I ordered a prospectus and have read it to assess whether it would be worthwhile. I think it all depends on individuals portfolio composition and willingness to do there own research as to whether this is a good fund to invest in or not. I came to the conclusion that for me that I would be better off with an international share fund (eg Hunter Hall). The Australian market is very accessible for most NZ investors and I have quite a bit of exposure to it through direct share investment whereas international markets I have less exposure. I thought the fees seemed a little on the high side compared with other similar funds.