Green & Sustainable Bond Fund (NZD)
Strategy
The Artesian Green & Sustainable Bond Fund (NZD) offers New Zealand investors a Portfolio Investment Entity (PIE) vehicle to invest in the Artesian Green & Sustainable Bond Fund (AUD).
The Fund invests in a diversified portfolio of liquid, investment grade fixed and floating rate green, sustainable and social bonds, with the currency fully hedged to NZD.
Key characteristics:
- The Fund invests in green, sustainable and social bonds issued by global companies and governments.
- Investment grade fund with an emphasis on liquidity and credit quality.
- ESG integrated investment research to provide optimal investment decisions.
- Large global, experienced team of fixed income professionals trading and analysing credit markets 24 hours a day.
- Providing investors a diversified exposure to a very hard to access asset class – green, sustainable and social bonds.
- Excess returns are expected to be generated through a well constructed and actively managed portfolio in the global bond market.
Target Return
The Fund aims to outperform the benchmark (Bloomberg AusBond Composite 0-5 Yr Index, 100% hedged to NZD) net of fees through active management.
Note the target return is not a forecast. It is merely an indication of what the Fund aims to achieve over the medium term on the assumption that credit markets remain relatively stable throughout the investment timeframe. The Fund may not be successful in meeting the benchmark return. Returns are not guaranteed.
2024 Awards
- Best New Ethical Fund 2024, Mindful Money Awards
- Australian Sustainability Fund Manager of the Year, Kanganews Awards
- Upgraded to Recommended, Zenith
Terms
Investment Management Fee
0.34%
Administration Fee
0.29%
Total Fund Charges
0.63% p.a.
Minimum Investment
NZD $10,000
Structure
PIE
Risk Indicator
Low to Medium (3/7)
Minimum Timeframe
3 years
Track record
Fund Performance, NZD Units as at 30 June 2026
| 1 mth | 3 mth | 1 yr | 2 yr p.a. | 3 yr p.a. | Since Incep. | |
|---|---|---|---|---|---|---|
| Gross Fund Return NZD | 0.69% | 1.81% | 1.61% | 4.64% | 5.23% | 5.23% |
| Net Fund Return NZD* | 0.64% | 1.55% | 0.35% | 3.42% | 4.11% | 4.11% |
| PIR Return NZD** | 0.64% | 1.65% | 0.97% | 3.98% | 4.57% | 4.56% |
| Bloomberg AusBond Composite 0-5 Yr 100% NZD hedged | 0.51% | 1.42% | 0.58% | 3.48% | 4.09% | 4.06% |
Relative Performance Since Inception (NZD)
Ratings and platforms
What your capital financed
The Artesian Impact Calculator is designed to measure the environmental and social impact generated by the Artesian Green & Sustainable Bond Fund. Artesian collects impact metrics (typically sourced from annual impact reports) across its investments and prorates them to reflect the proportion attributable to each investor.
This Fund is a New Zealand PIE that invests into an underlying Australian unit trust, the Artesian Green and Sustainable Bond Fund (AUD). The figures below are measured on that underlying portfolio and are reported in Australian dollars.
Fund documentation
Green & Sustainable Bond Fund (NZD) investors can log in for transaction history and unit pricing.
Select a category to view documents. Click any thumbnail to download.
Fund reports
Offering documents
Investment approach
Using capital for a better future, not just a return.
The Fund invests in green, sustainable and social bonds issued by global companies and governments. These instruments direct capital toward projects with measurable environmental and social benefits, from renewable energy and clean transport to affordable housing and healthcare infrastructure. New Zealand investors gain NZD-hedged exposure to a rapidly growing asset class while maintaining the credit quality and liquidity characteristics of traditional bond portfolios.
Debt team
Important information
General advice
This information is general in nature and does not take into account your personal objectives, financial situation or needs. Before making an investment decision, you should read the Product Disclosure Statement (PDS) and consider whether the investment is appropriate for you.
Past performance
Past performance is not indicative of future returns. Returns are not guaranteed. The value of your investment may go down as well as up.
Fund structure
The Artesian Green and Sustainable Bond Fund (NZD) is a Portfolio Investment Entity (PIE) managed by Devon Funds Management Limited. The Fund invests in an underlying Australian Unit Trust (AUT), the Artesian Green and Sustainable Bond Fund (AUD), managed by Artesian Capital Management Pty Ltd.
Zenith rating
The Zenith Investment Partners (ABN 27 103 132 672, AFS Licence 226872) (“Zenith”) rating (ETL3604AU (Artesian Corporate Bond Fund) and ETL8782AU (Artesian Green & Sustainable Bond Fund) assigned June 2024) referred to in this piece is limited to “General Advice” (s766B Corporations Act 2001) for Wholesale clients only. This advice has been prepared without taking into account the objectives, financial situation or needs of any individual, including target markets of financial products, where applicable, and is subject to change at any time without prior notice. It is not a specific recommendation to purchase, sell or hold the relevant product(s). Investors should seek independent financial advice before making an investment decision and should consider the appropriateness of this advice in light of their own objectives, financial situation and needs. Investors should obtain a copy of, and consider the PDS or offer document before making any decision and refer to the full Zenith Product Assessment available on the Zenith website. Past performance is not an indication of future performance. Zenith usually charges the product issuer, fund manager or related party to conduct Product Assessments. Full details regarding Zenith’s methodology, ratings definitions and regulatory compliance are available on our Product Assessments and at Fund Research Regulatory Guidelines
Lonsec rating
The report was published by Lonsec Research Pty Ltd ABN 11 151 658 561 AFSL 421 445 (Lonsec). Lonsec receives a fee from fund managers for the preparation of reports. Lonsec’s reports are prepared based on a Research Process that is consistently followed for different products. The information included in the report, including the rating, is general advice only. An investor should be aware that: a) the advice has been prepared without taking into account an investors’ objectives, financial situation or needs; b) an investor should consider the appropriateness of the advice having regard to their own objectives, financial situation or needs before acting on the advice; and c) an investor should obtain a Product Disclosure Statement (PDS) (if required) relating to the product, consider the PDS and seek independent financial advice before making any decision about whether to acquire the product. The report, including the rating, is not a recommendation to purchase, sell or hold any product. Past performance is not a reliable indicator of future performance. Reports are prepared based on information available at the time of preparation and may be subject to change by Lonsec without notice. Visit lonsec.com.au for important documents including the Financial Services Guide and Conflicts of Interests Statement. © 2026 Lonsec. All rights reserved.