyListed PropertyPIE · capped at PIR (max 28%) balanced1.02% fee 5/7 risk
- Summer New Zealand CashCashPIE · capped at PIR (max 28%) conservative0.62% fee 1/7 risk
Questions about Summer
Is Summer a good fund manager?
Whether Summer 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: Summer runs 8 retail managed funds in our coverage, with a median annual fund charge of 1.02% 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 Summer charge?
Summer's 8 funds in our coverage carry a median annual fund charge of 1.02% (range 0.62% – 1.02%). 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 Summer?
Across the 8 funds with on-file fund-size data, Summer's tracked NZ retail AUM totals NZD 321.2 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. Summer may manage materially larger assets in those categories.
Where is Summer based?
Summer (legal name: Forsyth Barr Investment Management Limited) is headquartered in Dunedin, part of Forsyth Barr. Summer is the retail investment brand of Forsyth Barr, a NZ-owned wealth-management and investment firm.
What kind of funds does Summer run?
Summer's range of 8 funds in our coverage is weighted toward diversified (3 funds). The range also includes 1 australasian equities fund and 1 international equities fund. See the full list at /providers/summer/.
Other managers running diversified 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.