- Provider website
- Minimum investment
$1,000
- Fund start date
30 April 2025
There are some aspects of this fund which may require extra consideration before deciding to invest.
Mix data not available
There may be no data yet, or the data has issues. So this fund can't yet be compared to others, or to an average.
Mix
Fees
Fees shown here (in purple) are based on what you would pay over a year if you had $30,000 in this fund. Compare with the average fees for managed funds (in grey).
Returns
Returns (in green) show how much this fund has grown in value in five years up to – after fees and taxes. Compare with the average managed fund (in grey).
Key facts
Here is what the provider says about this managed fund
“ The Generate Fixed Interest Managed Fund (Fixed Interest Managed Fund) aims to
provide a stable return over the short to medium term. It invests in an actively managed
portfolio made up entirely of income assets.ˆ Volatility is likely to be low to medium.
However a negative return is still possible ”
When can you get your money out?
For this managed fund (i.e. not a KiwiSaver fund), see the section of the PDS on withdrawing funds and how this works. Also, look for information about how long it takes to actually get paid after requesting a withdrawal, whether regular withdrawals are possible, and how often.
Mix
Mix not yet available – there may be no data yet, or the data has issues. So this fund can't yet be compared to others, or to an average.
Fees
Fees shown here (in purple) are based on what you would pay over a year if you had $30,000 in this fund. You can compare these with fees for the average managed fund (in grey).
A comparison of averages is not available for this fund. See Mix details for more information.
Fees breakdown
Here's a breakdown of the different charges in this fund (in purple), compared to the average managed fund (in grey).
| Fee Type | % Over a Year | Amount Paid on a 30K Balance |
|---|---|---|
ManagementThis 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. |
0.00%
|
$0.00
|
OtherThis is a summary of other potential costs not covered in the categories displayed. |
0.00%
|
$0.00
|
Performance-basedThese fees are based on the performance of the fund or underlying fund. When the fund performs well, these will be higher. |
None
|
$0.00
|
MembershipYou pay this membership charge (a flat fee) each year, regardless of your balance or the fund's performance. |
0.00%
|
$0.00
|
Total combined feesThese 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. |
0.00%
|
$0.00
|
Returns
For the past five years, this fund returned this average each year to investors (in green). This was after fees and taxes (28% PIR) were taken out. To compare, you can see the average return over the same time for all managed funds (in grey).
A comparison of averages is not available for this fund. See Mix details for more information.
Risks
Specific risks for this fund
Chasing higher returns while investing always increases risks. Several kinds of risks, actually. It is important to evaluate whether the returns are worth it, whether you can cope, and whether this investment will in fact help you achieve your goals. Also, since the way an investment is structured can make it riskier, it's important to understand how it works.
You'll find the specific risks in the Risk section of the PDS, and here's more about understanding risk.
Generate Unit Trust (Managed Funds) PDS 30-04-2025.pdf
How this investment works, including about the provider, risks, costs and potential returns
Risk indicator
This is a gauge of how volatile this investment has been – how much it has gone up and down in value. It has been calculated based on the fund's five-year performance (or an appropriate market index if it has not been around that long).
The left side of this range of numbers indicates a Lower risk
The right side of this range of numbers indicates a Higher risk
- 1
- 2
- 3
- 4
- 5
- 6
- 7
The left side of this range of numbers indicates
Potentially
lower returns
The right side of this range numbers indicates
Potentially
higher
returns
Key documents
These are the most important documents that a provider is required to file about this investment.
Product disclosure statement
Before you invest in a product like a fund, you are given a PDS which has essential details about it and the company providing it. Here's more on how to read a PDS.
Generate Unit Trust (Managed Funds) PDS 30-04-2025.pdf
How this investment works, including about the provider, risks, costs and potential returns
Additional disclosure documents
These are more documents from the provider that can contain interesting information.
Generate Unit Trust (Managed Funds) OMI 30-04-2025.pdf
Statement of investment policy and objectives (SIPO)
A SIPO tells you where the fund managers are coming from. It sets out the governance and management framework, philosophy, strategies and objectives for this investment.
Generate Unit Trust (Managed Funds) Statement of Investment Policy SIPO.pdf
Strategies and objectives for this investment
Key personnel
These are the directors and employees who have the most influence on investment decisions for this fund.
| Name | Current position | Time in role |
|---|---|---|
| SAM GOLDWATER | Chief Investment Officer/Investment Committee Member/Executive Director | 12 years, 0 months |
| DANIEL FROST | Portfolio Manager - Australasian Equities | 7 years, 2 months |
| ANDREW BOLLAND | Portfolio Manager - Australasian Equities | 5 years, 9 months |
| AYRTON OLIVER | Portfolio Manager - Fixed Income | 4 years, 0 months |
| NATHAN FIELD | Portfolio Manager - Global Equities | 2 years, 1 month |
Additional details
Manager details
Name
GENERATE INVESTMENT MANAGEMENT LIMITED
Type
NZ Limited Company
Website
NZBN
9429030374034
FSP Number
Supervisor
Name
PUBLIC TRUST
Fund details
Continuous issue
Yes
Default KiwiSaver
No
Lifecycle option
No
Multi-fund option
No
Schedule 1 exemption
No
FMA exemption
No
Number of members
0
Reference numbers
Fund
FND56149: GENERATE FIXED INTEREST MANAGED FUND
Offer
OFR12737: GENERATE UNIT TRUST SCHEME
Scheme
SCH12736: GENERATE UNIT TRUST SCHEME
Next steps
Want to know more about this investment or how it compares to others? Have a look at its peers.
Product disclosure statement
Take a deeper dive into the PDS, which has essential details about this offer and the company providing it. Here's more on how to read a PDS.
Getting investment advice
Good advice is gold. Everyone can benefit from expert advice, provided the adviser has your interests at heart. Here's how to find one and key questions to ask.
Interested in investing in this offer? Visit the provider's website. generatewealth.co.nz