We work closely with financial advisers who share our belief that clients benefit from an integrated advice process and portfolio management service.

In some cases the strength of that philosophical alignment has formed the basis of an interest in financial advisory businesses. It is important to note that these firms are not in any way contractually obligated to recommend NZ Funds’ Portfolios to their clients. Their use of our services is only where they deem it appropriate for their clients.

We have an interest in the following financial advisory businesses:

• Myles Wealth Management Limited
• Financial Fitness Limited
• McLay Management Services Limited

Pan Systems Limited (which provides financial advisory processes and services to member firms in the pan network) is a subsidiary company of NZ Funds.

We hold the shares in LodeStar Group Limited, which is the manager of the LodeStar network.  These shares are held on trust for the current members of that network.

We have an interest in MMG Advisory Partners Limited.

We have a shareholding interest in Fidelity Limited (“Fidelity”), whose principal business activity is to lend funds to borrowers in the property sector. Certain of the Portfolios have made loans to Fidelity. 

Where Portfolios have lent funds to Fidelity, NZ Funds has rebated its management fees on the Portfolios' loans to Fidelity, meaning that investors have effectively received the full interest rate paid by Fidelity.