Russell Investments

Fixed interest, NZ fixed interest and credit

Russell Investments NZ Fixed Interest Fund

Russell Investments NZ Fixed Interest Fund is a PIE Fund and actively managed portfolio of what we consider to be quality New Zealand fixed interest investments designed for investors who wish to invest in a broadly diversified portfolio of fixed interest securities.

Risk indicator

3 out of 7

Higher numbers mean bigger ups and downs in value.

Estimated fund charge

0.49% p.a.

Set by the fund manager. No InvestNow account fees.

Minimum investment

$250

Or $50 per fund with a Regular Investment Plan.

Unit price

$1.2007

As at 30/10/2026. Buy/sell spread 0.08% / 0.08%.

Download unit price history (CSV)

About this fund

Invest in this fund

Before investing, read the Product Disclosure Statement and latest fund update.

Fund facts

Investment manager

Russell Investments

Fund type

Managed fund (PIE)

Asset class

Fixed interest, NZ fixed interest and credit

Management style

Active

Inception date

14/02/2013

Fund size

$162.16M as at 30/10/2026

Distributions

Semi-annually

Regular Investment Plan

Not available

InvestNow KiwiSaver

Available

View Russell Investments

Fund performance

Returns are shown after fund fees and before tax, as at 31/10/2026. Periods longer than one year are annualised.

Growth of $10,000

Russell Investments NZ Fixed Interest Fund

1 month

3 months

1 year

3 years

5 years

10 years

Since inception

Russell Investments NZ Fixed Interest Fund

1.35%

0.39%

0.35%

6.09%

2.35%

2.21%

2.83%

Past performance is not a guarantee of future returns. Returns exclude buy/sell spreads and transaction fees.

What the fund invests in

A snapshot of the fund’s investments, updated from the manager’s latest fund update.

Asset allocation

International fixed interest

99.2%

Cash

0.8%

As at 30/06/2026. Source: Morningstar.

Fees and costs

InvestNow doesn’t charge account or administration fees. The fees below are set by the fund manager and are the same as investing with them directly.

Fee

Amount

What it means

Estimated annual fund charge

0.49% p.a.

Includes management and administration fees, deducted from the fund.

Performance fee

None

This fund doesn’t charge a performance fee.

Buy/sell spread

0.08% / 0.08%

A cost applied when you buy or sell units.

InvestNow account fees

None

No account or administration fees.

Fund documents

Read the Product Disclosure Statement and other fund information before you invest.

Product Disclosure Statement

PDF

Download

About the manager

Russell Investments

Russell Investments has eight managed funds on the InvestNow platform – including international and New Zealand fixed interest funds, plus international and Australasian equities.

Learn more about Russell Investments, their investment options available to InvestNow customers plus access their latest news & updates.

View Russell Investments