Hunter Diversified Private Credit Fund vs MyFarm KiwiFruit Fund

The most material structural difference is asset class and return profile: Hunter Diversified Private Credit Fund invests in private credit and targets "4% per annum higher than the New Zealand Official Cash Rate over a rolling 3-year period" — a floating, OCR-linked benchmark — while MyFarm KiwiFruit Fund is a property fund (kiwifruit orchards) targeting a fixed "long-term total return, including cash distributions and capital growth, of 10% p.a." These constructions reflect fundamentally different risk and return drivers: one is rate-sensitive credit exposure, the other is agricultural real-asset exposure with capital growth as a component.

On structure, Hunter is a PIE unit trust, making it PIR-eligible for tax purposes; MyFarm discloses AIP eligibility but its IM facts do not confirm PIE status or PIR eligibility. Hunter discloses a supervisor (New Zealand Guardian Trust Company Limited) and a management fee of 0.83% p.a.; MyFarm's sourced facts disclose neither a supervisor nor a management fee figure. MyFarm does disclose AUM of NZ$210 million; Hunter's IM does not specify a current AUM figure.

Both funds distribute quarterly. Redemption frequency differs: Hunter offers monthly redemptions, though its gate provisions allow suspension for up to six months or partial redemption if liquidity is insufficient; MyFarm offers quarterly redemptions, but its IM facts do not detail equivalent gate or liquidity provisions. Both require wholesale investors; Hunter sets a minimum investment of NZ$100,000, while MyFarm's minimum is not stated in the sourced facts. Hunter has operated since December 2016; MyFarm's inception date is not disclosed in the available facts.

Verify all details against each fund's current IM, PDS, or SIPO before relying on this summary.