INVESTNOW KIWISAVER SCHEME

Investnow Russell Investments Nz Fixed Interest Fund

Name: Investnow Russell Investments Nz Fixed Interest Fund — KiwiSaver scheme fund data
Creator: FUNDROCK NZ LIMITED
License: https://disclose-register.companiesoffice.govt.nz/

FUNDROCK NZ LIMITEDfundrock.com

Fund start date

05 October 2020

Data as at

31 March 2026

Defensive

About this defensive fund

Fee + return history

View detailed history →

Quarterly fees and after-tax returns recorded against this fund since inception. Sourced from FMA Disclose Quarterly Fund Updates. The detailed view shows the full chart + per-quarter data table.

PDS changes

View detailed PDS history →

Material changes to the Product Disclosure Statement over time — fee adjustments, asset-allocation shifts, scheme-rule amendments. Diff against the previous PDS shown side-by-side in the detailed view.

Holdings changes

View detailed holdings diff →

Top-10-holdings additions, removals, and weight changes across quarters. Shows the manager's actual portfolio decisions over time, sourced from the fund's Quarterly Fund Update.

SIPO changes

View detailed SIPO history →

Statement of Investment Policy and Objectives revisions — investment objective rewrites, asset-class target shifts, ESG policy changes, derivatives policy changes. The detailed view diffs against prior SIPO versions.

AI · API · Markdown

Machine-readable surface

Every fund page on FundCompare ships with structured JSON and a plain-markdown summary alongside the HTML — so LLMs, MCP clients, and analysts can cite the same regulator-sourced data the page renders. Source documents come from FMA Disclose, IRD, and Sorted Fund Finder.

Identifiers

FMA fund code: FND20549
FSP number: FSP127464
NZBN: 9429031398602
Provider: Fundrock
Scheme: INVESTNOW KIWISAVER SCHEME

Endpoints for Investnow Russell Investments Nz Fixed Interest Fund

GET/api/fund/Fundrock/investnow-russell-investments-nz-fixed-interest-fund/facts.jsonapplication/jsonStructured fund facts (fees, returns, asset mix, identifiers, sources).

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Fund Types

Holdings

As of 2026-03-31 Investnow Russell Investments Nz Fixed Interest Fund reports an asset mix of 0% growth assets (shares, listed property, alternatives) and 100% income assets (cash, bonds, fixed interest). This split is typical for a defensive fund. The full asset-mix breakdown including overseas vs domestic and listed vs unlisted exposure appears in the asset-allocation chart below.

Performance

Investnow Russell Investments Nz Fixed Interest Fund's most recent QFU is dated 2026-03-31. The fund has not yet reached a full 5-year reporting window, so the 5-year average is not reported. Past performance is not a reliable indicator of future returns.

Fees

At 0.49% in annual charges, Investnow Russell Investments Nz Fixed Interest Fund's fee sits 0.13 percentage points below the median for Defensive KiwiSaver scheme funds in our coverage (median 0.62%). 18 of the 49 funds in this cohort charge a lower annual fee (this fund ranks 19 cheapest of 49). Fee level is a mechanical signal — does not factor in returns, risk, or manager skill.

Risk and suitability

Investnow Russell Investments Nz Fixed Interest Fund carries a risk indicator of 3/7 on the FMA risk scale. Risk indicator 3-4 funds are typically considered for members with a medium investment horizon (3-10 years) or those balancing growth potential against shorter-term volatility. FundCompare does not provide personalised advice; consult a licensed financial adviser to understand whether this risk profile fits your circumstances.

Returns

N/A

Five Year Average Return

Returns (green) show the fund’s growth over the five years to 31 March 2026, after fees and taxes. Compare these results with the average Defensive KiwiSaver scheme fund (light green).

Fees

0.49%

One Year Average Fees

Fees shown here (blue) represent what you would pay over a year if you had $30,000 invested in this fund. Compare them with the average fees for Defensive KiwiSaver scheme funds (light blue).

Asset Mix

The fund’s mix of growth assets (shares, property) and income assets (bonds, cash) as of 31 March 2026. The average mix fordefensive KiwiSaver scheme funds is shown in light blue.

Asset mix

This fund's asset mix

Average for Defensive funds

Your investment mix shapes your outcome

The balance of assets you choose — your asset allocation, has the biggest impact on how your investments perform and how much their value may rise or fall along the way. Selecting that balance is crucial. By adjusting the proportion of growth-oriented investments you include, you’re effectively setting your preferred level of risk. Generally, taking on more risk can increase the potential for higher returns, but there’s never a guarantee — that’s the nature of risk. To find an allocation suited to your personal circumstances (sometimes called your risk profile), you can start with an investor risk questionnaire or a KiwiSaver-specific guide.

Top 10 investments

These assets make up 53.08% of this fund.

Asset	Asset Class	Type	Country	% of Fund
NZGB 4.50% 15/04/2027	Bonds	New Zealand fixed interest	NZ	8.14%
NZGB 3% 20/04/2029	Bonds	New Zealand fixed interest	NZ	7.47%
NZGV 0.25% 15/05/2028	Bonds	New Zealand fixed interest	NZ	6.22%
NZGB 3.5% 14/04/2033	Bonds	New Zealand fixed interest	NZ	6.01%
NZGB 4.50% 15/05/2030	Bonds	New Zealand fixed interest	NZ	5.19%
NZGB 1.5% 15/05/2031	Bonds	New Zealand fixed interest	NZ	5.18%
NZGV 4.5% 15/05/2035	Bonds	New Zealand fixed interest	NZ	4.20%
NZGB 0.5% 15/05/2026	Bonds	New Zealand fixed interest	NZ	3.71%
NZGB 2% 15/05/2032	Bonds	New Zealand fixed interest	NZ	3.63%
NZGB 4.25% 15/05/2034	Bonds	New Zealand fixed interest	NZ	3.33%

Fees

0.49%

This Fund

0.55%

Average Defensive Kiwisaver funds

The blue segment shows the annual fees you’d pay if you invested $30,000 in this fund. The grey segment represents the typical yearly fees for an average Defensive KiwiSaver scheme fund, so you can compare them directly.

Smaller Fees, Bigger Potential

When it comes to investing, spending more doesn’t automatically lead to stronger results. In fact, higher fund fees can often eat into your returns. Remember, what you keep is calculated after fees and taxes are deducted. Because no one can predict how any fund will perform, it’s generally wise to look for options with lower costs whenever you can.

Fees breakdown

Fee Type	% Over a year	Amount paid on a 30k balance
Management This fee is charged to you by the fund manager on the fund or an underlying fund, and is based on a percentage of your balance.	0.41% Average: 0.47%	$123.00 Average: $141.79
Other This is a summary of other potential costs not covered in the categories displayed.	0.08% Average: 0.05%	$24.00 Average: $15.28
Performance-based These fees are based on the performance of the fund or underlying fund. When the fund performs well, these will be higher.	— Average: 0.00%	$0.00 Average: $0.00
Membership You pay this membership charge (a flat fee) each year, regardless of your balance or the fund's performance.	0.00% Average: 0.05%	$0.00 Average: $15.54
Total combined fees These are a total of management and administration charges and performance-based fees over a year. They do not necessarily include fees for activities like transferring or withdrawing.	0.49% Average: 0.58%	$147.00 Average: $172.61

Returns

No five-year data available

This Fund

1.35%

Average Defensive Kiwisaver funds

Over the past five years, this fund delivered the average annual return shown here (in green) to investors, after fees and taxes (28% PIR) were applied. For comparison, the average return over the same period for all Defensive KiwiSaver scheme funds is shown in grey.

Returns: Reflecting the Past

Investing is about seeking returns, but the figures shown here represent historical performance—they cannot be relied upon to continue in the future. Selecting a fund solely based on past performance is not advisable. A well-informed decision should consider factors such as an appropriate investment mix for your goals and reasonable fees.

Quick examples

cURL

curl -s "https://fundcompare.co.nz/api/fund/Fundrock/investnow-russell-investments-nz-fixed-interest-fund/facts.json" | jq .

Python

import requests
data = requests.get("https://fundcompare.co.nz/api/fund/Fundrock/investnow-russell-investments-nz-fixed-interest-fund/facts.json").json()
print(data["fund_name" if "fund" == "fund" else "name"])

MCP (Claude Desktop / ChatGPT)

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claude mcp add --transport http fundcompare https://fundcompare.co.nz/mcp

# Cursor / Cline / Continue (settings JSON):
{ "mcpServers": { "fundcompare": { "url": "https://fundcompare.co.nz/mcp" } } }

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#   URL: https://fundcompare.co.nz/mcp

# Claude Desktop via JSON (uses npx mcp-remote bridge):
{ "mcpServers": { "fundcompare": {
  "command": "npx", "args": ["-y", "mcp-remote", "https://fundcompare.co.nz/mcp"]
} } }

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Important Information and Disclosure

The information provided on this website is not a recommendation to buy, sell, or hold any financial products. Nothing on this website constitutes financial advice for the purposes of the Financial Markets Conduct Act 2013. FundCompare.co.nz is not a licensed Financial Advice Provider.

Investing involves risk. The value of your KiwiSaver investment can go down as well as up, and you may get back less than you put in. Past performance is not a reliable indicator of future returns.

Before making any investment decision, you should read the Product Disclosure Statement (PDS) for the fund carefully. If you have questions or are unclear about the implications of your investment decision, you should seek advice from a licensed Financial Advice Provider.

All information displayed is sourced from KiwiSaver scheme providers, the Disclose Register, and the Sorted Smart Investor universal feed (operated by Te Ara Ahunga Ora Retirement Commission), or other publicly available sources. We take reasonable steps to ensure accuracy but cannot guarantee information is always current or complete.

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Asset liquidity ratio	100.00%
Total value of fund	$2274835
Debt ratio

Investnow Russell Investments Nz Fixed Interest Fund

About this defensive fund

Fee + return history

PDS changes

Holdings changes

SIPO changes

AI · API · Markdown

Identifiers

Endpoints for Investnow Russell Investments Nz Fixed Interest Fund

Compare

Fund Types

Holdings

Performance

Fees

Risk and suitability

Returns

Fees

Asset Mix

Key Takeaways

Asset mix

Your investment mix shapes your outcome

Top 10 investments

Fees

Smaller Fees, Bigger Potential

Fees breakdown

Returns

Returns: Reflecting the Past

Risks

Additional details

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Important Information and Disclosure

Recent material changes

Name	FUNDROCK NZ LIMITED
Type	NZ Limited Company
Website	fundrock.com
NZBN	9429031398602
FSP Number	FSP127464