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MANAGED FUNDS

Acceptable managed funds under Active Investor Plus.

Are you a New Zealand fund seeking capital and connections from investor migrants?
Make sure your fund is an acceptable investment for the Active Investor Plus visa.

Becoming an acceptable managed fund

At a high level, to become an acceptable managed fund, a managed fund must:

  1. Be a New Zealand resident entity.

  2. Meet the criteria in the AIP Visa Immigration New Zealand Instructions.

  3. Read the guidance notes.

  4. Submit an application to Invest NZ.

  5. Be assessed as an acceptable investment and be added to the Acceptable Managed Fund list maintained and published by Invest NZ.

Approval process

Step 1

Download and read the 'Guidance notes on the criteria for Managed Funds' available below.

Download guidance notes

Step 2

Download and complete the Managed Funds application form.

Download and complete

Process overview

Going forward, an investor migrant who invests in that business must provide the Invest NZ letter of confirmation to Immigration New Zealand as evidence to demonstrate that their investment is considered "acceptable" in accordance with the AIP Visa Immigration New Zealand Instructions.

Application form submitted to Invest NZ Investment and applicant receives email confirmation.

Invest NZ Active Investor Plus Committee assesses applications. Applications are assessed approximately monthly.

Application is approved or declined as an "acceptable investment", or if more information is required for an outcome to be determined.

Approved applications will receive an acceptable managed fund letter or email of confirmation from Invest NZ, and be listed on this website.

Supporting documents

To access the fund of fund addendum application form, click here.

To review mandatory disclosure requirements, click here.

To access the single asset fund addendum application form, click here.

To submit a re-certification form, for the “Acceptable Managed Fund” status to remain current, click here.

Acceptable Managed Funds List

Last updated: 11 March 2026

The following Managed Investment Scheme meet the criteria for inclusion on the Acceptable Managed Fund List as set out in Appendix 15 to the Immigration New Zealand Instructions for the Active Investor Plus visa.

The inclusion of any Managed Investment Scheme on this list does not constitute an endorsement or recommendation by Invest New Zealand or the New Zealand Government. Please refer to further disclaimers at the bottom of this list. 


Disclaimer

If you express interest in a Managed Investment Scheme on this Acceptable Managed Fund List (“list”), the Invest New Zealand Investment Team may (as a conduit) put you in touch with the Managed Fund. Outside of that, Invest New Zealand's involvement ends. You can contact a Managed Investment Scheme on this list directly using the links provided above.

At the time of assessing an application for an Active Investor Plus visa, Immigration New Zealand will assess the relevant investment transaction and determine if the Managed Investment Scheme was on the list at the time the transaction occurred.

The inclusion of any Managed Investment Scheme on this list does not constitute an endorsement or recommendation by Invest New Zealand.

Invest New Zealand is not a provider of an investment advisory service, and the content of this list is not intended as a substitute for specific professional advice on investments, financial planning or any other matter, and does not take into account any particular investor’s objectives, financial situation or needs.

Investors should seek the advice of a financial advice provider and/or a professional tax adviser before making any investment decisions.

An investment in a Managed Investment Scheme set out in this list is subject to investment risk, including possible delays in repayment and loss of income and capital invested, among other risks.

No person, including Invest New Zealand, guarantees any particular rate of return on, the performance of, or the repayment of investments in, such Managed Investment Scheme.

This list is for information purposes only and is not an invitation or offer of securities for subscription, purchase or sale in any jurisdiction. Any decision to purchase or subscribe for securities or other financial products in any offering must be made solely on the basis of the information provided by the investee company in connection with such offering.

Invest New Zealand:

  • does not accept and hereby disclaims and excludes (to the extent permitted by law) all liability for losses, claims, damages, demands, costs and expenses of any nature whatsoever (including, but not limited to liability in contract or in tort, (including negligence), in equity or for breach of statutory or other duty) arising in any way out of, or in connection with, an investment opportunity originating from this list;

  • is not responsible for determining whether you are a person to whom securities or other financial products in any Managed Investment Scheme may lawfully be offered and issued in compliance with applicable laws, and you remain wholly responsible for ensuring you are in compliance with all applicable laws in relation to any such investment;

  • may change, delete, add to, or otherwise amend information contained on this list without notice; and

  • is not responsible for the content of other websites linked to or referenced on this list or any information flyer, information memorandum, investor presentation or similar document made available to you via our website or other means relating to any Managed Investment Scheme set out in this list.

Please see our Terms of Use & Engagement and our Privacy Policy that apply to your use of this website and all content.


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