Question
What investment has the highest return in NZ?
Google's "People also ask" panel surfaces this question on the search results page for 76 of the 250 NZ retail managed funds in our coverage. The page below lists those funds and surfaces fund-specific answers drawn from each fund's filed PDS, Fund Update and FMA Disclose data.
These pages are not personal financial advice. Where a fund's answer is shown, it is generated mechanically from that fund's filed data — it does not constitute a recommendation. For guidance specific to your situation, consult an authorised financial adviser.
76 funds where Google surfaces this question
Ordered by annual fund charge from lowest. Funds without a published fee appear last.
| Fund | Manager | Category | Annual fund charge |
|---|---|---|---|
| Simplicity NZ Bond Fund | Simplicity | NZ Fixed Interest | 0.10% |
| Simplicity NZ Share Fund | Simplicity | Australasian Equities | 0.10% |
| Simplicity NZ Cash Fund | Simplicity | Cash | 0.12% |
| Simplicity Unhedged Global Share Fund | Simplicity | International Equities | 0.15% |
| Kernel Australia 100 Fund | Kernel | Australasian Equities | 0.25% |
| Kernel Balanced Fund | Kernel | Diversified | 0.25% |
| Kernel Cash Plus Fund | Kernel | Cash | 0.25% |
| Kernel Conservative Fund | Kernel | Diversified | 0.25% |
| Kernel High Growth Fund | Kernel | Diversified | 0.25% |
| Kernel NZ Commercial Property Fund | Kernel | Listed Property | 0.25% |
| Kernel S&P 500 (Unhedged) Fund | Kernel | International Equities | 0.25% |
| Simplicity Balanced Investment Fund | Simplicity | Diversified | 0.25% |
| Simplicity Conservative Investment Fund | Simplicity | Diversified | 0.25% |
| Simplicity Growth Investment Fund | Simplicity | Diversified | 0.25% |
| Simplicity High Growth Investment Fund | Simplicity | Diversified | 0.25% |
| Simplicity Homes and Income Investment Fund | Simplicity | Diversified | 0.25% |
| Mercer NZ Shares Passive Fund | Mercer | Australasian Equities | 0.36% |
| Foundation Series High Growth Fund | Foundation Series | Diversified | 0.37% |
| Kernel S&P Global Clean Energy Fund | Kernel | International Equities | 0.45% |
| ANZ Investments OneAnswer New Zealand Fixed Interest Fund | ANZ Investments | NZ Fixed Interest | 0.46% |
| ANZ Investments OneAnswer International Fixed Interest Fund | ANZ Investments | International FI | 0.49% |
| Russell Investments NZ Fixed Interest Fund | Russell Investments | NZ Fixed Interest | 0.49% |
| Mercer Macquarie NZ Fixed Interest Fund | Mercer | NZ Fixed Interest | 0.60% |
| Summer New Zealand Cash | Summer | Cash | 0.62% |
| ANZ Investments OneAnswer Conservative Fund | ANZ Investments | Diversified | 0.63% |
| Lifetime Cash Fund | Lifetime | Cash | 0.65% |
| Harbour NZ Core Fixed Interest Fund | Harbour | NZ Fixed Interest | 0.66% |
| Mercer Macquarie NZ Short Duration Fund | Mercer | NZ Fixed Interest | 0.68% |
| Booster Wealth Moderate Fund | Booster | Diversified | 0.74% |
| ANZ Investments OneAnswer Conservative Balanced Fund | ANZ Investments | Diversified | 0.75% |
| Harbour Real Estate Investment Fund | Harbour | Listed Property | 0.77% |
| Russell Investments NZ Shares Fund | Russell Investments | Australasian Equities | 0.78% |
| ANZ Investments OneAnswer International Listed Infrastructure Fund | ANZ Investments | International Equities | 0.84% |
| ANZ Investments OneAnswer Balanced Fund | ANZ Investments | Diversified | 0.90% |
| Booster Wealth Growth Fund | Booster | Diversified | 0.91% |
| ANZ Investments OneAnswer Balanced Growth Fund | ANZ Investments | Diversified | 0.95% |
| ANZ Investments OneAnswer Growth Fund | ANZ Investments | Diversified | 0.95% |
| ANZ Investments OneAnswer High Growth Fund | ANZ Investments | Diversified | 0.95% |
| ANZ Investments OneAnswer International Share Fund | ANZ Investments | International Equities | 0.96% |
| Booster Wealth High Growth Fund | Booster | Diversified | 0.96% |
| Fisher Funds New Zealand Fixed Income Trust | Fisher Funds | NZ Fixed Interest | 0.97% |
| Mint New Zealand SRI Equity Fund | Mint | Australasian Equities | 0.97% |
| ANZ Investments OneAnswer International Property Fund | ANZ Investments | Listed Property | 0.99% |
| Lifetime Balanced Fund | Lifetime | Diversified | 0.99% |
| Lifetime Conservative Fund | Lifetime | Diversified | 0.99% |
| Lifetime Growth Fund | Lifetime | Diversified | 0.99% |
| ANZ Investments OneAnswer New Zealand Share Fund | ANZ Investments | Australasian Equities | 1.05% |
| Milford Active Growth Fund | Milford | Diversified | 1.05% |
| ANZ Investments OneAnswer Property Securities Fund | ANZ Investments | Listed Property | 1.06% |
| ANZ Investments OneAnswer Australian Share Fund | ANZ Investments | Australasian Equities | 1.09% |
| Amova Concentrated Equity Fund | Amova | Australasian Equities | 1.15% |
| Milford Aggressive Fund | Milford | Diversified | 1.15% |
| Octagon New Zealand Equities Fund | Octagon | Australasian Equities | 1.17% |
| NZ Funds Wealth Builder - Income Strategy | NZ Funds | Diversified | 1.20% |
| TAHITO Te Tai o Rehua Fund | TAHITO | Australasian Equities | 1.26% |
| QuayStreet NZ Equity Fund | QuayStreet | Australasian Equities | 1.27% |
| Booster Socially Responsible Growth Fund | Booster | Diversified | 1.34% |
| Fisher Funds Conservative Fund | Fisher Funds | Diversified | 1.35% |
| Lifetime Retirement Income Fund | Lifetime | Diversified | 1.36% |
| Booster Shielded Growth Fund | Booster | Diversified | 1.41% |
| Fisher Funds New Zealand Growth Fund | Fisher Funds | Australasian Equities | 1.42% |
| NZ Funds Global Bonds | NZ Funds | International FI | 1.44% |
| NZ Funds New Zealand and Australian Bonds | NZ Funds | NZ Fixed Interest | 1.44% |
| ACI Conservative Fund | ACI | Diversified | 1.50% |
| ACI Growth Fund | ACI | Diversified | 1.61% |
| Pie Global Growth Fund 2 | Pie Funds | International Equities | 1.61% |
| Fisher Funds Global Fund | Fisher Funds | International Equities | 1.64% |
| NZ Funds Income Generator | NZ Funds | Diversified | 1.67% |
| Pie Growth UK & Europe Fund | Pie Funds | International Equities | 1.85% |
| NZ Funds Wealth Builder - Growth Strategy | NZ Funds | Diversified | 2.14% |
| NZ Funds Global Property | NZ Funds | Listed Property | 2.52% |
| NZ Funds New Zealand Property and Retirement Villages | NZ Funds | Listed Property | 2.52% |
| NZ Funds New Zealand and Australian Shares | NZ Funds | Australasian Equities | 2.52% |
| NZ Funds Global Infrastructure | NZ Funds | Other | 2.53% |
| NZ Funds Global Utilities | NZ Funds | International Equities | 2.53% |
| NZ Funds Global Shares | NZ Funds | International Equities | 3.12% |
Fund-specific answers
Where we've already produced an answer for a fund whose Google PAA includes this question, that answer is shown below — grounded in the fund's own filed data. Not personal financial advice.
ANZ Investments OneAnswer International Fixed Interest Fund
What investment has the highest return in NZ?
Returns vary significantly by fund, asset class, and time period. ANZ Investments OneAnswer International Fixed Interest Fund returned 0.57% p.a. after fees and before tax over the 5-year period as at the latest QFU, reflecting its ~99.69% allocation to income assets. Compare returns across funds in our coverage using FMA Disclose data at https://disclose-register.companiesoffice.govt.nz/.
View ANZ Investments OneAnswer International Fixed Interest Fund pageRussell Investments NZ Fixed Interest Fund
What investment has the highest return in NZ?
Returns vary significantly by asset class, fund manager, and time period. This Russell Investments NZ Fixed Interest Fund returned 0.54% p.a. after fees (before tax) over the 5 years to the latest QFU, reflecting income asset positioning. Compare returns across funds in our coverage or consult FMA Disclose for peer-cohort benchmarks.
View Russell Investments NZ Fixed Interest Fund pageHarbour NZ Core Fixed Interest Fund
What investment has the highest return in NZ?
Past returns vary across asset classes and individual funds; the Harbour NZ Core Fixed Interest Fund achieved a 5-year return after fees of 0.82% p.a. based on FMA Disclose data. Higher historical returns typically correlate with higher risk; review the fund's risk indicator (3/7) and asset allocation (99.87% income assets, 0.13% growth assets) against your risk appetite. For current return comparisons across funds, consult the FMA Disclose Register or speak with a financial adviser.
View Harbour NZ Core Fixed Interest Fund pageANZ Investments OneAnswer New Zealand Share Fund
What investment has the highest return in NZ?
We cannot identify which investment has the highest return, as returns vary by time period, asset class, and market conditions. Past returns do not guarantee future performance. You can compare historical returns across funds in our coverage, and view detailed performance data on the FMA Disclose register at https://disclose-register.companiesoffice.govt.nz/.
View ANZ Investments OneAnswer New Zealand Share Fund pageOctagon New Zealand Equities Fund
What investment has the highest return in NZ?
Returns vary significantly across asset classes, fund managers, and timeframes. Historical returns are published on the FMA Disclose register and in fund Product Disclosure Statements. Any fund comparison should account for risk (Octagon New Zealand Equities Fund carries a 5/7 risk indicator), fees, and your investment timeframe.
View Octagon New Zealand Equities Fund pageTAHITO Te Tai o Rehua Fund
What investment has the highest return in NZ?
Returns vary by asset class, market conditions, and time horizon. TAHITO Te Tai o Rehua Fund (an Australasian Equities fund) returned 3.59% p.a. after fees over the past 5 years as at the latest QFU; compare this against other funds in our coverage via FMA Disclose (https://disclose-register.companiesoffice.govt.nz/) to see historical returns across different fund types and managers.
View TAHITO Te Tai o Rehua Fund pageQuayStreet NZ Equity Fund
What investment has the highest return in NZ?
Returns vary significantly across asset classes, funds, and time periods. QuayStreet NZ Equity Fund is classified as an Australasian Equities fund with a 5-year return of 7.14% p.a. after fees; to compare returns across different fund categories and managers, use the FMA Disclose register at https://disclose-register.companiesoffice.govt.nz/.
View QuayStreet NZ Equity Fund pageBooster Shielded Growth Fund
What investment has the highest return in NZ?
Historical returns vary significantly by asset class and timeframe. Booster Shielded Growth Fund returned 5.13% p.a. after fees over the past 5 years as at the latest QFU; you can compare this against other funds in our database using the performance and returns filter.
View Booster Shielded Growth Fund pageNZ Funds New Zealand and Australian Bonds
What investment has the highest return in NZ?
Different investment types deliver different returns depending on market conditions and time horizons. This fund's 5-year return after fees and before tax was 0.97% p.a. as at the latest disclosure. For a comparison of returns across different fund categories, use the fund comparison tools on this website or check the FMA Disclose register.
View NZ Funds New Zealand and Australian Bonds pageNZ Funds Wealth Builder - Growth Strategy
What investment has the highest return in NZ?
Returns vary significantly by fund, asset class, and time period. The NZ Funds Wealth Builder - Growth Strategy achieved 0.96% p.a. after fees over 5 years as at the latest QFU; for a broader comparison of returns across funds in your category of interest, check the FMA Disclose register at https://disclose-register.companiesoffice.govt.nz/.
View NZ Funds Wealth Builder - Growth Strategy pageOther questions people ask about NZ managed funds
Source: top-15 questions from the People-also-ask panel across 250-fund Google SERP sweep run 2026-05-25. Methodology: /methodology.