Funds

Daintree High Income PIE

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: 0.9%
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: 0.9%
    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 Fund invests into the Daintree High Income Trust (Underlying Fund) that has a diversified portfolio of international credit fixed income securities and cash, with an allocation to non-investment grade securities. This Underlying Fund applies a range of strategies that include duration and yield curve management, sector rotation and individual security selection. The aim of the Fund is to provide income over the medium term and a total return (after fees) that exceeds the Benchmark.

    Value $2.67M NZD
    Period of data report 31st March 2026
    Fund started 4th Nov. 2025
    Total annual fund fees 0.9%
    Total performance based fees 0.0%
    Manager's basic fee 0.75%
    Other management and administration charges 0.15%
    Total other charges 0.0
    Total other charges currency NZD

    Key Personnel

    Andrew Kelleher

    Currently: Director, Clarity Funds Management Limited (17 years, 11 months)
    Previously: Acting Managing Principal, ASB Securities Limited and Investment Consultant, ASB Limited (3 years, 5 months)

    Josh Wilson

    Currently: Chief Investment Officer, Clarity Funds Management Limited (7 years, 0 months)
    Previously: Portfolio Manager, NZ Funds (7 years, 10 months)

    Alan Lee

    Currently: Director, Clarity Funds Management Limited (20 years, 9 months)
    Previously: Director, Jarden Morgan Investment Services Limited (4 years, 0 months)

    Mark Mitchell

    Currently: Director, Portfolio Manager - Credit, Daintree Capital (9 years, 3 months)
    Previously: Head of Credit and Portfolio Manager, Kapstream Capital (7 years, 0 months)

    This information has been sourced from the quarterly data that each fund has filed with Disclose register to 31st March 2026.

  • 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 31st March 2026.

  • Investments

    Top 10 Investments

    • Daintree High Income Trust NZD

      Australia Int Fixed Interest

      98.74%

    • NZD Cash At Bank

      New Zealand Cash and Equivalents

      1.26%
    Type Target Actual
    Cash and Cash Equivalents 15.0% 0.0%
    New Zealand Fixed Interest 0.0% 0.0%
    International Fixed Interest 85.0% 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 31st March 2026.

This data is compiled by Mindful Money from the fund information and portfolios that each fund has filed with the Disclose register to 31st March 2026 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: 0.9%
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 Fund invests into the Daintree High Income Trust (Underlying Fund) that has a diversified portfolio of international credit fixed income securities and cash, with an allocation to non-investment grade securities. This Underlying Fund applies a range of strategies that include duration and yield curve management, sector rotation and individual security selection. The aim of the Fund is to provide income over the medium term and a total return (after fees) that exceeds the Benchmark.

Value $2.67M NZD
Period of data report 31st March 2026
Fund started 4th Nov. 2025
Total annual fund fees 0.9%
Total performance based fees 0.0%
Manager's basic fee 0.75%
Other management and administration charges 0.15%
Total other charges 0.0
Total other charges currency NZD

Key Personnel

Andrew Kelleher

Currently: Director, Clarity Funds Management Limited (17 years, 11 months)
Previously: Acting Managing Principal, ASB Securities Limited and Investment Consultant, ASB Limited (3 years, 5 months)

Josh Wilson

Currently: Chief Investment Officer, Clarity Funds Management Limited (7 years, 0 months)
Previously: Portfolio Manager, NZ Funds (7 years, 10 months)

Alan Lee

Currently: Director, Clarity Funds Management Limited (20 years, 9 months)
Previously: Director, Jarden Morgan Investment Services Limited (4 years, 0 months)

Mark Mitchell

Currently: Director, Portfolio Manager - Credit, Daintree Capital (9 years, 3 months)
Previously: Head of Credit and Portfolio Manager, Kapstream Capital (7 years, 0 months)

This information has been sourced from the quarterly data that each fund has filed with Disclose register to 31st March 2026.

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 31st March 2026.

Top 10 Investments

  • Daintree High Income Trust NZD

    Australia Int Fixed Interest

    98.74%

  • NZD Cash At Bank

    New Zealand Cash and Equivalents

    1.26%
Type Target Actual
Cash and Cash Equivalents 15.0% 0.0%
New Zealand Fixed Interest 0.0% 0.0%
International Fixed Interest 85.0% 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 31st March 2026.

This data is compiled by Mindful Money from the fund information and portfolios that each fund has filed with the Disclose register to 31st March 2026 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.