Funds

Private Wealth Series Immigration Investor Series NZ Bond Fund

Fund type: Defensive fund

Past Returns: No 3 year data yet
Returns are the average of the latest 3 years of data reported, after fees and taxes. This fund does not yet have 3 years of data.
Annual Fees: 0.5%
Annual fees, including management and administration fees, but not membership fee. Please note that lower fees don’t always mean higher net returns.

Companies of Concern

This fund has no investments in issues of concern.

From the Fund Provider

  • About this fund

    About this Fund

    Fund type: Defensive fund

    Past Returns: No 3 year data yet
    Returns are the average of the latest 3 years of data reported, after fees and taxes. This fund does not yet have 3 years of data.
    Annual Fees: 0.5%
    Annual fees, including management and administration fees, but not membership fee. Please note that lower fees don’t always mean higher net returns.

    In their own words

    The NZ Bond Fund invests s in New Zealand fixed interest securities, primarily investment-grade government and corporate bonds. It aims to provide a gross return in excess of its benchmark index, over the medium term.

    Value $1.3M NZD
    Period of data report 30th Sept. 2025
    Fund started 22nd Sept. 2025
    Total annual fund fees 0.5%
    Total performance based fees 0.0%
    Manager's basic fee 0.5%
    Other management and administration charges 0.0%
    Total other charges 0.0
    Total other charges currency NZD

    Key Personnel

    Andrew Bascand

    Currently: Chair, Investment Committee (0 years, 7 months)
    Previously: ​Managing Director, Harbour Asset Management Ltd (other position) (15 years, 9 months)

    Richard Ansell

    Currently: Member, Investment Committee (0 years, 7 months)
    Previously: Independent Director, BNZ Investment Services Ltd (other position) (6 years, 7 months)

    Louis Nel

    Currently: Member, Investment Committee (0 years, 7 months)
    Previously: Head of External Managers & Partnerships, Harbour Asset Management Limited (other position) (1 years, 2 months)

    Murray Brown

    Currently: Member, Investment Committee (0 years, 7 months)
    Previously: Independent Director, Harbour Asset Management Ltd (other position) (5 years, 7 months)

    Hamish Pepper [New]

    Currently: Member, Investment Committee (0 years, 1 months)
    Previously: Head of Multi-Asset & Global Investments, Harbour Asset Management Ltd (other position) (0 years, 1 months)

    This information has been sourced from the quarterly data that each fund has filed with Disclose register to 30th Sept. 2025.

  • Past Returns

    Past Returns

    Past annual returns for this fund are after fees and taxes. Please note that higher past returns do not always mean higher future returns.

    Year Market Average Fund Annual Return

    The market average is the average return for funds of the same risk category, sourced from the Commission for Financial Capability's Sorted website. The fund information has been sourced from the quarterly data that each fund has filed with Disclose register to 30th Sept. 2025.

  • Investments

    Top 10 Investments

    • New Zealand (Local Government Funding Agency) 2.25% 15/05/2028

      New Zealand NZ Fixed Interest AAA

      11.25%

    • Housing New Zealand Ltd 2.183% 24/04/2030

      New Zealand NZ Fixed Interest AAA

      10.74%

    • Westpac New Zealand Ltd 3.696% 16/02/2027

      New Zealand NZ Fixed Interest AA-

      6.98%

    • ANZ Bank New Zealand Ltd 4.63% 20/02/2030

      New Zealand NZ Fixed Interest AA-

      5.5%

    • Kiwi 6.254% 19/10/2028 6.254% 19/10/2028

      New Zealand NZ Fixed Interest

      5.29%

    • New Zealand (Government) 1.5% 15/05/2031

      New Zealand NZ Fixed Interest AAA

      5.19%

    • Dunedin City Treasury Ltd 3.22% 27/11/2028

      New Zealand NZ Fixed Interest AA-

      5.03%

    • New Zealand (Government) Inflation Index Bond 3.9705% 20/09/2030

      New Zealand NZ Fixed Interest AAA

      4.57%

    • Mufgbnk Nfix3Fra + 85 24/11/2026

      New Zealand NZ Fixed Interest A

      4.55%

    • Toyota Finance New Zealand Ltd 4.844% 30/09/2031

      New Zealand NZ Fixed Interest A+

      4.28%
    Type Target Actual
    Cash and Cash Equivalents 0.0% 0.08%
    New Zealand Fixed Interest 100.0% 99.92%
    International Fixed Interest 0.0% 0.0%
    Australasian Equities 0.0% 0.0%
    International Equities 0.0% 0.0%
    Listed Properties 0.0% 0.0%
    Unlisted Properties 0.0% 0.0%
    Other 0.0% 0.0%
    Commodities 0.0% 0.0%

    Investment Mix

    How the money in this fund is invested by asset type.

    This information has been sourced from the quarterly data that each fund has filed with Disclose register to 30th Sept. 2025.

This data is compiled by Mindful Money from the fund information and portfolios that each fund has filed with the Disclose register to 30th Sept. 2025 and Mindful Money analysis of funds within those portfolios. The list of companies of concern has been drawn from ratings agencies and public sources, including the Norwegian Sovereign Fund, NZ Super Fund, Sustainalytics and research organisations.

Please note that companies may breach more than one of these areas of concern.

The listing of companies of concern is based on definitions used in Mindful Money's methodology. These definitions may be different from the exclusions policy and definitions applied by the fund provider.

Mindful Money uses the term Mindful Funds as our standard for ethical investment and responsible investment. This does not imply that other funds are unethical or that the fund providers that do not meet these standards are unethical providers.

Issues of Concern

  • 0.0% Environmental Harm
  • 0.0% Fossil Fuels
  • 0.0% Animal Cruelty
  • 0.0% Human Rights Violations
  • 0.0% Social Harm
  • 0.0% Weapons

Companies of Concern

This fund has no investments in issues of concern.

About this Fund

Fund type: Defensive fund

Past Returns: No 3 year data yet
Returns are the average of the latest 3 years of data reported, after fees and taxes. This fund does not yet have 3 years of data.
Annual Fees: 0.5%
Annual fees, including management and administration fees, but not membership fee. Please note that lower fees don’t always mean higher net returns.

In their own words

The NZ Bond Fund invests s in New Zealand fixed interest securities, primarily investment-grade government and corporate bonds. It aims to provide a gross return in excess of its benchmark index, over the medium term.

Value $1.3M NZD
Period of data report 30th Sept. 2025
Fund started 22nd Sept. 2025
Total annual fund fees 0.5%
Total performance based fees 0.0%
Manager's basic fee 0.5%
Other management and administration charges 0.0%
Total other charges 0.0
Total other charges currency NZD

Key Personnel

Andrew Bascand

Currently: Chair, Investment Committee (0 years, 7 months)
Previously: ​Managing Director, Harbour Asset Management Ltd (other position) (15 years, 9 months)

Richard Ansell

Currently: Member, Investment Committee (0 years, 7 months)
Previously: Independent Director, BNZ Investment Services Ltd (other position) (6 years, 7 months)

Louis Nel

Currently: Member, Investment Committee (0 years, 7 months)
Previously: Head of External Managers & Partnerships, Harbour Asset Management Limited (other position) (1 years, 2 months)

Murray Brown

Currently: Member, Investment Committee (0 years, 7 months)
Previously: Independent Director, Harbour Asset Management Ltd (other position) (5 years, 7 months)

Hamish Pepper [New]

Currently: Member, Investment Committee (0 years, 1 months)
Previously: Head of Multi-Asset & Global Investments, Harbour Asset Management Ltd (other position) (0 years, 1 months)

This information has been sourced from the quarterly data that each fund has filed with Disclose register to 30th Sept. 2025.

Past Returns

Past annual returns for this fund are after fees and taxes. Please note that higher past returns do not always mean higher future returns.

Year Market Average Fund Annual Return

The market average is the average return for funds of the same risk category, sourced from the Commission for Financial Capability's Sorted website. The fund information has been sourced from the quarterly data that each fund has filed with Disclose register to 30th Sept. 2025.

Top 10 Investments

  • New Zealand (Local Government Funding Agency) 2.25% 15/05/2028

    New Zealand NZ Fixed Interest AAA

    11.25%

  • Housing New Zealand Ltd 2.183% 24/04/2030

    New Zealand NZ Fixed Interest AAA

    10.74%

  • Westpac New Zealand Ltd 3.696% 16/02/2027

    New Zealand NZ Fixed Interest AA-

    6.98%

  • ANZ Bank New Zealand Ltd 4.63% 20/02/2030

    New Zealand NZ Fixed Interest AA-

    5.5%

  • Kiwi 6.254% 19/10/2028 6.254% 19/10/2028

    New Zealand NZ Fixed Interest

    5.29%

  • New Zealand (Government) 1.5% 15/05/2031

    New Zealand NZ Fixed Interest AAA

    5.19%

  • Dunedin City Treasury Ltd 3.22% 27/11/2028

    New Zealand NZ Fixed Interest AA-

    5.03%

  • New Zealand (Government) Inflation Index Bond 3.9705% 20/09/2030

    New Zealand NZ Fixed Interest AAA

    4.57%

  • Mufgbnk Nfix3Fra + 85 24/11/2026

    New Zealand NZ Fixed Interest A

    4.55%

  • Toyota Finance New Zealand Ltd 4.844% 30/09/2031

    New Zealand NZ Fixed Interest A+

    4.28%
Type Target Actual
Cash and Cash Equivalents 0.0% 0.08%
New Zealand Fixed Interest 100.0% 99.92%
International Fixed Interest 0.0% 0.0%
Australasian Equities 0.0% 0.0%
International Equities 0.0% 0.0%
Listed Properties 0.0% 0.0%
Unlisted Properties 0.0% 0.0%
Other 0.0% 0.0%
Commodities 0.0% 0.0%

Investment Mix

How the money in this fund is invested by asset type.

This information has been sourced from the quarterly data that each fund has filed with Disclose register to 30th Sept. 2025.

This data is compiled by Mindful Money from the fund information and portfolios that each fund has filed with the Disclose register to 30th Sept. 2025 and Mindful Money analysis of funds within those portfolios. The list of companies of concern has been drawn from ratings agencies and public sources, including the Norwegian Sovereign Fund, NZ Super Fund, Sustainalytics and research organisations.

Please note that companies may breach more than one of these areas of concern.

The listing of companies of concern is based on definitions used in Mindful Money's methodology. These definitions may be different from the exclusions policy and definitions applied by the fund provider.

Mindful Money uses the term Mindful Funds as our standard for ethical investment and responsible investment. This does not imply that other funds are unethical or that the fund providers that do not meet these standards are unethical providers.