Funds targeting 10%+ p.a. returns
Funds whose IM target return is 10% or higher — typically venture capital, growth equity, mezzanine debt, AIP Growth-category vehicles.
7 funds match. Filter derived from Sonnet-extracted facts in each fund's manager-published IM, PDS or SIPO. Verify each fund's current source document before relying on these values.
- 9-12% p.a. IRR (target internal rate of return over the investment's lifetime)
CQuest Forestry Fund
MyFarm Investments · Forestry
Carbon and production forestry assets targeting up to 2000 hectares
- Targeted long-term total return, including cash distributions and capital growth, of 10% p.a.
MyFarm KiwiFruit Fund
MyFarm Investments · Agriculture
Diversified portfolio of established SunGold kiwifruit orchards and Zespri shares
- Forecast cash distributions of 10-12% p.a., paid quarterly. With depreciation benefits, estimated to be the equivalent of an average 15% p.a. return on a fully taxable investment, from years two to ten, assuming a tax rate of 33%.
MyFarm Solar Fund
MyFarm Investments · Infrastructure
Portfolio of solar farms across NZ with long-term Power Purchase Agreements
- Manager states target of 13% annualised pre-tax return on an after-fees basis over a two-year term; returns are not guaranteed and actual returns may vary
Centuria Value-Add Fund No. 2
Centuria · Property
Centuria Value-Add Fund No. 2 is a New Zealand wholesale property investment vehicle managed by Centuria. Structure: New Zealand limited partnership (not a portfolio investment entity); wholesale investors only; unregistered offer under FMCA. The manager states a target/forecast of: Manager states target of 13% annualised pre-tax return on an after-fees basis over a two-year term; returns are not guaranteed and actual re (target only — not a forecast or guarantee; capital is at risk). IM watermarked no longer current (see 20 Nov 2025 notice of meeting).
- Manager states target gross cash distribution return of 6.16% per annum (1 December 2023 to 31 March 2025), based on 5.85 cents per unit per annum at offer price of $0.95; distributions are not guaranteed and may vary.
PMG Direct Office Fund
PMG Funds · Property
PMG Direct Office Fund is a New Zealand retail-offer property investment vehicle managed by PMG Funds. Structure: Registered managed investment scheme constituted as a unit trust, licensed under the FMCA (excluding managed funds), structured as a multi-r. The manager states a target/forecast of: Manager states target gross cash distribution return of 6.16% per annum (1 December 2023 to 31 March 2025), based on 5.85 cents per unit per (target only — not a forecast or guarantee; capital is at risk).
- Manager states forecast Total Return of 15.2% for FY ending 31 March 2023, comprising forecast fair value gain of 11.6% and forecast pre-tax cash return of 3.6% (5.5 cents per share), based on discounted share price of $1.51. Returns are not guaranteed.
Provincia Property Fund
Provincia · Property
Provincia Property Fund is a New Zealand wholesale property investment vehicle managed by Provincia. Structure: Unlisted limited liability company, registered as a Portfolio Investment Entity (PIE) since 1 October 2018. Not a FMC reporting entity.. The manager states a target/forecast of: Manager states forecast Total Return of 15.2% for FY ending 31 March 2023, comprising forecast fair value gain of 11.6% and forecast pre-tax (target only — not a forecast or guarantee; capital is at risk). Investment Statement Dec 2022 + FY2024 annual report.
- Manager states target gross cash distribution of 6.00 cents per unit per annum (1 April 2022 to 31 March 2023), equating to a projected gross cash distribution return of 5.26% p.a. on the $1.14 offer price. Distributions are not guaranteed and may vary.
PMG Generation Fund
PMG Funds · Property
PMG Generation Fund is a New Zealand retail-offer property investment vehicle managed by PMG Funds. Structure: Managed investment scheme constituted as a unit trust; multi-rate PIE for tax purposes; FMCA-registered MIS (Scheme Number SCH12827). The manager states a target/forecast of: Manager states target gross cash distribution of 6.00 cents per unit per annum (1 April 2022 to 31 March 2023), equating to a projected gros (target only — not a forecast or guarantee; capital is at risk).
Other facts-based views
- Wholesale funds with monthly redemption
- Wholesale funds with quarterly redemption
- Wholesale funds with annual redemption
- Closed-end funds with capital returned at exit
- Wholesale funds with minimum under $25,000
- Wholesale funds with minimum under $50,000
- Wholesale funds with minimum under $100,000
- Institutional-tier funds (minimum $250,000+)
Information only — not financial advice (FMCA s23 / Schedule 1)
Filtered directory listing. Wholesale Investor NZ does not vet, verify, endorse, recommend or rank any fund for any individual's circumstances. Filter values are derived from facts extracted by Claude Sonnet from each fund's manager-published IM/PDS/SIPO — verify against the current source document before relying on any value. Past performance does not guarantee future results. Wholesale-class funds are for Schedule 1 FMCA 2013 eligible investors only. Seek advice from an authorised financial adviser before making any investment decision.