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Devon
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Australasian shares, Shares

Devon Dividend Yield Fund

A select portfolio of New Zealand and Australian listed equity securities chosen for their attractive dividend yields, with some growth prospects to maintain the dividend yield and capital value in real terms.

Risk indicator
5 out of 7

Higher numbers mean bigger ups and downs in value.

Estimated fund charge
1.13% 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
$1.9967

As at 02/11/2026. Buy/sell spread 0% / 0%.

About this fund

A select portfolio of New Zealand and Australian listed equity securities chosen for their attractive dividend yields, with some growth prospects to maintain the dividend yield and capital value in real terms.

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

Fund facts

Investment manager
Devon
Fund type
Managed fund (PIE)
Asset class
Australasian shares, Shares
Management style
Active
Inception date
20/12/2012
Fund size
$16.07M as at 02/11/2026
Distributions
Quarterly
Regular Investment Plan
Not available
InvestNow KiwiSaver
Not available

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

Devon Dividend Yield Fund
 
1 month
3 months
1 year
3 years
5 years
10 years
Since inception
Devon Dividend Yield Fund
0.43%
1.67%
0.98%
11.35%
7.00%
6.74%
9.92%

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 shares
64.4%
Australasian shares
35.0%
Cash
0.6%

As at 30/09/2026. 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
1.13% 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% / 0%
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
Devon logo
About the manager

Devon

Devon Funds Management has four Australasian equity managed funds available on the InvestNow platform.

Learn more about Devon Funds, their investment options available to InvestNow customers plus access their latest news & updates below.

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Ready to invest in Devon Dividend Yield Fund?

Read the Product Disclosure Statement, then invest from $250, or from $50 per fund with a Regular Investment Plan.