Hunter Diversified Private Credit Fund vs PG Balanced Fund

The most material structural difference is asset class and strategy: the Hunter Diversified Private Credit Fund is a dedicated private credit vehicle targeting illiquid lending assets, while the PG Balanced Fund is a diversified multi-asset fund — a fundamentally different risk and return profile that shapes every other comparison point.

On return expectations, Hunter discloses a verbatim target of "4% per annum higher than the New Zealand Official Cash Rate over a rolling 3-year period"; the PG Balanced Fund's extracted facts include no equivalent target return disclosure. Hunter's management fee is stated at 0.83% per annum; PG Balanced Fund's IM does not specify a fee figure in the extracted data.

Access and liquidity differ considerably. Hunter requires a NZD 100,000 minimum investment and is explicitly wholesale-only, with monthly redemptions subject to gate provisions — suspensions can last up to six months and partial or zero redemptions are possible if liquidity is insufficient. PG Balanced Fund carries a NZD 1,000 minimum and is not restricted to wholesale investors, suggesting broader retail accessibility, though its redemption terms are not specified in the extracted facts.

Both funds are PIE-structured unit trusts, both are PIR-eligible, and both share the same supervisor, The New Zealand Guardian Trust Company Limited. Hunter has a disclosed inception date of December 2016; no inception date is provided for the PG Balanced Fund. Hunter's manager is Harbour Asset Management Limited; PG Balanced Fund is managed by PG Funds Limited.

Always verify these details against each fund's current IM, PDS, or SIPO before making any investment decision.