Hunter Diversified Private Credit Fund vs PG Strategic Growth Fund

The most material structural difference is asset class and return profile: the Hunter Diversified Private Credit Fund targets private credit, aiming for "4% per annum higher than the New Zealand Official Cash Rate over a rolling 3-year period," while the PG Strategic Growth Fund invests in international equities and discloses no equivalent target return figure in the extracted data. This distinction drives meaningfully different risk and volatility characteristics.

Minimum investment reflects another significant divergence — Hunter requires NZ$100,000, positioning it firmly as a wholesale vehicle, whereas PG Strategic Growth sets its minimum at NZ$1,000 and is flagged as not wholesale-only, suggesting broader retail accessibility. Both are PIE-eligible unit or trust structures supervised by The New Zealand Guardian Trust Company Limited.

On fees, Hunter charges a 0.83% management fee with no performance fee disclosed; PG Strategic Growth charges 1.20% plus a 10% performance fee, which materially increases the total cost in strong-return environments. Distribution frequency also differs: Hunter pays quarterly, PG Strategic Growth monthly.

Redemption mechanics diverge in structure rather than headline frequency. Hunter offers monthly redemptions but retains broad suspension powers — up to six months — and may provide partial or zero redemptions in low-liquidity periods. PG Strategic Growth permits redemptions at any time but applies a $10 million maximum gate per investor account over a rolling four weeks. Hunter's inception date is disclosed as December 2016; PG Strategic Growth's IM does not specify one in the extracted data.

Always verify all details against each fund's current source IM or PDS before making any investment decision.